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ICL Organic Dairy Products Ltd IPO (ICL Dairy IPO) Detail

Jan 31, 2020 - Feb 7, 2020

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

Company Promoters:

Mr. Roop Kishore Gola and Mr. Avadhesh Kumar Gola are the promoters of the company.

Company Financials:

Summary of financial Information (Restated)
Particulars For the year/period ended (₹ in Lakhs)
30-July-19 31-Mar-19 31-Mar-18 31-Mar-17
Total Assets 455.42 316.60 327.82 226.00
Total Revenue 223.13 1,572.65 1,207.30 252.68
Profit After Tax 4.83 27.62 34.93 5.03

Objects of the Issue:

The company proposes to utilize the funds for the following objects:

1. To meet the working capital requirements of the company
2. To meet the Issue Expenses
3. General Corporate Purposes

ICL Dairy IPO Details

Issue OpenJan 31, 2020 - Feb 7, 2020
Issue TypeFixed Price Issue IPO
Issue Size2,040,000 Eq Shares of ₹10
(aggregating up to ₹4.08 Cr)
Face Value₹10 Per Equity Share
Issue Price₹20 Per Equity Share
Market Lot6000 Shares
Min Order Quantity6000 Shares
Listing AtBSE SME
P/E (x)80
Market Cap (₹ Cr.)12

ICL Dairy IPO Tentative Date / Timetable

Bid/Offer Opens OnJan 31, 2020
Bid/Offer Closes OnFeb 7, 2020
Finalisation of Basis of AllotmentFeb 11, 2020
Initiation of RefundsFeb 12, 2020
Credit of Shares to Demat AcctFeb 13, 2020
IPO Shares Listing DateFeb 14, 2020

ICL Dairy IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum16000₹120,000
Maximum16000₹120,000

ICL Dairy IPO Promoter Holding

Pre Issue Share Holding72.71%
Post Issue Share Holding47.99%

IPO Notices

External Link

ICL Dairy IPO Extended

LM has decided for extention of ICL IPO till 7 Feb, 2020

ICL Dairy IPO Subscription Status (Bidding Detail)

ICL Dairy IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

NII

RII

Total

Shares Offered

969,000

969,000

1,938,000

Feb 7, 2020 18:44

3.56x

2.59x

3.08x

ICL Dairy IPO Prospectus

ICL Dairy IPO Rating

45
3.0
Rating:Rated 3.0 stars

Vote Here ...

ICL Dairy IPO Listing Date

Listing DateMonday, February 17, 2020
BSE Script Code542935
NSE Symbol
Listing InMT
ISININE0AU701018
Issue Price₹20 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume
BSE SME
₹20.00
₹20.80
₹19.80
₹21.80
₹21.80
1,380,000

ICL Dairy IPO Reviews / Ratings

Company Contact Information

ICL Organic Dairy Products Ltd
A-105, 3rd Floor, Sector-63,
Gautam Buddha Nagar, Noida,
Uttar Pradesh - 201301, India

Phone: 0120-4319744
Email: cs@icldairy.com
Website: http://www.icldairy.com/

ICL Dairy IPO Registrar

Cameo Corporate Services Limited
   Cameo Corporate Services Ltd.,
   Subramanian Building # 1, Club House Road,
   Chennai 600 002 - India

Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://online.cameoindia.com/

ICL Dairy IPO FAQs

  1. 1. What is ICL Dairy IPO?

    ICL Dairy IPO is a SME IPO of 2,040,000 equity shares of the face value of ₹10 aggregating up to ₹4.08 Crores.

    The issue price of the IPO is ₹20 Per Equity Share. The minimum order quantity is 6000 Shares per application and the offer type is Fixed Price Issue.

    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.

  2. 2. When ICL Dairy IPO will open?

    The ICL Dairy IPO opens on Jan 31, 2020 and closes on Feb 7, 2020.

  3. 3. How to apply for ICL Dairy IPO?

    ICL Dairy IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When ICL Dairy IPO allotment?

