EnNutrica is launching its initial public offering (IPO) as a book-built issue, aiming to raise ₹34.83 crores. The entire IPO consists of 64.5 lakh fresh shares. The subscription window for the EnNutrica IPO opens on June 20, 2024, and closes on June 24, 2024. The allotment process is expected to conclude on Tuesday, June 25, 2024. EnNutrica’s shares will be listed on the BSE SME platform, with a tentative listing date set for Thursday, June 27, 2024.
The price band for the IPO of EnNutrica is ₹51 to ₹54 per share. Retail investors can apply for a minimum lot size of 2000 shares, requiring an investment of ₹108,000. High-net-worth individuals (HNIs) can invest in 2 lots (equivalent to 4000 shares), totaling ₹216,000.
Beeline Capital Advisors Pvt Ltd serves as the book-running lead manager for the EnNutrica IPO, while Link Intime India Private Ltd acts as the registrar. Spread X Securities is the market maker for this IPO.
EnNutrica operates in the dairy products sector.
EnNutrica IPO Details:
| Company Name | Dindigul Farm Product Limited (EnNutrica) |
| Sector | Dairy Products |
| IPO Type | SME |
| IPO Open date | 20th June 2024 |
| IPO Close date | 24th June 2024 |
| OFS | |
| Listing Exchanges | NSE |
| Share Holding Pre-issue | |
| DRHP Draft Prospectus | Click to check |
| RHP Draft Prospects | Click to check |
EnNutrica IPO Lot Size:
| Application | Lot Size | Shares | Amount |
| Retail (Min) | 1 | 2000 | 1,08,000 |
| HNI (Min) | 2 | 4000 | 2,16,000 |
EnNutrica IPO Timeline:
| IPO Open Date | 20th June 2024 |
| IPO Close Date | 24th June 2024 |
| Basis of Allotment | 25th June 2024 |
| Refund Initiation Date | 26th June 2024 |
| Shares Credit to Demat | 26th June 2024 |
| Listing Date | 27th June 2024 |
FAQ
What is Grey Market Premium (GMP)?
The Grey Market Premium (GMP) represents the price at which an Initial Public Offering (IPO) is traded in the unregulated grey market before its official listing. It serves as an indicator of how the IPO might perform on the listing day. Seeing the latest GMP, investors can estimate the listing performance of the IPO.
