Dollex Agrotech Ltd.(NSE SME)

Dec 15, 2022 - Dec 20, 2022

Price ₹35 - ₹35
Premium ₹-2
Lot size 4000
Allotment Dec 23, 2022
Listing Dec 28, 2022

Category Lot(s) Qty Amount Reserved
Retail 1 4000 140000 0
HNI 2 8000 280000 0
Investor CategorySubscription (times)
Qualified Institutions[.]
Non-Institutional Buyers1.46
Retail Investors2.28
Employees[.]
Others[.]
Total1.87
About

Incorporated in 2013, Dollex Agrotech Limited is engaged in the business of manufacturing & trading sugar with captive power cogeneration capabilities.

The company also produce and sells its by-products such as mollases, pressed and bagasse. The bagasse is used to generate power. Further, the company is engaged in power generation up to the captive power of 3 MW.

Dollex Agrotech Limited has achieved a turnover of Rs. 7,940.11 Lakhs and a Profit after tax of Rs. 326.90 Lakhs in the Financial year 2021-2022.

The company's product portfolio includes Jaggery powder, Sugar, Molasses, Bagasse, Press mud, and Pharma-grade Sugar.

The company have booked a space through an agreement dated 25-12-2021 with a Warehousing facility for storing our sugar stocks with Star Agriwarehousing & Collateral Management Limited, situated at Khasra No. 421/1, Village Govindpur, Datia, Badoni, Madhya Pradesh for a quantity of 2000MT.

The company have been allotted an area of 7600 sq. ft by the government to take the sugarcane produce from the farmers. The company offer sufficient incentives and assistance in various stages of cultivation, thus ensuring loyalty from these farmers.

Company Financials

Dollex Agrotech Limited Financial Information (Restated)
Period Ended Total Assets Total Revenue Profit After Tax Net Worth Reserves and Surplus Total Borrowing
31-Mar-20 8884.95 2590.08 57.79 1155.34 155.34 5205.23
31-Mar-21 10499.28 7748.42 167.43 2322.77 322.77 5025.41
31-Mar-22 11355.87 7962.58 326.9 2649.67 649.67 4447.31
30-Jun-22 11093.62 840.81 151.26 2800.93 800.93 4560.1
Amount in ₹ Lakhs
Lead Manager(s)
Strength
Weakness
Registrar

Skyline Financial Services Private Ltd
Phone: 02228511022
Email: compliances@skylinerta.com
Website: https://www.skylinerta.com/