
Annapurna Swadisht Limited
NSE SME₹1,40,000 / 2000 Shares
Annapurna Swadisht Limited IPO Details
The Annapurna Swadisht Limited IPO price band is set between ₹68-70 per equity share, with a face value of ₹10 per share. The issue is managed by Skyline Financial Services Private Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 15 Sep, 2022 and closes on 19 Sep, 2022. Investors can check the allotment status on 23 Sep, 2022, while the listing date is tentatively scheduled for 27 Sep, 2022.
The total issue size is 4,322,000 shares of ₹10, aggregating up to ₹30.25 Cr. Stay tuned for the latest Annapurna Swadisht Limited IPO review and GMP updates.
Annapurna Swadisht Limited IPO Review, Rating & Analysis
Annapurna Swadisht Limited IPO Review
NO REVIEWAnnapurna Swadisht Limited IPO Rating
Annapurna Swadisht Limited IPO Highlights
IPO Date
Sep 15, 2022 - Sep 19, 2022
Listing Date
27 Sep, 2022
Face Value
₹10 Per Equity Share
Price Band
₹68-70 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Annapurna Swadisht Limited IPO Lot Size
The minimum market lot for Annapurna Swadisht Limited IPO is 2000 shares with an application amount of ₹1,40,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹1,40,000 |
| Retail (Max) | 1 | 2000 | ₹1,40,000 |
| S-HNI (Min) | 2 | 4000 | ₹2,80,000 |
| S-HNI (Max) | 7 | 14000 | ₹9,80,000 |
| B-HNI (Min) | 8 | 16000 | ₹11,20,000 |
Annapurna Swadisht Limited IPO Timeline
Issue Price
₹68-70 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Skyline Financial Services Private LtdLead Manager
Corporate CapitalVentures Pvt LtdIssue Size
4,322,000 shares of ₹10(aggregating up to ₹30.25 Cr)Annapurna Swadisht Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 20 | 435.88 | 1374.55 | 34.29 | - | - | - |
| 31 Mar 21 | 1144.49 | 2029.99 | 51.13 | - | - | - |
| 31 Mar 22 | 3082.61 | 1183.42 | 55.39 | - | - | - |
| 30 Jun 22 | 5028.45 | 2905.63 | 130.93 | - | - | - |
All values are in ₹ Lakh
Promoters & Share Holding
Promoter(s) Name
- Ritesh Shaw
- Shreeram Bagla
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 70.37% | 51.85% |
About Company
Incorporated in 2015, Annapurna Swadisht Limited is a manufacturer of snacks and food products, namely, Fryums, cakes, candy, namkeen, chips and Gohona Bori.
Annapurna Swadisht Limited sells more than 12 Lakh packets of products daily. The company is one of the largest FMCG players in Eastern India and we are the fastest growing segment in Fryums, Cakes, Candies, Namkeen and Potato Chips.
Annapurna Swadisht Limited has two manufacturing units one in Asansol with a constructed area of approx. 50,142 sq. ft. and in Siliguri with a constructed area of approx. 35,000 sq. The daily production capacity of the Asansol manufacturing unit is 15 MT of Fryums, whereas the daily production capacity of the manufacturing unit at Siliguri is 10 MT of Fryums.
The company's products are marketed under the own brand names Jackpot, Chatpata Moon, Balloon, Finger, Rambo, Makeup Box, Dhamaka, Phoochka, Jungle Adventures, Ringa, Bachpan Ka Pyaar, Kurchure, Cream Filled Cake Vanilla, Cream Filled Cake Litchi, among others.
Annapurna Swadisht Limited has been certified by Food Safety and Standards Authority of India (FSSAI) for the quality management systems of our Company about our products.
As of the Red Herring Prospectus, the company has employed 235 employees including administrative staff, skilled, semi-skilled and unskilled labour and has 225 employees on a contractual basis as of July 31, 2022. As of June 30, 2022, The company's distribution network included 300 nos. of Distributors and 80 Super Distributors.
Annapurna Swadisht Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 2,050,000/616,000 | 1,440,000 | 4,106,000 |
Day 1 -15-09-22 06:00 PM | 0.00/3.58 x | 14.39 x | 5.59 x |
Day 2 -16-09-22 06:00 PM | 0.03/13.37 x | 44.93 x | 17.78 x |
Day 3 -19-09-22 06:00 PM | 18.34/301.13 x | 225.53 x | 133.43 x |
Frequently Asked Questions about Annapurna Swadisht Limited IPO
When will Annapurna Swadisht Limited IPO open for subscription?
The Annapurna Swadisht Limited IPO opens on 15 Sep, 2022 and closes on 19 Sep, 2022.
What is the investors portion for Annapurna Swadisht Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 1440000.
How to apply for Annapurna Swadisht Limited IPO?
You can apply for Annapurna Swadisht Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Annapurna Swadisht Limited IPO?
The issue size of Annapurna Swadisht Limited IPO is approx ₹4,322,000 shares of ₹10(aggregating up to ₹30.25 Cr) crores.
What is the price band of Annapurna Swadisht Limited IPO?
The price band for Annapurna Swadisht Limited IPO is ₹68 to ₹70 per equity share.
What is the lot size of Annapurna Swadisht Limited IPO?
The minimum bid (lot size) for Annapurna Swadisht Limited IPO is N/A shares with an investment of approx ₹1,40,000 .
What is the allotment date of Annapurna Swadisht Limited IPO?
The allotment date for Annapurna Swadisht Limited IPO is 23 Sep, 2022.
What is the listing date of Annapurna Swadisht Limited IPO?
The listing date for Annapurna Swadisht Limited IPO is expected to be 27 Sep, 2022.
What is the GMP of Annapurna Swadisht Limited IPO?
The latest Grey Market Premium (GMP) for Annapurna Swadisht Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.
