Oceanic Foods Limited IPO (Oceanic Foods IPO) Detail

Mar 20, 2017 - Mar 22, 2017

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. Company‘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.

Objects of the Issue

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.

Oceanic Foods IPO Details

Oceanic Foods IPO Date Mar 20, 2017 to Mar 22, 2017
Oceanic Foods IPO Face Value ₹10 per share
Oceanic Foods IPO Price ₹65 per share
Oceanic Foods IPO Lot Size 2000 Shares
Issue Size1,000,000 shares of ₹10
(aggregating up to ₹6.50 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Company Promoters

The promoters of the company are:

1. Vinodrai Patel
2. Ajesh Patel

Oceanic Foods IPO Lot Size

The Oceanic Foods IPO lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹130,000).

Application Lots Shares Amount
Retail (Min) 1 2000 ₹130,000
Retail (Max) 1 2000 ₹130,000

Oceanic Foods IPO Review

As the issue is aggressively priced, only risk savvy cash surplus investors may consider investment for long term. Read detail review...

Oceanic Foods IPO Subscription Status (Bidding Detail)

The Oceanic Foods IPO is subscribed times on Mar 22, 2017 6:50:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Oceanic Foods IPO Prospectus

Oceanic Foods IPO Rating

Rating:Rated 2.8 stars
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Oceanic Foods IPO Listing Date

Listing Date Friday, March 31, 2017
BSE Script Code 540405
NSE Symbol
Listing In M Group of Securities
ISIN INE711V01010
IPO Price ₹65 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

Oceanic Foods Limited
Opp. Brooke Bond Factory,
P.N. Marg,
Jamnagar – 361002
Phone: +91 288 2757366/77

Oceanic Foods IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Oceanic Foods IPO Review

Oceanic Foods IPO Recommendation Summary

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Oceanic Foods IPO FAQs

Oceanic Foods IPO is a SME IPO of 1,000,000 equity shares of the face value of ₹10 aggregating up to ₹6.50 Crores. The issue is priced at ₹65 per share. The minimum order quantity is 2000 Shares.

The IPO opens on Mar 20, 2017, and closes on Mar 22, 2017.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Oceanic Foods IPO opens on Mar 20, 2017 and closes on Mar 22, 2017.

Oceanic Foods IPO lot size is 2000 Shares and the minimum order quantity is .

You can apply in Oceanic Foods 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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Oceanic Foods IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Oceanic Foods IPO allotment status.

The Oceanic Foods IPO listing date is on Friday, March 31, 2017.
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Oceanic Foods IPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



15. rvr |   Link |May 18, 2017 4:12:18 PM
14. Arihant Pk |   Link |May 18, 2017 2:25:45 PM
Jisko alot hua hai sbko msg mil gye kya?
Ya abhi pending hai....
Jisko alot nai hua money kb tak unblock hogi...
13. Prabhakaran Kuppusamy |   Link |May 8, 2017 6:19:42 PM
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
Hold this for longterm. The reforms will benefit the food sector - which is evident that many food processing (based) companies are coming out with public issues.
12. singhsaab |   Link |May 5, 2017 9:43:30 PM
got 15/17
11. romy jain |   Link |May 5, 2017 8:13:54 AM
yesterday i suggest to buy.....all scrips gives more than 5%.....ok now today u buy strongly ;COAL INDIA-BOMBAY DYENG-SUDARSHAN CHEMICAL-SUMEET IND-SUNILHIGHTECH-JBM AUTO-IIFLHOLDINGS.......THESE 7 STOCKS TODAYS 7STAR.....WATCH AND TRUST...HAPPY INVESTING FRIENDS....
10. mukeshAHM |   Link |Mar 31, 2017 4:22:12 PM
Applied 2 got 0 bad luck next time
9. IPO Bhavnagar |   Link |Mar 30, 2017 6:19:26 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Expected Listing at Rs. 66... Issue Price Rs. 65.
8. IPOANALYSIS |   Link |Mar 29, 2017 12:55:59 AM
i find it priced on higher side and hence skipped it. best of luck to allotees

i think it should list at same issue price .
8.1. deepika |   Link |Mar 30, 2017 1:28:59 PM
kindly add me my contact number i am new on this flied no body given me good advice information etc
8.2. Smiter |   Link |Apr 10, 2017 11:33:56 AM
Great work...keep on guiding
7. Latha |   Link |Mar 28, 2017 8:53:27 PM
Looks good, few of our relatives know the company well. Company have exposure across multiple locations. Should give decent returns over a period of time. Stay invested.
6. Septa |   Link |Mar 28, 2017 8:43:36 PM
IPO Guru IPO Guru (4000+ Posts, 4600+ Likes)
i have put application looks good
6.1. addy A |   Link |Mar 28, 2017 10:41:36 PM
Dear Septa sir,
Can you please tell me, through which broker you have applied through this SME IPO?
I am consistently looking for broker who will provide me platform for SME IPOs, but I didn''t get it.
Thank you.
5. Bharat vaishnavi |   Link |Mar 27, 2017 9:12:33 PM
Discount per listing hogi..
4. COMMONMAN |   Link |Mar 27, 2017 8:52:33 PM
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Money is released... Didnt got allotment
3. Tejas Mehta |   Link |Mar 24, 2017 5:56:53 PM
Best company

2. Mr. Paresh Shah |   Link |Mar 20, 2017 8:16:57 AM
Good Company. We deal with him with 3 years.
Go ahead.
2.1. UMESH PANDYA |   Link |Mar 20, 2017 9:15:13 PM
Is not overpricing?
2.2. UMESH PANDYA |   Link |Mar 20, 2017 9:18:35 PM
What type of dealing you''re with Oceonic, what about management? And fundamental?
1. satya |   Link |Mar 16, 2017 5:06:15 PM
Hi Dilip Davda,
Why are you not considering EPS for Consolidated basis?
1.1. niceplaywins |   Link |Mar 21, 2017 4:57:42 PM
is it worth applying..........