Apex Frozen Foods IPO Dates, Price Band, Market Lot Details

IPO Initial Public Offerings
Apex Frozen Foods aka Apex Frozen IPO to hit the market in August end. The IPO price band is around Rs.171-175 level. The Company is coming up with 87 lakh shares of fresh issue.

Apex Frozen Foods is one of the producer and exporter of aquaculture products which they supply in USA, UK and European countries. Their products are ready-to-cook and the customer base are food companies, retail chains, restaurants, club stores and distributors. They have brands like Bay fresh, Bay Harvest and BayPremium. Apex Frozen Foods is a company from Andhra Pradesh.

Apex Frozen Foods IPO Review:

  • Apply for Listing Gain

Apex Frozen Foods IPO Dates & Price Band: (Approx)

  • IPO Open: 22-August-2017
  • IPO Close: 24-August-2017
  • IPO Size: Approx Rs.152 Crore (Approx)
  • Face Value: Rs. 10 Per Equity Share
  • Price Band: Rs. 171 to 175 Per Share
  • Listing on: BSE & NSE
  • Retail Portion: 35%
  • Total Size: 8,700,000 Equity Shares

Apex Frozen Foods IPO Market Lot:

  • Shares: Apply for 80 Shares (Minimum Lot Size)
  • Amount: Rs. 14000

Apex Frozen Foods IPO Allotment & Listing:

  • BaApex Frozen Foods of Allotment: 30-August
  • Refunds: 31-August
  • Credit to demat accounts: 01-September
  • Listing: 04-September

Apex Frozen Foods Financial:
There is consistent growth in revenues and profit after tax. The things are looking good in financial. They have EPS of 9.10 which is doubled in last five years. The Revenues increased around 2.75 times compare to 2013 in current year. Profit looks good as well which increased around 1.5 times from 2013.

For the year ended (in Rs. Crore)
Mar-17Mar-16Mar-15Mar-14Mar-13
Total Assets257.44178.79165.14140.4694.35
Total Revenue709.68608.27604.37514.57255.48
Profit After Tax24.9319.7018.5713.429.42

Company Promoters:

  • Karuturi Satyanaraya Murthy  
  • Karuturi Subrahmanya Chowdary 

Quick Links:
DRHP Draft Prospectus

Apex Frozen Foods IPO Registrar:
Bigshare Services Pvt. Ltd
Phone: 91-22-40430200
Fax: 91-22-2847 5207
Email: [email protected]
Website: http://www.bigshareonline.com

Apex Frozen Foods IPO Lead Managers:

  • Karvy Investor Services Ltd

Company Address:
Apex Frozen Foods Limited
Registered Office: 3-160 Panasapadu,Kakinada , East Godavari – 533005 , Andhra Pradesh , India.
Phone : 91-884-2383902/03/04
Fax :91-884-2383905/906
Email :  [email protected] 
Website :  www.apexfrozenfoods.in

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    0 Responses

    1. anybody tell me the procedure of IPO allotment.

      How can we track the status of application ?

      If it's not allotted, how can i know the reason of rejections.

    2. Apex Frozen IPO – Schedule (Tentative)

      22nd Aug – Offer Opens
      24th Aug – Offer Closes
      29th Aug – Finalisation of Basis of Allotment
      30th Aug – Unblocking of ASBA
      31st Aug – Credit to Demat Accounts
      01st Sept – Listing on NSE & BSE