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
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Euro India Fresh Foods IPO details |
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| 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 |
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Euro India Fresh Foods’ financial performance (in INR crore) |
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| FY2013 | FY2014 | FY2015 | FY2016 | 6M FY2017 | |
| Total revenue |
11.79 |
47.74 | 42.78 | 47.41 |
21.06 |
| Total expenses |
11.77 |
47.15 | 41.97 | 47.19 |
23.37 |
| Profit after tax |
-0.02 |
0.26 | 0.41 | -0.05 |
-0.71 |
| Day |
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]
Website: www.euroindiafoods.com
Karvy Computershare Private Limited
Karvy Selenium Tower B, Plot 31-32,
Gachibowli, Nanakramguda,
Hyderabad – 500 032, Telangana
Phone: +91 40 6716 2222
Fax: +91 40 2343 1551
Email: [email protected]
Website: www.karvycomputershare.com
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)
When is the listing date ?
Got allotment and it is is listed now. listed price at 86 . now trading at 83
good return …
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