Tapi Fruit Processing Limited IPO - Review, Status, Price, Open Date, Allotment, Lot Size

 

Tapi Fruit Processing Limited IPO

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Tapi Fruit Processing Limited IPO

Tapi Fruit Processing Limited was incorporated in the year 1999 and is India’s first fruit processing industry having commercial application of renewable solar energy since 2007 and promoting large number of rural empowerments. Over the years, this companys has developed PAN-India distribution network and well-established brand that has enabled them to increase market penetration and expand footprint across India and exports in more than 20 countries worldwide.

Tapi Fruit Processing has successful track record of over two decades in the Indian food industry which has enabled them to develop an effective sustainable business model with stringent control over processes, including raw ingredient procurement, manufacturing operations, inventory management across large range of products and SKUs, management of distribution logistics across India.

Company Promoters:
• Ghanshyambhai Laljibhai Lukhi
• Ashokkumar Laljibhai Lukhi

Objects of this Issue:
• Repayment/ prepayment of certain borrowings availed by the company.
• To meet the incremental working capital requirements.
• General Corporate Purposes.

Financial Information of the Company:

 Particulars

Amount in Lakhs (Rs.)

As on 31 Mar 2022

As on 31 Mar 2021

As on 31 Mar 2020

Total Assets

802.88

737.40

589.18

Total Equity and Liabilities

802.88

737.40

589.18

Net Profit

15.60

10.06

(0.86)

The offer:

Particulars

Shares Available for allotment

Issue Reserved for the Market maker

60,000 Equity shares

 

Net Issue to the Public

Retail Investors Portion

5,13,000 Equity shares

Non-Retail Investors Portion

5,13,000 Equity shares

Net offer size

10,86,000 Equity shares

Tapi Fruit Processing Limited IPO Details

Issue Open

12 Sep 2022

Issue Close

14 Sep 2022

IPO Price

₹48 per equity share

Face Value

₹10 per equity share

IPO Size

₹5.21 Cr.

Listing At

NSE SME

IPO Lot Size

3000 Shares

Tapi Fruit Processing Limited IPO Promoter Holdings:

Pre-Issue Share Holding

99.94%

Post-Issue Share Holding

 

Tapi Fruit Processing Limited IPO Schedule
1. Bid or Offer Opens on: 12 Sep 2022
2. Bid or Offer Closes on: 14 Sep 2022
3. Finalization of BoA: 19 Sep 2022
4. Initiation of Refunds: 20 Sep 2022
5. Credit of shares to Demat account: 21 Sep 2022
6. Listing Date: 22 Sep 2022

Tapi Fruit Processing Limited IPO Lot Size
Market lot size of the Tapi Fruit Processing Limited IPO is 3000 shares. Minimum and maximum order quantity is as follows:

Application

Lots

Shares

Amount

Minimum

1

3000

₹1,44,000

Maximum

1

3000

₹1,44,000

Company Contact Details:
Tapi Fruit Processing Limited
Office No. - 212 to 214, Sunrise Chambers,
Near Ashok Colony, Mini Bazar, Varachha Road,
Surat - 395006, Gujarat, India.

Phone: 9825503717
Email: cs@tapifood.com
Website: https://www.tapifood.com/

Tapi Fruit Processing Limited IPO Registrar Details:
Bigshare Services Private Limited
Office No. S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali Caves Road,
Andheri (East), Mumbai – 400093.

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Frequently Asked Question

Pre-issue shareholding of the Tapi Fruit Processing IPO promoter is 99.94%.
Opening date of Tapi Fruit Processing IPO is Sep 12, 2022.
Tapi Fruit Processing Shares will get listed at NSE SME.
Minimum and maximum order quantity is same i.e., 1 lot only.
Tapi Fruit Processing IPO shares will get listed on Sep 22, 2022.
If you do not get the allotment of Tapi Fruit Processing IPO shares, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
Per share price of Tapi Fruit Processing IPO is ₹48.
Lot size of the Tapi Fruit Processing IPO is 3000 shares.
If allotted, you will receive Tapi Fruit Processing IPO shares in your demat account on Sep 21, 2022.
Face value of Tapi Fruit Processing IPO is ₹10 per share.
Closing date of Tapi Fruit Processing IPO is Sep 14, 2022.
IPO application is an online process by using UPI or ASBA as payment method. ASBA IPO application is already available in the net banking of your respective bank account and UPI application is offered by your Stock broker, you can invest in Tapi Fruit Processing IPO using any one of these method as per your convenience.