Italian Edibles Limited IPO
Important Dates:-
| Particulars | Value |
|---|---|
| Open Date:- | February 2, 2024 |
| Close Date:- | February 7, 2024 |
| Allotment Date:- | February 8, 2024 |
| Listing Date:- | February 12, 2024 |
About Italian Edibles Limited :-
Established in 2009, Italian Edibles Limited is a renowned provider of a diverse range of confectionery products, including Rabdi (Meethai Sweet), milk paste, chocolate paste, lollipops, candies, jelly sweets, multigrain puffed buns, and fruit-based items, all offered under its OfCour's brand.
Operating with two manufacturing facilities located at Gram Palda and Prabhu Toll Kanta in Indore, Madhya Pradesh, Italian Edibles has a widespread presence across India, particularly in rural and semi-urban areas of Andhra Pradesh, Assam, Bihar, Chhattisgarh, Delhi, Gujarat, Haryana, Himachal Pradesh, Jammu & Kashmir, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Odisha, Punjab, Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh, Uttarakhand, and West Bengal. The company also exports its products to various countries, including Nigeria, Yemen, Senegal, and Sudan.
As of August 31, 2023, Italian Edibles Limited boasts an impressive customer list that includes Chocolate World, Yuvraj Agency, Bakewell Biscuits Private Limited, R. K. Prabhavati Traders, Mamta Stores, Ma Laxmi Traders, Suria Distributor, among others. Additionally, one of its standout products, Jelly Candies, is supplied to Dharpal Premchand Ltd (BABA) Group.
The company's dedicated sales and marketing team comprises 15 employees, contributing to its continued success.
Contact Details :-
Address:- Italian Edibles Limited 309/1/1/8 Block No.03, Mangal Udhyog Nagar, Gram Palda, Indore - 452020
Phone:- +91 9826298268
E-mail:- italian_edibles@yahoo.com
Website:- https://www.ofcoursegroup.com/
IPO Details :-
| Particulars | Value |
|---|---|
| IPO Type:- | SME |
| Price:- | ₹68 |
| Lot Size:- | 2000 |
| Minimum Amount for 1 Lot:- | ₹1,36,000 |
| Listing At:- | NSE SME |
| Total issue of Shares:- | 39,20,000 |
| Total issue Size:- | ₹26.66 Crore |
| Fresh issue of Shares:- | 39,20,000 |
| Fresh issue Size:- | ₹26.66 Crore |
| Face Value:- | ₹10 per Equity Share |
Financial Information :-
Amount in ₹ Lakh
| Period Ended | 31 Aug 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 4,824.64 | 4,155.24 | 3,905.45 | 3,946.43 |
| Revenue | 3,052.16 | 6,330.09 | 7,545.25 | 4,899.44 |
| Profit After Tax | 209.68 | 264.21 | 80.21 | 86.52 |
| Net Worth | 1,287.92 | 1,078.24 | 814.03 | 583.82 |
| Reserves and Surplus | 202.21 | 906.82 | 642.60 | 433.82 |
| Total Borrowing |
Key Performance Indicator :-
| Particulars | Value |
|---|---|
| Market Cap (₹ in Crore):- | 100 |
| ROE:- | 24.50% |
| ROCE:- | 19.32% |
| Debt/Equity:- | 1.6 |
| RoNW:- | 24.50% |
IPO Prospectus :-
| Particulars | Link |
|---|---|
| Italian Edibles Limited IPO DHRP:- | Click Here |
| Italian Edibles Limited IPO RHP:- | Click Here |
GMP :-
| GMP Date | GMP | Estimated Listing Price | Estimated Listing Gain |
|---|---|---|---|
| 02-02-2024 | ₹20 | ₹88 | 29.41% |
| 03-02-2024 | ₹20 | ₹88 | 29.41% |
| 04-02-2024 | ₹20 | ₹88 | 29.41% |
| 05-02-2024 | ₹20 | ₹88 | 29.41% |
| 06-02-2024 | ₹15 | ₹83 | 22.06% |
| 07-02-2024 | ₹15 | ₹83 | 22.06% |
| 08-02-2024 | ₹18 | ₹86 | 26.47% |
| 09-02-2024 | ₹18 | ₹86 | 26.47% |
| 10-02-2024 | ₹12 | ₹80 | 17.65% |
| 11-02-2024 | ₹12 | ₹80 | 17.65% |
| 12-02-2024 | ₹12 | ₹80 | 17.65% |
Subscription Details :-
| Date | QIB | NII | Retail | Employee | Other | Total |
|---|---|---|---|---|---|---|
| February 2, 2024 | 7.50 | 4.42 | ||||
| February 5, 2024 | 27.45 | 16.25 | ||||
| February 6, 2024 | 54.04 | 34.12 | ||||
| February 7, 2024 | 120.25 | 154.23 |
Listing Details :-
| Particulars | Value |
|---|---|
| Listing Date:- | February 12, 2024 |
| NSE Symbol :- | ITALIANE |
| ISIN:- | INE0R7R01018 |
| Final Issue Price:- | ₹68.00 |
| Open:- | ₹55.00 |
| Low:- | ₹52.25 |
| High:- | ₹57.75 |
| Close:- | ₹57.75 |
Italian Edibles Limited IPO FAQ :-
What is the opening date for Italian Edibles Limited IPO?
The Italian Edibles Limited IPO opens on February 2, 2024.
What is the closing date for Italian Edibles Limited IPO?
The Italian Edibles Limited IPO closes on February 7, 2024.
When will the shares be allotted for Italian Edibles Limited IPO?
Shares of Italian Edibles Limited IPO will be allotted on February 8, 2024.
What is the listing date for Italian Edibles Limited IPO?
The listing date for Italian Edibles Limited IPO is February 12, 2024.
What is the price/ price range for Italian Edibles Limited IPO?
The price/ price range for Italian Edibles Limited IPO is ₹68.
What is the minimum lot size for the Italian Edibles Limited IPO?
The minimum lot size for Italian Edibles Limited IPO is 2000 shares.
What is the minimum investment required for retail investors in the Italian Edibles Limited IPO?
The minimum investment required for retail investors in the Italian Edibles Limited IPO is ₹1,36,000.
What type of IPO is the Italian Edibles Limited IPO?
The type of Italian Edibles Limited IPO is SME.
What is the total issue size of the Italian Edibles Limited IPO?
The total issue size of Italian Edibles Limited IPO is ₹26.66 Crore.
How many shares are being offered in the Italian Edibles Limited IPO?
Total 39,20,000 shares are being offered in the Italian Edibles Limited IPO.
What is the face value of Italian Edibles Limited IPO share?
The face value of Italian Edibles Limited IPO share is ₹10.
What is the market capitalization of the Italian Edibles Limited IPO?
The market capitalization of the Italian Edibles Limited IPO is ₹100.48 Crore.
Who is the registrar for the Italian Edibles Limited IPO?
The registrar for the Italian Edibles Limited IPO is .
Where can I check the IPO Allotment status for Italian Edibles Limited IPO?
You can check the IPO Allotment status for Italian Edibles Limited IPO at .
What is the email address and website of Italian Edibles Limited IPO?
The email address of Italian Edibles Limited IPO is italian_edibles@yahoo.com and website is https://www.ofcoursegroup.com/.
What is the Italian Edibles Limited IPO GMP (Grey Market Premium) as of 12-02-2024?
The latest GMP for Italian Edibles Limited IPO is ₹12 as of 12-02-2024.