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Open
28 Aug to 4 Sep, 2015
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Close
28 Aug to 4 Sep, 2015
3
Allotment
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Listing
Mon, Sep 21, 2015
Price Band
₹115 to ₹126
Issue Size
3,11,63,346 shares (agg. up to ₹356 Cr)
Lot Size
102 Shares
Listing Date
Mon, Sep 21, 2015
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 0.98x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Part pre-payment of loans availed by our Company and its wholly owned subsidiary, SAIPL | 185.00 |
| 2 | To meet capital expenditure | 35.07 |
| 3 | General corporate purposes | 60.78 |
About Prabhat Dairy IPO
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 Dair
Contact Details
Prabhat Dairy Ltd. Address121/2A At Post RanjankholrahataShrirampur, AhmednagarAhmednagar, Maharashtra, 413720+9124 2264 5500priya.nagmoti@prabhatfresh.comVisit Website