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Tanvi Foods IPO IPO

Mainline17 Feb 201722 Feb 2017
Open
17 Feb 2017
Close
22 Feb 2017
3
Allotment
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

CategorySubscription (times)
Total1.56x

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Long term working capital requirement3.50
2Expenditure for General Corporate Purposes0.17

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