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Parag Milk Foods Limited IPO

Parag Milk Foods Limited was a mainboard IPO, offered at ₹215–₹227 per share to raise ₹737 crore. It listed on 19 May 2016 at ₹218 and closed its first day at ₹247, a listing gain of +14.9% versus the ₹215 issue price. It now trades around ₹233 (+8.4% versus the issue price).

Frequently asked questions

What were the Parag Milk Foods Limited IPO listing gains?
Parag Milk Foods Limited listed on 19 May 2016 at ₹218, closing its first day at ₹247 — a listing gain of +14.9% versus the ₹215 issue price.
What was the price band and lot size of the Parag Milk Foods Limited IPO?
The price band was ₹215–₹227 per share.