
Agriculture · NSE
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.
Price Band
₹35
Issue Size
₹24.39 Cr
Lot Size
4000 shares
GMP
-5.7%
Est. Listing
₹33
at current GMP
Subscribed
1.87x
overall
Open
15 Dec 2022
Close
20 Dec 2022
Allotment
23 Dec 2022
Refund
24 Dec 2022
Demat Credit
25 Dec 2022
Listing
28 Dec 2022
Overall Subscription
1.87x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 3,484,286 | — | 0.00x |
| Non-Institutional (NII / HNI) | 1,045,286 | — | 0.00x |
| Retail Individual (RII) | 2,439,000 | — | 0.00x |
| Total | 6,968,572 | 0 | 1.87x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 610 | 1,141 | 1.87x |
| HNIs (10L +) | 4 | 7 | 1.75x |
| HNIs (2-10L) | 19 | 36 | 1.89x |
| Total Applications | 633 | 1,184 | 1.87x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Dollex Agrotech Limited is bringing an initial public offering (IPO) in the Agriculture sector with an aggregate issue size of ₹24.39 Crores. The shares are offered at a price band of ₹35 to ₹35 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 4000 shares (approx. ₹1,40,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Skyline Financial Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-12-25, while un-allotted funds or UPI block mandates will be released on 2022-12-24.
Currently, Dollex Agrotech Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹35 to ₹35 per equity share.
The retail lot size is 4000 shares requiring a minimum application amount of ₹1,40,000. Expected listing price is ₹33 per equity share.
The Dollex Agrotech Limited IPO aggregate issue size is ₹24.39 Crores with an equity price band set at ₹35 to ₹35 per equity share. The retail lot size is 4000 shares requiring a minimum capital outlay of approx. ₹1,40,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.87x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Skyline Financial Services Private Limited) and the BSE status verification website on or around 2022-12-23. Investors can verify status using PAN card or application number.
Dollex Agrotech Limited shares are scheduled to list on NSE on 2022-12-28.