247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Parag Milk Foods Limited IPO (Parag Milk Foods IPO) Details

Parag Milk Foods Limited is an Agro - Food Products based company, located in Pune, Parag Milk Foods Limited IPO size was 751.78 Cr. and was issued at 215.00 per share. The share of Parag Milk Foods Limited were listed at 247.80 per share and are currently trading at 174.77 per share.

Type :
Sub Sector : Manufacturers And Marketers Of Dairy-based Branded Foods
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
1641.59 Cr.

PAT :
42.56 Cr.

Pricing Report

Issue Price :
215.00

Listing Price :
247.80

Current Market Price :
174.77

Issue Price vs CMP :
40.23 (18.71%)

listing Price vs CMP :
73.03 (29.47%)

Performance Report (CAGR* wise)

CAGR : -2.36
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Parag Milk Foods

Company Information
Parag Milk Foods Limited is one of the leading manufacturers and marketers of dairy-based branded foods in India. It began its operations in 1992 with the collection and distribution of milk and has since evolved into a dairy-based branded consumer products company with an integrated business model. The company manufactures a wide variety of products, including cheese, ghee (clarified butter), fresh milk, whey proteins, paneer, curd, yoghurt, milk powders, and dairy-based beverages, catering to diverse consumer groups through various brands.

A significant portion of the product range includes long shelf-life food and beverage products, enabling the company to serve retail and institutional customers across India. All of the products are derived exclusively from cows' milk. The company's aggregate milk processing capacity is 2 million
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Object of Issue
  • To meet the capital expenditure requirements for expansion and modernisation of existing manufacturing facilities at Manchar and Palamaner
  • Investment in Subsidiary for financing the capital expenditure requirements in relation to the expansion and modernisation of the Bhagyalaxmi Dairy Farm
  • Partial repayment of the Working Capital Consortium Loan and
  • General Corporate Purposes

Parag Milk Foods MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
May, 2016
IPO Size :
751.78 Cr.
IPO Subscription :
1.83 X     
PE Multiple :
44.00
Merchant Banker :
Dam Capital Advisors Limited (Formerly Idfc Securities Limited)
IPO Registrar:
Kfin Technologies Limited

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FAQs

Parag Milk Foods operates in Agro - Food Products and Manufacturers And Marketers Of Dairy-based Branded Foods. The Issue is listed on MainBoard in May, 2016. Parag Milk Foods IPO size was 751.78 Cr. with Issue price of 215.00 .

Merchant Banker(s) of Parag Milk Foods IPO: Dam Capital Advisors Limited (Formerly Idfc Securities Limited) , Jm Financial Limited , Kotak Mahindra Capital Company Limited , Motilal Oswal Investment Advisors Limited

Parag Milk Foods IPO subscription was 1.83 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.

Parag Milk Foods IPO listed at a listing price of 247.80 against the offer price of 215.00.

The current market price of Parag Milk Foods is 174.77.

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