
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
Overall Subscription
2.62x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 542,708 | — | 0.00x |
| Non-Institutional (NII / HNI) | 162,813 | — | 0.00x |
| Retail Individual (RII) | 379,896 | — | 0.00x |
| Total | 1,085,417 | 0 | 2.62x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 127 | 333 | 2.62x |
| HNIs (10L +) | 1 | 3 | 3.00x |
| HNIs (2-10L) | 4 | 10 | 2.50x |
| Total Applications | 132 | 346 | 2.62x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for Tapi Fruit Processing Limited IPO is ₹1 per equity share. Based on the upper price band of ₹48 to ₹48 per equity share, the estimated listing price is ₹49 (+2.1% expected listing gain).
With a lot size of 3000 shares and current GMP of ₹1, the expected profit per application lot is approx ₹3,000 (+2.1% gain). Minimum application cost is approx ₹1,44,000.
The Tapi Fruit Processing Limited IPO aggregate issue size is ₹5.21 Crores with an equity price band set at ₹48 to ₹48 per equity share. The retail lot size is 3000 shares requiring a minimum capital outlay of approx. ₹1,44,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 2.62x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Pvt Ltd) and the BSE status verification website on or around 2022-09-19. Investors can verify status using PAN card or application number.
Tapi Fruit Processing Limited shares are scheduled to list on NSE on 2022-09-22.