Tapi Fruit Processing Limited IPO
NSE SMEListed On: Sep 22, 2022 at ₹ 52.10
₹ 288000 /6000 Shares
*Min Investment
12 Sep, 2022
Open Date14 Sep, 2022
Close Date19 Sep, 2022
Allotment Date22 Sep, 2022
Listing DateIssue Price
₹48 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt LtdList Price
52.10Listing Date
2022-09-22Market Lot
3000 Shares (₹144,000/-)Lead Manager
Fedex Securities LimitedIssue Size
1,086,000 shares of ₹10(aggregating up to ₹5.21 Cr)Retail Portion
N/ASubscription
2.62 timesTapi 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.
Fedex Securities Limited is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and
Tapi Fruit Processing Limited IPO Subscription Details
| 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/ARoNW
36.26%Net Asset Value (NAV) - Post Issue
₹4.56/-Tapi Fruit Processing Limited Company Financials All values are 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 The 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.
Tapi Fruit Processing Limited - Promoter(s)
Pre Issue Share Holding: 99.94%
Post Issue Share Holding: %
- Ghanshyambhai Laljibhai Lukhi
- Ashokkumar Laljibhai Lukhi
Tapi Fruit Processing Limited IPO - Issue Objectives
- Meeting incremental working capital requirements
- Repayment / prepayment of certain borrowings availed by the Company
- General corporate purposes
Tapi Fruit Processing Limited IPO - FAQs
Ans. Tapi Fruit Processing Limited IPO is a SME IPO. The issue is priced at ₹48 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Sep 12, 2022, and closes on Sep 14, 2022. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Tapi Fruit Processing Limited IPO opens on Sep 12, 2022 and closes on Sep 14, 2022.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Tapi Fruit Processing Limited IPO is 1,086,000 shares of ₹10(aggregating up to ₹5.21 Cr).
Ans. The IPO price band is set between ₹48 per equity share.
Ans. To apply for Tapi Fruit Processing Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Tapi Fruit Processing 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 Tapi Fruit Processing Limited IPO is Sep 19, 2022.
Ans. The Tapi Fruit Processing Limited IPO will be listed on Sep 22, 2022.
Ans. Follow the steps to check the allotment status for Tapi Fruit Processing Limited IPO here.
