IPO Trending
DOLLEXSME / NSEListed
Dollex Agrotech

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.

₹35 - ₹351.87x sub
Listed Price₹30.00
Listing Gain-14.29%

IPO Schedule & Timeline

Fixed Price IPO
Open15 Dec 2022
Close20 Dec 2022
Allotment23 Dec 2022
Listing28 Dec 2022

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Market Maker3,52,000 shares
5.05%
Nii (hni)33,08,000 shares
47.47%
Retail33,08,000 shares
47.47%

Minimum Application Lots

Retail1 Lot (4,000 shares)
₹1,40,000
HNI2 Lots (4,000 shares)
₹1,40,000

Company Promoters

Mr. Mehmood KhanMrs. Munni Bee

Company Background

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 powde...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-20)₹2590.08 Cr
Growth+208.0%
Revenue Trend (₹ in Crores)
0.03.1k6.1k9.2kJun-22Mar-22Mar-21Mar-20
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-202590.0857.798884.955205.23
Mar-217748.42167.4310499.285025.41
Mar-227962.58326.911355.874447.31
Jun-22840.81151.2611093.624560.1

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Skyline Financial Services Private Limited

Allotment Finalized
Allotment Date
23 Dec 2022
Official Status
Out / Finalized
Registrar
Skyline Financial Services Private Limited
Listing Date
28 Dec 2022

Official Allotment Verification Links

Official Registrar Portal
Skyline Financial Services Private Limited

Direct allotment verification on the official registrar portal appointed for Dollex Agrotech. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

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Allotment Schedule & Milestones

IST
1. Allotment Finalization23 Dec 2022Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date28 Dec 2022Trading commences on exchange

How to Check Dollex Agrotech Allotment Online

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3Enter Details

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4View Allocation

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About Dollex Agrotech IPO

Complete issue overview for Dollex Agrotech (DOLLEX) IPO. The issue features an equity share price band of ₹35 per share with a minimum retail lot size of 4000 Shares (minimum application amount of ₹1,40,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

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