ICL Organic Dairy Products Limited IPO Details

ICL Organic Dairy Products Limited IPO Subscription Period From Jan 31 to Feb 4, 2020:

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ICL Organic Dairy Products Limited launched in 2013. The organization engaged with dairy cultivating, reproducing of warm blooded animals, and creature farming. It presented another IPO through Small and Medium Enterprises. The membership time frame begins on Jan 31 and it will end on Feb 4, 2020.

IPO Details: 

Offer Period: Jan 31 to Feb 4, 2020

Initial public offering Type: Fixed Price Issue

Initial public offering Size: 2,040,000 Eq Shares of Rs 10 (amassing up to Rs 4.08 crore)

Face Value: Rs 10 Per Eq Share

Issue Price: Rs 20 Per Eq Share

Market Lot: 6000 Shares

Min Order Quantity : 6000 Shares

Posting At: BSE SME

It is a Fixed Price Issue type of IPO with the presumptive worth of Rs 10 for every value share. at first, the size of the IPO is 2,040,000 value portions of Rs 10 with amassing up to Rs 4.08 crore. Besides, the market part of the ICL Dairy IPO is 6000 offers. Additionally, the base request amount of the issue is 6000 offers (1 part), and the parcel cost is around Rs 120,000. The offered cost of the Issue is Rs 20 for every eq share in the membership time frame.

Promoter Holdings:

The advertiser or lead administrators of the organization is Roop Kishore Gola, Avadhesh Kumar Gola. 

Pre Issue Share Holding: 72.71%

Post Issue Share Holding: 47.99%

The goal of the organization, it intends to use the raised sum for working capital necessities, IPO costs, and general corporate purposes. The IPO will be recorded on BSE SME.

Registrar:

Cameo Corporate Services Limited

Subramanian Building # 1, Club House Road,

Chennai 600 002 – India

Phone: +91-44-28460390

Email: investor@cameoindia.com

Website: https://online.cameoindia.com/

Disclaimer: This post is just information about the IPO. It does not give any advice or recommendation. Please read the offer document carefully and consult your advisor before investing.