Dollex Agrotech Limited Rights Issue (Dollex Agrotech Rights Issue 2025) Detail

₹49.44 Crores | Listing at NSE | Wed, May 21, 2025 - Wed, Jun 4, 2025

Dollex Agrotech Limited Logo

Dollex Agrotech Limited Rights Issue comprises 1.50 Cr equity shares aggregating to ₹49.44 Cr, offered at an issue price of ₹33 per share with a face value of ₹10 per share.

The record date for determining eligible shareholder is May 14, 2025, with the Rights Issue being offered in the entitlement ratio of 3 : 5.

The term of payment is defined as following : The entire issue of Rs 33 per right equity share shall be payable at the time of Application.

The Rights Entitlements are expected to be credited to eligible demat accounts on Jun 5, 2025.

The Rights Issue opens on May 21, 2025, and closes on Jun 4, 2025, with renunciation of Rights Entitlements permitted up to May 30, 2025.

The deemed date of allotment is Jun 5, 2025, following which the equity shares are expected to be credited to demat accounts on Jun 6, 2025 and listed at the NSE on Jun 6, 2025.

Skyline Financial Services Pvt.Ltd. is the Registrar to the Issue.

Investors are advised to refer to the Dollex Agrotech Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.

Record Date

Wed, May 14, 2025

Entitlement Ratio

3 : 5

Open Date

Wed, May 21, 2025

Close Date

Wed, Jun 4, 2025

Rights Issue Details

Rights Issue Timetable

Dollex Agrotech Limited Financial Information (Restated Consolidated)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets255.47270.52168.12113.88
Revenue118.79135.66110.5579.63
Profit After Tax7.807.026.103.27
Net Worth65.6457.8449.9926.50
Reserves and Surplus40.6732.8725.026.50
Total Borrowing0.000.000.000.00
Amount in ₹ Crore

About Dollex Agrotech Limited

Incorporated in 2013, Dollex Agrotech Limited is an indigenous sugar manufacturing and trading company.

The company produces Jaggery, an unrefined sugar product, and Khandsari sugar, which is physically extracted from liquid jaggery. It also produces and sells sugar by-products such as molasses, pressmud, and bagasse. The bagasse is used to generate power.

Dollex Agrotech's plant is located in Datia, Madhya Pradesh, with a crushing capacity of 2500 TCD. The company had received in-principle approval from the Department of Food & Public Distribution from the Government of India for establishing distilleries of 200 KLPD capacity.

The company has over 400 employees.

Objects of the Issue:

The Company intends to utilize the proceeds of the Issue towards the following objects:
 
  1. Working Capital for Ethanol Project
  2. Requirements for the installation of Ethanol Project
  3. For general corporate purposes.

Rights Issue Review

[Dilip Davda] DAL is engaged in the manufacturing and trading of sugar and related products. It posted growth in its top and bottom lines for the reported periods. The sudden boost in its bottom lines from FY23 onwards raises eyebrows. Ever changing Ethanol policy by the Government may impact its future. The company is operating in a highly competitive and fragmented segment, this may impact their future earnings. Well-informed/cash surplus investors may park moderate funds for long term. Read detail review...

Company Contact Information

Dollex Agrotech Limited
205, Naroli Arcade 19/1,
Manorama Ganj,
alasia Square Indore,-452001
Indore, Madhya Pradesh, 452001

Rights Issue Registrar

Skyline Financial Services Pvt.Ltd.

Rights Issue FAQs

The Dollex Agrotech Rights Issue 2025 opens on Wed, May 21, 2025, and closes on Wed, Jun 4, 2025.

Dollex Agrotech Rights Issue 2025 Schedule

Last Date for credit of Rights EntitlementsFri, Jun 6, 2025
Last Date for renunciation of Rights EntitlementsFri, May 30, 2025
Issue Opening DateWed, May 21, 2025
Issue Closing DateWed, Jun 4, 2025
Date of Allotment (on or about)Thu, Jun 5, 2025
Date of Credit (on or about)Fri, Jun 6, 2025
Date of Listing (on or about)Fri, Jun 6, 2025
Dollex Agrotech Rights Issue 2025 price is set at ₹33 per share.
The eligible shareholders are being offered 3 Rights Equity Share(s) for every 5 fully paid-up Equity Shares held on Record Date (Wed, May 14, 2025).
The record date for the Dollex Agrotech Rights Issue 2025 is Wed, May 14, 2025.
The issue size of Dollex Agrotech Rights Issue 2025 is of 1,49,80,800 equity shares at ₹33 per share aggregating up to ₹49.44 Crores.
The Letter of Offer for Dollex Agrotech Rights Issue 2025 can be downloaded here.

You can apply for Dollex Agrotech Rights Issue 2025 in two ways:

  1. Net Banking (ASBA)
  2. Registrar's Website (R-WAP Facility)

Steps to apply for Dollex Agrotech Rights Issue 2025 using Net Banking (ASBA)

  1. Log in to the net banking account of your bank.
  2. Go to the 'IPO & Rights Issue' section.
  3. Check if the Dollex Agrotech Rights Issue 2025 is available on the list.
  4. Click the Apply button next to the Dollex Agrotech Rights Issue 2025.
  5. Fill and check your information.
  6. Submit the application.

Steps to apply for Dollex Agrotech Rights Issue 2025 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Dollex Agrotech Rights Issue 2025 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

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