IPO Synopsis
Home >> IPO >> IPO Synopsis
Apex Frozen Foods Ltd
Registered Office:
3-160 Panasapadu,Kakinada,
East Godavari - 533005,
Andhra Pradesh, India.
Public issue of up to 8,700,000 equity shares of face value alue of (Rs) 10 each (the "equity shares") of Apex Frozen Foods limited (the "company" or "issuer") for cash at a price of (Rs) 175 per equity share (including a share premium of (Rs) 165 per equity share) aggregating up to (Rs) 152.25 Crores (the "issue") comprising of a fresh issue of 7,250,000 equity shares by the company aggregating to (Rs) 126.88 crores (the "fresh issue") and an offer for sale of 725,000 equity shares by karuturi satyanarayana murthy referredto as the promoter selling shareholder") and 725,000 equity shares by karuturi padmavathi (referred to as ("the promoter group selling shareholder") (together referred to as the selling shareholders") aggregating to (Rs) 2.54 crores ("offer for sale"). The issue includes a reservation of 400,000 equity shares, aggregating to (Rs) 7 crores, for subscriptionby eligible employees (as defined herein) not exceeding 5% of the post-issue paid up equity share capital (the "employee Reservation portion"). The issue less the employee reservation is hereinafter referred to as the "net issue". The issue would constitute 27.84 %, of the post-issue paid-up equity share capital and the net issue to the public would constitute 26.56% of the post-issue paid-up share capital. The issue price: (Rs) 175 per equity share of face value of (Rs)10 each. The issue price is 17.5 times of the face value.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
22-Aug-17
24-Aug-17
175.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 80   Further Multiples of : 80
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
0.00
Karvy Investor Services Ltd
Project Financed through Current Offer
152.25
 
Post Issue Equity Share Capital
31.25
 
Issue Price
175.00
 
Projects
Setting up a new Shrimp Processing unit with a proposed capacity of 20,000 MTPA
General corporate purposes
Promoted By
Karuturi Satyanaraya Murthy
Karuturi Subrahmanya Chowdary
Listing At
BSE
NSE
Registrar to the Issue
Bigshare Services Pvt Ltd
Adani Ports & Special Economic Zone Ltd     365.80   Down   -1.10 (-0.30%)   Asian Paints Ltd     1,267.70   Up   14.70 (1.17%)   Axis Bank Ltd     525.65   Up   12.60 (2.46%)   Bajaj Auto Ltd     2,832.20   Up   2.10 (0.07%)   Bajaj Finance Ltd     2,336.05   Up   78.60 (3.48%)   Bajaj Finserv Ltd     6,176.50   Up   184.95 (3.09%)   Bharat Petroleum Corporation Ltd     426.35   Up   4.40 (1.04%)   Bharti Airtel Ltd     374.55   Up   5.85 (1.59%)   Bharti Infratel Ltd     286.00   Up   6.40 (2.29%)   Cipla Ltd     615.75   Up   12.25 (2.03%)   Coal India Ltd     264.85   Down   -2.85 (-1.06%)   Dr Reddys Laboratories Ltd     2,336.25   Up   19.85 (0.86%)   Eicher Motors Ltd     29,140.65   Down   -284.25 (-0.97%)   GAIL (India) Ltd     340.00   Up   0.70 (0.21%)   Grasim Industries Ltd     1,010.40   Down   -1.55 (-0.15%)   HCL Technologies Ltd     904.80   Up   2.25 (0.25%)   HDFC Bank Ltd     2,083.35   Up   25.75 (1.25%)   Hero Honda Motors Ltd     3,637.65   Up   2.45 (0.07%)   Hindalco Industries Ltd     222.00   Down   -0.30 (-0.13%)   Hindustan Petroleum Corporation Ltd     311.15   Down   -4.05 (-1.28%)   Hindustan Unilever Ltd     1,608.10   Up   14.65 (0.92%)   Housing Development Finance Corporation Ltd     1,906.75   Up   47.85 (2.57%)   ICICI Bank Ltd     300.65   Up   2.70 (0.91%)   Indiabulls Housing Finance Ltd     1,199.65   Up   26.40 (2.25%)   Indian Oil Corporation Ltd     170.00   Down   -0.25 (-0.15%)   IndusInd Bank Ltd     1,953.25   Down   -7.25 (-0.37%)   Infosys Technologies Ltd     1,247.85   Up   1.30 (0.10%)   ITC Ltd     265.15   Up   4.30 (1.65%)   Kotak Mahindra Bank Ltd     1,321.40   Up   7.45 (0.57%)   Larsen & Toubro Ltd     1,299.85   Up   10.05 (0.78%)   Lupin Ltd     902.90   Up   3.25 (0.36%)   Mahindra & Mahindra Ltd     908.20   Up   24.60 (2.78%)   Maruti Suzuki India Ltd     8,874.90   Up   11.85 (0.13%)   NIFTY (S&P CNX)     10,821.85   Up   80.75 (0.75%)   NTPC Ltd     157.30   Up   2.05 (1.32%)   Oil & Natural Gas Corpn Ltd     159.55   Down   -0.15 (-0.09%)   Power Grid Corporation of India Ltd     197.70   Up   2.25 (1.15%)   Reliance Industries Ltd     1,012.50   Down   -19.45 (-1.88%)   State Bank of India     273.05   Up   4.40 (1.64%)   Sun Pharmaceuticals Industries Ltd     577.25   Up   22.75 (4.10%)   Tata Consultancy Services Ltd     1,809.80   Down   -9.55 (-0.52%)   Tata Motors Ltd     308.00   Up   1.00 (0.33%)   Tata Steel Ltd     561.85   Up   4.10 (0.74%)   Tech Mahindra Ltd     691.15   Up   5.85 (0.85%)   Titan Company Ltd     877.55   Up   9.15 (1.05%)   UltraTech Cement Ltd     3,641.05   Up   24.15 (0.67%)   UPL Ltd     640.20   Down   -5.80 (-0.90%)   Vedanta Ltd     228.55   Down   -0.50 (-0.22%)   Wipro Ltd     258.25   Down   -0.40 (-0.15%)   Yes Bank Ltd     335.10   Up   2.15 (0.65%)   Zee Entertainment Enterprises Ltd     565.75   Up   2.30 (0.41%)      NSE Data  -  www.nseindia.com (5 minutes delayed) syndicated by www.cmots.com