Deenshaw’s Dairy foods ltd

Recently, it has been found that the Dinshaw’s Dairy Foods Ltd is having a game plan of raising $100-120 million in private equity capital. As such this company is on way of appointing an investment banker and is in consultations with Moelis & Co. for the mandate. It has been notified by the Managing Director of Dinshaw’s Dairy Foods, Jimmy Rana, that, they are in a position of promoting various fund raising options together with debt and equity from time to time for supporting their growth plans. The present market price of this company may be valued at $300-350 million, as a quantum of the proposed fund to be raised.

 This company was first started in 1933, in a place called Gittikhadan which is located on the outskirts of Nagpur. In the 1970s, a new phase of growth was experienced by this company when the second generation of the family joined in its business. For the time being, this company is having an enormous dairy business of processing capacity of 5 lakh litres per day. Further, this company is having its business outstretched in parts of Maharashtra, Gujarat, Goa, Andhra Pradesh, UP, Karnataka, Rajasthan, MP, Chhattisgarh, Orissa and Jharkhand. In the midst of 2002 and 2010, certain new dairy products of Dinshaw’s Dairy Foods like paneer, ghee, curd and milk powder also came into being.

According to the statistical data shown by the National Dairy Development Board, there will be a compound annual growth rate in milk by 5% from 138 million tons in 2014 to 200 million tons in 2022.It has been aforementioned by the senior dairy analyst and assistant vice president , food and agribusiness research and advisory at Rabobank, Shiva Mugdil that, the Indian dairy sector will be undergoing a massive growth in its consumption which will be strongly driven by the formalization of the market from loose to packaged goods and also by the growth of the value added dairy segment.

In a word, it may be concluded that, it has been found that the Dinshaw’s Dairy Foods Ltd is having a game plan of raising $100-120 million in private equity capital. . It has been notified by the Managing Director of Dinshaw’s Dairy Foods, Jimmy Rana, that, they are in a position of promoting various fund raising options together with debt and equity from time to time for supporting their growth plans. It has been aforementioned by the senior dairy analyst and assistant vice president, food and agribusiness research and advisory at Rabobank, Shiva Mugdil that, the Indian dairy sector will be undergoing a massive growth in its consumption.

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