Fixed Price IPO | ₹8 Cr | Listed at BSE SME | Thu, Dec 27, 2012 - Mon, Dec 31, 2012
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Thu, Dec 27, 2012
IPO Close
Mon, Dec 31, 2012
Issue Price
₹25 per share
Market Cap (Pre-IPO)
₹24.72 Cr
| IPO Date | 27 to 31 Dec, 2012 |
| Listed on | Mon, Jan 14, 2013 |
| Face Value | ₹10 per share |
| Issue Price | ₹25 per share |
| Lot Size | 6,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 30,24,000 shares (agg. up to ₹8 Cr) |
| Reserved for Market Maker | 5,04,000 shares Guiness Securities Ltd. (agg. up to ₹1 Cr) |
| Fresh Issue (Ex Market Maker) | 25,20,000 shares (agg. up to ₹6 Cr) |
| Net Offered to Public | 25,20,000 shares (agg. up to ₹6 Cr) |
| Share Holding Pre Issue | 68,82,000 shares |
| Share Holding Post Issue | 98,88,000 shares |
| BSE Script Code | 534839 |
| ISIN | INE178O01025 |
Eco Friendly Food Processing IPO comprises a total issue size of 30,06,000 shares. The net offer to the public is 25,02,000 shares, after excluding 5,04,000 shares allotted on a firm basis. Of the Net offer 12,51,000 (50.00%) allocated to NII 12,51,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 12,51,000 | 50.00% | 41.62% |
| Retail Shares Offered | 12,51,000 | 50.00% | 41.62% |
| Firm Reservations | |||
| Market Maker Shares Offered | 5,04,000 | 16.77% | |
| Total Shares Offered | 30,06,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 6,000 shares and in multiples thereof.
| 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 |
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
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 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 |
| Total | 7.46 |
| KPI | |
|---|---|
| RoNW | 33.84% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 29.33% | 20.41% |
| Market Cap | ₹24.72 Cr. |
Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue management fees including fees and reimbursements of Market Making fees, selling commissions, brokerages, and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses | 0.40 |
| 2 | Printing & Stationery, Distribution, Postage, etc. | 0.10 |
| 3 | Advertisement & Marketing Expenses | 0.07 |
| 4 | Regulatory & other expenses | 0.03 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹25.00 |
| Open | ₹24.50 |
| Low | ₹24.15 |
| High | ₹26.00 |
| Last Trade | ₹25.55 |
Lead Manager Reports
Eco Friendly Food Processing IPO is a SME IPO of 30,24,000 equity shares of the face value of ₹10 aggregating up to ₹8 Crores. The issue is priced at ₹25 per share. The minimum order quantity is 6000.
The IPO opens on Thu, Dec 27, 2012, and closes on Mon, Dec 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 Thu, Dec 27, 2012 and closes on Mon, Dec 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 Mon, Jan 14, 2013.
