
✓
Open
17 Feb 2017
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Close
22 Feb 2017
3
Allotment
—
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Listing
Thu, Mar 2, 2017
Price Band
₹60 per share
Issue Size
11,00,000 shares (agg. up to ₹7 Cr)
Lot Size
2,000 Shares
Listing Date
Thu, Mar 2, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.56x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Long term working capital requirement | 3.50 |
| 2 | Expenditure for General Corporate Purposes | 0.17 |
About Tanvi Foods IPO
Incorporated in 2007, Tanvi Foods (India) Limited engages in processing, trading, and distribution of food and beverages primarily in the states of Andhra Pradesh and Telangana.The company offers fresh corn, frozen corn, and green peas in loose, as well as packed form. It also prepares and sells corn based eatables, such as corn samosa’s, corn patties, and spring roll in loose/semi-finished form to caterers, as well as in packaged from to retailers and wholesalers. All of these packaged products are sold under own brand name "Frozen Kings".In addition to own brand products; it operates a diversified F&B product distribution and trading business wherein the company plays the role of an intermediary between other branded product manufacturers/marketers and end point of sales such as Retailers (including Kiranas and Modern Trade Outlets) and Institutional buyers (such as Hotels, Caterers, Multiplexes etc.). TFL also operates an independent Logistics/Infrastructure services business which in addition to supporting own F&B distribution business also provides Pan India Logistics services to other distributors and players. Company’s logistics/infra services business vertical includes prov
Contact Details
Tanvi Foods (India) Ltd. AddressNo.7-2-4/D, Old Canteen BuildingSanathnagar Industrial EstateHyderabad, Telangana, 500018+91 40 23817299investors@tanvifoods.comVisit Website