Empyrean Cashews Limited IPO
NSE SMEListed On: Mar 31, 2022 at ₹ 42.0
₹ 222000 /6000 Shares
*Min Investment
21 Mar, 2022
Open Date23 Mar, 2022
Close Date28 Mar, 2022
Allotment Date31 Mar, 2022
Listing DateIPO Issue Details
- Issue Price ₹37 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 5,247,000 Eq Shares of ₹10(aggregating up to ₹19.41 Cr)
- Listing at NSE SME
- List Price 42.0
- Listing Date 2022-03-31
- Lead Manager Systematix Corporate Services Limited
- Registrar Purva Sharegistry India Pvt Ltd
IPO Details
- Retail Portion N/A
IPO Details
Empyrean Cashews Limited IPO is an SME IPO, priced at ₹37 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Mar 21, 2022 to Mar 23, 2022. The allotment is expected to be finalized on Mar 28, 2022, and the tentative listing date is Mar 31, 2022.
The registrar of the IPO is Purva Sharegistry India Pvt Ltd, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 2,491,500 | 2,491,500 | 4,983,000 |
Day 1 21-03-22 06:00 PM | 1.50 x | 0.27 x | 0.88 x |
Day 2 22-03-22 06:00 PM | 2.53 x | 0.97 x | 1.75 x |
Day 3 23-03-22 06:00 PM | 2.92 x | 1.63 x | 2.28 x |
Valuations
Company Financials
| 31-Oct-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|---|
| Assets | 21.91 | 21.56 | 16.41 | 16.10 |
| Revenue | 27.22 | 28.58 | 44.38 | 50.47 |
| Profit After Tax | 1.66 | 0.66 | 0.95 | 0.64 |
About Company
The company produces and sells cashews under the brand name Krishival Cashews. Incorporated in 2014, Empyrean Cashews Limited engages in the processing of raw cashew nuts into flavoured cashews.Empyrean Cashews Limited offers products on the domestic market with a network of more than thirty (30) distributors across India. The company product portfolio includes different flavours of cashews such as salted, pepper, chilli and assorted - all offered in different grades and packaging formats.The company products are available on Flipkart, Messho and India Mart.Empyrean Cashews has processing and packaging units in Village Halkarni and Village Shinoli, Kolhapur, Maharashtra. The company also has one subsidiary namely, Siddhivinayak Cashew Industries Private Limited.
Read More- Promoter(s)
Aparna Morale Bangar
Nana Prakash Mhaske
Anant Pandurang Kulkarn
Pre Issue Share Holding : 56.99%
Post Issue Share Holding : 41.88%
IPO - Issue Objectives
To meet the Working Capital Requirements.
General Corporate Purposes.
To meet the Issue Expenses.
IPO - FAQs
Ans. Empyrean Cashews Limited IPO is a SME IPO. The issue is priced at ₹37 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Mar 21, 2022, and closes on Mar 23, 2022. Purva Sharegistry India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Empyrean Cashews Limited IPO opens on Mar 21, 2022 and closes on Mar 23, 2022.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Empyrean Cashews Limited IPO is 5,247,000 Eq Shares of ₹10(aggregating up to ₹19.41 Cr).
Ans. The Empyrean Cashews Limited IPO price band is set between ₹37 per equity share.
Ans. To apply for Empyrean Cashews Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Empyrean Cashews Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Empyrean Cashews Limited IPO is Mar 28, 2022.
Ans. The Empyrean Cashews Limited IPO will be listed on Mar 31, 2022.
Ans. Follow the steps to check the Empyrean Cashews Limited IPO allotment status online.
