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Open
31 Jan to 7 Feb, 2020
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Close
31 Jan to 7 Feb, 2020
3
Allotment
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Listing
Mon, Feb 17, 2020
Price Band
₹20 per share
Issue Size
20,40,000 shares (agg. up to ₹4 Cr)
Lot Size
6,000 Shares
Listing Date
Mon, Feb 17, 2020
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.44x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Jul 2019 | 31 Mar 2019 | 31 Mar 2018 | 31 Mar 2017 |
|---|---|---|---|---|
| Assets | 4.55 | 3.17 | 3.28 | 2.26 |
| Total Income | 2.23 | 15.73 | 12.07 | 2.53 |
| Profit After Tax | 0.05 | 0.28 | 0.35 | 0.05 |
| EBITDA | 0.07 | 0.39 | 0.48 | 0.07 |
| NET Worth | 3.00 | 2.95 | 0.45 | 0.10 |
| Reserves and Surplus | 1.31 | 1.83 | 0.44 | 0.09 |
| Total Borrowing | 1.40 | 2.58 | 2.11 | |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the working capital requirements of the Company | 3.48 |
| 2 | Issue related expenses | 0.35 |
| 3 | General corporate purposes | 0.25 |
About ICL Organic Dairy Products IPO
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+ Read More
Contact Details
ICL Organic Dairy Products Ltd. AddressA-105, 3rd FloorSector-63Gautam Buddha NagarNoida, Uttar Pradesh, 2013010120-4319744cs@icldairy.comVisit Website