Prabhat Dairy Ltd IPO


Subscription Details

  • Open Date 28 Aug
  • Close Date 04 Sep
  • Lot Size 102
  • IPO Size ₹ 362.57 Cr
  • IPO Price Range ₹ 115
  • Min Investment ₹ 11730

Prabhat Dairy Ltd IPO Timeline

Open Date
28 Aug
Close Date
04 Sep
Basis of Allotment
Credit to Demat Account
Listing Date

IPO Synopsis

Public Issue of 31,739,442 Equity shares of face value of Rs. 10 Each (The Equity shares) of Prabhat Dairy Ltd (The Company or Issuer) for cash at a price of Rs. 115 per equity share (Including a share premium of Rs. 105 per Equity share) aggregating to Rs. 362.57 Crores (Issue) consisting of a fresh Issue of 26,262,144 equity shares aggregating up to Rs. 300 Crores and an offer for sale of 5,477,298 equity shares, comprising of 1,173,600 equity shares by Nirmal Family Trust, (Promoter), 2,450,743 equity shares by The India Agri Business Fund Ltd., 8,566 equity shares by The Real Trust, and 1,844,389 equity shares by Societe De promotion Et De participation Pour La cooperation economique. The issue will constitute 32.49% of the post-issue paid-up equity share capital of the company. The company and the selling shareholders in consultation with the Global Co-Ordinators and book running Lead Managers (GC-BRLMS) and The Book Running Lead Manager (BRLM, Together with the GC-BRLMS, Referred to as the Lead Managers) Have decided to offer a discount of Rs. 5 per equity share to the retail investors (Retail Discount) in terms of the SEBI Regulations. The Isssue price is Rs.115 per equity share and is 11.5 times. The Face Value of the equity shares is Rs. 10 Each.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Prabhat Dairy Ltd IPO

Contact Information


Gat No 122 At Ranjankhol,
Post Tilaknagar Taluka Rahata,
Ahmednagar, Maharashtra 413720

Open Demat Account