ICL Organic Dairy Products Limited IPO
BSE SMEOffer Date: Jan 31, 2020 - Feb 7, 2020
₹ 120000 /6000 Shares
IPO Details
31 Jan, 2020
Open Date07 Feb, 2020
Close Date13 Feb, 2020
Allotment Date17 Feb, 2020
Listing DateIssue Price
Rs 20/- Per Equity ShareFace Value
Rs 10/- Per Equity ShareListing at Group
BSE SMERegistrar
Cameo Corporate Services LimitedMarket Lot
6000 Shares (Rs 1,20,000/-)Lead Manager
Finshore Management Services LimitedIssue Size
Fresh Issue of 20,40,000 Equity Shares of Rs 10/- at price of Rs 20/- with aggregating up to Rs 4.08 CrRetail Portion
N/ASubscription
59,64,000 3.08 timesIPO Docs
No related IPO documents available.
IPO Subscription 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
Earnings Per Share (EPS)
Rs 0.46/-P/E Ratio
43RoNW
9.36%Net Asset Value ( Post Issue )
Rs 19.38/-Company Financials All values are in ₹ Cr.
- Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Net Worth | |
|---|---|---|---|---|
| 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 |
- Promoter(s)
Company Promoter(s)
- Mr. Roop Kishore Gola
- Mr. Avadhesh Kumar Gola
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 - 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. 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 IPO price band is set between Rs 20/- Per Equity Share .
Ans. To apply for ICL Organic Dairy Products Limited IPO 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 allotment status for ICL Organic Dairy Products Limited IPO here.
