59  Total SME IPOs listed in 2025

2,613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

ICL Organic Dairy Products Limited IPO (ICL Organic Dairy Products IPO) Detail

ICL Organic Dairy Products IPO is a Fixed Price IPO listing on BSE SME exchange. The company is based in New Delhi and caters to Agro - Food Products sector. Finshore Management Services is the merchant banker of ICL Organic Dairy Products IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 13th December 2019.

ICL Organic Dairy Products IPO open date is 31st January 2020 and close date is 7th February 2020. IPO Allotment Date is 11th February 2020 and Listing date is 17th February 2020.

IPO Category : SME
Exchange : BSE SME
Issue Type : Fixed Price

IPO Key Highlights

  • IPO Size: ₹ 4.08 Cr. Avg IPO Size (Sector Based) : ₹ 19.03 cr.
  • Sector: Agro - Food Products SME IPO so far: 32
  • Merchant Banker: Finshore Management SME IPO by BRLM so far: 48
  • City: New Delhi SME IPO so far: 152
  • Revenue (annualised): ₹ 6.69 cr.
            (annualised): ₹ 0.15 cr.
  • PE Ratio: 80.00x Average Sector PE Ratio: 19.17x

ICL Organic Dairy Products IPO Date

Date of DRHP:
13th December 2019
IPO Open Date:
31st January 2020
IPO Closing Date:
7th February 2020
IPO Allotment Date:
11th February 2020
Initiation of Refund:
13th February 2020
IPO Listing Date:
17th February 2020

ICL Organic IPO Info, Size, Subscription

ICL Organic Dairy Products IPO size is ₹ 4.08 Cr. with IPO price of ₹ 20.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 4.08 Cr.

Issue Price:
₹ 20.00

Market Capitalisation :
₹ 12.00 Cr.

PE multiple :
80.00

Subscription :
3.08 times

Pre Issue Promoter Holding :
72.71 %

Post Issue Promoter Holding :
47.99 %

ICL Organic Dairy Products IPO Information

Sub Sector : food
ICL Organic Dairy Products Limited was originally incorporated as "ICL Organic Dairy Products Private Limited" on February 21, 2013, under the provisions of the Companies Act, 1956, with Corporate Identification Number U74120UP2013PTC055187, issued by the Registrar of Companies, Kanpur, Uttar Pradesh. Subsequently, the company converted into a Public Limited Company, and its name was changed to "ICL Organic Dairy Products Limited" via a fresh Certificate of Incorporation dated January 23, 2019, bearing Corporate Identification Number U74120UP2013PLC055187, issued by the Registrar of Companies, Kanpur, Uttar Pradesh.
Incorporated in 2013, the company was promoted by Mr. Roop Kishore and Mr. Avadhesh Kumar Gola. Both brothers come from a farming family with an agricultural background. They initiated the dairy business and availed the benefit of the Kamdhenu Yojna from
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Object of Issue (ICL Organic IPO Objectives)

  • To meet the working capital requirements of the company
  • To meet the Issue Expenses
  • General Corporate Purposes

Finshore Management Services Limited is the book-running lead manager of the ICL Organic Dairy Products IPO. Cameo Corporate Services Limited is the Registrar and Market Maker is Beeline Broking Limited for ICL Organic Dairy Products IPO.

ICL Organic IPO Market Maker

Beeline Broking Limited

ICL Organic IPO Registrar (RTA)

Cameo Corporate Services Limited

ICL Organic IPO Lead Manager (BRLM)

Finshore Management Services Limited

ICL Organic Dairy Products IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is ICL Organic Dairy Products IPO?

ICL Organic Dairy Products IPO, based in New Delhi, operates in the   Agro - Food Products sector with a focus on food. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. ICL Organic Dairy Products IPO size is ₹ 4.08 Cr. with fresh issue size of ₹ 4.08 Cr. and Offer for sale being ₹ Nil

When is ICL Organic IPO allotment?

The IPO allotment date for ICL Organic Dairy Products IPO is expected to be 11th February 2020, after the finalization of basis of allotment. Investors can check ICL Organic Dairy Products IPO allotment status on the registrars website, Cameo Corporate Services Limited. ICL Organic Dairy Products IPO refund dates are 13th February 2020.

When is ICL Organic Dairy Products IPO listing date?

ICL Organic Dairy Products IPO is expected to be listed on 17th February 2020.

What is the price band for ICL Organic IPO?

The upper price band for the ICL Organic Dairy Products IPO is set at ₹ 20.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is ICL Organic Dairy Products IPO Review?

For IPO analysis on ICL Organic Dairy Products IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for ICL Organic Dairy Products IPO?

To apply for the ICL Organic Dairy Products IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 7th February 2020. After submission, funds are blocked until the basis of allotment of ICL Organic Dairy Products IPO is finalised.

Who is the merchant banker of ICL Organic IPO?

The merchant banker for ICL Organic Dairy Products IPO is Finshore Management Services Limited . Finshore Management Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the ICL Organic Dairy Products IPO RHP for further details.

Who is the Registrar of ICL Organic Dairy Products IPO?

The registrar for ICL Organic Dairy Products IPO is Cameo Corporate Services Limited. Investors can go to Cameo Corporate Services Limited registrar website for IPO allotment status, refund processing, and other queries related to ICL Organic Dairy Products IPO through their official website or helpline.

What is the ICL Organic Dairy Products IPO subscription?

ICL Organic Dairy Products IPO was subscribed 3.08 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 4.08 Cr. Avg IPO Size (Sector Based) : ₹ 19.03 Cr.
  • Sector: Agro - Food Products SME IPO so far: 32
  • Merchant Banker: Finshore Management SME IPO by BRLM so far: 48
  • City: New Delhi SME IPO so far: 152
  • Revenue (annualised): ₹ 5.04 cr.
            PAT: (annualised): ₹ 0.15 cr.
  • PE Ratio: 80.00x Average Sector PE Ratio: 19.17x
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FAQs

ICL Organic Dairy Products IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on ICL Organic Dairy Products Financial Review Page

ICL Organic Dairy Products IPO subscription was 3.08 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

ICL Organic Dairy Products IPO listed at a listing price of 21.80 against the offer price of 20.00.

The current market price of ICL Organic Dairy Products is 39.71.

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