Incorporated in 2015, Sarveshwar Foods Ltd is engaged in the business of processing and marketing of branded and un-branded basmati and non-basmati rice in the domestic and international markets. They offers procurement, storage, milling, sorting, packaging, branding and distribution of Rice.
Company's product portfolio comprises of Basmati and non-Basmati rice of various kinds including white raw rice, steam rice, broken rice, brown rice and parboiled rice. Along with
the varied variety of conventional Basmati and non-Basmati rice their product portfolio also includes organic Basmati and non-Basmati rice including range of other organic products. They markets and distributes these organic food products under its brand "Nimbark".
Company is selling organic products through this store viz. rice, red rice, brown rice, flours, pulses, nuts & dry fruits, spices & condiments, jaggery & sugar, breakfast cereals, edible oils, saffron, flaxseed, sesame seed. Sarveshwar's operations are based out of the Jammu Region in the State of Jammu and Kashmir.
Mr. Rohit Gupta is the promoter of the company.
The object of the issue are:
1. Part finance long term working capital requirement;
2. Invest in subsidiary;
3. General Corporate Purpose; and
4. Meet the expenses of the issue.
»» Issue Open: Mar 5, 2018 - Mar 7, 2018
»» Issue Type: Book Built Issue IPO
»» Issue Size: 6,467,200 Equity Shares of Rs 10 aggregating up to Rs 54.97 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 83 - Rs 85 Per Equity Share
»» Market Lot: 1600 Shares
»» Minimum Order Quantity: 1600 Shares
»» Listing At: NSE SME
Sarveshwar Foods IPO Subscription Status tells if Sarveshwar Foods IPO subscribed or not. Investors can bid for IPO shares between 10 AM to 5 PM when public issue is open. Sarveshwar Foods IPO oversubscribed if bids are received for more shares than what is offered by the company.
|Number of Bids Received|
|As on Date & Time||QIB||NII||RII||Others||Total|
|Shares Offered / Reserved||0||3,071,200||3,071,200||324,800||6,467,200|
|Day 1 - Mar 5, 2018 17:00 IST||0||483,200||332,800||-||816,000|
|Day 2 - Mar 6, 2018 17:00 IST||0||1,243,200||1,795,200||-||3,038,400|
|Day 3 - Mar 7, 2018 17:00 IST||948,800||3,470,400||5,625,600||-||10,044,800|
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