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Empyrean Cashews IPO is a Fixed Price IPO listing on NSE EMERGE exchange. The company is based in Mumbai and caters to Agro - Food Products sector. Systematix Corporate Services is the merchant banker of Empyrean Cashews IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 4th February 2022.
Empyrean Cashews IPO open date is 21st March 2022 and close date is 23rd March 2022. IPO Allotment Date is 28th March 2022 and Listing date is 31st March 2022.
IPO
Size:
₹ 19.41 Cr.
Avg IPO Size (Sector Based)
: ₹
19.03 cr.
Sector: Agro - Food Products
SME
IPO so far:
32
Merchant Banker:
Systematix Corporate
SME
IPO by BRLM so far:
5
City:
Mumbai
SME
IPO so far:
280
Revenue (annualised):
₹
46.68
cr. 
PE
Ratio:
25.69x
Average Sector PE Ratio: 19.17x
Empyrean Cashews IPO size is ₹ 19.41 Cr. with IPO price of ₹ 37.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Systematix Corporate Services Limited is the book-running lead manager of the Empyrean Cashews IPO. Purva Sharegistry India Private Limited is the Registrar and Market Maker is Systematix Shares and Stocks (India) Limited for Empyrean Cashews IPO.
Empyrean Cashews IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
IPO
Size:
₹ 19.41 Cr.
Avg IPO Size (Sector Based)
:
₹ 19.03 Cr.
Sector: Agro - Food Products
SME
IPO so far:
32
Merchant Banker:
Systematix Corporate
SME
IPO by BRLM so far:
5
City:
Mumbai
SME
IPO so far:
280
Revenue (annualised):
₹ 46.03 cr.
PE
Ratio:
25.69x
Average Sector PE Ratio: 19.17x
Empyrean Cashews IPO, based in Mumbai, operates in the Agro - Food Products sector with a focus on Processing raw cashew nuts. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Empyrean Cashews IPO size is ₹ 19.41 Cr. with fresh issue size of ₹ 19.41 Cr. and Offer for sale being ₹ Nil.
The IPO allotment date for Empyrean Cashews IPO is expected to be 28th March 2022, after the finalization of basis of allotment. Investors can check Empyrean Cashews IPO allotment status on the registrars website, Purva Sharegistry India Private Limited. Empyrean Cashews IPO refund dates are 30th March 2022.
Empyrean Cashews IPO is expected to be listed on 31st March 2022.
The upper price band for the Empyrean Cashews IPO is set at ₹ 37.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Empyrean Cashews IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Empyrean Cashews IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 23rd March 2022. After submission, funds are blocked until the basis of allotment of Empyrean Cashews IPO is finalised.
The merchant banker for Empyrean Cashews IPO is Systematix Corporate Services Limited . Systematix Corporate Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Empyrean Cashews IPO RHP for further details.
The registrar for Empyrean Cashews IPO is Purva Sharegistry India Private Limited. Investors can go to Purva Sharegistry India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Empyrean Cashews IPO through their official website or helpline.
Empyrean Cashews IPO was subscribed 2.28 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Empyrean Cashews IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Empyrean Cashews Financial Review Page
Merchant Banker(s) of Empyrean Cashews IPO: Systematix Corporate Services Limited
Empyrean Cashews IPO subscription was 2.28 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Empyrean Cashews IPO listed at a listing price of 44.10 against the offer price of 37.00.
The current market price of Empyrean Cashews is 239.00.
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