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Business EconomyPosted at: Feb 17 2020 12:25PM


ICL Organic dairy products becomes 318th company to get listed on BSE SME platform

Mumbai, Feb 17 (UNI) ICL Organic Dairy Products Limited became 318th company to get listed on the BSE SME Platform on February 17, 2020.
ICL Organic Dairy Products Limited came out with an initial public offering of 20,40,000 Equity Shares of Rs 10 each for cash at a price of Rs 20 per equity share, aggregating to Rs. ‘408.00’ lakhs.
The company has successfully completed its public issue on February 7, 2020.
ICL Organic Dairy Products Limited is an Uttar Pradesh based company whose registered office is at Noida.
Kolkata based Finshore Management Services Limited was the lead manager to ICL Organic Dairy Products Limited.
ICL Organic Dairy Products carry on the business of all kinds of dairy farming, animal husbandry, breeding of mammals (e.g. Cow, Buffalos) whether owned by the company or any other person, take these animals on rent or under an agreement of profit sharing and producing, preserving and dealing in all kinds of product of such business and in particular, milk, ghee, paneer, cream, ice-cream and other milk products its by-products and for that purpose own, acquire on owner-ship or rental/lease piece of land to set up dairy farm anywhere in India and also set up facilities for experiments test and research for developing better qualities of milk, milk products and its by-products.
To cultivate, grow, produce, and develop meadow for grazing/feeding animals and keep sufficient supply of animal feeds and for that purpose enter into agreement, collaboration and to do all such things as may be necessary to carry on the business of dairymen, milk contractors, dairy foreman, millers, purveyors and vendors of milk, cheese, butter, poultry and provisions of all kinds, growers of, and dealers in corn, hay and straw, seeds men, and to buy, sell and trade in any goods which is usually traded in any of the above businesses to cultivate, grow, produce or deal in any agriculture, vegetable or fruit products, food items, Vegetable oils, oil cakes and by products thereof and to carry on the activities of land development and other activities associated with the farming interests.
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