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Tapi Fruit Processing Ltd.

Tapi Fruit Processing Ltd.

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹48
₹48
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹48
Based on GMP
Min. Investment
₹144,000
1 lot × 3000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
12 Sep 2022
Close Date
14 Sep 2022
Allotment
19 Sep 2022
Listing Date
22 Sep 2022
Exchange
NSE SME
Price Band
₹48
Listing Price
See chart
Allotment Status
Price Band
₹48
Per share
Face Value
₹10 per share
 
Lot Size
3,000 Shares
per lot
Issue Size
10,86,000 shares (aggregating up to ₹5.21 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹144,000
1 lot
Pre-IPO Holding
28,27,500 shares
Promoters
Post-IPO Holding
39,13,500 shares
Promoters
P/E (Pre)
120x
 
UPI Deadline
2022-09-14
Mandate
Anchor AllotmentSun, 11 Sep 2022
Basis of AllotmentMon, 19 Sep 2022
Refund InitiationTue, 20 Sep 2022
Demat CreditWed, 21 Sep 2022
Listing DayThu, 22 Sep 2022
UPI Mandate Deadline2022-09-14
Sale TypeFresh Capital
Net Offer to Public10,26,000 shares (aggregating up to ₹4.92 Cr)
Market Maker Quota60,000 shares (aggregating up to ₹0.2880 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Tapi Fruit Processing Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 14 Sep 2022.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
60,000
₹0.29
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
1,086,000
100% ₹5.21
IPO Shares Offered
Tapi Fruit Processing Ltd. IPO total issue size: ₹5.21 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 60,000 ₹0.29
5.52%
Total 1,086,000 ₹5.21
100.00%
* Based on upper price band ₹48 per share
Lot Size & Investment
Lot Size
3,000
Shares per Lot
Issue Price
₹48.00
Upper Band
Min Investment
₹144,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)26,000₹288,000
Retail (Max — 13 Lots)1339,000₹1,872,000
S-HNI (Min — 14 Lots)1442,000₹2,016,000
B-HNI (Min — 68 Lots)68204,000₹9,792,000
* Issue Price ₹48 × Lot Size 3,000 shares
IPO Schedule
Anchor
11 Sep 2022
✓ Done
IPO Open
12 Sep 2022
✓ Done
IPO Close
14 Sep 2022
✓ Done
Allotment
19 Sep 2022
✓ Done
Refunds
20 Sep 2022
✓ Done
Demat Credit
21 Sep 2022
✓ Done
Listing Day
22 Sep 2022
✓ Done
Tapi Fruit Processing Ltd. — Live Price LIVE
₹48.00
INR · NSE
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Issue ₹48.00 Live Price
About Tapi Fruit Processing Ltd.
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.Strengths :The company believes they are among the few organized players in the Candied Fruit & Fruit Jellies segment of confectionaries with a well-established distribution network.Wide spread and established sales and distribution network.The company has state-of-the-art manufacturing infrastructure, superior sourcing and stringent quality and food safety procedures.Diversified Product Portfolio.Experienced promoter and management team.
Objects of the Issue
1
1 Meeting incremental working capital requirements
2
2 Repayment / prepayment of certain borrowings availed by our Company
3
3 General corporate purposes
Tapi Fruit Processing Ltd. Financials (Amount in Lakhs)
Revenue from Operations
₹1,522.1
31-Mar-22
₹1,312.5
31-Mar-21
₹1,145.7
31-Mar-20
Profit After Tax (PAT)
₹15.6
31-Mar-22
₹10.1
31-Mar-21
-₹0.9
31-Mar-20
Particulars31-Mar-2031-Mar-2131-Mar-22
Revenue from Operations 1145.69 1312.50 1522.09
EBITDA N/A N/A N/A
Profit After Tax (PAT) -0.86 10.06 15.60
Net Worth 17.36 27.42 43.02
Total Assets 589.18 737.40 802.88
Reserves & Surplus -7.64 2.42 18.02
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered10,86,000 (100.00%)
Net Offer to Public10,26,000 shares (aggregating up to ₹4.92 Cr)
Reserved for Market Maker60,000 shares (aggregating up to ₹0.2880 Cr)
Pre-Issue Promoter Holding28,27,500 shares
Post-Issue Promoter Holding39,13,500 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Fedex Securities Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Tapi Fruit Processing Ltd. IPO subscribed?

Tapi Fruit Processing Ltd. IPO is subscribed 1.00 times by Sep 14, 2022. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Tapi Fruit Processing Ltd. IPO retail subscription status?

The Tapi Fruit Processing Ltd. IPO retail category is subscribed 1.00 times as of 14 Sep 2022. The retail portion is oversubscribed.

How to subscribe Tapi Fruit Processing Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 12 Sep 2022 and closes 14 Sep 2022. Min investment: ₹144,000 (1 lot = 3,000 shares). UPI mandate: 2022-09-14.

How many times Tapi Fruit Processing Ltd. IPO subscribed?

The Tapi Fruit Processing Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Tapi Fruit Processing Ltd. IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 19 Sep 2022. Refunds: on 20 Sep 2022.

When Tapi Fruit Processing Ltd. IPO will be listed?

The Tapi Fruit Processing Ltd. IPO listing date is 22 Sep 2022, Thursday. Listed on: NSE SME. Issue price: ₹48. Estimated listing: ₹48. GMP: NIL.

When Tapi Fruit Processing Ltd. IPO close?

The Tapi Fruit Processing Ltd. IPO closes on 14 Sep 2022, Wednesday. UPI mandate: 2022-09-14. Allotment: 19 Sep 2022. Listing: 22 Sep 2022.