
Food & Agro Processing · BSE
Dindigul Farm Product Limited, established in 2010, is a leading dairy processing company specializing in converting whole and skimmed milk into high-quality dairy ingredients. Their product range includes milk protein concentrates, skimmed milk powder, whey protein concentrate, dairy whitener, casein, butter, unbranded cream, and fat-filled powders used in infant milk formula. Operating from a 15-acre processing unit in Dindigul, the company complies with FSSAI, Halal, Kosher, Export Import Council of India, and European standards, ensuring top-tier quality. With a strong network of over 150 village collection centers, Dindigul Farm Product directly sources milk from more than 4,000 farmers and 50 dairy farms. Their products, marketed under the brands ENNUTRICA and Activday, reach customers across 15+ states in India and three international markets. As of December 23, 2023, the company employed 101 staff members, supported by additional contract workers.
Price Band
₹51 – ₹54
Issue Size
₹34.83 Cr
Lot Size
2000 shares
GMP
+125.9%
Est. Listing
₹122
at current GMP
Subscribed
202.42x
overall
Open
20 Jun 2024
Close
24 Jun 2024
Allotment
25 Jun 2024
Refund
26 Jun 2024
Demat Credit
27 Jun 2024
Listing
27 Jun 2024
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹54
Band: ₹51 – ₹54
Estimated Listing Price
₹122
Upper price + GMP
Lot Size
2000 shares
Min investment ₹1,08,000
Estimated Profit / Lot
₹1,36,000
2000 × ₹68
Grey Market Premium trend
+₹68
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹68 | 125.9% | ₹122 |
| 30 Oct 2026 | +₹68 | 125.9% | ₹122 |
| 29 Oct 2026 | +₹61 | 113.3% | ₹115 |
GMP is unofficial market data. Not a guarantee of listing performance.
Dindigul Farm Product Limited is bringing an initial public offering (IPO) in the Food & Agro Processing sector with an aggregate issue size of ₹34.83 Crores. The shares are offered at a price band of ₹51 to ₹54 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2024-06-24, the basis of allotment is scheduled to be finalized on 2024-06-25. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
The latest grey market premium for Dindigul Farm Product Limited IPO is ₹68, which indicates an expected listing price of ₹122.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.