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Italian Edibles Ltd

Italian Edibles Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹68
₹68
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹68
Based on GMP
Min. Investment
₹136,000
1 lot × 2000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
02 Feb 2024
Close Date
07 Feb 2024
Allotment
08 Feb 2024
Listing Date
12 Feb 2024
Exchange
NSE SME
Price Band
₹68
Listing Price
See chart
Allotment Status
Price Band
₹68
Per share
Face Value
₹10 per share
 
Lot Size
2,000 Shares
per lot
Issue Size
39,20,000 shares (aggregating up to ₹26.66 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹136,000
1 lot
Pre-IPO Holding
1,08,57,151 shares
Promoters
Post-IPO Holding
1,47,77,151 shares
Promoters
P/E (Pre)
27.94x
 
P/E (Post)
19.97x
 
EPS (Pre)
₹2.43
 
EPS (Post)
₹3.41
 
UPI Deadline
2024-02-07
Mandate
Anchor AllotmentThu, 01 Feb 2024
Basis of AllotmentThu, 08 Feb 2024
Refund InitiationFri, 09 Feb 2024
Demat CreditFri, 09 Feb 2024
Listing DayMon, 12 Feb 2024
UPI Mandate Deadline2024-02-07
Sale TypeFresh Capital
Net Offer to Public37,20,000 shares (aggregating up to ₹25.30 Cr)
Market Maker Quota2,00,000 shares (aggregating up to ₹1.36 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Italian Edibles Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 07 Feb 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
200,000
₹1.36
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
3,920,000
100% ₹26.66
IPO Shares Offered
Italian Edibles Ltd IPO total issue size: ₹26.66 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 200,000 ₹1.36
5.10%
Total 3,920,000 ₹26.66
100.00%
* Based on upper price band ₹68 per share
Lot Size & Investment
Lot Size
2,000
Shares per Lot
Issue Price
₹68.00
Upper Band
Min Investment
₹136,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)24,000₹272,000
Retail (Max — 13 Lots)1326,000₹1,768,000
S-HNI (Min — 14 Lots)1428,000₹1,904,000
B-HNI (Min — 68 Lots)68136,000₹9,248,000
* Issue Price ₹68 × Lot Size 2,000 shares
IPO Schedule
Anchor
01 Feb 2024
✓ Done
IPO Open
02 Feb 2024
✓ Done
IPO Close
07 Feb 2024
✓ Done
Allotment
08 Feb 2024
✓ Done
Refunds
09 Feb 2024
✓ Done
Demat Credit
09 Feb 2024
✓ Done
Listing Day
12 Feb 2024
✓ Done
Italian Edibles Ltd — Live Price LIVE
₹68.00
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Issue ₹68.00 Live Price
About Italian Edibles Ltd
Founded in 2009, Italian Edibles Limited offers a wide range of confectionery products such as Rabdi [Meethai Sweet], milk paste, chocolate paste, lollipops, candies, jelly sweets, multigrain puffed buns, and fruit-based products under its OfCour's brand.The company has two manufacturing facilities at Gram Palda, Indore and Prabhu Toll Kanta, Indore (Madhya Pradesh).Italian Edibles is present all over India, especially in the rural and semi-urban areas of Andhra Pradesh, Assam, Bihar, Chhattisgarh, Delhi, Gujarat, Haryana, Himachal Pradesh, Jammu & Kashmir, Jharkhand, Karnataka, Kerela, Madhya Pradesh, Maharashtra, Odisha, Punjab, Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh, Uttarakhand and West Bengal. The company also exports its products to various countries such as Nigeria, Yemen, Sinegal, and Sudan.As of August 31, 2023, the Company's customer list includes Chocolate World, Yuvraj Agency, Bakewell Biscuits Private Limited, R. K. Prabhavati Tarders, Mamta Stores, Ma Laxmi Traders, Suria Distributor, etc. In addition, one of its products, namely Jelly Candies, is sold to Dharpal Premchand Ltd (BABA) Group.The company has a dedicated sales and marketing team consisting of 15 employees. 
Objects of the Issue
1
Setting up of the proposed manufacturing unit;
2
Repayment of certain Borrowings;
3
To meet incremental working capital requirements; and
4
General Corporate Expenses.
Italian Edibles Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹7,545.3
31 Mar 2022
₹6,330.1
31 Mar 2023
₹3,052.2
31 Aug 2023
Profit After Tax (PAT)
₹80.2
31 Mar 2022
₹264.2
31 Mar 2023
₹209.7
31 Aug 2023
Particulars31 Aug 202331 Mar 202331 Mar 2022
Revenue from Operations 3052.16 6330.09 7545.25
EBITDA N/A N/A N/A
Profit After Tax (PAT) 209.68 264.21 80.21
Net Worth 1287.92 1078.24 814.03
Total Assets 4824.64 4155.24 3905.45
Reserves & Surplus 202.21 906.82 642.60
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
P/BV Ratio
1.08
RoE
24.50%
RoCE
19.32%
RoNW
24.50%
Debt/Equity
1.60
Issue Structure & Shareholding
Total Shares Offered39,20,000 (100.00%)
Net Offer to Public37,20,000 shares (aggregating up to ₹25.30 Cr)
Reserved for Market Maker2,00,000 shares (aggregating up to ₹1.36 Cr)
Pre-Issue Promoter Holding1,08,57,151 shares
Post-Issue Promoter Holding1,47,77,151 shares
P/BV Ratio1.08
RoE24.50%
RoCE19.32%
Debt / Equity1.60
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
First Overseas Capital Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Italian Edibles Ltd IPO subscribed?

Italian Edibles Ltd IPO is subscribed 1.00 times by Feb 07, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Italian Edibles Ltd IPO retail subscription status?

The Italian Edibles Ltd IPO retail category is subscribed 1.00 times as of 07 Feb 2024. The retail portion is oversubscribed.

How to subscribe Italian Edibles Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 02 Feb 2024 and closes 07 Feb 2024. Min investment: ₹136,000 (1 lot = 2,000 shares). UPI mandate: 2024-02-07.

How many times Italian Edibles Ltd IPO subscribed?

The Italian Edibles Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Italian Edibles Ltd IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 08 Feb 2024. Refunds: on 09 Feb 2024.

When Italian Edibles Ltd IPO will be listed?

The Italian Edibles Ltd IPO listing date is 12 Feb 2024, Monday. Listed on: NSE SME. Issue price: ₹68. Estimated listing: ₹68. GMP: NIL.

When Italian Edibles Ltd IPO close?

The Italian Edibles Ltd IPO closes on 07 Feb 2024, Wednesday. UPI mandate: 2024-02-07. Allotment: 08 Feb 2024. Listing: 12 Feb 2024.