IPO Synopsis
Tapi Fruit Processing Ltd
Registered Office: Office No212to214 SunriseCham.,Near Ashok Colony Mini Bazar , Surat - 395006 , Gujarat , India.
Phone : 91-0261-9825503717   Fax:
Email :  cs@tapifood.com  
Website :  www.tapifood.com
Initial public issue of 10,86,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Tapi Fruit Processing Limited ("The Company" or the "Issuer") for cash at a price of Rs. 48 per equity share (the "Issue Price"), (including a premium of Rs. 38 per equity share), aggregating Rs. 5.21 crores ("The Issue"), of which 60,000 equity shares of face value of Rs. 10/- for cash at a price of Rs. 48 each aggregating Rs. 0.29 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 10,26,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 48 per equity share, aggregating to Rs. 4.92 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 27.75 % and 26.22% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price is 4.8 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
12-Sep-22 14-Sep-22 Rs48.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :3000  Further Multiples of :3000

  Rs Cr Lead Managers to the Issue
Project Cost 4.46
Fedex Securities Pvt Ltd
Project Financed through Current Offer 5.21  
Post Issue Equity Share Capital 3.91  
Issue Price Rs48.00  
Meeting incremental working capital requirementsGeneral corporate purposes
Repayment/prepayment of certain borrowings availed by the company
Promoted By
Ghanshyambhai Laljibhai Lukhi
Ashokkumar Laljibhai Lukhi
Listing At
Registrar to the Issue
Bigshare Services Pvt Ltd