Tara Health Foods, a producer of edible oil and cattle/poultry feed, is coming out with a public issue of 1 crore equity shares on April 28, 2010. The price band for the issue has been fixed at Rs 180-190 per share. The issue would constitute 33.28% of the fully diluted post issue paid-up capital of company. It will close on April 30. The company is catering to the needs of both human and animal nutrition through its products, which can be divided broadly in to edible oil and cattle/poultry feed. It not only produces these products, but also market them in the northern part of the country. |
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