
Consumer Staples · NSE
Incorporated in 1999 as a proprietorship by founder Ghanshyam Lukhi and later established as Tapi Fruit Processing Limited, the company is a manufacturer of jelly-based fruit products including candied, crystallised and glazed fruits, fruit bars, jellies, jams, fruit leathers, chutneys, sauces, beverages, fruit crushes, syrups, and nutraceutical items like vitamin gummies. All products are produced in-house at its Pipodara, Surat (Gujarat) manufacturing facilities, which hold certifications such as ISO 22000:2018 and FSSAI. With a strong pan-India distribution network, the company supplied its products across 28 states and Union Territories during FY 2021–22 through a network of 60 super-stockists.
Price Band
₹48
Issue Size
₹5.21 Cr
Lot Size
3000 shares
GMP
+2.1%
Est. Listing
₹49
at current GMP
Subscribed
2.62x
overall
Open
12 Sep 2022
Close
14 Sep 2022
Allotment
19 Sep 2022
Refund
20 Sep 2022
Demat Credit
21 Sep 2022
Listing
22 Sep 2022
Designated Registrar: Bigshare Services Pvt Ltd
Allotment Date
19 Sep 2022
Basis finalization
Refunds Initiate
20 Sep 2022
Mandate release
Demat Credit
21 Sep 2022
Shares in demat
Listing Debut
22 Sep 2022
Trading begins
Tapi Fruit Processing Limited is bringing an initial public offering (IPO) in the Consumer Staples sector with an aggregate issue size of ₹5.21 Crores. The shares are offered at a price band of ₹48 to ₹48 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 3000 shares (approx. ₹1,44,000 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 Bigshare Services Pvt Ltd. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-09-21, while un-allotted funds or UPI block mandates will be released on 2022-09-20.
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.