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Open
7 Feb 2018
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Close
12 Feb 2018
3
Allotment
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Listing
Wed, Feb 21, 2018
Price Band
₹45 per share
Issue Size
54,30,000 shares (agg. up to ₹24 Cr)
Lot Size
3,000 Shares
Listing Date
Wed, Feb 21, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 96.79x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 109.82 | 92.10 | 83.37 | 73.74 |
| Total Income | 137.40 | 239.00 | 334.88 | 307.95 |
| Profit After Tax | 2.43 | 4.52 | 4.62 | 4.48 |
| EBITDA | 7.04 | 13.30 | 13.24 | 11.78 |
| NET Worth | 36.75 | 34.34 | 29.82 | 25.28 |
| Reserves and Surplus | 21.75 | 25.32 | 20.80 | 16.19 |
| Total Borrowing | 44.22 | 45.51 | 41.62 | 35.89 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Sheetal Cool Products Ltd. | SME | ₹24.00 Cr | ₹80 | null | ₹86.60 | +8.25% | ₹470.70 (-2.38%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet Working Capital requirements | 27.50 |
| 2 | To meet General Corporate Purposes | 0.50 |
About Tasty Dairy Specialities IPO
Incorporated in 1992, Tasty Dairy Specialities Ltd is engaged in processing milk, along with bulk milk procurement and handling during season time which primarily caters to bulk and marquee institutional customers. Company is further involved in value added milk products like Skimmed Milk Powder, Butter, Ghee, Dairy Whitener, Concentrated Milk etc.They have wide range of quality dairy products which includes Pasteurized Liquid Milk, Cream, Butter (White/Salted), Pure Desi Ghee (Clarified Butter), Paneer (Fresh Cottage Cheese), Skimmed Milk Powder, Full Cream Milk Powder, Dairy Whitener, Instant Gulab Jamun Mix, Peda (an Indian Sweet), Mithai Powder etc. Thhey are packaged under the brand names “UJJWAL”, “SHIKHAR”, “VERIFRESH”, "CIMA", "MITHAI MASTER" and are available in Uttar Pradesh, Madhya Pradesh and Bihar,Currently they process approximately 5,00,000 litres of raw milk which comprises of 1,60,000 litres of milk packaging, 20,000 litres of buttermilk packaging, 2,20,000 Litres of Skimmed Milk Powder and Ghee and 2,00,000 litres of bulk milk processing. Company's customer base includes Delhi Milk scheme (a Central Government of India Organisation), Mother Dairy (wholly owned sub
Contact Details
Tasty Dairy Specialities Ltd. AddressD-3, UPSIDC Industrial AreaJainpurKanpur, Uttar Pradesh, 209311+ 91 512 7107777info@tastydairy.comVisit Website