Dindigul Farm Product Limited (EnNutrica) IPO

Incorporation and Operations: Dindigul Farm Product Limited, incorporated in 2010, is engaged in processing whole milk and skimmed milk to produce various dairy ingredients. The company's product portfolio includes:

• Milk protein concentrates

• Skimmed milk powder

• Dairy whitener

• Whey protein concentrate

• Milk whey powder

• Casein

• Unbranded cream

• Butter

• Fat-filled powders for infant milk formula
  

Processing Facility: The company operates a processing unit in Dindigul, spread over an area of 15 acres.

Regulatory Compliance: Dindigul Farm Product Limited adheres to the standards set by various authorities, including FSSAI, Halal, Kosher, Export Import Council of India, and Europe Regulations for specific products. Additionally, the company holds a registration cum membership certificate from APEDA.

Supply Network: The company has established a robust network of over 150 village collection centres, providing direct access to more than 4,000 farmers and 50 dairy farms.

Brand Presence: Products are marketed under the brand names ENNUTRICA and Activday, serving a diverse customer base across various industries. The company has a presence in over 15 states within India and exports to 3 countries internationally. Issue Objectives: The proceeds from the IPO will be allocated towards:

1. Capital Expenditure

2. Working Capital Requirements

3. General Corporate Purposes

Promoter Holding:

• Pre-Issue Holding: 80.66%

• Post-Issue Holding: 59.36%

Dindigul Farm Product (EnNutrica) IPO: Key Details IPO Dates: 20 to 24 June 2024

Price Band: ₹51 to ₹54 per share

Lot Size: 2,000 shares Amount per lot: ₹1,08,000

Total Issue Size: ₹34.83 Crores

Retail Quota: 35%

GMP: 130% (For informational purposes only)

Allotment Link

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