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Italian Edibles Limited IPO

Italian Edibles Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
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Lot Size:
Subscription:
Listed Price: ₹ 55.00 (-19.12%)

Italian Edibles Limited's completed its IPO journey with a successful listing on NSE on 12-02-2024. The public offering mobilized 39,20,000 Shares in total capital, comprising 39,20,000 Shares in fresh equity.

The offering was conducted within the price band of ₹68 to ₹68, with minimum application lots of 2000 shares. Investor participation during the 02-02-2024 to 07-02-2024 subscription window determined the final allocation pattern.

The basis of allotment was announced on 08-02-2024, finalizing share distribution to successful applicants. The listing represents a significant corporate development, providing the company with enhanced visibility and access to public capital markets.

Italian Edibles IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Italian Edibles IPO Key Performance Indicator
Company Financials ( In Lakhs )

Italian Edibles IPO About Company

Founded in 2009, Italian Edibles Limited specializes in a wide range of confectionery products under its OfCour’s brand. Their offerings include Rabdi (Meethai Sweet), milk paste, chocolate paste, lollipops, candies, jelly sweets, multigrain puffed buns, and fruit-based treats. The company operates two manufacturing facilities in Indore, Madhya Pradesh and has a strong presence across India, particularly in rural and semi-urban markets in states like Andhra Pradesh, Maharashtra, Uttar Pradesh, Tamil Nadu, Punjab, and more. It also exports products to Nigeria, Yemen, Senegal, and Sudan. As of August 31, 2023, Italian Edibles serves a diverse customer base, including Chocolate World, Yuvraj Agency, Bakewell Biscuits Pvt Ltd, Ma Laxmi Traders, and Suria Distributor. Additionally, its Jelly Candies are supplied to Dharpal Premchand Ltd (BABA Group). With a dedicated sales and marketing team of 15 employees, the company continues to expand its reach and bring quality confectionery products to customers worldwide.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Italian Edibles IPO Strength Factors

NA


Italian Edibles IPO Risk Factors

NA


Italian Edibles IPO Lead Manager(s)

  • First Overseas Capital Limited

Italian Edibles IPO Promoter(s)

  1. Mr. Ajay Makhija
  2. Mr. Akshay Makhija



Italian Edibles IPO Company Details

Italian Edibles Limited
Phone:
address:

Italian Edibles IPO Registrar

Bigshare Services Private Limited
Name:
Phone:

Italian Edibles IPO FAQs