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IPO Details


Apex Frozen Foods Ltd
Registered Office: 3-160 Panasapadu, Kakinada, East Godavari - 533005, Andhra Pradesh
Phone: 91-884-2383902/03/04
Email: cs@apexfrozenfoods.com
Website: www.apexfrozenfoods.in
Public issue of up to 8,700,000 equity shares of face value alue of Rs. 10 each (the equity shares) of Apex Frozen Foods limited (the company or issuer) for cash at a price of Rs. 175 per equity share (including a share premium of Rs. 165 per equity share) aggregating up to Rs. 152.25 Crores (the issue) comprising of a fresh issue of 7,250,000 equity shares by the company aggregating to Rs. 126.88 crores (the fresh issue) and an offer for sale of 725,000 equity shares by karuturi satyanarayana murthy referredto as the promoter selling shareholder) and 725,000 equity shares by karuturi padmavathi (referred to as (the promoter group selling shareholder) (together referred to as the selling shareholders) aggregating to Rs. 2.54 crores (offer for sale). The issue includes a reservation of 400,000 equity shares, aggregating to Rs. 7 crores, for subscriptionby eligible employees (as defined herein) not exceeding 5% of the post-issue paid up equity share capital (the employee Reservation portion). The issue less the employee reservation is hereinafter referred to as the net issue. The issue would constitute 27.84 %, of the post-issue paid-up equity share capital and the net issue to the public would constitute 26.56% of the post-issue paid-up share capital. The issue price: Rs. 175 per equity share of face value of Rs.10 each. The issue price is 17.5 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
22-Aug-2017 24-Aug-2017 175.00 0.00
Minimum Application for shares in Nos : 80 Further Multiples of : 80
()Cr. Lead Managers to the Issue
Project Cost 0.00 Karvy Investor Services Ltd
Project Financed through Current Offer 152.25
Post Issue Equity Share Capital 31.25
Issue Price 175.00
Projects
Setting up a new Shrimp Processing unit with a proposed capacity of 20,000 MTPA
General corporate purposes
Promoted By
Karuturi Satyanaraya Murthy
Karuturi Subrahmanya Chowdary
Listing At
BSE
NSE
Registrar to the Issue
Bigshare Services Pvt Ltd

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