Euro India Fresh Foods IPO


Euro India Fresh Foods IPO

Euro India Fresh Foods IPO


Incorporated in 2009, Euro India Fresh Foods is a known brand of Gujarat supplying wide range of packaged snacks and fruit beverage products under its flagship brand “Euro – Fresh Khao Healthy Raho”. The company is engaged in manufacturing of chips, extruder snacks, namkeen, farali, Chikki, fruit beverages and packaged drinking water.

At present, the company has 5 consignee depots, 93 super stockist and over 280 distributors. With this, the company has covered 10 states in India and is in the process of setting up distribution network in Goa and Chattisgarh.

Promoters of Euro India Fresh Foods – Manharbhai Sanspara, Dinesh Sanspara and Maheshkumar Mavani

Euro India Fresh Foods IPO details

Subscription Dates 21 – 24 Mar 2017
IPO Price band INR78 per share
Fresh issue 4,800,000 shares (INR37.44 crore)
Offer for sale 1,771,200 shares (INR13.81 crore)
Total IPO size 6,571,200 shares (INR51.25 crore)
Minimum bid (lot size) 1,600 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On NSE Emerge SME platform


Euro India Fresh Foods’ financial performance (in INR crore)

FY2013 FY2014 FY2015 FY2016 6M FY2017
Total revenue


47.74 42.78 47.41


Total expenses


47.15 41.97 47.19


Profit after tax


0.26 0.41 -0.05




Subscription (no. of times)

Day 1  0.24
Day 2  0.34
Day 3  0.76
Day 4  1.10

Euro India Fresh Foods Limited
A 22/1, GIDC, Ichhapore,
Surat 394 510, Gujarat

Phone: +91 261 291 3041
Email: [email protected]

Karvy Computershare Private Limited
Karvy Selenium Tower B, Plot 31-32,
Gachibowli, Nanakramguda,
Hyderabad – 500 032, Telangana

Phone: +91 40 6716 2222 
+91 40 2343 1551 
 [email protected]

Euro India Fresh Foods IPO allotment status is available on Karvy Computershare’s website. Click on this link to get allotment status. You can also check allotment status using application number on this link.

IPO Opening Date: 21 March 2017

IPO Closing Date: 24 March 2017

Listing Date: 31 March 2017

Listing Price on NSE SME: INR82.4 per share (return of 5.6% over IPO price)

Closing Price on NSE SME: INR89.85 per share (return of 15.2% over IPO price)


  1. Thanks ,

    I also allotted full … it is now 15 % up on first day.. Expect good return as the summer just starting and company is expanding in Goa and Chattiosgad… Cool


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