Tasty Dairy Specialities Ltd

Add to Calendar 2018-02-07 12:00 AM 2018-02-12 12:00 AM Asia/Kolkata Tasty Dairy Specialities Ltd Tasty Dairy Specialities Ltd India

Introduction: Tasty Dairy Specialities Ltd is involved in the business  of milk processing, along with bulk milk procurement and handling. It primarily caters to bulk and marquee institutional customers. The basic idea behind the formation of this company was to leverage the significant opportunities available in dairy sector and exploit the abundant availability of quality raw material (milk) in and around the Kanpur

Date of Establishment: Tasty dairy was established in the year 1992 as a private limited company by Mr Atul Mehra

Product & Service Offering: Tasty dairy  deals in diverse 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.

Promoters of Tasty Dairy Specialities Ltd: The Promoters of the Company are Mr. Atul Mehra, Mr. Prem Nandan Mehra and Mrs. Sonia Mehra

Customer Segment: Tasty dairy has a wide customer base which includes food manufacturing companies, government organizations and defence sectors. Few of the company’s clients are given below:

      - Delhi Milk scheme
      - Mother Dairy
      - Parle Products
      - Sterling Agro Industries Limited
      - ITC Limited (Food Division)
      - Nutrine Confectionery Pvt. Ltd
      - Uttar Pradesh Employee Welfare Association

Objects of the Issue: The key objectives of the IPO issues is to meet cash requirement for day to day running of the business and funding requirements for the corporate

Company Financials:

Summary of financial Information

Particulars

For the year/period ended (in Rs. million)

 

31-Mar-17

31-Mar-16

31-Mar-15

31-Mar-14

31-Mar-13

Total Assets

920

833

737

586

587

Total Revenue

2390

3348

3079

2519

2048

Profit After Tax

45

46

44.7

54

45

Issue Detail

  • Issue Open: Feb 07, 2018
  • Issue Close: Feb 12, 2018
  • Issue Type: Fixed Price Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 45 Per Equity Share
  • Bid Lot:3000 Shares
  • Minimum Order Quantity:3000 Shares
  • Listing At: BSE SME
  • Issue Size: • Rs 24.44 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved 0 2,577,000 2,577,000 - 276,000 5,430,000
Day 1 - Feb 07, 2018IST 0 2,508,000 1,863,000 - - 4,371,000
Day 2 - Feb 08, 2018IST 0 7,662,000 3,330,000 - - 10,992,000
Day 3 - Feb 09, 2018IST 0 7,932,000 7,668,000 - - 15,600,000
Day 4 - Feb 12, 2018IST 0 400,263,000 104,628,000 - - 504,891,000

Listing Day Trading Information

- BSE NSE
Issue Price Rs 45.00 -
Open Rs 50.75 -
Low Rs 48.25 -
High Rs 52.45 -
Last Trade Rs 48.35 -
Volume 2,460,000 -

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Frequently Asked Questions

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