IPO

Tapi Fruit Processing Limited IPO

NSE SME

Listed On: Sep 22, 2022 at ₹ 52.10

₹ 288000 /6000 Shares
*Min Investment

Check Allotment

12 Sep, 2022

Open Date

14 Sep, 2022

Close Date

19 Sep, 2022

Allotment Date

22 Sep, 2022

Listing Date
Tapi Fruit Processing Limited IPO Issue Details
  • Issue Price ₹48 per equity share
  • Face Value ₹10 Per Equity Share
  • Issue Price 1,086,000 shares of ₹10(aggregating up to ₹5.21 Cr)
  • Listing at NSE SME
  • List Price 52.10
  • Listing Date 2022-09-22
  • Lead Manager Fedex Securities Limited
  • Registrar Bigshare Services Pvt Ltd
Tapi Fruit Processing Limited IPO Details
  • Retail Portion N/A
Tapi Fruit Processing Limited IPO Documents
Tapi Fruit Processing Limited IPO Details


Tapi Fruit Processing Limited IPO is an SME IPO, priced at ₹48 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 Sep 12, 2022 to Sep 14, 2022. The allotment is expected to be finalized on Sep 19, 2022, and the tentative listing date is Sep 22, 2022.


The registrar of the IPO is Bigshare Services Pvt Ltd, and

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Tapi Fruit Processing Limited IPO Subscription Analysis And Details
Retail
3.32x
Total
2.62x
As on QIB / NII Retail Total
Shares Offered / Reserved 513,000 513,000 1,026,000
Day 1 12-09-22 06:00 PM
0.18 x 0.23 x 0.21 x
Day 2 13-09-22 06:00 PM
0.32 x 1.16 x 0.74 x
Day 3 14-09-22 06:00 PM
1.93 x 3.32 x 2.62 x
Tapi Fruit Processing Limited Valuations
Earnings Per Share (EPS) ₹1.66/-
P/E Ratio N/A
RoNW 36.26%
Net Asset Value (NAV) - Post Issue ₹4.56/-
Tapi Fruit Processing Limited Company Financials
In Lakhs
In Lakh
31-Mar-20 31-Mar-21 31-Mar-22
Assets 589.18 737.4 802.88
Revenue 1145.69 1312.5 1522.09
Profit After Tax -0.86 10.06 15.6
About Tapi Fruit Processing Limited Company

Tapi Fruit Processing Limited is a Manufacturer of Jelly Based Fruit Products such as Candied, Crystallised and Glazed Fruits, Fruit Bar, Fruit Jellies, Fruit Jam & Fruit Leathers, Chutney & Sauces, Beverages, Fruit crush, Fruit Syrups and Nutraceutical products such as vitamin Gummies. The company was started in 1999 by its founder director Ghanshyam Lukhi as a Proprietorship firm namely Tapi Food Products.
The products of the company are manufactured in-house at the manufacturing facilities located in Pipodara village, Distt. Surat, Gujarat. Tapi Fruit Processing Limited has received several quality certifications and accreditations, including certification from the ISO 22000:2018 and the Food Safety and Standards Authority of India (FSSAI).
The company has developed a large pan-India distribution network and during the Financial Year ended March 31, 2022, the company distributed products across 28 states and Union Territories in India, through the widespread network of 60 super-stockist.

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Tapi Fruit Processing Limited - Promoter(s)

Ghanshyambhai Laljibhai Lukhi

Ashokkumar Laljibhai Lukhi

Pre Issue Share Holding : 99.94%

Post Issue Share Holding : %

Tapi Fruit Processing Limited IPO - Issue Objectives
1

Meeting incremental working capital requirements

2

Repayment / prepayment of certain borrowings availed by the Company

3

General corporate purposes