Incorporated in 1995, Apex Frozen Foods Limited is in the business of produces and exports aquaculture products. They supply their products to food companies, retail chains, restaurants, club stores and distributors. Apex produces two kinds of shrimps namely the Whiteleg shrimp (Litopenaeus vannamei) and the Black Tiger Shrimp (Penaeus monodon).
They have operations in the United States, United Kingdom and various European countries. Company’s output majorly comprises of variants of processed Vannamei shrimp (White shrimp) and are sold under the brands namely Bay fresh, Bay Harvest and BayPremium.
Apex Frozen Foods IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹171 to ₹175 per equity share |
| Market Lot | 80 Shares |
| Min Order Quantity | 80 Shares |
| Listing At | BSE, NSE |
| BSE Script Code | 540692 |
| NSE Symbol | APEX |
| ISIN | INE346W01013 |
| Issue Size | Aggregating up to ₹152.25 Cr |
Apex Frozen Foods IPO Tentative Timetable
| PARTICULAR | DATE |
| IPO Open Date | 22-Aug-17 |
| IPO Close Date | 24-Aug-17 |
| Basis of Allotment Date | 30-Aug-17 |
| IPO Listing Date | 4-Sep-17 |
Apex Frozen Foods IPO Lot Size
| Application | Lots | Shares | Amount (Cut-off) |
| Minimum | 1 | 80 | ₹14,000 |
| Maximum | 14 | 1120 | ₹196,000 |
IPO Allotment Status
Please Click Hare To Check Ipo allotment Status for Apex Frozen Foods Ltd
Company Promoters:
The promoters of the company are:
- Karuturi Satyanarayana Murthy
- Karuturi Subrahmanya Chowdary
Company Financials:
| PARTICULAR | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 |
| Total Assets | 257.44 | 178.79 | 165.14 | 140.46 | 94.35 |
| Total Revenue | 709.68 | 608.27 | 604.37 | 514.57 | 255.48 |
| Profit After Tax | 24.93 | 19.7 | 18.57 | 13.42 | 9.42 |
Objects of the Issue:
The object of the issue are to:
- Setting up a new shrimp processing unit with a proposed capacity of 20,000 MT PA at East Godavari District, Andhra Pradesh (“Project”);
- General Corporate purposes
Registrar & Company Details
| Company Contact Information | Apex Frozen Foods IPO Registrar |
| Apex Frozen Foods Ltd 3-160, Panasapadu, Kakinada, East Godavari – 533 005 Phone: +91 884 2383 902/03/04 Email: cs@apexfrozenfoods.com Website: http://www.apexfrozenfoods.in | Bigshare Services Pvt Ltd 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis,Makwana Road, Marol, Andheri(E), Mumbai – 400 059 Phone: +91-22-6263 8200 Email: investor@bigshareonline.com Website: http://www.bigshareonline.com |
