Free Trading + Demat Account

Prabhat Dairy Limited IPO (Prabhat Dairy IPO) Detail

Aug 28, 2015 - Sep 4, 2015

Prabhat Dairy Limited is an integrated milk and dairy products company in India catering to institutional as well as retail customers. Prabhat Dairy produce fresh, dry, frozen, cultured and fermented dairy products, including pasteurized milk, flavoured milk, sweetened condensed milk, ultra-pasteurised or ultra-high temperature (UHT) milk, yoghurt, dairy whitener, clarified butter (ghee), milk powder, ingredients for baby foods, lassi and chaas.

Highlights:
1. As of March 15, 2015, Prabhat Dairy had an aggregate milk processing capacity of 1.5 million litres per day.

2. Integrated business model enables the company to leverage the dairy industry value chain, ensure efficiency in costs and operating margins and exercise more control over the production process resulting in quality products.

3. Sales of institutional products represented majority of its revenue.

4. Prabhat Dairy procure a majority of its raw milk requirements directly from milk farmers and registered milk vendors in the State of Maharashtra.

5. Company has established large, automated production facilities with advanced equipment at Shrirampur (Ahmednagar) and at Navi Mumbai.

Products:
1. Institutional Products:
Prabhat Dairy produce a range of milk and dairy products including milk-based specialty ingredient products and co-manufactured products for a large number of Indian and multinational companies.

The specialty ingredient products include nutrition supplements and formulations for baby food, sweetened condensed milk, partially skimmed milk, skimmed milk powder, skimmed milk preparations, full cream milk powder and specialty milk powder

The co-manufactured products include UHT milk, specialty milk powders, curd (dahi), clarified butter (ghee), flavoured milk, dairy whiteners, yogurts, processed and concentrated milk, and ice creams

2. Retail Consumer Products:
Prabhat Dairy's retail consumer products include pasteurized milk, UHT milk, flavoured milk, sweetened condensed milk, dairy whitener, milk powder, lassi, curd (dahi), chaas and clarified butter (ghee) sold under the Prabhat, Flava and Milk Magic brands.

Company Promoters:

The promoters of the company are:

1. Nirmal Family Trust,
2. Sarangdhar Ramchandra Nirmal, and
3. Vivek Sarangdhar Nirmal

Company Financials:

ParticularsFor the year/period ended (in Rs. Million)
31 Mar 1531 Mar 1431 Mar 1331 Mar 12
Total Income10,017.388,576.586,419.394,838.21
Profit After Tax (PAT)210.45207.79140.6695.13

Objects of the Issue:

The Net Proceeds from the Fresh Issue will be utilised towards the following objects:

1. Part pre-payment of loans availed by the company and its wholly owned subsidiary, SAIPL;
2. To meet capital expenditure; and
3. General corporate purposes.

Prabhat Dairy IPO Details

Issue OpenAug 28, 2015 - Sep 4, 2015
Issue TypeBook Built Issue IPO
Issue Size[.] Eq Shares of Rs 10
(aggregating up to Rs 356.19 Cr)
Face ValueRs 10 Per Equity Share
Issue PriceRs 115 - Rs 126 Per Equity Share
Retail DiscountRs 5
Market Lot102 Shares
Min Order Quantity102 Shares
Listing AtBSE, NSE

IPO Notices

External Link

Prabhat Dairy IPO Date and Price Revised

BRLM to the Prabhat Dairy Limited issue, has informed the Exchange that the issue closure date has been extended upto 04 September,2015. Post issue modification date has been revised to 05 September,2015.Price band has been revised from 140/- to Rs. 147/- To Rs. 115/- to Rs. 126/- per share

Prabhat Dairy IPO Subscription Status (Bidding Detail)

Prabhat Dairy IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

QIB

NII

RII

Total

Shares Offered

18,206,173

5,461,853

12,744,322

36,412,348

Sep 4, 2015 17:00

0.88x

1.42x

0.34x

0.77x

Prabhat Dairy IPO Prospectus

Prabhat Dairy IPO Rating

373
3.9
Rating:Rated 3.9 stars

Vote Here ...

Prabhat Dairy IPO Listing Date

Listing DateMonday, September 21, 2015
BSE Script Code539351
NSE SymbolPRABHAT
Listing InB
ISININE302M01033
Issue PriceRs 115 Per Equity Share
Face ValueRs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume
BSE
Rs 115.00
Rs 115.00
Rs 112.40
Rs 120.00
Rs 116.35
2,225,951
NSE
Rs 115.00
Rs 113.00
Rs 112.00
Rs 119.95
Rs 115.95
6,553,152

Prabhat Dairy IPO Reviews / Ratings

Hem Securities - Avoid
Dilip Davda - Subscribe

Company Contact Information

Prabhat Dairy Limited
121/2A At Post Ranjankholrahata,
Shrirampur, Ahmednagar 413 720


Phone: +9124 2264 5500
Email: priya.nagmoti@prabhatfresh.com
Website: http://www.prabhatfresh.com

Prabhat Dairy IPO Registrar

Karvy Computershare Private Limited
   Karvy Registry House, 8-2-596, St. No. 1,
   Banjara Hills, Hyderabad - 500 034
   Andhra Pradesh, India

Phone: +91-40-23312454
Email: prabhat.ipo@karvy.com
Website: https://karisma.karvy.com/

Guaranteed Save 60% to 90% Brokerage

You could reduce the brokerage cost significantly by moving to another stock broker. Our expert team compared top share brokers in India to help traders. STOP paying Demat AMC, Brokerage in %, PCM Fee and High Stamp Duty today.

We can help you choosing the right broker. Contact us today...

