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Tapi Fruit Processing IPO IPO

Mainline12 Sep 202214 Sep 2022
Open
12 Sep 2022
Close
14 Sep 2022
3
Allotment
Listing
Thu, Sep 22, 2022
Price Band
₹48 per share
Issue Size
10,86,000 shares (agg. up to ₹5 Cr)
Lot Size
3,000 Shares
Listing Date
Thu, Sep 22, 2022
Latest GMP
₹1
Est. Gain
2.08%
✦ AI Insight

GMP Trend

22-09-20221Est. ₹49+2.08%
21-09-20221Est. ₹49+2.08%
20-09-20221Est. ₹49+2.08%

Live Subscription

CategorySubscription (times)
Total2.52x

Restated Financials (₹ Cr.)

Period Ended31 Mar 202231 Mar 202131 Mar 2020
Assets8.037.375.89
Total Income15.2213.1311.46
Profit After Tax0.160.10-0.01
NET Worth0.430.270.17
Reserves and Surplus0.180.02-0.08
Amount in ₹ Crore

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Meeting incremental working capital requirements1.97
2Repayment / prepayment of certain borrowings availed by our Company1.35
3General corporate purposes1.15

About Tapi Fruit Processing IPO

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 believes they are among the few organized players in the Candied Fruit & Fruit Jellies segment of confectionaries with a well-established distribution network. Wide sprea

Contact Details

Tapi Fruit Processing Ltd. AddressOffice No.-212 to 214Sunrise Chambers, Near Ashok ColonyMini Bazar, Varachha RoadSurat, Gujarat, 3950069825503717cs@tapifood.comVisit Website