At a glance
Updated 2026-08-24The shares listed at ₹20.80, a 4.00% move from the issue price. ICL Organic Dairy Products is a SME IPO with an issue size of ₹4.08 crore, proposed for listing on BSE SME. The offer opens on 31st Jan 2020 and closes on 7th Feb 2020. The issue structure includes a fresh issue of ₹3.88 crore. The current listing schedule points to 17th Feb 2020.
Issue details
Listing atBSE SME
Issue typeFixed Price Issue
Issue size₹4.08 Cr
Fresh issue₹3.88 Cr
Face value₹10
Price band—–—
Allotment11th Feb 2020
Listing17th Feb 2020
Listing performance
Full performance ↗Issue price₹20.00
Listing price₹20.80
Current price—
Listing gain4.00%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹0.00
GMP / upper priceNO DATA
Est. listingNO DATA
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens31st Jan 2020
Closes7th Feb 2020
Allotment11th Feb 2020
Refund12th Feb 2020
Demat13th Feb 2020
Listing17th Feb 2020
Subscription demand
Full bidding ↗Total3.08×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 6000 | — |
Company
Incorporated2013
Use of proceeds
| Object | Amount |
|---|---|
| Funding the working capital requirements of the Company | ₹3.48 Cr |
| Issue related expenses | ₹0.35 Cr |
| General corporate purposes | ₹0.25 Cr |
Valuation & shareholding
Pre-IPO P/E80
Promoter holding pre72.71%
Promoter holding post47.99%
Market cap₹12.00 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Lead Manager Fees including Underwriting Commission, Brokerage, Selling Commission and upload Fees, Registrar to the Issue, Legal Advisors etc. and other out of Pocket Expenses | ₹0.26 Cr |
| Advertising and Marketing Expenses | ₹0.02 Cr |
| Regulators Including Stock Exchanges | ₹0.05 Cr |
| Printing and distribution of Issue Stationary | ₹0.02 Cr |
Registrar & lead managers
Registrar
Cameo Corporate Services Ltd.Lead managers
- Finshore Management Services Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.