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TFTAPIFRUITListed

Tapi Fruit Processing Limited

Fixed Price IPO · NSE

Price band
₹48 - ₹48
Lot size
3,000 shares
Issue amount
₹5.21 cr
Total subscription
2.62×
Current price₹41.8
Listing price ₹52.1
Watch live price ↗
Opens
12 Sept 2022
Closes
14 Sept 2022
Allotment
19 Sept 2022
Listing
22 Sept 2022

Offer at a glance

Issue overview

Issue size
10,86,000 shares
Face value
₹10 per share
Minimum investment
₹1,44,000
Fresh issue
₹5.21 cr
Offer for sale
₹0 cr
Registrar
Bigshare Services Pvt Ltd
Listing exchange
NSE
Maximum investment
₹1,44,000
Issue type
Fixed Price IPO
Shares before issue
28,27,500
Shares after issue
39,13,500

Lot sizes

CategoryLotsSharesAmount
RETAIL13,000₹1,44,000
HNI26,000₹2,88,000

Share reservation

Market Maker5.52%
NII (HNI)47.24%
RETAIL47.24%

Subscription & GMP

Subscription by category

Total subscribed2.62×

Subscription figures are awaiting publication.

GMP history

00.5127 Mar: ₹127 Nov: ₹1
27 Mar₹127 Nov

Application-wise demand

CategoryReserved applicationsApplied applications
——

Financial performance

Company financials

In Lakhs · Reported periods may include interim results.

Revenue & profitIn Lakhs
-50005001,0001,5002,000Mar-22 · Revenue: 1,522.09Mar-22 · Profit after tax: 15.6Mar-22 Mar-21 · Revenue: 1,312.5Mar-21 · Profit after tax: 10.06Mar-21 Mar-20 · Revenue: 1,145.69Mar-20 · Profit after tax: -0.86Mar-20
RevenueProfit after tax

Company information

Company profile

Incorporated in 1999 as a proprietorship by founder Ghanshyam Lukhi and later established as Tapi Fruit Processing Limited, the company is a manufacturer of jelly-based fruit products including candied, crystallised and glazed fruits, fruit bars, jellies, jams, fruit leathers, chutneys, sauces, beverages, fruit crushes, syrups, and nutraceutical items like vitamin gummies. All products are produced in-house at its Pipodara, Surat (Gujarat) manufacturing facilities, which hold certifications such as ISO 22000:2018 and FSSAI. With a strong pan-India distribution network, the company supplied its products across 28 states and Union Territories during FY 2021–22 through a network of 60 super-stockists.

Strengths

  • Organized Player in Candied Fruit & Jellies: One of the few organized companies in this confectionery segment with a strong market presence.
  • Wide & Established Distribution Network: Well-spread sales network enabling strong market reach.
  • Advanced Manufacturing & Quality Processes: Uses modern infrastructure, strong sourcing, and strict quality and food safety standards.
  • Diversified Product Portfolio: Offers a wide range of confectionery products.
  • Experienced Promoter & Management Team: Guided by leaders with strong industry experience.

Promoters

Ghanshyambhai Laljibhai Lukhi

Ashokkumar Laljibhai Lukhi

Registrar & documents

Lead manager

Fedex Securities Private Limited

Registered office

Office No. - 212 to 214, Sunrise Chambers, Near Ashok Colony, Mini Bazar, Varachha Road, Surat - 395006

9825503717

[email protected]Company website ↗

Understanding TAPIFRUIT IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.