Incorporated in 1995, Apex Frozen Foods Limited is in the business of produces and exports aquaculture products. They supply their products to food companies, retail chains, restaurants, club stores and distributors. Apex produces two kinds of shrimps namely the Whiteleg shrimp (Litopenaeus vannamei) and the Black Tiger Shrimp (Penaeus monodon).
They have operations in the United States, United Kingdom and various European countries. Company's output majorly comprises of variants of processed Vannamei shrimp (White shrimp) and are sold under the brands namely Bay fresh, Bay Harvest and BayPremium.
The promoters of the company are:
1. Karuturi Satyanarayana Murthy
2. Karuturi Subrahmanya Chowdary
|Particulars||For the year/period ended (in Rs. Crore)|
|Profit After Tax||24.93||19.70||18.57||13.42||9.42|
The object of the issue are to:
1. Setting up a new shrimp processing unit with a proposed capacity of 20,000 MT PA at East Godavari District, Andhra Pradesh (â€œProjectâ€);
2. General Corporate purposes
»» Issue Open: Aug 22, 2017 - Aug 24, 2017
»» Issue Type: Book Built Issue IPO
»» Issue Size: 8,700,000 Equity Shares of Rs 10 aggregating up to Rs 152.25 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 171 - Rs 175 Per Equity Share
»» Market Lot: 80 Shares
»» Minimum Order Quantity: 80 Shares
»» Listing At: BSE, NSE
|Number of Times Subscribed (BSE + NSE)|
|As on Date & Time||QIB||NII||RII||Employee||Total|
|Shares Offered / Reserved||1,660,000||1,245,000||2,905,000||400,000||6,210,000|
|Day 1 - Aug 22, 2017 17:00 IST||0.0000||0.1800||0.7900||0.0000||0.4000|
|Day 2 - Aug 23, 2017 17:00 IST||0.0000||0.4500||2.9000||0.2000||1.4600|
|Day 3 - Aug 24, 2017 17:00 IST||1.9100||7.8200||8.5300||1.1000||6.1400|
Vote Here ...
Do you know you could reduce the brokerage cost significantly by moving to another stock broker? Our expert team compared top share brokers in India to help investors like you. STOP paying Demat AMC, Brokerage in %, PCM Fee and High Stamp Duty today.
We can help you choosing the right broker. Contact us today...
Flat Rs 20 Per Trade
Free Equity Delivery Trades
Rs 100 off on account opening*
(* on online account opening)
Rs 899 Unlimited Equity
Rs 499 Unlimited Curr
or Rs 15 per Trade
Lowest Transaction Charge
Lowest Call & Trade Fee
Lowest Stamp Duty
Beginner, seasoned investor, active trader or HNI. Get customised solutions.
Rs 0 account opening fee on Online Trading + Demat Acct
(Rs 1150 waived)
Request Call Back