ICL Organic Dairy Products Limited IPO
BSE SME₹ 240000 /12000 Shares
*Min Investment
31 Jan, 2020
Open Date07 Feb, 2020
Close Date13 Feb, 2020
Allotment Date17 Feb, 2020
Listing DateIPO Issue Details
- Issue Price Rs 20/- Per Equity Share
- Face Value Rs 10/- Per Equity Share
- Issue Price Fresh Issue of 20,40,000 Equity Shares of Rs 10/- at price of Rs 20/- with aggregating up to Rs 4.08 Cr
- Listing at BSE SME
- Lead Manager Finshore Management Services Limited
- Registrar Cameo Corporate Services Limited
IPO Details
- Retail Portion N/A
IPO Details
ICL Organic Dairy Products Limited IPO is an SME IPO, priced at Rs 20/- Per Equity Share . The equity shares have a face value of Rs 10/- Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Jan 31, 2020 to Feb 7, 2020. The allotment is expected to be finalized on Feb 13, 2020, and the tentative listing date is Feb 17, 2020.
The registrar of the IPO is Cameo Corporate Services Limited, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 9,72,000 | 9,66,000 | 19,38,000 |
Day 1 - 31-01-20 | 6,12,000 0.63 x | 1,08,000 0.11 x | 7,20,000 0.37 x |
Day 2 - 01-02-20 | 24,96,000 2.57 x | 4,56,000 0.47 x | 29,52,000 1.52 x |
Day 3 - 03-02-20 | 24,96,000 2.57 x | 4,56,000 0.47 x | 29,52,000 1.52 x |
Day 4 - 04-02-20 | 31,62,000 3.25 x | 14,46,000 1.5 x | 46,08,000 2.38 x |
Day 5 - 05-02-20 | 31,62,000 3.25 x | 14,46,000 1.5 x | 46,08,000 2.38 x |
Day 6 - 06-02-20 | 31,86,000 3.28 x | 16,80,000 1.74 x | 48,66,000 2.51 x |
Day 7 - 07-02-20 | 34,50,000 3.55 x | 25,14,000 2.60 x | 59,64,000 3.08 x |
Valuations
IPO - Issue Objectives
To meet the working capital requirements of the company ( Rs 3.48 Cr )
General Corporate Purposes ( Rs 0.25 Cr )
To meet the Issue Expenses ( Rs 0.35 Cr )
IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| ICL Organic Dairy Products Limited | 1.03 | 43 | 9.36% | 15.73 |
| Prabhat Dairy | 1.43 | 136.11 | 1.05% | 238.73 |
| Heritage Foods | 2.17 | 23.18 | 9.36% | 2654.87 |
| Parag Milk Foods | 1.34 | 10.51 | 12.71% | 2405.93 |
| Umang Dairies | 1.75 | 16.33 | 10.75% | 225.77 |
IPO - FAQs
Ans. ICL Organic Dairy Products Limited IPO is a SME IPO. The issue is priced at Rs 20/- Per Equity Share . The minimum order quantity is 6000 Shares. The IPO opens on Jan 31, 2020, and closes on Feb 7, 2020. Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The ICL Organic Dairy Products Limited IPO opens on Jan 31, 2020 and closes on Feb 7, 2020.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of ICL Organic Dairy Products Limited IPO is Fresh Issue of 20,40,000 Equity Shares of Rs 10/- at price of Rs 20/- with aggregating up to Rs 4.08 Cr.
Ans. The ICL Organic Dairy Products Limited IPO price band is set between Rs 20/- Per Equity Share .
Ans. To apply for ICL Organic Dairy Products Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find ICL Organic Dairy Products Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of ICL Organic Dairy Products Limited IPO is Feb 13, 2020.
Ans. The ICL Organic Dairy Products Limited IPO will be listed on Feb 17, 2020.
Ans. Follow the steps to check the ICL Organic Dairy Products Limited IPO allotment status online.
