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Oceanic Foods Limited IPO (Oceanic Foods IPO) Detail

March 20, 2017 - March 22, 2017

Oceanic Foods IPO is a fixed price issue of Rs 6.50 crores.

Oceanic Foods IPO bidding started from March 20, 2017 and ended on March 22, 2017. The shares got listed on BSE SME on March 31, 2017.

Oceanic Foods IPO price is ₹65 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹130,000.

Pantomath Capital Advisors Pvt Ltd is the book running lead manager of the Oceanic Foods IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to Oceanic Foods IPO RHP for detailed information.

Oceanic Foods IPO Details

IPO Date March 20, 2017 to March 22, 2017
Listing Date March 31, 2017
Face Value ₹10 per share
Price ₹65 per share
Lot Size 2000 Shares
Total Issue Size1,000,000 shares
(aggregating up to ₹6.50 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Share holding pre issue2,750,000
Share holding post issue3,750,000

Oceanic Foods IPO Lot Size

Investors can bid for a minimum of 2000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 2000 ₹130,000
Retail (Max) 1 2000 ₹130,000
Lot Size Calculator

About Oceanic Foods Limited

Incorporated in 1993, Oceanic Foods Limited engaged in the manufacture, processing, and sale of dehydrated food products in India. They provides dehydrated onion and garlic products and other dehydrated vegetables. Company‘s major revenue is from sale of dehydrated onion and garlic products in various forms like flakes, minced, powder, etc. They also manufacture other dehydrated vegetables like potato, ginger, spinach, coriander, carrot, cabbage, green chilly, etc.

They export dehydrated vegetables to various countries around the globe. Company's products are internationally certified by US FDA, Kosher and Halal and are domestically certified by FSSAI, and APEDA.

Objects of the Issue (Oceanic Foods IPO Objectives)

The object of the issue are:

1. Working Capital requirements;
2. Enhance Company's corporate image, brand name and create a public market for their Equity Shares;
3. General Corporate Purpose.

Oceanic Foods IPO Review (May apply)

[Dilip Davda]  As the issue is aggressively priced, only risk savvy cash surplus investors may consider investment for long term. Read detail review...


Oceanic Foods IPO Subscription Status (Bidding Detail)

The Oceanic Foods IPO is subscribed times on March 22, 2017 6:50:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Oceanic Foods IPO Prospectus

Oceanic Foods IPO Rating

31
2.8
Rating:Rated 2.8 stars
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Oceanic Foods IPO Listing Details

Listing Date March 31, 2017
BSE Script Code 540405
NSE Symbol
ISIN INE711V01010
Final Issue Price ₹65 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE SME
₹65.00
₹65.00
₹64.00
₹66.80
₹65.20

Check IPO Performance…

Oceanic Foods Limited Contact Details

Oceanic Foods Limited
Opp. Brooke Bond Factory,
P.N. Marg,
Jamnagar – 361002
Phone: +91 288 2757366/77
Email: cs@oceanicfoods.com
Website: http://www.oceanicfoods.com

Oceanic Foods IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html

Oceanic Foods IPO - Buy or Not

Oceanic Foods IPO Recommendation Summary

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Brokers 1 0 0
Members 0 0 0

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Oceanic Foods IPO FAQs

Oceanic Foods IPO is a SME IPO of 1,000,000 equity shares of the face value of ₹10 aggregating up to ₹6.50 Crores. The issue is priced at ₹65 per share. The minimum order quantity is 2000 Shares.

The IPO opens on March 20, 2017, and closes on March 22, 2017.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Oceanic Foods IPO opens on March 20, 2017 and closes on March 22, 2017.

Oceanic Foods IPO lot size is 2000 Shares, and the minimum amount required is ₹130,000.

You can apply in Oceanic Foods IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Oceanic Foods IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Oceanic Foods IPO allotment status.

The Oceanic Foods IPO listing date is on March 31, 2017.
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Oceanic Foods IPO Message Board

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20 Comments

15. rvr |   Link |  Bookmark |May 18, 2017 5:12:18 PM
NOW THE USELESS SERVICE NOT AVAILABLE
14. Arihant Pk |   Link |  Bookmark |May 18, 2017 3:25:45 PM
Jisko alot hua hai sbko msg mil gye kya?
Ya abhi pending hai....
Jisko alot nai hua money kb tak unblock hogi...
13. Prabhakaran Kuppusamy |   Link |  Bookmark |May 8, 2017 7:19:42 PM (400+ Posts, 300+ Likes)
Hold this for longterm. The reforms will benefit the food sector - which is evident that many food processing (based) companies are coming out with public issues.
12. singhsaab |   Link |  Bookmark |May 5, 2017 10:43:30 PM
got 15/17
11. romy jain |   Link |  Bookmark |May 5, 2017 9:13:54 AM
yesterday i suggest to buy.....all scrips gives more than 5%.....ok now today u buy strongly ;COAL INDIA-BOMBAY DYENG-SUDARSHAN CHEMICAL-SUMEET IND-SUNILHIGHTECH-JBM AUTO-IIFLHOLDINGS.......THESE 7 STOCKS TODAYS 7STAR.....WATCH AND TRUST...HAPPY INVESTING FRIENDS....
10. mukeshAHM |   Link |  Bookmark |March 31, 2017 5:22:12 PM
Applied 2 got 0 bad luck next time
9. IPO Bhavnagar |   Link |  Bookmark |March 30, 2017 7:19:26 PM (300+ Posts, 200+ Likes)
Expected Listing at Rs. 66... Issue Price Rs. 65.
8. IPOANALYSIS |   Link |  Bookmark |March 29, 2017 1:55:59 AM
i find it priced on higher side and hence skipped it. best of luck to allotees

i think it should list at same issue price .
8.1. Smiter |   Link |  Bookmark |April 10, 2017 12:33:56 PM
Great work...keep on guiding
7. Latha |   Link |  Bookmark |March 28, 2017 9:53:27 PM
Looks good, few of our relatives know the company well. Company have exposure across multiple locations. Should give decent returns over a period of time. Stay invested.
6. Septa |   Link |  Bookmark |March 28, 2017 9:43:36 PM (4000+ Posts, 4600+ Likes)
i have put application looks good
6.1. addy A |   Link |  Bookmark |March 28, 2017 11:41:36 PM
Dear Septa sir,
Can you please tell me, through which broker you have applied through this SME IPO?
I am consistently looking for broker who will provide me platform for SME IPOs, but I didn''t get it.
Thank you.
5. Bharat vaishnavi |   Link |  Bookmark |March 27, 2017 10:12:33 PM (200+ Posts)
Discount per listing hogi..
4. COMMONMAN |   Link |  Bookmark |March 27, 2017 9:52:33 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Money is released... Didnt got allotment
3. Tejas Mehta |   Link |  Bookmark |March 24, 2017 6:56:53 PM
Best company

2. Mr. Paresh Shah |   Link |  Bookmark |March 20, 2017 9:16:57 AM
Good Company. We deal with him with 3 years.
Go ahead.
2.1. UMESH PANDYA |   Link |  Bookmark |March 20, 2017 10:15:13 PM
Is not overpricing?
2.2. UMESH PANDYA |   Link |  Bookmark |March 20, 2017 10:18:35 PM
What type of dealing you''re with Oceonic, what about management? And fundamental?
1. satya |   Link |  Bookmark |March 16, 2017 6:06:15 PM
Hi Dilip Davda,
Why are you not considering EPS for Consolidated basis?
1.1. niceplaywins |   Link |  Bookmark |March 21, 2017 5:57:42 PM
is it worth applying..........