New Delhi: Dindigul Farm IPO allotment is due today on Tuesday, June 25, 2024. Dindigul Farm IPO was subscribed 202.35X with bids received from 86.80 crore shares compared to just 43.90 crore shares on offer. The IPO comprises a fresh issue of 64.35 lakh shares of Rs 10 face value worth Rs 34.83 crore.
Dindigul Farm IPO GMP
Dindigul Farm IPO GMP stood at Rs 68 apiece, indicating a listing price of Rs 122 apiece, according to Investorgain. This marks a nearly 126 per cent rise in the stock’s value over the upper end of its price band. GMP is the additional price an investor is willing to pay to acquire a stock.
How to check Dindigul Farm IPO allotment status
Dindigul Farm IPO allotment today starts with the market opening. Investors can check whether they have been allotted the shares of the company using the following steps:
Visit the website of the IPO registrar: Link Intime at: https://linkintime.co.in/initial_offer/publis-issues.html
Now, choose Dindigul Farm Product Limited from the dropdown menu
Choose which proof you intend to use to log in: PAN/application number/ DP ID or account number
Enter the requisite details
Click on ‘Submit’
The Dindigul Farm IPO allotment status will be visible on your screen
Dindigul Farm IPO details
Dindigul Farm IPO opened on June 20, 2024 and closed on June 24, 2024. The company, which retails milk products, is set to list its shares on the BSE SME index on June 27, 2024.
Dindigul Farm IPO price band was fixed at Rs 51-54 apiece.
Dindigul Farm IPO book running lead manager was Beeline Capital Advisors and its registrar was Link Intime India.
The minimum lot size for the IPO was 2,000 shares priced at Rs 1.08 lakh.
The company reported full-year net profit of Rs 525.79 crore in FY23, compared to a Rs 420.08 crore loss in the year-ago period. The revenue for the same period rose 188.19 per cent to Rs 8,199.34 crore year-on-year.
Proceeds from the IPO will be used to meet:
Capital expenditure requirements
Working capital requirements
General corporate purposes
Dindigul Farm IPO allotment today: If you have placed a bid for Dindigul Farm IPO, check the allotment status today following the instructions listed below. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
