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DADOLLEXListed

Dollex Agrotech Limited

Fixed Price IPO · NSE

Price band
₹35 - ₹35
Lot size
4,000 shares
Issue amount
₹24.39 cr
Total subscription
1.87×
Current price₹39.05
Listing price ₹30
Watch live price ↗
Opens
15 Dec 2022
Closes
20 Dec 2022
Allotment
23 Dec 2022
Listing
28 Dec 2022

Offer at a glance

Issue overview

Issue size
69,68,000 shares
Face value
₹10 per share
Minimum investment
₹1,40,000
Fresh issue
₹16.16 cr
Offer for sale
₹7 cr
Registrar
Skyline Financial Services Private Limited
Listing exchange
NSE
Maximum investment
₹1,40,000
Issue type
Fixed Price IPO
Shares before issue
2,00,00,000
Shares after issue
2,49,68,000

Lot sizes

CategoryLotsSharesAmount
RETAIL14,000₹1,40,000
HNI24,000₹1,40,000

Share reservation

Market Maker5.05%
NII (HNI)47.47%
RETAIL47.47%

Subscription & GMP

Subscription by category

Total subscribed1.87×

Subscription figures are awaiting publication.

GMP history

-2-0.5125 Mar: ₹-224 Nov: ₹-2
25 Mar₹-224 Nov

Financial performance

Company financials

In Lakhs · Reported periods may include interim results.

Revenue & profitIn Lakhs
02,0004,0006,0008,000Jun-22 · Revenue: 840.81Jun-22 · Profit after tax: 151.26Jun-22Mar-22 · Revenue: 7,962.58Mar-22 · Profit after tax: 326.9Mar-22Mar-21 · Revenue: 7,748.42Mar-21 · Profit after tax: 167.43Mar-21Mar-20 · Revenue: 2,590.08Mar-20 · Profit after tax: 57.79Mar-20
RevenueProfit after tax

Company information

Company profile

Incorporated in 2013, Dollex Agrotech Limited is engaged in the manufacturing and trading of sugar with captive power cogeneration capabilities, along with the production and sale of by-products such as molasses, pressed mud, and bagasse—the latter also being used to generate up to 3 MW of captive power. The company’s product portfolio includes jaggery powder, sugar, molasses, bagasse, press mud, and pharma-grade sugar. For FY 2021–22, Dollex Agrotech reported a turnover of ₹7,940.11 lakh and a PAT of ₹326.90 lakh. The company has secured warehousing space for 2,000 MT of sugar stock with Star Agriwarehousing & Collateral Management Limited in Madhya Pradesh and has been allotted 7,600 sq. ft by the government to procure sugarcane from farmers, to whom it provides incentives and support throughout the cultivation process to maintain long-term relationships.

Promoters

Mr. Mehmood Khan

Mrs. Munni Bee

Registrar & documents

Lead manager

Expert Global Consultants Private Limited

Registrar & contacts

Skyline Financial Services Private Limited

[email protected]Official registrar portal ↗IPO allotment status guide →

Registered office

205, Naroli Arcade 19/1, Manorama Ganj, Palasia Square Indore, Madhya Pradesh – 452001

+91 731 2495505

[email protected]Company website ↗

Understanding DOLLEX IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.