Prabhat Dairy IPO Review / Comments

avatar
205. SURESH SUBRAMANIAN  Oct 21, 2015 20:59 I Like It. | Report Abuse
APPLIED 2 LOTS . SOLD AT Rs.132 today
avatar
204. Septa  Oct 12, 2015 20:01 I Like It. | Report Abuse
IPO Guru IPO Guru (3900+ Posts, 4400+ Likes)
Prabhat Dairy Ltd has informed BSE that the Income Tax Department has pursuant to the provisions of section 132(1) and section 133A of the Income Tax Act, 1961 conducted a search at the offices of the Company at Shrirampur, Pune and Navi Mumbai and also at the offices of the subsidiaries of the Company and the residence of Executive Directors residing at Shrirampur on October 09, 2015 which concluded in the early morning hours on October 12, 2015.
avatar
203. IPO GRUP  Oct 6, 2015 10:14 I Like It. | Report Abuse
SAB ISSUE SRADHHA KE BADHA HI AHEGA
avatar
202. Rajasthan  Oct 6, 2015 08:40 I Like It. | Report Abuse
Reliance mutual fund bought huge quantity in yesterday''s trade....better days are ahead
avatar
201. Rajasthan  Oct 5, 2015 21:45 I Like It. | Report Abuse
Today sold part of holding @ 122,thi so called weak fundamental and overpriced issue is giving more profit than other fundamentally strong issues..all analyasts who were predicting price of 60_70 for prabhat dairy have got good reply from market
avatar
201.1. NeoTrade  Oct 6, 2015 10:40 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts)
Congratulations...I am still holding on!!! :)
avatar
200. Equitymaster  Sep 21, 2015 13:06 I Like It. | Report Abuse
Kaha Gaye sab expert negative bolne wale. Dekho fundamentally strong company.
avatar
200.2. IPOANALYSIS  Sep 25, 2015 13:17 I Like It. | Report Abuse
BADI FUNDAMENTALLY STRONG COMPANY HAI YEH. HAHAHA ITS DOWNWARD JOUNEY HAS STARTED WILL BE AVALIABLE AT HALF THE ISSUE PRICE AFTER FEW MONTHS. ALREADY FORMED BEARISH PATTERN
avatar
200.3. NeoTrade  Oct 6, 2015 10:41 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts)
Septaji / IPOANALYSIS...trust you would take us new boarders more seriously next time :)
avatar
199. atul  Sep 21, 2015 12:38 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts)
Now it is very clear as for as ipos are concerns.do not take any advice from any respected members.all the advices flowted by trusted by members were wrong .neo trade was right
avatar
198. PLC  Sep 21, 2015 12:20 I Like It. | Report Abuse
i have 1 lot. what should i do? sell it or hold it? if sell than 127 is ok?
avatar
198.2. jagadish abbigeri  Sep 24, 2015 12:45 I Like It. | Report Abuse
Neo, plz tel me ur view on Indigo IPO, how many lots one can apply
avatar
198.3. NeoTrade  Oct 1, 2015 18:23 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts)
I would apply in Indigo IPO for the listing pop...long term I am not bullish on aviation as its a sector with massive political headwinds or tailwinds depending on ruling govt and promoters...at best one could hold it for the medium term and then take a call for the long term, if at all!
avatar
197. Dev dio  Sep 21, 2015 10:20 I Like It. | Report Abuse
PRABHAT NEW TGT 132?
avatar
197.1. IPO GRUP  Sep 25, 2015 14:02 I Like It. | Report Abuse
TARGET @ 032
avatar
196. SachinAgarwal  Sep 20, 2015 22:30 I Like It. | Report Abuse
Listing at 108
Go to 112
avatar
195. star ipo  Sep 20, 2015 16:33 I Like It. | Report Abuse
Bad listings on card, selling fridge might seen seems,
avatar
194. Rashesh shah  Sep 20, 2015 12:52 I Like It. | Report Abuse
I think investor will get price Rs 120
avatar
193. mah agarwal  Sep 19, 2015 21:49 I Like It. | Report Abuse
stock will shoot upto 150 levels...high expectations from this company....it is sad the market was bad when the ipo was launched
avatar
192. Viraj  Sep 19, 2015 12:47 I Like It. | Report Abuse
IPO Mentor IPO Mentor (600+ Posts, 600+ Likes)
It may be list about 120-125
avatar
191. IPOANALYSIS  Sep 18, 2015 00:16 I Like It. | Report Abuse
HUGE SELLING . NO BUYERS WOULD BUY THIS JUNK.

STOCK TO LIST AT 100 RS. WILL DRIFT TO 65 RS IN 3-6 MONTHS.
avatar
190. brijeshsagar  Sep 17, 2015 22:00 I Like It. | Report Abuse
Listing will touch 120
avatar
189. dpcdsl  Sep 17, 2015 15:18 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
BSE Notice:
Trading Members of the Exchange are hereby informed that effective from Monday, September 21, 2015, the equity shares of Prabhat Dairy Limited shall be listed and admitted to dealings on the Exchange in the list of ‘B’ Group of Securities.
Scrip code 539351.

avatar
188. NEMICHAND BOTHRA  Sep 17, 2015 10:37 I Like It. | Report Abuse
Prabhat dairy listing 21sep Monday final
avatar
187. SachinAgarwal  Sep 16, 2015 16:40 I Like It. | Report Abuse
18 sep
avatar
186. Ved Patel  Sep 16, 2015 12:43 I Like It. | Report Abuse
Any confirmed date of listing for Prabhat Dairy?



Message Board

Stock Message Board



Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App