Megastar Foods Ltd is incorporated in 2011 based in Chandigarh. The company is a manufacturer of wheat flour, organic wheat flour products and allied flour products. Megastar is FSSC 22000 certified company for food safety systems. They also certified ISO 22000:2005, ISO 22002-1:2009 and additional FSSC 22000. The are manufacturing and processing Atta, Maida, Suzi, Bran and more. The company has processing plants in Punjab with capacity of 81000 MT per year. The products includes Atta-wheat flour products, Maida-Fine wheat flour products, Suji-Rawa-Semolina, Chokar-Wheat Bran, Organic Atta, Organic Whole Wheat flour and Organic wheat flour and more. Megastar Foods ipo is starting from 14-May and ends on 16-May. The price band is around Rs.30 with 4000 market lot. The ipo size is around 08.04 crore rupees.
IPO Review:
- Apply for Long Term
Megastar Foods IPO Dates & Price Band:
- IPO Open: 14 May 2018
- IPO Close: 16 May 2018
- IPO Size: Approx Rs 08.04 Crore
- Face Value: Rs.10 Per Equity Share
- Price Band: Rs.30 Per Equity Share
- Listing on: BSE SME
- Shares: 2,680,000
- Retail Portion: 50%
IPO Market Lot:
- Shares: Apply for 4,000 Shares (Minimum Lot Size)
- Amount: Rs.1,20,000
IPO Allotment & Listing:
- Basis of Allotment: 22-May-2018
- Refunds: 23-May-2018
- Credit to demat accounts: 24-May-2018
- Listing: 25-May-2018
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Financial Results:
| Rs. in Crore | |||||
| Revenue | Expense | PAT | |||
| 2014 | 7.85 | 7.86 | 0.0 | ||
| 2015 | 44.50 | 44.26 | (0.28) | ||
| 2016 | 78.04 | 77.27 | 0.59 | ||
| 2017 | 97.76 | 96.46 | 1.06 | ||
| 2018 (9M) | 78.37 | 77.31 | 0.87 | ||
Grey Market Premium:
- The grey market is around Rs.N/A Subject to Sauda.
Megastar Foods IPO Subscription Status:
- IPO Subscribed 1.61 times overall
Megastar Foods IPO Allotment Status:
Company Promoters:
- Mr. Vikas Goel
- Mr. Vikas Gupta
Quick Links:
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Red Herring Prospectus
IPO Registrar:
Skyline Financial Services Private Ltd
Phone: +91 – 11 – 2681
Fax: +91 – 11 – 30857562
Email: [email protected]
Website: http://www.skylinerta.com
IPO Lead Managers:
- SWASTIKA INVESTMART LIMITED
Company Address:
Megastar Foods Limited
Plot No. 807
Industrial Area, Phase-II
Chandigarh-160102
Phone: +91-0172-5005024
Email: [email protected]
Website: http://www.megastarfoods.com
