HomeIPO SMETapi Fruit Processing IPO Details

Tapi Fruit Processing IPO Details

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Subscription StatusAllotment StatusListing Date

Tapi Fruit Processing IPO subscription is to open on Sep 12, 2022 and close on Sep 14, 2022, the price band of the Tapi Fruit Processing IPO is fixed at ₹ 48. Tapi Fruit Processing is engaged in the Manufacturer of Jelly Based Fruit Products.

Tapi Fruit Processing IPO

About Tapi Fruit Processing

Tapi Fruit Processing is engaged in the Manufacturer of Jelly Based Fruit Products. The diversified product portfolio includes five categories

  • Candied, Crystallised and Glazed Fruit and Vegetable Products
  • Fruit Bar, Jellies, Fruit Jam & Fruit Leathers (“Fruit Jellies”)
  • Chutney & Sauces
  • Beverages
  • Nutraceutical Products

All the products are manufactured in-house at the manufacturing facilities located in Pipodara village, Distt. Surat, Gujarat

Objects of the Issue

  • Meeting incremental working capital requirements
  • Repayment/prepayment of certain borrowings availed by the company
  • General corporate purposes

Tapi Fruit Processing Limited Financials:

Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in lakh)
  31-Mar-22 31-Mar-21 31-Mar-20
Total Assets 802.88 737.40 589.18
Total income 1,522.09 1,312.50 1,145.69
Total Expenses 1,500.35 1,301.45 1,140.30
Profit After Tax 15.60 10.06 (0.86)

Tapi Fruit Processing IPO Details

DescriptionIPO Details
Public IssueInitial Public Issue of upto 10,86,000 Equity Shares of ₹ 10 (aggregating up to ₹ 521.28 lakhs)
Issue Open  Date12-Sep-22
Issue Close Date14-Sep-22
Issue TypeFixed Price
IPO Price Band₹ 48
Face Value ₹ 10
Market Lot 3000 Equity Shares and in multiples thereof
Minimum Order Quantity 3000 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing NSE SME
NSE SymbolTAPIFRUIT
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Tapi Fruit IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum13000₹ 1,44,000
Maximum13000₹ 1,44,000

Tapi Fruit IPO Lead Managers

  • Fedex Securities Private Limited

Tapi Fruit IPO Registrar

Tapi Fruit IPO Allotment Date, Listing Date and other Important Dates

DetailsDate
Bid / Offer Opens on12-Sep-22
Bid / Offer Closes on14-Sep-22
Finalisation of Basis of Allotment19-Sep-22
Initiation of refunds 20-Sep-22
Credit of the Equity Shares21-Sep-22
Listing Date22-Sep-22

Company Registered Office

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Office No.- 212 to 214,
Sunrise Chambers, Near Ashok Colony,
Mini Bazar, Varachha Road,
Surat – 395006,
Gujarat, India.
Website: www.tapifood.com

Company Promoters

  • Ghanshyambhai Laljibhai Lukhi
  • Ashokkumar Laljibhai Lukhi

Tapi Fruit IPO FAQS

What is the Tapi Fruit IPO Price?

The Tapi Fruit IPO price band is 48 per share

When will Tapi Fruit IPO open?

The Tapi Fruit IPO opens on Sep 12, 2022 and closes on Sep 14, 2022

What is the lot size of Tapi Fruit Processing IPO?

The Tapi Fruit Processing IPO lot size is 3000 Equity Shares and the minimum order quantity is 3000 Equity Shares

Who is the Registrar for Tapi Fruit Processing IPO?

The Registrar for Tapi Fruit Processing IPO is Bigshare Services Private Limited

How to apply for Tapi Fruit Processing IPO through UPI?

Check the step-by-step process here – Click here

How to apply for Tapi Fruit Processing IPO through Zerodha?

Check the step-by-step process here – Click here

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