Tasty Dairy Specialities IPO is set to make its debut on 8th feb 18 with 24.75 cr is engaged in processing milk, along with bulk milk procurement and handling.
Tasty Dairy Specialities IPO – overview
| IPO Dates | 7-12 Feb 18 |
| IPO Price | INR 45 per share |
| Fresh issue | – |
| Offer For Sale | Nil |
| Total IPO size | 5,430,000 shares (INR 24.44 crore) |
| Minimum bid (lot size) | 3000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Company Overview
Incorporated in 1992, Tasty Dairy Specialities Ltd is engaged in processing milk, along with 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.
They have wide range of quality 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. They are packaged under the brand names UJJWAL SHIKHAR, VERIFRESH, “CIMA”, “MITHAI MASTER” and are available in Uttar Pradesh, Madhya Pradesh and Bihar,
Currently they process approximately 5,00,000 litres of raw milk which comprises 1,60,000 litres of milk packaging, 20,000 liters of buttermilk packaging, 2,20,000 Litres of Skimmed Milk Powder and Ghee and 2,00,000 litres of bulk milk processing.
Company’s customer base includes Delhi Milk scheme (a Central Government of India Organisation), Mother Dairy (wholly owned subsidiary of the National Dairy Development Board (NDDB)), Parle Products, Sterling Agro Industries Limited, Kwality Dairy Limited, Perfetti Van Melle etc.
Objects of the Issue
1. To meet Working Capital Requirements
2. General Corporate Purposes
3. To meet the Issue Expenses
Company Contact Information
Tasty Dairy Specialities Ltd
D – 3, UPSIDC Industrial Area,
Jainpur, Kanpur Dehat – 209 311
Phone: + 91 512 7107777
Email: info@tastydairy.com
Website: http://www.tastydairy.com
Tasty Dairy Specialities IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Tasty Dairy Specialities IPO Lead Manager(s)
- Mark Corporate Advisors Private Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
