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Tapi Fruit Processing Ltd

Tapi Fruit Processing Ltd

    Registered Office : Office No212to214 SunriseCham.,Near Ashok Colony Mini Bazar,Surat Gujarat 395006 Phone : 91-0261-9825503717
    Fax :

    Email : cs@tapifood.com

    Website : www.tapifood.com

Initial public issue of 10,86,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Tapi Fruit Processing Limited ("The Company" or the "Issuer") for cash at a price of Rs. 48 per equity share (the "Issue Price"), (including a premium of Rs. 38 per equity share), aggregating Rs. 5.21 crores ("The Issue"), of which 60,000 equity shares of face value of Rs. 10/- for cash at a price of Rs. 48 each aggregating Rs. 0.29 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 10,26,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 48 per equity share, aggregating to Rs. 4.92 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 27.75 % and 26.22% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price is 4.8 times of the face value.

Issue

Opens On

Closes On

12-Sep-2022

14-Sep-2022

Money Payable On

Application

Allotment

48.00

0.00

Minimum Application for shares in Nos : 3000.0 Further Multiples of : 3000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

4.46

5.21

3.91

48.00

Fedex Securities Pvt Ltd

Projects
  • Meeting incremental working capital requirements
  • Repayment/prepayment of certain borrowings availed by the company
  • General corporate purposes
Promoted By
  • Ghanshyambhai Laljibhai Lukhi
  • Ashokkumar Laljibhai Lukhi
Listing At
  • NSE - SME
Registrar to the Issue
  • Bigshare Services Pvt Ltd