Company name TAPI has derive from its initial T-Towards, A-Agro, P-Products and I –Innovation and holy river name Tapi of Surat city. It has started with core objective of fruit and vegetable processing with clear mission of generation of 1000 people’s employment (direct and indirect) and 1 million metric tonnes fruit and vegetable procession by 2025. It is India’s first fruit processing industry having commercial application of renewable solar energy since 2007.
Tapi Fruit Processing Ltd., is one of the top leading jelly based fruit products manufacturing company and having market presence in PAN India along with exports to USA, Canada, Gulf, UAE African countries, Australia and New Zealand.
Our diversified product portfolio enables us to cater to a wide range of taste preferences and consumer segments, including adults and children. Our products in the Candied Fruit and Fruit Jellies, are primarily targeted at the children and youth while our other products are for all consumer segments. Our diversified product portfolio is therefore, relatively less susceptible to shifts in consumer preferences, market trends and risks of operating in a particular product segment.
We manufacture our nutraceutical range of products under the private labeling arrangement and contract manufacturing arrangements with our customers.
Competitive Strengths
- Leading player in the fruits and vegetable processing industry with a wide array of products;
- Strong relationships with the large and emerging global and Indian companies and brands;
- Strategically located multi-functional production facilities with quality certifications;
- Large scale procurement and storage capabilities; and
- Experienced Promoter and management team;
Company Promoters
- Ghanshyambhai Laljibhai Lukhi
- Ashokkumar Laljibhai Lukhi
Company Financials
| Particulars | 31 March 2022 | 31 March 2021 | 31 March 2020 |
|---|---|---|---|
| Total Revenue | 1522.09 | 1312.50 | 1145.69 |
| Total Expense | 1500.35 | 1301.45 | 1140.30 |
| Profit Before Tax | 21.07 | 11.05 | 5.39 |
| Profit After Tax | 15.60 | 10.06 | -0.86 |
Object Of The Issue
- Meeting incremental working capital requirements.
- Repayment / prepayment of certain borrowings availed by our Company.
- General corporate purposes.
Tapi Fruit Processing IPO – Details
| IPO Opening Date | 12 September 2022 |
| IPO Closing Date | 14 September 2022 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | ₹5.22 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹48 |
| Market Lot | 3000 Shares |
| Min Order | 3000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Bigshare Services Private Limited |
| Retail Shares Offered | 50% of the net offer |
| NII (HNI) Shares Offered | 50% of the net offer |
Tapi Fruit Processing IPO – Date Schedule
| IPO Open Date | 12 September 2022 |
| IPO Close Date | 14 September 2022 |
| Basis of Allotment Date | 19 September 2022 |
| Initiation of Refunds | 20 September 2022 |
| Credit of Shares to Demat Account | 21 September 2022 |
| IPO Listing Date | 22 September 2022 |
Tapi Fruit Processing IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Minimum | 1 | 3000 | 1,44,000 |
| Maximum | 1 | 3000 | 1,44,000 |
Tapi Fruit Processing IPO Promoter Holding
| Pre Issue Share Holding | 99.94% |
| Post Issue Share Holding |
Tapi Fruit Processing IPO Prospectus
Company Contact Information
| Tapi Fruit Processing Limited Office No. – 212 to 214, Sunrise Chambers, Near Ashok Colony, Mini Bazar, Varachha Road, Surat – 395006 Phone: 9825503717 Email: cs@tapifood.com Website: https://www.tapifood.com/ |
Tapi Fruit Processing IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: http://www.bigshareonline.com |
Tapi Fruit Processing IPO Lead Manager(s)
| 1. Fedex Securities Limited |
Tapi Fruit Processing IPO FAQs
| What is Tapi Fruit Processing IPO? Tapi Fruit Processing IPO is a SME IPO. The issue is priced at ₹48 per equity share. The IPO is to be listed on NSE SME. |
| When Tapi Fruit Processing IPO will open? The IPO is to open on 12 September 2022 for NII and Retail Investors. |
| What is Tapi Fruit Processing IPO Investors Portion? The investors’ portion for NII-50%, and Retail 50%. |
| How to Tapi Fruit Processing IPO? You can apply Tapi Fruit Processing 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 Tapi Fruit Processing IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Tapi Fruit Processing”. 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 Tapi Fruit Processing IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Tapi Fruit Processing”. 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 Tapi Fruit Processing IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Tapi Fruit Processing”. 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 Tapi Fruit Processing IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Tapi Fruit Processing”. 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 Tapi Fruit Processing IPO Size? Tapi Fruit Processing IPO size is ₹5.22 crores. |
| What is Tapi Fruit Processing IPO Price Band? Tapi Fruit Processing IPO Price Band is ₹48. |
| What is Tapi Fruit Processing IPO Minimum and Maximum Lot Size? The minimum bid is 3000 Shares with ₹1,44,000 amount while the maximum bid is 3000 shares with ₹1,44,000. |
| What is the Tapi Fruit Processing IPO Allotment Date? Tapi Fruit Processing IPO allotment date is September 2022. |
| What is the Tapi Fruit Processing IPO Listing Date? Tapi Fruit Processing IPO listing date is September 2022. The IPO is to list on NSE SME. |
