| IPO Listing At | NSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹5.21 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹5.21 Cr |
| Fresh Issue | ₹4.92 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน48.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | TAPIFRUIT |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Fedex Securities Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 3,000 shares and in multiples thereof
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 proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Meeting incremental working capital requirements | 1.97 |
| 2 | Repayment / prepayment of certain borrowings availed by our Company | 1.35 |
| 3 | General corporate purposes | 1.15 |
| Period Ended | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|
| Assets | 8.03 | 7.37 | 5.89 |
| Total Income | 15.22 | 13.13 | 11.46 |
| Profit After Tax | 0.16 | 0.10 | -0.01 |
| NET Worth | 0.43 | 0.27 | 0.17 |
| Reserves and Surplus | 0.18 | 0.02 | -0.08 |
| Amount in ₹ Crore | |||
| KPI | |
|---|---|
| Debt / Equity | 12.40% |
| RoNW | 36.26% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 6.24 | |
| P/E (x) | 120 | |
| Promoter Holding | 99.94% | |
| Market Cap | โน18.79 Cr. | |