| IPO Listing At | BSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹4.08 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹4.08 Cr |
| Fresh Issue | ₹3.88 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน20.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 542935 |
| Registrar | Cameo Corporate Services Ltd. |
| Lead Managers | Finshore Management Services Ltd. |
| Allotment Status |
| DRHP |
| RHP |
| Final Prospectus |
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Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 6,000 shares and in multiples thereof
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 Strengths
1. Long-standing client base
2. Existing supplier relationship
3. Focus on a quality product
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Funding the working capital requirements of the Company | 3.48 |
| 2 | Issue related expenses | 0.35 |
| 3 | General corporate purposes | 0.25 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| P/E (x) | 80 | |
| Promoter Holding | 72.71% | 47.99% |
| Market Cap | โน12.00 Cr. | |
| # | Issue Expenses | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Lead Manager Fees including Underwriting Commission, Brokerage, Selling Commission and upload Fees, Registrar to the Issue, Legal Advisors etc. and other out of Pocket Expenses | 0.26 |
| 2 | Advertising and Marketing Expenses | 0.02 |
| 3 | Regulators Including Stock Exchanges | 0.05 |
| 4 | Printing and distribution of Issue Stationary | 0.02 |
Last Updated on 07-May-2025 19:21:07