Tasty Dairy Specialities Ltd - SME IPO
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. The 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 of 1,60,000 litres of milk packaging, 20,000 litres of buttermilk packaging, 2,20,000 Litres of Skimmed Milk Powder and Ghee and 2,00,000 litres of bulk milk processing.
The 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.
Tasty Dairy Specialities LTD - SME IPO Issue Details
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Tasty Dairy Specialities Ltd - SME IPO |
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| Issue Open |
Feb 7, 2018 - Feb 12, 2018 |
| Issue Price | Rs.45 Per Equity Share |
| Market Lot | 3000 Shares |
| Minimum Order Quantity | 3000 Shares |
| Issue Size | 5,430,000 Equity Shares of Rs 10 aggregating up to Rs 24.44 cr |
| Face Value | Rs 10/- |
| Listing At | BSE SME |
Company Promoters:
1. Mr. Atul Mehra
2. Mr. Prem Nandan Mehra
3. Mrs. Sonia Mehra
Objects of Tasty Dairy Specialities Ltd - SME IPO Issue
1. To meet Working Capital Requirements
2. General Corporate Purposes
3. To meet the Issue Expenses
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