Empyrean Cashews Limited IPO
NSE SME₹111,000 / 3000 Shares
Empyrean Cashews Limited IPO Details
The Empyrean Cashews Limited IPO price band is set between ₹37 per equity share, with a face value of ₹10 per share. The issue is managed by Purva Sharegistry India Pvt Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 21 Mar, 2022 and closes on 23 Mar, 2022. Investors can check the allotment status on 28 Mar, 2022, while the listing date is tentatively scheduled for 31 Mar, 2022.
The total issue size is 5,247,000 Eq Shares of ₹10, aggregating up to ₹19.41 Cr. Stay tuned for the latest Empyrean Cashews Limited IPO review and GMP updates.
Empyrean Cashews Limited IPO Review, Rating & Analysis
Empyrean Cashews Limited IPO Review
NO REVIEWEmpyrean Cashews Limited IPO Rating
Empyrean Cashews Limited IPO Highlights
IPO Date
Mar 21, 2022 - Mar 23, 2022
Listing Date
31 Mar, 2022
Face Value
₹10 Per Equity Share
Price Band
₹37 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Empyrean Cashews Limited IPO Lot Size
The minimum market lot for Empyrean Cashews Limited IPO is 3000 shares with an application amount of ₹1,11,000. 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 | 3000 | ₹1,11,000 |
| Retail (Max) | 1 | 3000 | ₹1,11,000 |
| S-HNI (Min) | 2 | 6000 | ₹2,22,000 |
| S-HNI (Max) | 9 | 27000 | ₹9,99,000 |
| B-HNI (Min) | 10 | 30000 | ₹11,10,000 |
Empyrean Cashews Limited IPO Timeline
Issue Price
₹37 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Purva Sharegistry India Pvt LtdLead Manager
Systematix Corporate Services LimitedIssue Size
5,247,000 Eq Shares of ₹10(aggregating up to ₹19.41 Cr)Empyrean Cashews Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Oct 21 | 21.91 | 27.22 | 1.66 | - | - | - |
| 31 Mar 21 | 21.56 | 28.58 | 0.66 | - | - | - |
| 31 Mar 20 | 16.41 | 44.38 | 0.95 | - | - | - |
| 31 Mar 19 | 16.10 | 50.47 | 0.64 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Aparna Morale Bangar
- Nana Prakash Mhaske
- Anant Pandurang Kulkarn
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 56.99% | 41.88% |
About Company
The company produces and sells cashews under the brand name Krishival Cashews. Incorporated in 2014, Empyrean Cashews Limited engages in the processing of raw cashew nuts into flavoured cashews.Empyrean Cashews Limited offers products on the domestic market with a network of more than thirty (30) distributors across India. The company product portfolio includes different flavours of cashews such as salted, pepper, chilli and assorted - all offered in different grades and packaging formats.The company products are available on Flipkart, Messho and India Mart.Empyrean Cashews has processing and packaging units in Village Halkarni and Village Shinoli, Kolhapur, Maharashtra. The company also has one subsidiary namely, Siddhivinayak Cashew Industries Private Limited.
Empyrean Cashews Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 2,491,500 | 2,491,500 | 4,983,000 |
Day 1 -21-03-22 06:00 PM | 1.50 x | 0.27 x | 0.88 x |
Day 2 -22-03-22 06:00 PM | 2.53 x | 0.97 x | 1.75 x |
Day 3 -23-03-22 06:00 PM | 2.92 x | 1.63 x | 2.28 x |
Frequently Asked Questions about Empyrean Cashews Limited IPO IPO
When will Empyrean Cashews Limited IPO open for subscription?
The Empyrean Cashews Limited IPO opens on 21 Mar, 2022 and closes on 23 Mar, 2022.
What is the investors portion for Empyrean Cashews Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 2491500.
How to apply for Empyrean Cashews Limited IPO?
You can apply for Empyrean Cashews 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 Empyrean Cashews Limited IPO?
The issue size of Empyrean Cashews Limited IPO is approx ₹5,247,000 Eq Shares of ₹10(aggregating up to ₹19.41 Cr) crores.
What is the price band of Empyrean Cashews Limited IPO?
The price band for Empyrean Cashews Limited IPO is ₹37 per equity share to ₹undefined.
What is the lot size of Empyrean Cashews Limited IPO?
The minimum bid (lot size) for Empyrean Cashews Limited IPO is N/A shares with an investment of approx ₹111,000 .
What is the allotment date of Empyrean Cashews Limited IPO?
The allotment date for Empyrean Cashews Limited IPO is 28 Mar, 2022.
What is the listing date of Empyrean Cashews Limited IPO?
The listing date for Empyrean Cashews Limited IPO is expected to be 31 Mar, 2022.
What is the GMP of Empyrean Cashews Limited IPO?
The latest Grey Market Premium (GMP) for Empyrean Cashews 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.