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Eco Friendly Food Processing IPO is a fixed price issue of ₹7.56 crores. The issue is entirely a fresh issue of 0.30 crore shares of ₹7.56 crore.
Eco Friendly Food Processing IPO bidding started from Dec 27, 2012 and ended on Dec 31, 2012. The shares got listed on BSE SME on Jan 14, 2013.
Eco Friendly Food Processing IPO price is ₹25.00 per share . The lot size for an application is 6,000. The minimum amount of investment required by an individual investor (retail) is ₹1,50,000 (6000 shares). The minimum lot size investment for HNI is 2 lots (12,000 shares), amounting to ₹3,00,000.
Oneview Corporate Advisors Pvt.Ltd. is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue. The market maker of the company is Guiness Securities Ltd..
Refer to Eco Friendly Food Processing IPO RHP for detailed Information.
| IPO Date | December 27, 2012 to December 31, 2012 |
| Listing Date | January 14, 2013 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹25 per share |
| Lot Size | 6,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 30,24,000 shares (aggregating up to ₹7.56 Cr) |
| Reserved for Market Maker | 5,04,000 shares Guiness Securities Ltd. (aggregating up to ₹1.26 Cr) |
| Net Offered to Public | 25,20,000 shares (aggregating up to ₹6.30 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 68,82,000 shares |
| Share Holding Post Issue | 98,88,000 shares |
Eco Friendly Food IPO offers total 30,06,000 shares. Out of which 12,51,000 (41.62%) allocated to NII, 12,51,000 (41.62%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 5,04,000 (16.77%) |
| NII (HNI) Shares Offered | 12,51,000 (41.62%) |
| Retail Shares Offered | 12,51,000 (41.62%) |
| Total Shares Offered | 30,06,000 (100.00%) |
Eco Friendly Food Processing IPO opens on December 27, 2012, and closes on December 31, 2012.
| IPO Open Date | Thu, Dec 27, 2012 |
| IPO Close Date | Mon, Dec 31, 2012 |
| Tentative Listing Date | Mon, Jan 14, 2013 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mon, Dec 31, 2012 |
Investors can bid for a minimum of 6,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6,000 | ₹1,50,000 |
| Retail (Max) | 1 | 6,000 | ₹1,50,000 |
| HNI (Min) | 2 | 12,000 | ₹3,00,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2008, Eco Friendly Food Processing Park Ltd (EFFPP) is engaged in the operations of agriculture and wood plantation. They are India's leading manufacturing of wheat, rice, pulses and vegetables.
EFFPP also have facility of cultivation, processing and distribution of agriculture commodities. They cultivate wheat, paddy, pulses, sugar
cane and vegetables. They are also equipped with orchard of Mango, Guava, Pomegranate and various kinds of flowers predominantly Roses. EFFPP also engage in wood plantation viz. Poplar, Eucalyptus, Kadam, Mentha and Bamboos.
Eco Friendly Food Processing Park operate from 187.414 acres of farm situated at Pargna Rudrapur, Tehsil, Kichha District, Udham Singh Nagar, Uttarakhand. Company's agricultural produce is sold in the open markets and some of the major customers are:
1. Vijay traders
2. Kichha sugar co. Ltd
3. Greenply Industries Ltd
4. Vikas Plywood Pvt. Ltd
5. Asian Door Industries Ltd
The Company Eco Friendly Food Processing IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Development of Farm land for transition to Organic Farming | 5.06 |
| 2 | Construction of storage sheds | 1.14 |
| 3 | Solar Fencing | 0.66 |
| 4 | Brand Building and General Corporate purposes | 0.60 |
| 5 | Issue Expenses | 0.60 |
[Dilip Davda] <p>As this group's another company Esteem Bio Organic Food Processing Ltd is also planning BSE SME Platform IPO going forward, a market operation on this counter is not ruled out post listing. Retail investors should give it a miss. Risk avers HNIs can dare to park moderate fund.</p> Read detail review...
| Listing Date | January 14, 2013 |
| BSE Script Code | 534839 |
| NSE Symbol | |
| ISIN | INE178O01025 |
| Final Issue Price | ₹25 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹25.00 |
| Open | ₹24.50 |
| Low | ₹24.15 |
| High | ₹26.00 |
| Last Trade | ₹25.55 |
Eco Friendly Food Processing Park Ltd.
S-520,
Greater Kailash Part-I,
New Delhi- 110048.
New Delhi, New Delhi
Phone: 91-11-32971926
Email: info@ecofriendly.in
Website: http://www.ecofriendlyfood.in
Cameo Corporate Services Ltd.
Phone: +91-44-28460390
Email: cameo@cameoindia.com
Website: https://ipo.cameoindia.com/
Eco Friendly Food Processing IPO is a SME IPO of 30,24,000 equity shares of the face value of ₹10 aggregating up to ₹7.56 Crores. The issue is priced at ₹25 per share. The minimum order quantity is 6000.
The IPO opens on December 27, 2012, and closes on December 31, 2012.
Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Eco Friendly Food Processing IPO using UPI as a payment gateway. Zerodha customers can apply in Eco Friendly Food Processing IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Eco Friendly Food Processing IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Eco Friendly Food Processing IPO opens on December 27, 2012 and closes on December 31, 2012.
Eco Friendly Food Processing IPO lot size is 6000, and the minimum amount required for application is ₹1,50,000.
You can apply in Eco Friendly Food Processing IPO online using either UPI or ASBA as a 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 applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Eco Friendly Food Processing IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Eco Friendly Food Processing IPO allotment status.
The Eco Friendly Food Processing IPO listing date is on Monday, January 14, 2013.
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