Dindigul Farm Products Limited Announces IPO for Dairy Ingredient Expansion

Dindigul Farm Products Limited has announced plans to launch an IPO, issuing 64,50,000 fresh equity shares. The funds raised will be used for capital expenditure, working capital, and general corporate purposes. The facility, located in Dindigul, Tamil Nadu, specializes in various dairy ingredients.

Dindigul Farm Products Limited, primarily focused on the processing of various dairy ingredients, has filed a Draft Red Herring Prospectus with BSE SME for an initial public offering (IPO). The company aims to issue 64,50,000 fresh equity shares.

The raised funds will be directed towards funding capital expenditures, meeting working capital requirements, and fulfilling general corporate purposes. The company's processing facility is located in Dindigul, Tamil Nadu, and spans 15 acres.

The Book Running Lead Manager for the IPO is Beeline Capital Advisors Private Limited, and the Registrar to the Issue is Link Intime India Private Limited.

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