Exchanges
BSE, NSE
Industry
Dairy Products
Issue
Book building

Parag Milk Foods IPO

₹247.00

+14.88% on listing

Listing-day close · NSE · 19 May 2016 · issue price ₹215

Parag Milk Foods’ ₹751 crore IPO was priced at ₹215 a share. It listed on the NSE on 19 May 2016 and closed its first day at ₹247.00, up 14.88% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Listing

Issue details

Issue size
₹751 Cr
Fresh issue
₹300 Cr
Offer for sale
₹451 Cr
Lot size
65 shares
Minimum investment
₹13,975
Face value
₹10
Registrar
Kfin Technologies

Subscription

Parag Milk Foods IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—1.49×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹1,808 Cr
Promoter holding
61.13% → 47.48%

From the offer documents.

Listing

Listing date
19 May 2016
Issue price
₹215
Open
₹217.50
High
₹249.70
Low
₹217.50
Close
₹247.00

Listing day on the NSE. The close was +14.88% on the issue price.

PARAGMILK share price today

FAQs

When did the Parag Milk Foods IPO open and close?

It opened on 4 May 2016 and closed on 11 May 2016.

What was the Parag Milk Foods IPO price?

The price band was ₹215–227 a share. The final issue price was ₹215.

What is the lot size and minimum investment?

One lot is 65 shares, ₹13,975 at ₹215 a share. Retail investors apply in whole lots.

How much did Parag Milk Foods raise?

₹751 crore: ₹300 crore of new shares and ₹451 crore offered by existing shareholders.

How many times was the Parag Milk Foods IPO subscribed?

1.49 times overall.

How did Parag Milk Foods list?

It listed on the NSE on 19 May 2016 at ₹217.50 and closed the day at ₹247.00, up 14.88% on the ₹215 issue price.

Who is the registrar of the Parag Milk Foods IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

Full disclaimer

See how an IPO fits your plan

Armor checks every holding against your goals, risk and timeline.

Get the app