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Euro India Fresh Foods IPO IPO

SME21 Mar 201724 Mar 2017
Open
21 Mar 2017
Close
24 Mar 2017
3
Allotment
Listing
Fri, Mar 31, 2017
Price Band
₹78 per share
Issue Size
65,71,200 shares (agg. up to ₹51 Cr)
Lot Size
1,600 Shares
Listing Date
Fri, Mar 31, 2017
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Live Subscription

CategorySubscription (times)
Total1.10x

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Tanvi Foods (India) Ltd.SME₹6.60 Cr₹60null₹60.25+0.42%₹58.80 (-3.23%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Repayment of certain unsecured borrowings availed by the Company17.77
2Working Capital Requirements10.00
3General Corporate Purposes8.57

About Euro India Fresh Foods IPO

Incorporated in 2009, Euro India Fresh Foods Ltd is an Indian based supplier and manufacturer of ready to eat products, chips, extruder, namkeen, snacks and juices. The product ranges from a wide variety of flavoured chips to beverages. Some of their products include, Euro Chips, Euro Namkeens, Euro Getmore, Euro Wheels, packaged drinking water Euro Spa, Euro’s mango drink Fresho and lemon based drink Euro Lemoni.EIFF is a well known Gujarat based company sell their products under its brand “Euro – Fresh Khao Healthy Raho”. While it manufactures chips, getmore (a variety of extruder snacks) and packaged drinking water, other products are manufactures by its group entities on their behalf. Namkeens are manufactured by both the parties. EIFF’s products comply with requisite food safety standards including ISO and FSSAI norms. For distribution channel it has 5 consignee depots, 93 super stockists and over 2800 distributors. So far it has covered 10 states in India and is in the process of setting up of its distribution network in Goa and Chhattisgarh.+ Read More

Contact Details

Euro India Fresh Foods Ltd. AddressPlot No.A-22/1G.I.D.C.IchhaporeSurat, Gujarat, 394510+91 261 2913021/41investor@euroindiafoods.comVisit Website