Issue Price
₹20
Per Share
GMP
NIL
Grey Market
Est. Listing
₹20
Expected Price
Min. Application
₹240,000
2 lots × 6000 shares
Incorporated in 2013, ICL Organic Dairy Products Ltd is engaged in all sorts of dairy business such as dairy farming, breeding of mammals, and animal husbandry. The company takes the animals either under an agreement or rent with any other person on profit sharing basis to deal with all kinds of products such as milk, cream, paneer, ghee and other by-products.The company deals with milk contractors, dairymen, vendors, milers, dealers, and purveyors. The company is mainly active in Bareilly, Badaun, and Pilibhit districts of Uttar Pradesh. The company focuses on good quality milk and has a veterinary supporting staff to train the farmers.The main work of the company is to collect the milk from other dairy farmers and its own facility and distribute it to dairy establishments, sweet shops and various households.Competitive Strengths1. Long-standing client base2. Existing supplier relationship3. Focus on a quality product
ICL Organic Dairy Products Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 102,000 | — | ₹0.20 Cr | — |
| TOTAL | 2,040,000 | 100.00% | ₹4.08 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 6,000 | ₹120,000 |
| Retail (Max) | 13 | 78,000 | ₹1,560,000 |
| sNII (Min) | 14 | 84,000 | ₹1,680,000 |
| bNII (Min) | 68 | 408,000 | ₹8,160,000 |
| Particulars | 30-July-19 | 31-Mar-19 | 31-Mar-18 |
|---|---|---|---|
| Revenue from Operations | 223.13 | 1572.65 | 1207.30 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 4.83 | 27.62 | 34.93 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 455.42 | 316.60 | 327.82 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |