Apex Frozen Foods’ IPO to open on August 22
Aaj mai phela post karne jar ha hu IPO ke bare me to hum log start karte hai ki ke overview ke bare me.
Head quartered – Kakinada, Andhra pradesh
- Yahe ek aisi big company hai jo aquaculture (मतशय्य पालन) ka production aur export ke business karne ka kaam karti hai.
- Is company ka basically kaam hai hatchery, farming, pre-processing, processing aquaculture product ka business karti hai. Aur isme major product white shrimp ko export karta hai.
- Is company ki kuch khash baat ye hai ki ye apne product branded kuch company bay fresh, by harvest and premium ko hi sold karta hai. aur unhi ke sath apne business ko age ke traf proceed karti hai.
- Is company ke pass 1032 acres ka land hai, Jisme wo apna business karti hai like as, farming and hatchery ke kaam karti hai.
- Aur baat kare is company ki capacity ki to per year approxmiately 9240 MTPA capacity hai, aur unki ki facility Kakinada ke Andhra Pradesh me hai.
- Mainly is company ka kaam European, UK, USA country me hai. Ye ek food company hai jo retail chains, resturants ko distribute karti hai.
Company Promoters –
Company ke two promoters hai.
- Karuturi Satyanarayana Murthy.
- Karuturi Subrahmanya Chowdary.
Summary of financial Information
|Particulars||For the year/period ended (in Rs. Crore)|
|Profit After Tax||24.93||19.70||18.57||13.42||9.42|
Objects of the Issue:
The object of the issue are to:
- Setting up a new shrimp processing unit with a proposed capacity of 20,000 MT PA at East Godavari District, Andhra Pradesh (“Project”);
2. General Corporate purposes
Issue Detail –
- Issue Open: Aug 22, 2017 – Aug 24, 2017
Issue Type: Book Built Issue IPO
Issue Size: 8,700,000 Equity Shares of Rs 10 aggregating up to Rs 152.25 Cr
Face Value: Rs 10 Per Equity Share
Issue Price: Rs 171 – Rs 175 Per Equity Share
Market Lot: 80 Shares
Minimum Order Quantity: 80 Shares
Listing At: BSE, NSE
Tentative timetable in respect of the Office –
- Bid/Offer Opens On: August 22, 2017
- Bid/Offer Closes On: August 24, 2017
- Finalisation of Basis of Allotment: On or about August 30, 2017
- Initiation of refunds: On or about September 1, 2017
- Credit of Equity Shares to demat accounts: On or about September 1, 2017
- Commencement of trading of the Equity Shares on the Stock Exchanges: On or about September 04, 2017
NUMBER OF TIMES ISSUE IS SUBSCRIBED (BSE + NSE)
|As on Date||QIB||NII||RII||EMP||Total|
|Issue price / Floor Price (Rs)||171-175|
|Application per share (Rs)||175.00|
|Minimum investment amount (Rs)||14,000.00|
|Minimum bid (no of shares)||80|
|Maximum Shares for Retail||1120|
ISSUE DATE AND SIZE
|Issue size (Rs cr)||148.77 – 152.25|
|Mkt cap at issue price (Rs cr)||N.A.|
LEAD MANAGERS & REGISTRAR
|Karvy Investor Services Ltd||N.A.|
|Registrar||Bigshare Services Pvt Ltd|
SHARES ON OFFER
|Shares on Offer||Lakhs|
|Total shares offered||8.00|
|Of above, offered to public||N.A.|
|Post-issue promoters’ holding(%)||N.A.|
COMPANY FINANCIALS (RS CR)
|No of months||N.A.|
|Net profit / (loss)||N.A.|
Is company ka revenue mainly three country ke business se ata hai. Aur is company ka growth bhi bhaut accha hai. aur sabse jayde jo company ka profit is USA se ata hai uske baad UK and EUROPEAN ata hai .
USA – 85.64%
UK & EUROPEAN – 13.86%
FAVOURABE STATES FOR SHRIMP PRODUCTION
Aur iska sabse jayda karobar Andhra Pradesh me hai. kyoki waha ki government aquaculture business subsidy deti hai aur waha pe agriculture unit, processing unit set karne me benefits milta hai aur isko assani karne me aasni hoti hai. Aur sath me tax holiydays deta hai.
Aur state hum log dheke to Andhra Pradesh sabse jayde support karta hai.
AGAR APKO YE MERA POST ACCHA LGA TO JARUR COMMENT KARE, AUE SHARE KARE .