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Parag Milk Foods Ltd

Parag Milk Foods Ltd

    Registered Office : F No 1 P No 19 Nav Rajastan So,S B Road Shivaji Nagar,Pune Maharashtra 411016 Phone : 91-20-4300555/25674761/62/63
    Fax : 91-20-43005580

    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

Opens On

Closes On

04-May-2016

11-May-2016

Money Payable On

Application

Allotment

215.00

0.00

Minimum Application for shares in Nos : 65.0 Further Multiples of : 65.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

750.54

0.00

215.00

IDFC Securities Ltd

JM Financial Institutional Securities Ltd

Kotak Mahindra Capital Company Ltd

Motilal Oswal Investment Advisors Pvt Ltd

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