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Tara Health IPO is a book built issue of Rs 0.00 crores.
Tara Health IPO bidding started from April 28, 2010 and ended on April 30, 2010.
Tara Health IPO price band is set at ₹175 to ₹185 per share. The minimum lot size for an application is 30 Shares. The minimum amount of investment required by retail investors is ₹5,550.
Atherstone Capital Markets Limited is the book running lead manager of the Tara Health IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.
Refer to Tara Health IPO RHP for detailed information.
IPO Date | April 28, 2010 to April 30, 2010 |
Listing Date | [.] |
Face Value | ₹10 per share |
Price Band | ₹175 to ₹185 per share |
Lot Size | 30 Shares |
Total Issue Size | 10,000,000 shares (aggregating up to ₹0.00 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
Share holding pre issue | 20,044,000 |
Share holding post issue | 30,044,000 |
Tara Health IPO offers 8,500,000 shares. 3,500,000 (41.18%) to QIB, 1,500,000 (17.65%) to NII, 3,500,000 (41.18%) to RII. 116,666 RIIs will receive minimum 30 shares and (sNII) and (bNII) will receive minimum 1,110 shares. (in case of oversubscription)
Investor Category | Shares Offered | Maximum Allottees |
---|---|---|
Anchor Investor Shares Offered | - | NA |
QIB Shares Offered | 3,500,000 (41.18%) | NA |
NII (HNI) Shares Offered | 1,500,000 (17.65%) | |
Retail Shares Offered | 3,500,000 (41.18%) | 116,666 |
Total Shares Offered | 8,500,000 (100%) |
Investors can bid for a minimum of 30 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 30 | ₹5,550 |
Retail (Max) | 36 | 1080 | ₹199,800 |
Lot Size Calculator |
The Promoters of Tara Health Foods Ltd are:
1. Mr.Kulwant Singh, aged 51 years, is the Non Executive Chairman of the Company.
2. Mr. Jaswant Singh, aged 47 years, the Chairman of the Company.
3. Mr. Balwant Singh, aged 44 years, the Managing Director of the Company.
Share Holding Pre Issue | 100% |
Share Holding Post Issue | 66.72% |
Incorporated in 1977, Tara Health Foods Limited (THFL) is in the business of manufacturing of oil and cattle/poultry feed. Company is now also in the nutritive healthy edible oil segment producing and selling Rice Bran Oil, blend of Rice Bran Oil and Refined Olive Oil. Company not only produce these products but also market them in the northern part of the country as on date through different points of sale set up in the state(s) of Punjab, Delhi, Haryana and Jammu & Kashmir.
Company have two business segments
1. Animal Nutrition - It includes cattle feed, feed supplements and mineral mixtures.
2. Edible Oils - A range of health focussed edible oils such as Olive oil, Rice Bran Oil and their blend(patent under process).
Particulars | For the year/period ended (Rs. in Million) | |||||
30-Jun-09 | 31-Mar-09 | 31-Mar-08 | 31-Mar-07 | 31-Mar-06 | 31-Mar-05 | |
Total Income | 751.56 | 1982.41 | 1061.08 | 338.47 | 71.21 | 0.02 |
Profit After Tax (PAT) | 98.78 | 169.97 | 90.14 | 14.18 | 0.63 | 0.05 |
KPI | Values |
---|---|
RoNW | 31.66% |
The objects of the issue are for:
1. Setting up a new Edible Oil Refining Plant at existing location;
2. Expansion of Cattle Feed Plant at existing location;
3. Augmenting long term working capital requirement of the Company;
4. General Corporate Purposes; and
5. Achieve the benefits of listing on the Stock Exchanges.
The Tara Health IPO is subscribed 0.60 times on May 5, 2010 5:00:00 PM. The public issue subscribed 0.09 times in the retail category, 0.50 times in the QIB category, and 2.01 times in the NII category. Check Day by Day Subscription Details (Live Status)
Category | Subscription (times) |
---|---|
QIB | 0.50 |
NII | 2.01 |
Retail | 0.09 |
Total | 0.60 |
Fitch has assigned an IPO Grade 2 to Tara Health Foods Ltd IPO. This means as per Fitch company has 'Below Average Fundamentals'. Fitch assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Click here to download the Fitch IPO Grading Document for Tara Health Foods Ltd.
Tara Health Foods Limited
3rd Floor, Mall Plaza,
Fountain Chowk, The Mall,
Ludhiana – 141001, Punjab, India
Phone: +91 01675 274300
Email: info@tarahealthfoods.com
Website: http://www.tarahealthfoods.com/
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Tara Health IPO is a main-board IPO of 10,000,000 equity shares of the face value of ₹10 aggregating up to ₹0.00 Crores. The issue is priced at ₹175 to ₹185 per share. The minimum order quantity is 30 Shares.
The IPO opens on April 28, 2010, and closes on April 30, 2010.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Tara Health IPO opens on April 28, 2010 and closes on April 30, 2010.
Tara Health IPO lot size is 30 Shares, and the minimum amount required is ₹5,550.
You can apply in Tara Health IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Tara Health IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Tara Health IPO allotment status.
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