Italian Edibles
Italian Edibles Info
Details about the Italian Edibles IPO. Opening Date of Italian Edibles is 02 Feb 24 and Closing Date is 07 Feb 24 . Face Value of Each share of Italian Edibles is ₹10 per share. Fixed price of Italian Edibles is ₹68. The Lot size of Italian Edibles is 2,000 shares. Total issue size of Italian Edibles IPO is ₹26.66 cr. Fresh Issue of Italian Edibles IPO is 26.66 cr. This is a Fixed Price Issue IPO. Expected to list on NSE SME. Share Holding Pre Issue of Italian Edibles is 10,857,151. Share Holding Post Issue of Italian Edibles is 14,777,151.
Business Summary
Italian Edibles was originally incorporated on December 16, 2009
Italian Edibles offer a wide range of confectionery’s such as Rabdi [Meethai Sweet], Milk Paste, Chocolate Paste, Lollipops, Candies, Jelly Candies, Multi-Grain Puff Rolls, Fruit Based Products to their customers.
Company’s confectionery products are sold PAN India, majorly in rural and semi-urban.
Company had approximately 450 Suppliers and distributors located across 22 states in India and have they have exported the products through network of 5 merchant exporters
Company has two operational manufacturing unit that is operated by them and is located in Gram Palda, Indore and Prabhu Toll Kanta, Indore (Madhya Pradesh)
Italian Edibles IPO Details
| Open Date | 02 Feb 24 |
|---|---|
| Close Date | 07 Feb 24 |
| Face Value | ₹10 per shares |
| Price | ₹68 |
| Lot Size | 2,000 Shares |
| Total issue Size | 3,920,000 Shares ₹26.66 cr |
| Fresh Issue | 3,920,000 Shares ₹26.66 cr |
| Issue Type | Fixed Price Issue |
| Listing At | NSE SME |
| Share Holding Pre Issue | 10,857,151 |
| Share Holding Post Issue | 14,777,151 |
| Market Maker | Nikunj Stock Brokers |
| Market Maker Portion | 200,000 Shares |
| RHP , DHRP | View RHP, View DRHP |
Italian Edibles IPO Timeline
The Italian Edibles Initial Public Offering (IPO) is set to open on 02 Feb 24 and will end its subscription phase on 07 Feb 24. You can check your allotment status for Italian Edibles on 08 Feb 24. The refund process for your funds will start promptly on 09 Feb 24. Italian Edibles IPO credit of shares will be on 09 Feb 24. The listing date for Italian Edibles is on 12 Feb 24.
Open Date
Close Date
Basis Of Allotment
Initialization of Refund
Credit of Share
Listing Date
Italian Edibles IPO Reservation
The Italian Edibles IPO reserves shares for different investor categories. Approximately 50% of the Net Issue will be available for NII, 50% of the Net Issue will be available for Retail,
200,000 Shares will be reserved for subscription by Nikunj Stock Brokers
| Investor Category | Shares Offered |
|---|---|
| NII | 50% of the Net Issue |
| Retail | 50% of the Net Issue |
Italian Edibles IPO Lot Size
Bids can be made for minimum of 2000 shares and in multiple of 2000 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | 136,000 |
| Retail (Max) | 1 | 2,000 | 136,000 |
| HNI (Min) | 2 | 4,000 | 272,000 |
Italian Edibles IPO Promoters Holding
Promoters holding details for Italian Edibles in the current issue is as follows: The share holding of promoters before the issue stands at 100%, and after the issue, it has been adjusted to 73.47%.
Promoters of Italian Edibles are Mr. Ajay Makhija, Mr. Akshay Makhija,
| Share Holding Pre Issue | 100% |
|---|---|
| Share Holding Post Issue | 73.47% |
Italian Edibles Financial Information
Financial performance details for Italian Edibles over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 31 Aug 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| 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 |
Italian Edibles IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Italian Edibles are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 27.94 |
| ROCE | 19.32% |
| ROE | 24.50% |
| RoNW | 24.50% |
| EPS (Rs) | 2.43 |
Object of the Issue
- • Setting up of the proposed manufacturing unit
- • Repayment of certain Borrowings
- • To meet incremental working capital requirements
- • General Corporate Expenses
Contact Details for Italian Edibles
Phone
Office
Block No.03, Mangal Udhyog Nagar, Gram Palda, Indore452020, Madhya Pradesh, India
Registrar Details for Italian Edibles
Bigshare Services Pvt Ltd
Phone
Office
: S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai – 400093 MH, India.
Lead Manager
- • First Overseas Capital Limited