Tapi Fruit Processing Limited
NSE SME₹144,000 / 3000 Shares
Tapi Fruit Processing Limited IPO Details
The Tapi Fruit Processing Limited IPO price band is set between ₹48 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 12 Sep, 2022 and closes on 14 Sep, 2022. Investors can check the allotment status on 19 Sep, 2022, while the listing date is tentatively scheduled for 22 Sep, 2022.
The total issue size is 1,086,000 shares of ₹10, aggregating up to ₹5.21 Cr. Stay tuned for the latest Tapi Fruit Processing Limited IPO review and GMP updates.
Tapi Fruit Processing Limited IPO Review, Rating & Analysis
Tapi Fruit Processing Limited IPO Review
NO REVIEWTapi Fruit Processing Limited IPO Rating
Tapi Fruit Processing Limited IPO Highlights
IPO Date
Sep 12, 2022 - Sep 14, 2022
Listing Date
22 Sep, 2022
Face Value
₹10 Per Equity Share
Price Band
₹48 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Tapi Fruit Processing Limited IPO Lot Size
The minimum market lot for Tapi Fruit Processing Limited IPO is 3000 shares with an application amount of ₹1,44,000. 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 | ₹1,44,000 |
| Retail (Max) | 1 | 3000 | ₹1,44,000 |
| S-HNI (Min) | 2 | 6000 | ₹2,88,000 |
| S-HNI (Max) | 6 | 18000 | ₹8,64,000 |
| B-HNI (Min) | 7 | 21000 | ₹10,08,000 |
Tapi Fruit Processing Limited IPO Timeline
Issue Price
₹48 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt LtdLead Manager
Fedex Securities LimitedIssue Size
1,086,000 shares of ₹10(aggregating up to ₹5.21 Cr)Tapi Fruit Processing Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 20 | 589.18 | 1145.69 | -0.86 | - | - | - |
| 31 Mar 21 | 737.4 | 1312.5 | 10.06 | - | - | - |
| 31 Mar 22 | 802.88 | 1522.09 | 15.6 | - | - | - |
All values are in ₹ Lakh
Promoters & Share Holding
Promoter(s) Name
- Ghanshyambhai Laljibhai Lukhi
- Ashokkumar Laljibhai Lukhi
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 99.94% | % |
About Company
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.
Tapi Fruit Processing Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 513,000 | 513,000 | 1,026,000 |
Day 1 -12-09-22 06:00 PM | 0.18 x | 0.23 x | 0.21 x |
Day 2 -13-09-22 06:00 PM | 0.32 x | 1.16 x | 0.74 x |
Day 3 -14-09-22 06:00 PM | 1.93 x | 3.32 x | 2.62 x |
Frequently Asked Questions about Tapi Fruit Processing Limited IPO
When will Tapi Fruit Processing Limited IPO open for subscription?
The Tapi Fruit Processing Limited IPO opens on 12 Sep, 2022 and closes on 14 Sep, 2022.
What is the investors portion for Tapi Fruit Processing Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 513000.
How to apply for Tapi Fruit Processing Limited IPO?
You can apply for Tapi Fruit Processing 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 Tapi Fruit Processing Limited IPO?
The issue size of Tapi Fruit Processing Limited IPO is approx ₹1,086,000 shares of ₹10(aggregating up to ₹5.21 Cr) crores.
What is the price band of Tapi Fruit Processing Limited IPO?
The price band for Tapi Fruit Processing Limited IPO is ₹48 per equity share to ₹undefined.
What is the lot size of Tapi Fruit Processing Limited IPO?
The minimum bid (lot size) for Tapi Fruit Processing Limited IPO is N/A shares with an investment of approx ₹144,000 .
What is the allotment date of Tapi Fruit Processing Limited IPO?
The allotment date for Tapi Fruit Processing Limited IPO is 19 Sep, 2022.
What is the listing date of Tapi Fruit Processing Limited IPO?
The listing date for Tapi Fruit Processing Limited IPO is expected to be 22 Sep, 2022.
What is the GMP of Tapi Fruit Processing Limited IPO?
The latest Grey Market Premium (GMP) for Tapi Fruit Processing 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.