Friday, May 3, 2024

Italian Edibles IPO Date, Review, Price, Allotment Details

Italian Edibles’ confectionery merchandise are offered PAN India, majorly in rural and semi-urban spaces of Andhra Pradesh, Assam, Bihar, Chhattisgarh, Delhi, Gujarat, Haryana, Himachal Pradesh, Jammu & Kashmir, Jharkhand, Karnataka, Kerela, Madhya Pradesh, Maharashtra, Odisha, Punjab, Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh, Uttarakhand, West Bengal and thru native wholesalers and vendors situated in those spaces. Their shopper segments in large part come with youngsters, younger adults, and kids situated in rural and semi-urban spaces of India.

Apart from promoting their confectionery merchandise inside of India, additionally they export to more than a few international locations reminiscent of Nigeria, Yemen, Sinegal, and Sudan. As of August 31, 2023, their best consumers come with Chocolate World, Yuvraj Agency, Bakewell Biscuits Private Limited, R. Okay. Prabhavati Tarders, Mamta Stores, Ma Laxmi Traders, Suria Distributor and so forth. Also, considered one of their product,i.e., Jelly Candies are offered to Dharpal Premchand Ltd (BABA) crew.

Over the years, they’ve advanced a big pan-India distribution community. As of August 31, 2023, they’d roughly 450 Suppliers and vendors situated throughout 22 states in India, and they’ve exported their merchandise thru a community of five service provider exporters. Their distribution community inside of India and outdoor India and well-established logo has enabled us to successfully organize business plan, and marketplace penetration and thereby building up their turnover through the years.

- Advertisement -

They have two operational production devices which might be operated by means of us and are situated in Gram Palda, Indore, and Prabhu Toll Kanta, Indore (Madhya Pradesh). Being strategically situated within the commercial house, procurement and transportation of uncooked fabrics are simple, fast, and cost-effective. Their production unit is FSAAI, ISO 22000:2018 and FIEO certificated. Their in-house production unit is easily provided with a mix of trendy, fully-automated, and semi-automated plant & equipment which allows us to fabricate their confectionery merchandise in an successfully managed approach and in addition be certain that constant high quality whilst production the confectionery merchandise. In addition, they manufacture a variety of goods beneath the personal labeling association with their consumers and are solely offered by means of 3rd events. However, they don’t have any collaboration with those firms. They promote their confectionery merchandise in retail and wholesale packs. Lollipops, Candies, and milk sweetmeat merchandise are to be had in Pet Jars, polypacks, and cardboard containers.

Objects of the Issue:

  • Setting up of the proposed production unit
  • Repayment of sure Borrowings
  • To meet incremental operating capital necessities
  • General Corporate Expenses

Italian Edibles IPO Review

- Advertisement -

Italian Edibles IPO Date & Price Band Details

IPO Open: February 2, 2024
IPO Close: February 7, 2024
IPO Size: Approx ₹26.66 Crores, 3,920,000 Equity Shares
Face Value: ₹10 Per Equity Share
IPO Price Band: ₹68 Per Equity Share
IPO Listing on: NSE SME
Retail Quota: 50% of the web be offering
NII Quota: 50% of the web be offering
DRHP Draft Prospectus: Click Here
RHP Draft Prospectus: Click Here

Italian Edibles IPO Market Lot

The Italian Edibles IPO minimal marketplace lot is 2000 stocks with a ₹136,000 software quantity.

Application Lot Size Shares Amount
Retail Minimum 1 2000 ₹136,000
Retail Maximum 1 2000 ₹136,000
S-HNI Minimum 2 4000 ₹272,000

Italian Edibles IPO Dates

The Italian Edibles IPO date is February 2 and the IPO shut date is February 7. The IPO allotment date is February 8 and the IPO would possibly checklist on February 12.

- Advertisement -
IPO Open Date: February 2, 2024
IPO Close Date: February 7, 2024
Basis of Allotment: February 8, 2024
Refunds: February 9, 2024
Credit to Demat Account: February 9, 2024
IPO Listing Date: February 12, 2024

You can test IPO subscription standing and IPO allotment standing on their respective pages.

