In the list of latest upcoming ipo & issue price in Indian stock market 2018 Tasty Dairy Specialities Ltd is planning to launch IPO .The tentative size of the Tasty Dairy Specialities IPO is of Rs 24.44 cr.
The issue price of upcoming IPO in Indian market that Tasty Dairy Specialities IPO is Rs 45 per equity share.
The new ipo would be opening on 7 Feb, 2018 and close on 12 February, 2018.
Tasty Dairy Specialities Ltd is engaged in the business of processing milk, bulk milk procurement and handling during season time which primarily caters to bulk and marquee institutional customers.
Tasty Dairy Specialities IPO-latest upcoming ipo & issue price in Indian stock market 2018:
- Tasty Dairy Specialities Ltd was established on 3 July, 1992 as private limited company. But on 25 Nov, 2004 the company was converted into public limited company .It is Kanpur based company. As a result the name of the company was changed to Tasty Dairy Specialities Ltd.
- Tasty Dairy Specialities Ltd is engaged in the business of processing milk, 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.
- Objective of the Tasty Dairy Specialities IPO.
There are three objective of the Tasty Dairy Specialities IPO. They are
- To meet Working Capital Requirements
- General Corporate Purposes
- To meet the Issue Expenses
Issue Details of Tasty Dairy Specialities IPO:
- Issue Open: Feb 7, 2018
- Issue close: Feb 12, 2018
- Issue Type: Fixed Price Issue IPO
- Issue Size:5,430,000 Equity Shares of Rs 10 aggregating up to Rs 24.44 Cr
- Face Value: Rs 10 Per Equity Share
- Issue Price: Rs 45 Per Equity Share
- Market Lot: 3000 Shares
- Minimum Order Quantity: 3000 Shares
- Listing At: BSE SME
- Retail allocation: 50%
Promoters of the company:
There are three promoters of the company. They are
- Atul Mehra
- Prem Nandan Mehra
- Sonia Mehra
Corporate identification (CIN):
Key strength of the company:
- Milk procurement system
- Diversified product portfolio.
- Established Track Record of Growth and Financial Performance
- Building brand visibility
- Quality control
- Continuous Growth and Expansion
Tasty Dairy Specialities IPO Prospectus:
Draft Prospectus with SEBI
Registered address of the company:
D-3, UPSIDC Industrial Area, Jainpur,
Kanpur Dehat-209 311, Uttar Pradesh
Lead Manager to the issue:
Mark Corporate Advisors Private Limited 404/1,
The Summit Business Bay,
Sant Janabai Road (Service Lane), Off W. E. Highway,
Vile Parle (East), Mumbai-400 057.
Contact Person: Mr. Manish Gaur Tel. No.: +91 22 2612 3207/08
E-Mail ID: firstname.lastname@example.org
SEBI Regn No.: INM000012128
Investor Grievance Email: email@example.com
Registrar to the Tasty Dairy Specialities IPO:
Bigshare Service Private Limited 1 st Floor,
Bharat Tin Works Building,
Opp. Vasant Oasis, Makhwana Road, Marol,
Andheri (E), Mumbai-400 059.
Contact Person: Mr. Ashok S Shetty
Tel No.: +91 22 2847 0652/4043 0200
E-Mail ID: firstname.lastname@example.org
SEBI Regn No.: INR000001385