The subscription opens on June 16, 2021
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The south-India based dairy firm is the 3rd largest in procuring raw milk in India among private players and second in market presence, according to a CRISIL report on December 2020.
Sells packaged milk and dairy-based VAP products manufactured in its 13 plants with a total installed capacity of 1.70 MLPD
Revenue comes from selling milk and dairy-based VAPs. Company’s PAT in September 2020 was Rs 747.78 million
The company will raise Rs 520.18 crore in IPO, including Rs 50 crore in fresh issues and the rest in offer for sale of equities.
Shares available in the price band of Rs 421-428, and the minimum IPO lot size is 35 equities
The subscription window closes on June 18, 2021