DOLLEX AGROTECH LIMITED

Company Profile
Company Name DOLLEX AGROTECH LIMITED
Open Date 15-12-2022
Close Date 20-12-2022
Exchange NSE SME
Lot Size 4000 Shares
Issue Price ₹ 35 per share
Issue Size 69,68,000 Equity Shares
Application Amount ₹ 1,40,000
Recommendation Risk_Averse - Should Wait Risk_Seekers - Should Apply
Being Incorporated in 2013, Dollex Agrotech Limited is engaged into the business of manufacturing & trading of Sugar with captive power co-generation capabilities. The company started its cane development process since Incorporation. In the year 2018, the Company then started its operations of Sugar manufacturing, from sugarcane along with co-generation capabilities in Indore, Madhya Pradesh. They have received in-principle approval from department of Food & public distribution from Government of India for establishing distilleries of 200 KLPD capacity. In addition to sugar, they also produce and sell its by-products such as molasses, press mud and bagasse. The bagasse is used to generate power. Further, the company is into captive power generation with a capacity of 3 MW for its own use and not in commercial power generation and distribution as on date. The power is generated from bagasse to run their plant at Datia.
(Read more on the review)

Summary of Financials (All financials in Lakh)

For the Period Ended Jun-22 Mar-22 Mar-21
Total Assets 11,093.62 11,355.87 10,499.28
Net Assets 2,800.93 2,649.67 2,322.77
Total Borrowings 4,560.10 4,447.31 5,025.41
Total Revenue 840.81 7,962.58 7,748.42
Profit After Tax 151.26 326.90 167.43

Tentative Timeline

Opening Date 15-12-2022
Closing Date 20-12-2022
Basis of Allotment 23-12-2022
Initiation of Refunds 27-12-2022
Credit of Shares to Demat 27-12-2022
Listing Date 28-12-2022

Objects of the Issue

To meet out the Working Capital requirements of the Company
To meet out the General Corporate Purposes
To meet out the Issue Expenses

Contact Information

Registered Office Dollex Agrotech Limited 205, Naroli Arcade 19/1, Manorama Ganj, Palasia Square Indore, Madhya Pradesh – 452001
Phone +91 731 2495505
Email info@dollex.in
Website http://www.dollex.in/

Offer Documents

Dollex Agrotech Limited

Registrar Details

Name Skyline Financial Services Private Limited
Phone 02228511022
Email compliances@skylinerta.com
Website https://www.skylinerta.com/ipo.php

IPO Reservation

Anchor Investor Shares Offered -
Market Maker Shares Offered 3,52,000 (5.05%)
Other Shares Offered 33,08,000 (47.47%)
Retail Shares Offered 33,08,000 (47.47%)
Total Shares Offered 69,68,000 (100%)

Shareholding Pattern

Contact Us to Enable Your Success!