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Annapurna Swadisht Limited IPO (Annapurna Swadisht IPO) Detail

September 15, 2022 - September 19, 2022

Annapurna Swadisht IPO is a book built issue of Rs 30.25 crores. The issue is entirely a fresh issue of 43.22 lakh shares.

Annapurna Swadisht IPO bidding started from September 15, 2022 and ended on September 19, 2022. The allotment for Annapurna Swadisht IPO was finalized on Friday, September 23, 2022. The shares got listed on NSE SME on September 27, 2022.

Annapurna Swadisht IPO price band is set at ₹68 to ₹70 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹140,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹280,000.

Corporate Capitalventures Pvt Ltd is the book running lead manager of the Annapurna Swadisht IPO, while Skyline Financial Services Private Ltd is the registrar for the issue. The market maker for Annapurna Swadisht IPO is Ss Corporate Securities.

Refer to Annapurna Swadisht IPO RHP for detailed information.

Annapurna Swadisht IPO Details

IPO Date September 15, 2022 to September 19, 2022
Listing Date September 27, 2022
Face Value ₹10 per share
Price Band ₹68 to ₹70 per share
Lot Size 2000 Shares
Total Issue Size4,322,000 shares
(aggregating up to ₹30.25 Cr)
Fresh Issue4,322,000 shares
(aggregating up to ₹30.25 Cr)
Issue Type Book Built Issue IPO
Listing At NSE SME
Market Maker portion216,000 shares
Ss Corporate Securities

Annapurna Swadisht IPO Reservation

Annapurna Swadisht IPO offers 5,552,000 shares. 2,050,000 (36.92%) to QIB, 616,000 (11.10%) to NII, 1,440,000 (25.94%) to RII 1,230,000 (22.15%) to Anchor investors.

Investor Category Shares Offered
Anchor Investor Shares Offered1,230,000 (22.15%)
Market Maker Shares Offered216,000 (3.89%)
QIB Shares Offered2,050,000 (36.92%)
NII (HNI) Shares Offered616,000 (11.10%)
Retail Shares Offered1,440,000 (25.94%)
Total Shares Offered5,552,000 (100%)

Annapurna Swadisht IPO Timeline (Tentative Schedule)

Annapurna Swadisht IPO opens on September 15, 2022, and closes on September 19, 2022.

IPO Open Date Thursday, September 15, 2022
IPO Close Date Monday, September 19, 2022
Basis of Allotment Friday, September 23, 2022
Initiation of Refunds Friday, September 23, 2022
Credit of Shares to Demat Monday, September 26, 2022
Listing Date Tuesday, September 27, 2022
Cut-off time for UPI mandate confirmation 5 PM on September 19, 2022

Annapurna Swadisht IPO Lot Size

Investors can bid for a minimum of 2000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 2000 ₹140,000
Retail (Max) 1 2000 ₹140,000
HNI (Min) 2 4,000 ₹280,000
Lot Size Calculator

Annapurna Swadisht IPO Promoter Holding

Ritesh Shaw and Shreeram Bagla are the company promoters.

Share Holding Pre Issue 70.37%
Share Holding Post Issue 51.85%

About Annapurna Swadisht Limited

Incorporated in 2015, Annapurna Swadisht Limited is a manufacturer of snacks and food products, namely, Fryums, cakes, candy, namkeen, chips and Gohona Bori.

Annapurna Swadisht Limited sells more than 12 Lakh packets of products daily. The company is one of the largest FMCG players in Eastern India and we are the fastest growing segment in Fryums, Cakes, Candies, Namkeen and Potato Chips.

Annapurna Swadisht Limited has two manufacturing units one in Asansol with a constructed area of approx. 50,142 sq. ft. and in Siliguri with a constructed area of approx. 35,000 sq. The daily production capacity of the Asansol manufacturing unit is 15 MT of Fryums, whereas the daily production capacity of the manufacturing unit at Siliguri is 10 MT of Fryums.

The company's products are marketed under the own brand names Jackpot, Chatpata Moon, Balloon, Finger, Rambo, Makeup Box, Dhamaka, Phoochka, Jungle Adventures, Ringa, Bachpan Ka Pyaar, Kurchure, Cream Filled Cake Vanilla, Cream Filled Cake Litchi, among others.

