The Tasty Dairy Specialities IPO date has been confirmed from February 7, 2018 and ended on February 12, 2018. Read the post to learn about Tasty Dairy Specialities IPO GMP.
Using an IPO, Tasty Dairy Specialities is seeking to raise Rs 24.44 crores. Its price is ₹45 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹135,000.
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Key Details Of Tasty Dairy Specialities IPO
Bidding Dates
February 7-12
Price Range
₹45 per share
Face Value
₹10 per share
GMP
₹14.84
Tasty Dairy Specialities IPO GMP
The Tasty Dairy Specialities Limited IPO GMP Today is ₹14.84.
Tasty Dairy Specialities IPO Overview
Tasty Dairy IPO is a Rs 24.44 crore fixed price issuance. Tasty Dairy Specialties’ initial public offering (IPO) bidding began on February 7, 2018 and ended on February 12, 2018. On February 21, 2018, the shares were listed on the BSE SME. Tasty Dairy Specialties’ initial public offering (IPO) price is 45 cents per share. The Tasty Dairy Specialities Limited IPO GMP is ₹14.84. A lot size of 3000 shares is required for an application. Retail investors must make a minimum commitment of ₹135,000.
Customers include the Delhi Milk Scheme (a Central Government of India organisation), Mother Dairy (a wholly owned subsidiary of the National Dairy Development Board (NDDB), Parle Products, Sterling Agro Industries Limited, Kwality Dairy Limited, Perfetti Van Melle, and others.
Tasty Dairy Specialities IPO Details
| IPO Date | February 7, 2018 to February 12, 2018 |
| Listing Date | February 21, 2018 |
| Face Value | ₹10 per share |
| Price | ₹45 per share |
| Lot Size | 3000 Shares |
| Total Issue Size | 5,430,000 shares (aggregating up to ₹24.44 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Market Maker portion | 276,000 shares |
Tasty Dairy Specialities IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹135,000 |
| Retail (Max) | 1 | 3000 | ₹135,000 |
Tasty Dairy Specialities IPO Listing Details
| Listing Date | February 21, 2018 |
| BSE Script Code | 540955 |
| NSE Symbol | |
| ISIN | INE773Y01014 |
| Final Issue Price | ₹45 per share |
Company Profile
Tasty Dairy Specialities Ltd, founded in 1992, specialises in milk processing as well as bulk milk procurement and handling during the season, especially for bulk and premium institutional customers. The company also manufactures value-added milk products such as skimmed milk powder, butter, ghee, dairy whitener, concentrated milk, and so on. Pasteurised 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, and other quality dairy products are available. They are sold in Uttar Pradesh, Madhya Pradesh, and Bihar under the brand names UJJWAL, SHIKHAR, VERIFRESH, “CIMA”, and “MITHAI MASTER”. They currently process around 5,00,000 gallons of raw milk, which includes 1,60,000 litres of milk packaging, 20,000 litres of buttermilk packaging, 2,20,000 litres of skimmed milk powder and ghee, and 2,000 litres of bulk milk processing.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | [email protected] |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Tasty Dairy Specialities Ltd |
| Phone number | + 91 512 7107777 |
| Email ID | [email protected] |
| Website | tastydairy.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Tasty Dairy Specialities IPO FAQs
When Tasty Dairy Specialities IPO will open?
The Tasty Dairy Specialities IPO opens on February 7, 2018 and closes on February 12, 2018.
What is the lot size of Tasty Dairy Specialities IPO?
Tasty Dairy Specialities IPO lot size is 3000 Shares, and the minimum amount required is ₹135,000.
When is Tasty Dairy Specialities IPO listing date?
The Tasty Dairy Specialities IPO listing date is on February 21, 2018.
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