Oceanic Foods Limited IPO
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Oceanic Foods Limited engaged in the manufacture, processing, and sale of dehydrated food products in India. They provide dehydrated onion and garlic products and other dehydrated vegetables. Company major revenue is from the sale of dehydrated onion and garlic products in various forms like flakes, minced, powder, etc. They also manufacture other dehydrated vegetables like potato, ginger, spinach, coriander, carrot, cabbage, green chilly, etc.
They export dehydrated vegetables to various countries around the globe. Company’s products are internationally certified by US FDA, Kosher, and Halal and are domestically certified by FSSAI and APEDA.
Objects of the Oceanic Foods Limited IPO:
1. Working Capital requirements
2. Enhance Company's corporate image, brand name and create a public market for their Equity Shares
3. General Corporate Purpose
Oceanic Foods Limited IPO Details:
| Open Date: | Mar 20 2017 |
| Close Date: | Mar 22 2017 |
| Total Shares: | 1,000,000 |
| Face Value: | ₹ 10 Per Equity Share |
| Issue Type: | Fixed Price Issue IPO |
| Issue Size: | 6.50 Cr. |
| Lot Size: | 2000 Shares |
| Issue Price: | ₹ 65 Per Equity Share |
| Listing At: | BSE SME |
| Listing Date: | Mar 31 2017 |
Promoters And Management:
1. Vinodrai Patel
2. Ajesh Patel
Lead Manager of Oceanic Foods Limited IPO:
Registrar of Oceanic Foods Limited IPO:
Company Address:
Oceanic Foods Limited
Opp. Brooke Bond Factory,
P.N. Marg,
Jamnagar 361002
Phone: +91 288 2757366/77
Fax: +91 288 2757366
Email: cs@oceanicfoods.com
Website: www.oceanicfoods.com
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