Annapurna Swadisht Limited has been certified by Food Safety and Standards Authority of India (FSSAI) for the quality management systems of our Company about our products.

As of the Red Herring Prospectus, the company has employed 235 employees including administrative staff, skilled, semi-skilled and unskilled labour and has 225 employees on a contractual basis as of July 31, 2022. As of June 30, 2022, The company's distribution network included 300 nos. of Distributors and 80 Super Distributors.


  • Availability of raw materials.
  • Low wage labour availability.
  • Good transportation system.
  • Brand image.

Company Financials

Annapurna Swadisht Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After Tax
Amount in ₹ Lakhs

Key Performance Indicator

The market capitalization of Annapurna Swadisht IPO is Rs 114.95 Cr.

Pre IPO Post IPO
P/E (x) 21.94

Objects of the Issue (Annapurna Swadisht IPO Objectives)

The Net Proceeds from the Issue are proposed to be utilized by the Company for the following objects:

1) Funding the capital expenditure requirements.

2) General Corporate Expenses.

Annapurna Swadisht IPO Review (May apply)

[Dilip Davda]  The company is in a highly competitive segment that has many unorganized and giant players. Based on its financial data, the issue appears greedily priced. Perhaps the company is trying to encase on the recent boom seen for the SME IPOs. Risk seeker/cash surplus investors may consider an investment. Read detail review...

Annapurna Swadisht IPO Subscription Status (Bidding Detail)

The Annapurna Swadisht IPO is subscribed 133.43 times on September 19, 2022 7:00:00 PM. The public issue subscribed 225.54 times in the retail category, 18.34 times in the QIB category, and 301.13 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Annapurna Swadisht IPO Prospectus

Annapurna Swadisht IPO Rating

Rating:Rated 4.0 stars
Vote Here ...

Annapurna Swadisht IPO Listing Details

Listing Date September 27, 2022
BSE Script Code
Final Issue Price ₹70 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

Check IPO Performance…

Annapurna Swadisht Limited Contact Details

Annapurna Swadisht Limited
90, Phears Lane,
Unit No. 604, 6th floor,
Kolkata- 700012
Phone: + 91 33 46032805

Annapurna Swadisht IPO Registrar

Skyline Financial Services Private Ltd

Phone: 02228511022

Annapurna Swadisht IPO - Buy or Not

Annapurna Swadisht IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 7 0 2

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Annapurna Swadisht IPO FAQs

Annapurna Swadisht IPO is a SME IPO of 4,322,000 equity shares of the face value of ₹10 aggregating up to ₹30.25 Crores. The issue is priced at ₹68 to ₹70 per share. The minimum order quantity is 2000 Shares.

The IPO opens on September 15, 2022, and closes on September 19, 2022.

Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Zerodha customers can apply online in Annapurna Swadisht IPO using UPI as a payment gateway. Zerodha customers can apply in Annapurna Swadisht IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Annapurna Swadisht IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Annapurna Swadisht IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Annapurna Swadisht IPO opens on September 15, 2022 and closes on September 19, 2022.

Annapurna Swadisht IPO lot size is 2000 Shares, and the minimum amount required is ₹140,000.

You can apply in Annapurna Swadisht IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Annapurna Swadisht IPO will be done on Friday, September 23, 2022, and the allotted shares will be credited to your demat account by Monday, September 26, 2022. Check the Annapurna Swadisht IPO allotment status.

The Annapurna Swadisht IPO listing date is on September 27, 2022.
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Annapurna Swadisht IPO Message Board

Ranked Members of Forum  Ranked Members | Members with Most Likes



489. Shailesh Lathiya |   Link |  Bookmark |November 11, 2022 9:14:34 PM
@MRavichandran @noorul @ultrasnow @avenue and all respected members,

Annapurna has posted result today with some profit gains.. what's your view on that.
488. N.Agarwal |   Link |  Bookmark |November 11, 2022 7:09:23 PM
IPO Mentor IPO Mentor (500+ Posts, 200+ Likes)
Good results
Revenue 6562 lacs
Profit before tax 377 lacs
Net profit 287.61 lacs
Eps half year 1.75
487. NaveenK |   Link |  Bookmark |October 28, 2022 11:22:42 PM
Half Year Results on 11th Nov

