Italian Edibles IPO Date, Review, Price, Allotment Details

Italian Edibles IPO Details: Italian Edibles IPO date is fixed, The IPO will open on February 2, 2024 and will close on February 7, 2024. DelaPlex is a NSE SME IPO to raise ₹26.66 crores via IPO. The Italian Edibles IPO price band is fixed at ₹68 with a market lot of 2000 shares.

Italian Edibles IPO

Table of Contents

Italian Edibles’ confectionery products are sold PAN India, majorly in rural and semi-urban areas 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 through local wholesalers and distributors located in these areas. Their consumer segments largely include teenagers, young adults, and children located in rural and semi-urban areas of India.

Apart from selling their confectionery products within India, they also export to various countries such as Nigeria, Yemen, Sinegal, and Sudan. As of August 31, 2023, their top customers include Chocolate World, Yuvraj Agency, Bakewell Biscuits Private Limited, R. K. Prabhavati Tarders, Mamta Stores, Ma Laxmi Traders, Suria Distributor etc. Also, one of their product,i.e., Jelly Candies are sold to Dharpal Premchand Ltd (BABA) group.


Over the years, they have developed a large pan-India distribution network. As of August 31, 2023, they had approximately 450 Suppliers and distributors located across 22 states in India, and they have exported their products through a network of 5 merchant exporters. Their distribution network within India and outside India and well-established brand has enabled us to effectively manage marketing strategy, and market penetration and thereby increase their turnover over the years.

They have two operational manufacturing units that are operated by us and are located in Gram Palda, Indore, and Prabhu Toll Kanta, Indore (Madhya Pradesh). Being strategically located in the industrial area, procurement and transportation of raw materials are easy, quick, and cost-effective. Their manufacturing unit is FSAAI, ISO 22000:2018 and FIEO certificated. Their in-house manufacturing unit is well equipped with a mixture of modern, fully-automated, and semi-automated plant & machinery which enables us to manufacture their confectionery products in an effectively controlled manner and also ensure consistent quality while manufacturing the confectionery products. In addition, they manufacture a range of products under the private labeling arrangement with their customers and are exclusively sold by third parties. However, they do not have any collaboration with these companies. They sell their confectionery products in retail and wholesale packs. Lollipops, Candies, and milk sweetmeat products are available in Pet Jars, polypacks, and cardboard boxes.


Objects of the Issue:

  • Setting up of the proposed manufacturing unit
  • Repayment of certain Borrowings
  • To meet incremental working capital requirements
  • General Corporate Expenses

Italian Edibles IPO Review

  • To be updated soon

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 net offer
NII Quota:50% of the net offer
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here

Italian Edibles IPO Market Lot

The Italian Edibles IPO minimum market lot is 2000 shares with a ₹136,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum12000₹136,000
Retail Maximum12000₹136,000
S-HNI Minimum24000₹272,000

Italian Edibles IPO Dates

The Italian Edibles IPO date is February 2 and the IPO close date is February 7. The IPO allotment date is February 8 and the IPO might list on February 12.

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 check IPO subscription status and IPO allotment status on their respective pages.

Italian Edibles IPO Form

How to apply Italian Edibles IPO? You can apply Italian Edibles IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Italian Edibles IPO in the Invest section. The other option you can apply Italian Edibles IPO via IPO forms download via the NSE website. Check out the Italian Edibles forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.


Italian Edibles Company Financial Report

₹ in Crores
YearRevenueExpensePAT
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 detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

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

Peer Group

  • Lotus Chocolate Company Limited
  • Tapi Fruit Processing Limited

Company Promoters

  • 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 status on Bigshare website 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 raise ₹26.66 Crores via IPO. The issue is priced at ₹68 per equity share. The IPO is to be listed 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 investors’ portion for NII is 50%, and Retail is 50%.

How to Apply the Italian Edibles IPO?

You can apply Italian Edibles IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Italian Edibles IPO through 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 go to 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 through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Italian Edibles”. Click on Bid Button. Confirm your application. Now go to 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 through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Italian Edibles”. Click on Bid Button. Confirm your application. Now go to 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 size is ₹6.88 crores.

What is Italian Edibles IPO Price Band?

Italian Edibles IPO Price Band is ₹81 per equity share.

What is Italian Edibles IPO Minimum and Maximum Lot Size?

The IPO bid is [.] shares 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 listing date is February 12, 2024. The IPO to list on NSE SME.

Note: The Italian Edibles IPO details are announced officially. The IPO grey market premium (Italian Edibles IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.

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