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IPO Details


Parag Milk Foods Ltd
Registered Office: F No 1 P No 19 Nav Rajastan So, S B Road Shivaji Nagar, Pune - 411016, Maharashtra
Phone: 91-20-4300555/25674761/62/63
Email: cs@paragmilkfoods.com
Website: www.paragmilkfoods.com
Public issue of 34,271,268 equity shares of face value of Rs. 10 each (the equity shares) of Parag Milk Foods Limited (the company or issuer) for cash at a price of Rs. 215 per equity share (including a share premium of Rs. 205 per equity share) aggregating to Rs. 750.54 crores consisting of a fresh issue of 13,698,695 equity shares aggregating up to Rs. 300.00 crores and an offer for sale of 20,572,573 equity shares comprising of 14,286,449 equity shares by the investor selling shareholders and 6,286,124 equity shares by the other selling shareholders (As defined in the prospectus) (The offer for sale and The fresh issue are collectively referred to as the issue). The issue includes a reservation of 284,505 equity shares (Original Reservation of 300,000 equity shares) aggregating to Rs. 5.78 crores for subscription by eligible employees (As defined in the Prospectus) (The employee Reservation portion). The issue less employee reservation portion is referred to as the net issue. The issue and the net issue constitute 40.74% and 40.41% respectively, of the post-issue paid-up equity share capital of the company. Issue Price : Rs. 215 per equity share of face value of Rs. 10 each. Anchor Investor Issue Price : Rs. 227 per equity share. The Issue price is 21.5 times the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
04-May-2016 11-May-2016 215.00 0.00
Minimum Application for shares in Nos : 65 Further Multiples of : 65
()Cr. Lead Managers to the Issue
Project Cost 0.00 IDFC Securities Ltd
Project Financed through Current Offer 750.54
Post Issue Equity Share Capital 0.00
Issue Price 215.00
Projects
To meet the capital expenditure requirements
Investment in subsidiary for finan. the cap. exp.
Partial repayment of the working capital loan
General corporate purposes
Promoted By
Devendra Shah
Pritam Shah
Parag Shah
Listing At
BSE
NSE
Registrar to the Issue
KFin Techologies Ltd

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