    The finalization of Basis of Allotment for ICL Dairy IPO will be done on Feb 11, 2020, and the allotted shares will be credited to your demat account by Feb 13, 2020. Check the ICL Dairy IPO allotment status.

  5. 5. When is ICL Dairy IPO listing date?

    The ICL Dairy IPO listing date is on Monday, February 17, 2020, at BSE SME.
  6. 6. What is the lot size of ICL Dairy IPO?

    ICL Dairy IPO lot size is 6000 Shares and the minimum order quantity is 6000 Shares.

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ICL Dairy IPO Review / Comments

Ravi Shankar Prasad
32. Ravi Shankar Prasad  Feb 17, 2020 17:24 I Like It. | I Don't Like It. 3 | Report Abuse Reply
New Member New Member
Do not sell anyone, as p/e ratio is above 80 so price will go near to RS 30 in few days
Small Investor
32.1. Small Investor  Feb 17, 2020 18:09 I Like It. 2 | I Don't Like It. | Report Abuse
IPO Guru IPO Guru (1300+ Posts, 600+ Likes)
PE ratio jitna high hoga wo stock utha hi costly hi hota h isliy jitna profit mil rha h utna book or lena
traderji
32.2. traderji  Feb 19, 2020 16:52 I Like It. 1 | I Don't Like It. 1 | Report Abuse
P/E nahi EPS jyada hona chahiye make your study........
P/E jitna kam ho utna better
EPS jitna jyada ho utna better
RAJAKUMAR
31. RAJAKUMAR  Feb 18, 2020 10:23 I Like It. 1 | I Don't Like It. | Report Abuse Reply
IPO Guru IPO Guru (1300+ Posts, 900+ Likes)
Dear Small
HP bought 10lakh shares yesterday.
Small Investor
31.1. Small Investor  Feb 18, 2020 11:12 I Like It. 2 | I Don't Like It. | Report Abuse
IPO Guru IPO Guru (1300+ Posts, 600+ Likes)
NII Sold shares 738000+ though Bulk Deals and HP Stake witj Almost 10lk+
total shares allotted to NIIs 950000+ and exit NII shares 738000+ its Means This Counter may be ready for Operators driving
Darsh ipo
30. Darsh ipo  Feb 18, 2020 00:14 I Like It. 2 | I Don't Like It. | Report Abuse Reply
Target 26 within this week...
Arunblr
29. Arunblr  Feb 17, 2020 18:38 I Like It. 1 | I Don't Like It. | Report Abuse Reply
Sold alloted 1 lot @20.70. संतोष परमं सुखम ।
Shahid
28. Shahid  Feb 17, 2020 14:40 I Like It. | I Don't Like It. | Report Abuse Reply
New Member New Member
IPO
RAJAKUMAR
27. RAJAKUMAR  Feb 17, 2020 10:47 I Like It. 3 | I Don't Like It. | Report Abuse Reply
IPO Guru IPO Guru (1300+ Posts, 900+ Likes)
Dear Small
Three lot allotted
Two lot sold at 20.8
One lot placed at 21,8
Small Investor
27.1. Small Investor  Feb 17, 2020 11:07 I Like It. 3 | I Don't Like It. | Report Abuse
IPO Guru IPO Guru (1300+ Posts, 600+ Likes)
ALMOST 50% SHARES TRADE OF IPO SIZE
Dinesh Singh
26. Dinesh Singh  Feb 17, 2020 10:22 I Like It. | I Don't Like It. | Report Abuse Reply
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Sell sell otherwise will behave like Chandra way.
Small Investor
26.1. Small Investor  Feb 17, 2020 10:25 I Like It. | I Don't Like It. | Report Abuse
IPO Guru IPO Guru (1300+ Posts, 600+ Likes)
i exit @ 20.80
BLR
25. BLR  Feb 17, 2020 10:17 I Like It. | I Don't Like It. | Report Abuse Reply
Sold 2 lot at 20.80 . Loss recovered from MCL.
Small Investor
24. Small Investor  Feb 17, 2020 09:32 I Like It. | I Don't Like It. | Report Abuse Reply
IPO Guru IPO Guru (1300+ Posts, 600+ Likes)
must Discover Price @ 21
Small Investor
24.1. Small Investor  Feb 17, 2020 09:50 I Like It. | I Don't Like It. | Report Abuse
IPO Guru IPO Guru (1300+ Posts, 600+ Likes)
I HOLD YET
VinayIPO
24.2. VinayIPO  Feb 17, 2020 09:55 I Like It. | I Don't Like It. | Report Abuse
New Member New Member
Dear small, any good price suggestion to sell.
Johny
23. Johny  Feb 17, 2020 08:36 I Like It. 2 | I Don't Like It. | Report Abuse Reply
Top Contributor Top Contributor (300+ Posts, 400+ Likes)
All the best for a good listing!
Phoneix Bird
22. Phoneix Bird  Feb 16, 2020 18:27 I Like It. | I Don't Like It. | Report Abuse Reply
New Member New Member
How the shares are allotted. I applied and got rejected. Can someone please clarify.
Small Investor
21. Small Investor  Feb 14, 2020 11:19 I Like It. 1 | I Don't Like It. | Report Abuse Reply
IPO Guru IPO Guru (1300+ Posts, 600+ Likes)
Arunblr
20. Arunblr  Feb 13, 2020 12:46 I Like It. | I Don't Like It. | Report Abuse Reply
Listing date please
Splendid
20.2. Splendid  Feb 13, 2020 16:00 I Like It. 1 | I Don't Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts)
@small

