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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.
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 Size | 1,000,000 shares (aggregating up to ₹6.50 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | BSE SME |
Share holding pre issue | 2,750,000 |
Share holding post issue | 3,750,000 |
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 |
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.
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.
[Dilip Davda] As the issue is aggressively priced, only risk savvy cash surplus investors may consider investment for long term. Read detail review...
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)
Category | Subscription (times) |
---|
Listing Date | March 31, 2017 |
BSE Script Code | 540405 |
NSE Symbol | |
ISIN | INE711V01010 |
Final Issue Price | ₹65 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
BSE SME |
---|
₹65.00 |
₹65.00 |
₹64.00 |
₹66.80 |
₹65.20 |
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
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
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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.
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