Apex Frozen Foods Limited IPO

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Apex Frozen Foods is one of the integrated producer and exporter of shelf stable quality aquaculture products. We supply our ready-to-cook products to a diversified customer base consisting of food companies, retail chains, restaurants, club stores and distributors spread across the developed markets of USA, UK and various European countries. Our output majorly comprises of variants of processed Vannamei shrimp (White shrimp) and are sold under the brands owned by our customers and also through our brands namely Bay fresh, Bay Harvest and BayPremium.
Our processing facility is located at Kakinada, Andhra Pradesh with a capacity to process approximately over 9,240 MTPA of finished products and an additional non-exclusive pre-processing and processing arrangement at a facility owned by Royale Marine Impex Private Limited located at Bapatla, Andhra Pradesh, for a capacity to process around 3,000 MTPA of finished products. Further, our Company has entered into an addendum to lease agreement dated April 09, 2017 with Royale Marine Impex Private Limited for an additional processing capacity of 3000 MTPA of finished products. The processing facilities are supplemented by cold storage facilities located at Kakinada and Bapatla. Along with this, to further assuage our operations, we have our own fleet of vehicles with freezing capabilities.

Apex Frozen Foods Limited IPO Stock Quote & Charts

337.85

-4.87%

  • Open: 354.55
  • High - Low: 356.60 - 337.40
  • Previous Close: 355.15
  • Total Traded Volume: 109580
  • Updated On: 19-Jul-2018

Objects of the Apex Frozen Foods Limited IPO:

1. Setting up a new shrimp processing unit with a proposed capacity of 20,000 MT PA at East Godavari District, Andhra Pradesh 2. General Corporate purposes

Apex Frozen Foods Limited IPO Details:

Open Date: Aug 22 2017
Close Date: Aug 24 2017
Total Shares: 8,700,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Book Built Issue IPO
Issue Size: 152.25 Cr.
Lot Size: 80 Shares
Issue Price: ₹ 171-175 Per Equity Share
Listing At: NSE,BSE
Listing Date: Sep 04 2017

Promoters And Management:

1. Karuturi Satyanarayana Murthy 2. Karuturi Subrahmanya Chowdary

Financials of Apex Frozen Foods Limited IPO as per DRHP:

Summary of financial Information (Consolidated)
Particulars For the year/period ended (in Rs. Crore)
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 19.70 18.57 13.42 9.42

Lead Manager of Apex Frozen Foods Limited IPO:

  1. Karvy Investor Services Limited

Registrar of Apex Frozen Foods Limited IPO:

  1. Bigshare Services Private Limited

Company Address:

Apex Frozen Foods Limited 3-160, Panasapadu, Kakinada, East Godavari - 533 005 Phone: +91 884 2383 902/03/04 Fax: +91 884 2383 905/906 Email: cs@apexfrozenfoods.com Website: www.apexfrozenfoods.in

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