Incorporated in 1993, Oceanic Foods Limited engaged in the manufacture, processing, and sale of dehydrated food products in India. They provides dehydrated onion and garlic products and other dehydrated vegetables. Companyâ€˜s major revenue is from sale of dehydrated onion and garlic products in various forms like flakes, minced, powder, etc. They also manufacture other dehydrated vegetables like potato, ginger, spinach, coriander, carrot, cabbage, green chilly, etc.
They export dehydrated vegetables to various countries around the globe. Company's products are internationally certified by US FDA, Kosher and Halal and are domestically certified by FSSAI, and APEDA.
The promoters of the company are:
1. Vinodrai Patel
2. Ajesh Patel
The object of the issue are:
1. Working Capital requirements;
2. Enhance Company's corporate image, brand name and create a public market for their Equity Shares;
3. General Corporate Purpose.
»» Issue Open: Mar 20, 2017 - Mar 22, 2017
»» Issue Type: Fixed Price Issue IPO
»» Issue Size: 1,000,000 Equity Shares of Rs 10 aggregating up to Rs 6.50 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 65 Per Equity Share
»» Market Lot: 2000 Shares
»» Minimum Order Quantity: 2000 Shares
»» Listing At: BSE SME
|Number of Bids Received|
|As on Date & Time||Total|
|Shares Offered / Reserved|
|Day 1 - Mar 20, 2017 20:00 IST||140,000|
|Day 2 - Mar 21, 2017 18:40 IST||802,000|
|Day 3 - Mar 22, 2017 18:50 IST||2,252,000|
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...
Rs 899 Unlimited Equity
Rs 499 Unlimited Curr
or Rs 15 per Trade
Lowest Transaction Charge
Lowest Call & Trade Fee
Lowest Stamp Duty
Flat Rs 20 Per Trade
Free Equity Delivery Trades
Rs 100 off on account opening*
(* on online account opening)
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