Lunch New IPO Apex Frozen Foods Ke Bare Me Puri Janakari Hindi me – 22 AUGUST

Hello friends

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.

Company overview

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.

Company Financials:

Summary of financial Information 

Particulars For the year/period ended (in Rs. Crore)
  31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13  
Total Assets 257.44 178.79 165.14 140.46 94.35  
Total Revenue 709.68 608.27 604.37 514.57 255.48  
Profit After Tax 24.93 19.70 18.57 13.42 9.42

Objects of the Issue:

The object of the issue are to:

  1. 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

EXPORTS

 

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 TERMS

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 opens 22-Aug-17
Issue closes 24-Aug-17
Listing on BSE,NSE
Issue size (Rs cr) 148.77 – 152.25
Mkt cap at issue price (Rs cr) N.A.

LEAD MANAGERS & REGISTRAR

Lead Manager E-mail
Karvy Investor Services Ltd N.A.
Registrar Bigshare Services Pvt Ltd
E-mail ipo@bigshareonline.com

SHARES ON OFFER

Shares on Offer Lakhs
Total shares offered 8.00
Of above, offered to public N.A.
Post-issue shares N.A.
Post-issue promoters’ holding(%) N.A.

COMPANY FINANCIALS (RS CR)

Financials Crore
No of months N.A.
Turnover N.A.
Net profit / (loss) N.A.
Borrowings N.A.

COMPANY REVENUE

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 .

SALES

USA –  85.64%

UK & EUROPEAN – 13.86%

FAVOURABE STATES FOR SHRIMP PRODUCTION

PRODUCTION RATE

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.

IPO kya hai

Aur state hum log dheke to Andhra Pradesh sabse jayde support karta hai.

STATE

AGAR APKO YE MERA POST ACCHA LGA TO JARUR COMMENT KARE, AUE SHARE KARE .

THANK YOU…

 

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