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Parag Milk Foods Ltd. IPO
NSE & BSE Bookbuilding IPO Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹227
Issue Price
₹227
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹227
GMP based
Lot Size
65
shares / lot
Min Amount
₹14,755
1 lot · 65 shares
Live Price
tap to chart
Allotment
Important Dates
3/3 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
04 May 2016
Wed Completed
Done
Close Date
11 May 2016
Wed Completed
TBA
Allotment
TBA
TBA
TBA
Refund
TBA
TBA
TBA
Demat Credit
TBA
TBA
Done
Listing Date
19 May 2016
Thu Completed
UPI Deadline: 11 May 2016
Issue Details
Pricing & Size
Issue Price
₹227 Face ₹10
Lot Size
65 shares
Min Investment
₹14,755
Total Issue Size
3,42,71,268 shares (aggregating up to ₹750.54 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
2,54,78,687 (74.34%)
NII / HNI
50,95,735 (14.87%)
Retail
33,97,155 (9.91%)
Employee
3,00,000 (0.88%)
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
7,04,15,887 shares
Post-Issue Shareholding
8,41,14,891 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 65 ₹13,975
HNI / NII 15 975 ₹2,09,625
bHNI / bNII 72 4,680 ₹10,06,200
Objects of Issue
4 objectives
1
1 Expansion and Modernisation Plan
147.70 Cr
2
2 Investment in Subsidiary for financing the capital expenditure requirements in relation to the expansion and modernisation of the Bhagyalaxmi Dairy Farm
2.30 Cr
3
3 Partial repayment of the Working Capital Consortium Loan
100.00 Cr
4
4 General corporate purposes
28.80 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Dam Capital Advisors Ltd.
JM Financial Ltd.
Kotak Mahindra Capital Co.Ltd.
Motilal Oswal Investment Advisors Ltd.
IPO Timeline
Open
04 May
✓ Done
Close
11 May
✓ Done
Allotment
TBA
Listing
19 May
✓ Done
Registrar Details
Kfin Technologies Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
04067162222, 04079611000
Email
einward.ris@karvy.com
Company Contact
Email
cs@paragmilkfoods.com
Phone
+91 22 4300 5555
Address
Flat No 1, Plot No. 19, Nav Rajasthan Society, S.B. Road, Shivaji Nagar, Pune 411 016 Shivaji Nagar, Maharashtra
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹227
Est. Listing
₹227
Lot Size
65 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Parag Milk Foods Ltd. LIVE
INR ·
vs Issue
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P/E
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| Price
Market Reference
IPO Issue Price
₹227
GMP
+₹0 (+0%)
GMP Est. Listing
₹227
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 2,54,78,687 (74.34%) ₹57,836.62 Cr
NII / HNI (Total) 50,95,735 (14.87%) ₹11,567.32 Cr
Retail Investors 33,97,155 (9.91%) ₹771.15 Cr
Employee 3,00,000 (0.88%) ₹68.10 Cr
Total ** 3,42,71,577 (100.00%) ₹777,964.80 Cr
* Based on ₹227.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
2,54,78,687 (74.34%)
NII
50,95,735 (14.87%)
Retail
33,97,155 (9.91%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount In Crore
Metric31-Dec-1531-Mar-1531-Mar-14
Revenue1231.191440.521089.50
PAT31.9225.9715.97
EBITDA
Net Worth
Total Assets970.11922.98822.88
Reserves
Borrowings
Key Financial Ratios
22.67%
RONW
Return on Net Worth
About Parag Milk Foods Ltd.

Incorporated in 1992, Parag Milk Foods Ltd is Pune based dairy-based branded food producer. Company is involve in collection, distribution of milk and producing dairy-based branded consumer products including cheese, ghee, whey proteins, paneer, curd, yoghurt, milk powders and dairy based beverages. All products of the company are made from cow milk.

Company's manufacturing facilities are located at Manchar in the Pune district of Maharashtra and Palamaner in the Chittoor district of Andhra Pradesh. Company's supply chain network includes procurement from 29 districts across Maharashtra, Andhra Pradesh, Karnataka and Tamil Nadu, through over 3,400 village level milk collection centres. Parag Milk Foods Brand and product lineup under them:

1. Gowardhan
Gowardhan brand is targeted at house-hold consumption and to be used as cooking ingredients. The products under this brand includes fresh milk, curd products (curd, trim curd and buttermilk), ghee, paneer, butter, milk powders, whey proteins, gulab jamun mix and shrikhand.

2. Go
Targeted at children and the youth generation, primarily for direct consumption. The products under this brand includes cheese products, UHT milk (go milk, go slim milk and go supremo milk), fresh milk: go kidz, fruit yoghurts in six flavours, fresh cream and beverages (lassi and buttermilk in two flavours).

3. Pride of Cows
Farm-to-home concept of milk, directly delivered from the farm to a consumer's door-step, through a subscription model. Targeted at household consumers seeking premium quality cow's milk. The product include under this brand is cow milk.

4. Topp Up
Targeted at the youth generation and travellers as a source of instant nourishment. The products under this brand includes flavoured milk in six flavours.

Competitive Strengths:
1. Well Established Brands Targeting a Range of Consumer Groups
2. Integrated Business Model
3. Diversified Product Portfolio and Customer Base
4. Growing Pan-India Distribution Network
5. Established Track Record of Growth and Financial Performance
6. Experienced Senior Management

Frequently Asked Questions
What is the issue price of Parag Milk Foods Ltd. IPO?
The issue price of Parag Milk Foods Ltd. IPO is ₹227 per share, face value ₹10.
What is the lot size?
Minimum lot size is 65 shares, requiring ₹14,755.
What are the IPO dates?
Opens 04 May 2016, closes 11 May 2016.
When is the listing date?
Tentative listing: 19 May 2016 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹227 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Parag Milk Foods Ltd. IPO

Check on Registrar
Post-IPO Timeline
Listing Date
19 May 2016
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹227
Face ₹10
Lot Size
65
shares / lot
Min Amount
₹14,755
1 lot
Est. Listing
₹227
GMP +₹0
Key Dates
Open
04 May Done
Close
11 May Done
Listing
19 May Done
Registrar
Kfin Technologies Ltd.
A
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