Meeting of the Board of Directors of the
Company is scheduled to be held on Friday, November 11, 2022 ( 3:30pm )to consider
and approve, inter-alia, the Unaudited Financial Results of the Company for the quarter and
half year ended September 30, 2022
486. Bull Morris |   Link |  Bookmark |October 19, 2022 3:06:03 PM
Applied but not allotted to me
485. dhanapal |   Link |  Bookmark |October 17, 2022 6:30:31 PM
Hello All,

We could see good momentum, Any suggestions on exit price. i have onelot @120

485.1. Takamichi |   Link |  Bookmark |October 17, 2022 7:26:10 PM
IPO Mentor IPO Mentor (800+ Posts, 700+ Likes)
Whenever u feel like u can't let this profit go..... It's all about risk, time and hedging
484. Takamichi |   Link |  Bookmark |October 4, 2022 10:05:27 AM
IPO Mentor IPO Mentor (800+ Posts, 700+ Likes)
Playing like kn agri but a lot slower.... Chota kn agri
483. GNS |   Link |  Bookmark |October 3, 2022 6:16:07 PM
All weak hands out of the game now. It is time for it to get stronger and make a journey towards North.
482. ultrasnow |   Link |  Bookmark |September 26, 2022 11:16:06 PM
I am already running super busy in office and now so many IPOs, I´m confused but clock is ticking
In confusion my stop loss for Harsha got hit and it was sold.
I´m tired and frustrated with money block/unblock and once in blue moon allotment.
I´m planning to mortgage family gold with street corner money lender and apply full force in Barber Shop IPO, Lloyds Luxuries, with full life savings
I´m impressed by Barber shop sector as nobody can live without their barber (anyone can life without their wife)
I am also thinking to quit current job and try veranda cleaning in a brokers office, "two targets with one arrow"
482.27. Eren |   Link |  Bookmark |October 25, 2022 11:57:32 AM
Thank you senior members for the humor and knowledge at the same time. Nice thread, learned some new things today :)
482.28. MRavichandran |   Link |  Bookmark |November 11, 2022 7:26:41 PM
IPO Guru IPO Guru (2000+ Posts, 2700+ Likes)
Good to refresh read of old thread 😉

481. Doctoripo |   Link |  Bookmark |September 30, 2022 2:25:38 PM
480. sahab |   Link |  Bookmark |September 30, 2022 11:24:03 AM
IPO Guru IPO Guru (1000+ Posts, 500+ Likes)
avoid 100%
go for cargosol
market is in corrective mode
save your money
479. Nobody |   Link |  Bookmark |September 28, 2022 3:01:42 PM
can any help me what i can do my amount is still not unblocked for annapurna have to apply in other IPO
478. B.M.SURANA |   Link |  Bookmark |September 27, 2022 10:18:49 AM
IPO Guru IPO Guru (2600+ Posts, 4900+ Likes)
Annapurna Swadisht
Listing pe ₹100000 Nafo🏧 de Diyo Jinake Allotment aaya.

478.8. B.M.SURANA |   Link |  Bookmark |September 27, 2022 5:08:17 PM
IPO Guru IPO Guru (2600+ Posts, 4900+ Likes)
@pRace Ji Time paas hai.
Thakur toh Giyo Means
478.9. B.M.SURANA |   Link |  Bookmark |September 28, 2022 8:01:25 AM
IPO Guru IPO Guru (2600+ Posts, 4900+ Likes)
“लिख रहा हूं मैं अंजाम जिसका कल आगाज आएगा
मेरे लहू का हर एक कतरा इंकलाब लाएगा”
मातृभूमि की आजादी के लिए अपने प्राण न्योछावर करने वाले महान क्रांतिकारी शहीद भगत सिंह जी की 115 वीं जयंती पर उन्हें शत शत नमन।
BhagatSingh जी का अमर बलिदान को हमेशा स्मरण किया जाएगा।

