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IPO Details


Tanvi Foods (India) Ltd
Registered Office: Flat No 101 Alekhaya Homes, Temple Tree Raghavendra Colony, Hyderabad - 500084, Telangana
Phone:
Email: investors@tanvifoods.com
Website: www.tanvifoods.com
Public issue of 11,00,000 equity shares of Rs. 10/- each (equity shares) of Tanvi Foods (India) Limited (TFL or The Company) for cash at a price of Rs. 60 per share (The issue price), aggregating to Rs. 6.60 crores (The Issue) consisting of fresh issue of 6,72,000 equity shares aggregating to Rs. 4.03 crores and an offer for sale of 4,28,000 equity shares by the selling shareholders aggregating to Rs. 2.57 crores (Offer for Sale), of which 56,000 equity shares of Rs. 10 each will be reserved for subscription by market makers to the issue (The market maker reservation portion). The issue less market maker reservation portion i.e. issue of upto 10,44,000 equity shares of Rs. 10/- each is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 26.72% and 25.36%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10 and the issue price is 6.00 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
17-Feb-2017 22-Feb-2017 60.00 0.00
Minimum Application for shares in Nos : 2000 Further Multiples of : 2000
()Cr. Lead Managers to the Issue
Project Cost 3.67 Aryaman Financial Services Ltd
Project Financed through Current Offer 6.60
Post Issue Equity Share Capital 4.12
Issue Price 60.00
Projects
Long term working capital requirement
Expenditure for general corporate purposes
Promoted By
Adusumilli Sri Nagaveer
Listing At
BSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd

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