ICL Organic IPO Details
ICL Organic Dairy Products is engaged in dairy farming with the main object to produce and extract milk from cows and distributing the same raw milk extracted from the cow and supplying it to Sweet Shops, Retailers, different establishments and households.
The company is active in district of Bareilly and adjoining district of Badaun, a big milk producer area as well as Pilibhit which is 30 – 40 kms away from operational area and covered approximately 30 villages at present. The company has a team of veterinary supporting staff to educate the farmers on animal healthcare and clean milk production.
Currently, the company is focusing on milk procurement and direct distribution. Milk produced from the facility at Khajuai, Akaha Ghanni Road, Bareilly, Uttar Pradesh – 243001 is distributed to premium customers. Milk distribution is done by taking vehicles on rent.
Promoters of ICL Organic – Mr Roop Kishore Gola and Mr Avadhesh Kumar Gola
| ICL Organic IPO details | |
| Subscription Dates | 31 January – 7 February 2020 (IPO dates extended) |
| Price Band | INR20 per share |
| Fresh issue | 2,040,000 shares (INR4.08 crore) |
| Offer For Sale | Nil |
| Total IPO size | 2,040,000 shares (INR4.08 crore) |
| Minimum bid (lot size) | 6,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME platform |
|
ICL Organic Dairy Products’ financial performance (in INR lakh) |
||||
| Â | FY2017 | FY2018 | FY2019 | Q1 FY2020 |
| Revenue | 252.7 | 1,207.3 | 1,572.7 | 187.6 |
| Expenses | 245.4 | 1,159.6 | 1,533.8 | 181.6 |
| Net income | 5.0 | 34.9 | 27.6 | 4.4 |
| Â | Â | Â | Â | Â |
Registrar of ICL Organic
Cameo Corporate Services Limited
Subramanian Building, 1 Club House Road,
Chennai-600 002
Tamil Nadu, India
Phone: +91 44 2846 0390
Fax: +91 44 2846 0129
Email:Â [email protected]
Website:Â http://www.cameoindia.com
Valuation of ICL Organic IPO (FY2019)
Earnings Per Share (EPS): INR4.15
Price/Earnings (PE ratio): 4.82
Return on Net Worth (RONW): 9.36%
Net Asset Value (NAV): INR26.26 per shareÂ
ICL Organic IPO Subscription Details
| Day |
Subscription (no. of times) |
| Day 1 |
0.35 |
| Day 2 |
1.44 |
| Day 3 |
2.25 |
| Day 4 |
2.25 |
| Day 5 | 2.38 |
| Day 6 | 2.92 |
ICL Organic Contact Details
ICL Organic Dairy Products Limited
A-105, 3rd Floor, Sector-63,
Gautam Buddha Nagar,
Noida, Uttar Pradesh – 201301
Phone: +91 0120 4319744
Email: [email protected] Website:Â www.icldairy.com
ICL Organic IPO Allotment Status
ICL Organic IPO allotment status is now available on Cameo Corporate Services’ website. Click on this link to get allotment status.
Listing Performance of ICL Organic
IPO Opening Date: 31 January 2020
IPO Closing Date: 7 February 2020
Listing Date: 17 February 2020
Opening Price on BSE SME: INR20.8 per share (up 4% from IPO price)
Closing Price on BSE SME: INR21.8 per share (up 9% from IPO price)
Hello, how to apply for these companies IPO? As they are not being shown in my Demat accounts for applying. Through which medium we an individual can apply for these IPOs.