Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE | Wed, Apr 28, 2010 - Fri, Apr 30, 2010
Tara Health Foods IPO is a book build issue .
Tara Health Foods IPO bidding started from Apr 28, 2010 and ended on Apr 30, 2010.
Tara Health Foods IPO is set final issue price at ₹0 per share. The lot size for an application is 30 shares. The minimum amount of investment required by an individual investor (retail) is ₹5,550 (30 shares) (based on upper price). The lot size investment for sNII is 37 lots (1,110 shares), amounting to ₹2,05,350, and for bNII, it is 181 lots (5,430 shares), amounting to ₹10,04,550.
Atherstone Capital Markets Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.
Refer to Tara Health Foods IPO RHP for detailed Information.
IPO Open
Wed, Apr 28, 2010
IPO Close
Fri, Apr 30, 2010
Price Band
₹175 to ₹185
Market Cap (Pre-IPO)
₹0.00 Cr
| IPO Date | 28 to 30 Apr, 2010 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹175 to ₹185 |
| Lot Size | 30 Shares |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 2,00,44,000 shares |
| Share Holding Post Issue | 3,00,44,000 shares |
Tara Health Foods IPO comprises a total issue size of 85,00,000 shares. Out of which, 35,00,000 are allocated to QIB, 15,00,000 (17.65%) allocated to NII 35,00,000 (41.18%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue | Max Allottees |
|---|---|---|---|
| QIB Shares Offered | 35,00,000 | NA | |
| − QIB (Ex. Anchor) Shares Offered | 35,00,000 | NA | |
| NII (HNI) Shares Offered | 15,00,000 | 17.65% | NA |
| Retail Shares Offered | 35,00,000 | 41.18% | 1,16,666 |
| Total Shares Offered | 85,00,000 | 100.00% |
Investors can bid for a minimum of 30 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 30 | ₹5,550 |
| Retail (Max) | 36 | 1,080 | ₹1,99,800 |
| S-HNI (Min) | 37 | 1,110 | ₹2,05,350 |
| S-HNI (Max) | 180 | 5,400 | ₹9,99,000 |
| B-HNI (Min) | 181 | 5,430 | ₹10,04,550 |
Incorporated in 1977, Tara Health Foods Limited (THFL) is in the business of manufacturing of oil and cattle/poultry feed. Company is now also in the nutritive healthy edible oil segment producing and selling Rice Bran Oil, blend of Rice Bran Oil and Refined Olive Oil. Company not only produce these products but also market them in the northern part of the country as on date through different points of sale set up in the state(s) of Punjab, Delhi, Haryana and Jammu & Kashmir.
Company have two business segments
1. Animal Nutrition - It includes cattle feed, feed supplements and mineral mixtures.
2. Edible Oils - A range of health focussed edible oils such as Olive oil, Rice Bran Oil and their blend(patent under process).
| Company | Issue Type | Issue Size | Listing Day Close | Listing Gain/Loss % |
|---|---|---|---|---|
| Raj Oil Mills Ltd. | Mainboard | ₹114.00 Cr | ₹119.25 | -0.62% |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up a new Edible Oil Refining Plant at existing location at Village Jitwal Kalan, Malerkotla, Punjab | 125.32 |
| 2 | Expansion of Cattle Feed Plant at existing location at Village Jitwal Kalan, Malerkotla, Punjab | 4.52 |
| 3 | Augmenting long term working capital requirement of the Company | 38.96 |
| 4 | General Corporate Purposes | |
| 5 | Achieve the benefits of listing on the Stock Exchanges |
| KPI | |
|---|---|
| RoNW | 31.66% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% | 66.72% |
| Market Cap | ₹0.00 Cr. |
The Tara Health Foods IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | - | - | - | |
Fitch has assigned an IPO Grade 2 to Tara Health Foods Ltd IPO. This means as per Fitch company has 'Below Average Fundamentals'. Fitch assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Click here to download the Fitch IPO Grading Document for Tara Health Foods Ltd.
Lead Manager Reports
Tara Health Foods IPO is a main-board IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at ₹175 to ₹185. The minimum order quantity is 30.
The IPO opens on Wed, Apr 28, 2010, and closes on Fri, Apr 30, 2010.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Tara Health Foods IPO using UPI as a payment gateway. Zerodha customers can apply in Tara Health Foods IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Tara Health Foods IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Tara Health Foods IPO opens on Wed, Apr 28, 2010 and closes on Fri, Apr 30, 2010.
Tara Health Foods IPO lot size is 30, and the minimum amount required for application is ₹5,550.
You can apply in Tara Health Foods IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Tara Health Foods IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Tara Health Foods IPO allotment status.
The Tara Health Foods IPO listing date is not yet announced. The tentative date of listing is .