It will on 17th Feb Monday, Not tomorrow
Small Investor
20.3. Small Investor  Feb 13, 2020 17:12 I Like It. 1 | I Don't Like It. | Report Abuse
IPO Guru IPO Guru (1300+ Posts, 600+ Likes)
Yes
Tii time No any Notice upload on BSE SME Site regarding listing ,so listing may be on 17th
DownriteVJ
19. DownriteVJ  Feb 13, 2020 16:36 I Like It. 1 | I Don't Like It. | Report Abuse Reply
IPO Guru IPO Guru (1100+ Posts, 1100+ Likes)
0
:(
Splendid
18. Splendid  Feb 12, 2020 19:27 I Like It. 1 | I Don't Like It. | Report Abuse Reply
Top Contributor Top Contributor (200+ Posts)
small , Dinesh , Raja allotment out
RAJAKUMAR
18.3. RAJAKUMAR  Feb 13, 2020 12:55 I Like It. 1 | I Don't Like It. | Report Abuse
IPO Guru IPO Guru (1300+ Posts, 900+ Likes)
3/5
Small Investor
18.4. Small Investor  Feb 13, 2020 15:28 I Like It. | I Don't Like It. | Report Abuse
IPO Guru IPO Guru (1300+ Posts, 600+ Likes)
If Operators Come then
ICL Organic become White Organic retails
BLR
17. BLR  Feb 13, 2020 08:54 I Like It. | I Don't Like It. | Report Abuse Reply
Got 2/2
Arunblr
16. Arunblr  Feb 12, 2020 20:02 I Like It. | I Don't Like It. | Report Abuse Reply
Bad luck 0/3
Dinesh Singh
15. Dinesh Singh  Feb 12, 2020 10:57 I Like It. 1 | I Don't Like It. | Report Abuse Reply
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Allotment will be today.
Dinesh Singh
14. Dinesh Singh  Feb 10, 2020 13:46 I Like It. | I Don't Like It. | Report Abuse Reply
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Admin,
Please change the tentative timetable of this IPO.
It is still showing the listing date on 12th Feb.
Praful JJ
13. Praful JJ  Feb 10, 2020 08:59 I Like It. | I Don't Like It. | Report Abuse Reply
Hi All CPSE ETF ka kya karu plz guide still i m holding (eagle eye plz view)



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