
Fast-Moving Consumer Goods (FMCG) · NSE
Incorporated in 2015, Annapurna Swadisht Limited is a major snacks and food products manufacturer in Eastern India, producing fryums, cakes, candies, namkeen, chips, and Gohona Bori. The company sells over 12 lakh packets daily and is among the fastest-growing FMCG players in its category. It operates two manufacturing units—one in Asansol with a 50,142 sq. ft. facility and a daily fryums capacity of 15 MT, and another in Siliguri with a 35,000 sq. ft. facility and a 10 MT daily capacity. Annapurna markets its products under several popular brand names including Jackpot, Chatpata Moon, Balloon, Rambo, Kurchure, and multiple cream-filled cake variants. The company is FSSAI certified and, as of July 31, 2022, employed 235 staff along with 225 contractual workers. As of June 30, 2022, its strong distribution network consisted of 300 distributors and 80 super distributors.
Price Band
₹70
Issue Size
₹30.25 Cr
Lot Size
2000 shares
GMP
+65.7%
Est. Listing
₹116
at current GMP
Subscribed
133.43x
overall
Open
15 Oct 2022
Close
19 Oct 2022
Allotment
23 Oct 2022
Refund
24 Oct 2022
Demat Credit
25 Oct 2022
Listing
27 Oct 2022
Designated Registrar: Skyline Financial Services Private Limited
Allotment Date
23 Oct 2022
Basis finalization
Refunds Initiate
24 Oct 2022
Mandate release
Demat Credit
25 Oct 2022
Shares in demat
Listing Debut
27 Oct 2022
Trading begins
Annapurna Swadisht Limited is bringing an initial public offering (IPO) in the Fast-Moving Consumer Goods (FMCG) sector with an aggregate issue size of ₹30.25 Crores. The shares are offered at a price band of ₹70 to ₹70 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,40,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Skyline Financial Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-10-25, while un-allotted funds or UPI block mandates will be released on 2022-10-24.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.