477. B.M.SURANA |   Link |  Bookmark |September 27, 2022 11:46:40 PM
IPO Guru IPO Guru (2600+ Posts, 4900+ Likes)
Annapurna Swadisht Je kal [ बुधवार ] Upper freeze ho giyo toh kei Jana ro Swad bigad jasi. Jin logan k Allotment nai Huya yaa Aaj Nahin kharid paya????
[ हंसी मजाक में लें सिरियस ली ना लें 😂😅🤣 ]
476. NKD |   Link |  Bookmark |September 27, 2022 7:31:17 PM
Well, known investor of this forum, Mr. Anant Aggarwal bought in bulk, Looks like he is buying, and saving us...
476.1. Takamichi |   Link |  Bookmark |September 27, 2022 11:11:02 PM
IPO Mentor IPO Mentor (800+ Posts, 700+ Likes)
Everyone here is in a busiess of none saving anyone..... There were more bulk deal than him..... And it's a good stock so there would be buys
476.2. Denim |   Link |  Bookmark |October 10, 2022 10:38:43 PM
He sold 88,000 shares today.
475. Denim |   Link |  Bookmark |September 27, 2022 12:23:50 PM
Can QIB sell on listing day or is there any lock-in period?
475.1. GNS |   Link |  Bookmark |September 27, 2022 10:47:48 PM
No Lock-in, They can sell.
474. Noorul |   Link |  Bookmark |September 27, 2022 9:46:22 AM
Bought 1 in preopen.. who else ?
474.12. MRavichandran |   Link |  Bookmark |September 27, 2022 6:11:53 PM
IPO Guru IPO Guru (2000+ Posts, 2700+ Likes)
Just saw this thread, I bought 6 lots of Annapurna for long term purpose :)
Though Veranium Cloud (holding 8 Lots in total) did not break the listing price and to UC today, happy with Annapurna's UC at the end.

474.13. Avenue |   Link |  Bookmark |September 27, 2022 6:42:02 PM
I purchased 1 lot of Annapurna today in Preopen.
473. Ravu |   Link |  Bookmark |September 27, 2022 12:18:51 PM
IPO Mentor IPO Mentor (700+ Posts, 400+ Likes)
20L traded another 10L left . I think it may close at UC.
473.2. Ravu |   Link |  Bookmark |September 27, 2022 1:12:50 PM
IPO Mentor IPO Mentor (700+ Posts, 400+ Likes)
12L was allocated to Anchor out of 43L

473.3. Ravu |   Link |  Bookmark |September 27, 2022 1:53:58 PM
IPO Mentor IPO Mentor (700+ Posts, 400+ Likes)
Now in UC.
472. Sunder |   Link |  Bookmark |September 27, 2022 1:45:08 PM
To all the investors having account and unable to sell or buy due to technical reason, wherein they take IPO rate + or - 5%, I have personally spoken to concerned team at Hyderabad and explained them the glitch. The concerned Team has taken up the issue and hopefully get rectified soon. Till then fingers crossed. Thanks
471. IPOExperimenter |   Link |  Bookmark |September 27, 2022 1:05:32 PM
What is the point of getting QIBs, if they are going to sell faster than either retail or HNI anyways? The whole system is loaded in favour of QIBs while HNIs have been targeted by coming up with things like a lottery system. Why is there no lottery system for QIBs, why give them this benefit if there are no holding restrictions on QIBs.
471.2. IPOExperimenter |   Link |  Bookmark |September 27, 2022 1:16:08 PM
On top of that we hear concerns around possible favouritism in lottery based HNI allotment. Not sure what is true or false there, but we have no audit trail or open systems to audit allotment as such. Finally, we have brokers allowing fake sell order, despite clear mandate from the exchange to prevent such sell orders for T2T stocks.
471.3. MehulStk |   Link |  Bookmark |September 27, 2022 1:29:01 PM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
True, I also feel same.
470. Good Old Days |   Link |  Bookmark |September 27, 2022 10:35:36 AM
@takamichi i am not able to take new position in delivery or intraday here, any restrictions? I am doing on icicidirect
470.1. Takamichi |   Link |  Bookmark |September 27, 2022 10:44:29 AM
IPO Mentor IPO Mentor (800+ Posts, 700+ Likes)
I think ICICI has some problem with lc and uc on listing days....many have faced same problem ..... Lc and uc would be adjusted correctly from tomorrow.....
Moreover no intraday for first 10 days in it.....
470.2. Avenue |   Link |  Bookmark |September 27, 2022 12:01:46 PM
ICICIDirect believes in Long Term Holding...

Best Wishes...