
Financials / Banking & Credit Services · BSE
ICL Organic Dairy Products Ltd, incorporated in 2013, is engaged in dairy farming, animal breeding, and animal husbandry, producing and supplying dairy products such as milk, cream, paneer, ghee, and other by-products. The company sources animals through rental and profit-sharing arrangements and works closely with milk contractors, vendors, dairymen, and dealers to manage its supply chain. Its operations are mainly concentrated in the Bareilly, Badaun, and Pilibhit districts of Uttar Pradesh, with a strong emphasis on quality milk production supported by a veterinary team that assists and trains local farmers. The company’s core activity involves collecting milk from its own facilities and other dairy farmers and distributing it to dairy outlets, sweet shops, and households.
Price Band
₹20
Issue Size
₹4.08 Cr
Lot Size
6000 shares
GMP
Est. Listing
₹20
at current GMP
Subscribed
—
Open
31 Jan 2020
Close
7 Feb 2020
Allotment
13 Feb 2020
Refund
14 Feb 2020
Demat Credit
15 Feb 2020
Listing
17 Feb 2020
Designated Registrar: Cameo Corporate Services Limited
Allotment Date
13 Feb 2020
Basis finalization
Refunds Initiate
14 Feb 2020
Mandate release
Demat Credit
15 Feb 2020
Shares in demat
Listing Debut
17 Feb 2020
Trading begins
ICL Organic Dairy Products Limited is bringing an initial public offering (IPO) in the Financials / Banking & Credit Services sector with an aggregate issue size of ₹4.08 Crores. The shares are offered at a price band of ₹20 to ₹20 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2020-02-07, the basis of allotment is scheduled to be finalized on 2020-02-13. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Cameo Corporate Services Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.