Italian Edibles IPO Form

How to use Italian Edibles IPO? You can observe Italian Edibles IPO by means of ASBA to be had on your checking account. Just move to the net financial institution login and observe by means of your checking account by means of deciding on the Italian Edibles IPO within the Invest phase. The different choice you’ll be able to observe Italian Edibles IPO by means of IPO paperwork obtain by means of the NSE website online. Check out the Italian Edibles paperwork – click on NSE IPO Forms obtain, fill and post on your financial institution or along with your dealer.

Italian Edibles Company Financial Report

₹ in Crores
Year Revenue Expense PAT
2021 ₹48.99 ₹47.87 ₹0.87
2022 ₹75.45 ₹74.07 ₹0.80
2023 ₹63.30 ₹59.93 ₹2.64
Sep 2023 ₹30.52 ₹27.70 ₹2.10

Italian Edibles IPO Valuation – FY2023

Check Italian Edibles IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.

Earning Per Share (EPS): ₹2.43 consistent with Equity Share
Price/Earning P/E Ratio: 27.98
Return on Net Worth (RoNW): 24.50%
Net Asset Value (NAV): ₹62.90 consistent with Equity Share

Peer Group

  • Lotus Chocolate Company Limited
  • Tapi Fruit Processing Limited
  • Mr. Ajay Makhija
  • Mr. Akshay Makhija

Italian Edibles IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com

Italian Edibles IPO Allotment Status

Check Italian Edibles IPO allotment standing on Bigshare website online URL. Click Here

Italian Edibles IPO Lead Managers aka Merchant Bankers

  • First Overseas Capital Limited

Company Address

Italian Edibles Limited
309/1/1/8 Block No.03,
Mangal Udhyog Nagar, Gram Palda,
Indore – 452020
Phone: +91 9826298268
Email: [email protected]
Website: https://www.ofcoursegroup.com/

Italian Edibles IPO FAQs

What is Italian Edibles IPO?

Italian Edibles IPO is an NSE SME IPO. They are going to carry ₹26.66 Crores by means of IPO. The factor is priced at ₹68 consistent with fairness percentage. The IPO is to be indexed on NSE.

When Italian Edibles IPO will open?

The IPO is to open on February 2, 2024 for NII, and Retail Investors.

What is Italian Edibles IPO Investors Portion?

The buyers’ portion for NII is 50%, and Retail is 50%.

How to Apply the Italian Edibles IPO?

You can observe Italian Edibles IPO by means of ASBA on-line by means of your checking account. You too can observe for ASBA on-line by means of UPI thru your inventory agents. You too can observe by means of your inventory agents by means of filling up the offline shape.

How to Apply the Italian Edibles IPO thru Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Italian Edibles”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now move on your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Italian Edibles IPO thru Upstox?

Log in to Upstox Application along with your credentials. Select the IPO. You will see the IPO Name “Italian Edibles”. Click on Bid Button. Confirm your software. Now move on your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Italian Edibles IPO thru Paytm Money?

Log in to Paytm Money Application along with your credentials. Select the IPO. You will see the IPO Name “Italian Edibles”. Click on Bid Button. Confirm your software. Now move on your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Italian Edibles IPO Size?

Italian Edibles IPO dimension is ₹6.88 crores.

What is Italian Edibles IPO Price Band?

Italian Edibles IPO Price Band is ₹81 consistent with fairness percentage.

What is Italian Edibles IPO Minimum and Maximum Lot Size?

The IPO bid is [.] stocks with ₹144,000.

What is Italian Edibles IPO Allotment Date?

Italian Edibles IPO allotment date is February 8, 2024.

What is Italian Edibles IPO Listing Date?

Italian Edibles IPO record date is February 12, 2024. The IPO to checklist on NSE SME.

Note: The Italian Edibles IPO main points are introduced formally. The IPO gray marketplace top rate (Italian Edibles IPO Premium) is up to date at the respective web page. You can test our IPO gray marketplace web page for day-to-day updates.



– Source : IPOWATCH

More articles

- Advertisement -
- Advertisement -

Latest article