Italian Edibles Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 01-02-2024 | 06-02-2024 | 10 per share | 68 | 2000 Shares | NSE SME | 3,920,000 shares (aggregating up to ₹26.66 Cr) | 2024-02-07 18:30:00 | 2024-02-08 18:30:00 | 2024-02-08 18:30:00 | 11-02-2024 |
About The Company
Italian Edibles IPO is a fixed price issue of Rs 26.66 crores. The issue is entirely a fresh issue of 39.2 lakh shares.
Italian Edibles IPO opens for subscription on February 2, 2024 and closes on February 7, 2024. The allotment for the Italian Edibles IPO is expected to be finalized on Thursday, February 8, 2024. Italian Edibles IPO will list on NSE SME with tentative listing date fixed as Monday, February 12, 2024.
Italian Edibles IPO price is ₹68 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹136,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹272,000.
First Overseas Capital Limited is the book running lead manager of the Italian Edibles IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Italian Edibles IPO is Nikunj Stock Brokers.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 30-08-2023 | 4825 | 3052 | 210 | 1287.92 | 202.21 | 0 |
| 30-03-2023 | 4155 | 6330 | 264 | 1078.24 | 906.82 | 0 |
| 30-03-2022 | 3905 | 7545 | 80 | 814.03 | 642.6 | 0 |
| 30-03-2022 | 3905 | 7545 | 80 | 814.03 | 642.6 | 0 |
| 30-03-2021 | 3946 | 4899 | 87 | 583.82 | 433.82 | 0 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | 136000 |
| Retail (Max) | 1 | 2000 | 136000 |
| HNI (Min) | 2 | 4000 | 272000 |
IPO Listing Details
| Listing Date | 11-02-2024 |
| BSE Script Code | N/A |
| NSE Symbol | N/A |
| ISIN | N/A |
| Final Issue Price | 0 |
Promoter holdings
Mr. Ajay Makhija and Mr. Akshay Makhija
Contact Information of the Company
Italian Edibles Limited
309/1/1/8 Block No.03,
Mangal Udhyog Nagar, Gram Palda,
Indore - 452020
Phone: +91 9826298268
Email: italian_edibles@yahoo.com
Website: https://www.ofcoursegroup.com/
IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
IPO Lead Manager
Mr. Ajay Makhija and Mr. Akshay Makhija