Annapurna Swadisht Limited is a manufacturer of snacks and food products namely Fryums, Cakes, Sweets, Namkeens, Chips and Gohona Bori.
Annapurna Swadisht Limited sells more than 12 Lakh packs of products daily. The company is one of the largest FMCG players in East India and we are the fastest growing segment in fryums, cakes, candies, Namkeen and potato chips.
Annapurna Swadisht Limited has two manufacturing units, one at Asansol with a built up area of approx. 50,142 sq.ft and in Siliguri with a built up area of approx. 35,000 m2 The daily production capacity of the Asansol manufacturing unit is 15 MT Fryums, while the daily production capacity of the Siliguri manufacturing unit is 10 MT Fryums.
The company’s products are sold under its own brands Jackpot, Chatpata Moon, Balloon, Finger, Rambo, Makeup Box, Dhamaka, Phoochka, Jungle Adventures, Ringa, Bachpan Ka Pyaar, Kurchure, Cream Filled Cake Vanilla, Cream Filled Cake Litchi, among others.
Annapurna Swadisht Limited has been certified by the Food Safety and Standards Authority of India (FSSAI) for our company’s quality management systems on our products.
As of the date of the Red Herring prospectus, the company employs 235 employees including administrative staff, skilled, semi-skilled and unskilled labor and has 225 employees on contract basis as of July 31, 2022. As of June 30, 2022, the company’s distribution network is valued at 300 no. distributors and 80 super distributors.
Competitive Strengths
- Availability of raw materials.
- Low wage labour availability.
- Good transportation system.
- Brand image.
Company Promoters
- Ritesh Shaw
- Shreeram Bagla
Company Financials
| Particulars | 31 March 2022 | 31 March 2021 | 31 March 2020 |
|---|---|---|---|
| Total Revenue | 6,105.46 | 2,029.99 | 1,374.55 |
| Total Expense | 5,591.27 | 1,881.69 | 1,297.39 |
| Profit Before Tax | 343.65 | 79.32 | 52.51 |
| Profit After Tax | 240.90 | 51.13 | 34.29 |
Object Of The Issue
- Funding the capital expenditure requirements.
- General Corporate Expenses.
Annapurna Swadisht IPO – Details
| IPO Opening Date | 15 September 2022 |
| IPO Closing Date | 19 September 2022 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | ₹10 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹68-₹70 |
| Market Lot | 2000 Shares |
| Min Order | 2000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | KFin Technologies Limited |
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 15% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 35% of the Net Offer |
Annapurna Swadisht IPO – Date Schedule
| IPO Open Date | 15 September 2022 |
| IPO Close Date | 19 September 2022 |
| Basis of Allotment Date | 22 September 2022 |
| Initiation of Refunds | 23 September 2022 |
| Credit of Shares to Demat Account | 26 September 2022 |
| IPO Listing Date | 27 September 2022 |
Annapurna Swadisht IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Minimum | 1 | 2000 | 1,40,000 |
| Maximum | 1 | 2000 | 1,40,000 |
Annapurna Swadisht IPO Promoter Holding
| Pre Issue Share Holding | 70.37% |
| Post Issue Share Holding | 51.85% |
Annapurna Swadisht IPO Prospectus
Company Contact Information
| Annapurna Swadisht Limited 90, Phears Lane, Unit No. 604, 6th floor, Kolkata- 700012 Phone: + 91 33 46032805 Email: cs@annapurnasnacks.in Website: http://www.annapurnasnacks.in/ |
Annapurna Swadisht IPO Registrar
| Skyline Financial Services Private Ltd Phone: 02228511022 Email: ipo@skylinerta.com Website: https://www.skylinerta.com/ |
Annapurna Swadisht IPO Lead Manager(s)
| 1. Corporate CapitalVentures Pvt Ltd |
Annapurna Swadisht IPO FAQs
| What is Annapurna Swadisht IPO? Annapurna Swadisht IPO is a SME IPO. The issue is priced at ₹70 per equity share. The IPO is to be listed on NSE SME. |
| When Annapurna Swadisht IPO will open? The IPO is to open on 15 September 2022 for QIB, NII and Retail Investors. |
| What is Annapurna Swadisht IPO Investors Portion? The investors’ portion for QIB-50%, NII-35%, and Retail 15%. |
| How to Apply the Annapurna Swadisht IPO? You can apply Annapurna Swadisht IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Annapurna Swadisht IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Annapurna Swadisht”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Annapurna Swadisht IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Annapurna Swadisht”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Annapurna Swadisht IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Annapurna Swadisht”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Annapurna Swadisht IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Annapurna Swadisht”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Annapurna Swadisht IPO Size? Annapurna Swadisht IPO size is ₹10 crores. |
| What is Annapurna Swadisht IPO Price Band? Annapurna Swadisht IPO Price Band is ₹70. |
| What is Annapurna Swadisht IPO Minimum and Maximum Lot Size? The minimum bid is 2000 Shares with ₹1,40,000 amount while the maximum bid is 2000 shares with ₹1,40,000. |
| What is the Annapurna Swadisht IPO Allotment Date? Annapurna Swadisht IPO allotment date is 22 September 2022. |
| What is the Annapurna Swadisht IPO Listing Date? Annapurna Swadisht IPO listing date is 27 September 2022. The IPO is to list on NSE SME. |
