Govindah Nutrition Ltd. IPO Details
Govindah Nutrition was incorporated on November 15, 2019. The company is a Madhya Pradesh-based dairy business engaged in the collection, processing, and distribution of packaged milk and value-added dairy products under its own brand. With a strong retail and direct-to-consumer presence across the state, it offers a range of milk, curd, buttermilk, paneer, and ghee products while also serving B2B customers
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 4.1 M | - | - | ₹0 | DRHP DOC |
Govindah Nutrition issue details
Govindah Nutrition has 4.1 M shares on offer
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
Govindah Nutrition IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | NSE |
Govindah Nutrition NUMBER OF SHARES ON OFFER
Govindah Nutrition FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY25 | 176.6 | 8.0 | -0.1 | -0.3 | 9.1% |
| FY24 | 139.1 | 3.3 | -2.0 | -2.1 | 6.9% |
| FY23 | 68.7 | 1.3 | -5.1 | -9.5 | 9.0% |
Govindah Nutrition INFORMATION ON IPO ISSUE
About Govindah Nutrition
Govindah Nutrition was incorporated on November 15, 2019. The company is a Madhya Pradesh-based dairy business engaged in the collection, processing, and distribution of packaged milk and value-added dairy products under its own brand. With a strong retail and direct-to-consumer presence across the state, it offers a range of milk, curd, buttermilk, paneer, and ghee products while also serving B2B customers
Object of the Issue
- Capital expenditure
- Working capital requirements
- Repayment of borrowings
- General corporate purposes
Govindah Nutrition - PROMOTERS
| Name |
|---|
| Vishal Jaiswal |
Govindah Nutrition - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Vishal Jaiswal | Chairman & Managing Director |
| Manay Nath Thakur | Non-Executive and Non-Independent Director |
| Devyani Chhajed | Non-Executive and Independent Director |
| Manish Joshi | Non-Executive and Independent Director |
| Vishal Rastogi | Non-Executive and Independent Director |
Govindah Nutrition Book Running Lead Manager
Corpwis Advisors Private Limited
ipo.govindah@corpwis.com
Govindah Nutrition Registrar to the Offer
Bigshare Services Private Limited
ipo@bigshareonline.com
Govindah Nutrition Strengths
Quality sourcing
The company follows a traceable and technology-enabled milk procurement model, sourcing high-quality cow and buffalo milk directly from farmers while maintaining strict quality and hygiene standards. Its digital procurement network ensures transparency, real-time quality monitoring, and efficient scalability without compromising product quality
Natural farm-fresh milk offering
The company differentiates itself by offering separate variants of natural cow and buffalo milk without the use of milk powder, preservatives, or other additives. Supported by an integrated supply chain and processing network, it delivers fresh, unadulterated milk while strengthening consumer trust and brand positioning
Subscription-based platform
The company operates a technology-enabled direct-to-consumer (D2C) subscription platform that allows customers to conveniently manage milk and dairy product deliveries through a mobile application. This digital model strengthens customer engagement, improves operational efficiency, and provides greater control over the value chain while expanding its presence in the residential consumer market
Govindah Nutrition Risks
Improper handling risks
As a dairy company dealing with perishable products, the company faces risks related to contamination, spoilage, improper handling, storage, transportation, or labeling of milk and dairy products. Any actual or perceived quality issue could lead to product recalls, regulatory action, legal liabilities, reputational damage, and an adverse impact on the company’s business and financial performance
License & approvals
The company’s operations depend on obtaining and maintaining various statutory licenses, approvals, and regulatory registrations related to food safety, manufacturing, environmental compliance, and labor laws. Any delay in obtaining, renewing, or complying with these requirements could disrupt operations and adversely affect the company’s financial performance and cash flows
Animal disease risks
The company’s milk supply chain is exposed to risks from animal diseases and livestock health challenges, which can reduce milk production, affect product quality, and disrupt procurement. Disease outbreaks and inadequate veterinary support may also create food safety concerns, impacting regulatory compliance, consumer trust, and business performance
IPO FAQs
The promoter of the company is Vishal Jaiswal.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.