Issue Price
₹175
Per Share
GMP
NIL
Grey Market
Est. Listing
₹175
Expected Price
Min. Application
₹28,000
2 lots × 80 shares
Incorporated in 1995, Apex Frozen Foods Limited is in the business of produces and exports aquaculture products. They supply their products to food companies, retail chains, restaurants, club stores and distributors. Apex produces two kinds of shrimps namely the Whiteleg shrimp (Litopenaeus vannamei) and the Black Tiger Shrimp (Penaeus monodon).They have operations in the United States, United Kingdom and various European countries. Company's output majorly comprises of variants of processed Vannamei shrimp (White shrimp) and are sold under the brands namely Bay fresh, Bay Harvest and BayPremium.
Apex Frozen Foods Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 8,700,000 | 100.00% | ₹152.25 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 80 | ₹14,000 |
| Retail (Max) | 1 | 80 | ₹14,000 |
| sNII (Min) | 15 | 1,200 | ₹210,000 |
| bNII (Min) | 72 | 5,760 | ₹1,008,000 |
| Particulars | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
|---|---|---|---|
| Revenue from Operations | 709.68 | 608.27 | 604.37 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 24.93 | 19.70 | 18.57 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 257.44 | 178.79 | 165.14 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |