Dindigul Farm IPO Details

Dindigul Farm IPO fully subscribed on the first bidding day on strong retail, NII demand; check GMP, other key details.

Dindigul Farm IPO fully subscribed on the first bidding day on strong retail, NII demand; check GMP, other key details.

The company was founded in 2010 and primarily processes whole milk and skim milk to produce dairy ingredients such as milk protein concentrates, skimmed milk powder, dairy whitener, etc.  The company's processing plant is located in Dindigul and covers 15 acres. The company markets its goods under the brand names ENNUTRICA and Activday and now supplies a diverse range of clients from various sectors. For the fiscal year 2022-23, the firm sold items in over 15 states domestically and three nations overseas. However, it intends to extend their worldwide business by entering additional ASEAN and European markets, as per the red herring prospectus (RHP).…
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