Tapi Fruit IPO description – The company’s promoter Mr. Ghanshyam Laljibhai Lukhi started Tapi Food Products as a sole proprietorship firm in the year 1999. Entire business of this proprietorship was transferred to the company with effect from 11 July 2018. Its diversified product portfolio includes three categories:
• Candied, Crystallised and Glazed Fruit and Vegetable Products (Candied Fruit): These products are made out of 100% fruits and vegetables cooked in sugar syrup. The products under this category includes tooty fruity, karonda cherry, amla candy. These products under our brand “Tapi”, “MumMum” and “Boleto”.
• Fruit Bar, Jellies, Fruit Jam & Fruit Leathers (Fruit Jellies): A product made out of natural fruit pulps dried and shaped in to roll form or bar forms. The products under this category includes mango fruit rolls, tamarind bars etc. These are fruit jellies made from sugar, glucose, pectin along with fruit pulps added with flavours and colors. The products under this category includes jelly balls, fruit bears, fruit jelly pops, Jams, fruit katli and jelly cubes.
• Chutney & Sauces: In this category, the company sells Ketchup made from tomato paste under the “Tapi” brand.
• Beverages: Under this category, its products include fruit crush and fruit syrups.
• Nutraceutical Products: The company manufactures herbal base nutraceutical products as gummies, fortified with minerals as a functional food. These products are available as multi vitamin gummies, etc. All of its products are manufactured in-house at manufacturing facilities located in Pipodara village, Distt. Surat, Gujarat.
Promoters of Tapi Fruit – Ghanshyambhai Laljibhai Lukhi and Ashokkumar Laljibhai Lukhi
Tapi Fruit IPO Details
| Subscription Dates | 12 – 14 September 2022 |
| Price Band | INR48 per share |
| Fresh issue | 10,86,000 shares (INR5.21 crore) |
| Offer For Sale | Nil |
| Total IPO size | 10,86,000 shares (INR5.21 crore) |
| Minimum bid (lot size) | 3,000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE SME |
Tapi Fruit Financial Performance
| FY2020 | FY2021 | FY2022 | |
| Revenue | 1,145.29 | 1,303.31 | 1,516.33 |
| Expenses | 1,140.30 | 1,301.45 | 1,500.35 |
| Net income | (0.86) | 10.06 | 15.60 |
Tapi Fruit Offer News
Tapi Fruit Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | (0.09) | 1.07 | 1.66 |
| PE ratio | – | – | 28.92 |
| RONW (%) | (4.95) | 36.68 | 36.26 |
| NAV | – | 2.91 | 4.56 |
| Debt/Equity ratio | – | – | 12.40 |
| EBITDA (%) | – | – | – |
Tapi Fruit IPO GMP Daily Trend
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| 18 Sep 2022 | – | – | 5,000 |
| 17 Sep 2022 | – | – | 5,000 |
| 16 Sep 2022 | – | – | 5,000 |
| 15 Sep 2022 | – | – | 5,000 |
| 14 Sep 2022 | – | – | 5,000 |
| 13 Sep 2022 | – | – | 5,000 |
Tapi Fruit IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
| Shares Offered | 5,43,000 | 5,43,000 | 10,86,000 |
| Day 1 | 0.18 | 0.23 | 0.21 |
| Day 2 | 0.30 | 1.09 | 0.70 |
| Day 3 | 1.82 | 3.13 | 2.48 |
Tapi Fruit IPO Lead Manager
FEDEX SECURITIES PRIVATE LIMITED
B 7, 3rd Floor, Jay Chambers,
Dayaldas Road, Vile Parle – (East),
Mumbai – 400 057, Maharashtra
Phone: +91 81049 85249
E-mail: [email protected]
Website: www.fedsec.in
Tapi Fruit Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6 – 2, 6th Floor,
Pinnacle Business Park, Next to Ahura Centre,
Mahakali Cave Road, Andheri (East),
Mumbai – 400093, Maharashtra
Phone: 22 6263 8200
E-mail: [email protected]
Website: www.bigshareonline.com
Tapi Fruit IPO Contact Details
TAPI FRUIT PROCESSING LIMITED
Office No. – 212 to 214, Sunrise Chambers,
Near Ashok Colony, Mini Bazar,
Varachha Road, Surat – 395006, Gujarat
Phone: +91 9825503717
Email: [email protected]
Website: www.tapifood.com
Tapi Fruit IPO Allotment Status
Tapi Fruit IPO allotment is now available on Bigshare Services’ website. Click on this link to get allotment status.
Tapi Fruit IPO Timetable
| IPO Opening Date | 12 September 2022 |
| IPO Closing Date | 14 September 2022 |
| Finalisation of Basis of Allotment | 19 September2022 |
| Initiation of refunds | 20 September 2022 |
| Transfer of shares to demat accounts | 21 September 2022 |
| Listing Date | 22 September 2022 |
| Opening Price on NSE SME | INR52.10 per share (up 8.54% from IPO price) |
| Closing Price on NSE SME | INR54.70 per share (up 13.96% from IPO price) |
Tapi Fruit IPO FAQs
What is Tapi Fruit offer size?
Tapi Fruit offer size is INR5.21 crore.
What is Tapi Fruit IPO Price Band?
Tapi Fruit public offer price is INR48 per share.
What is the lot size of Tapi Fruit IPO?
Tapi Fruit offer lot size is 3,000 shares.
What is Tapi Fruit IPO GMP today?
Tapi Fruit IPO GMP today is NA per share.
What is Tapi Fruit kostak rate today?
Tapi Fruit kostak rate today is NA per application.
What is Tapi Fruit Subject to Sauda rate today?
Tapi Fruit Subject to Sauda rate today is INR5,000 per application.
