59  Total SME IPOs listed in 2025

2,613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Tapi Fruit Processing Limited IPO (Tapi Fruit Processing IPO) Detail

Tapi Fruit Processing IPO is a Fixed Price IPO listing on NSE EMERGE exchange. The company is based in Surat and caters to Agro - Food Products sector. Fedex Securities is the merchant banker of Tapi Fruit Processing IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 8th August 2022.

Tapi Fruit Processing IPO open date is 12th September 2022 and close date is 14th September 2022. IPO Allotment Date is 19th September 2022 and Listing date is 22nd September 2022.

IPO Category : SME
Exchange : NSE EMERGE
Issue Type : Fixed Price

IPO Key Highlights

  • IPO Size: ₹ 5.21 Cr. Avg IPO Size (Sector Based) : ₹ 19.03 cr.
  • Sector: Agro - Food Products SME IPO so far: 32
  • Merchant Banker: Fedex Securities SME IPO by BRLM so far: 44
  • City: Surat SME IPO so far: 40
  • Revenue (annualised): ₹ 15.22 cr.
            (annualised): ₹ 0.16 cr.
  • PE Ratio: 120.00x Average Sector PE Ratio: 19.17x

Tapi Fruit Processing IPO Date

Date of DRHP:
8th August 2022
IPO Open Date:
12th September 2022
IPO Closing Date:
14th September 2022
IPO Allotment Date:
19th September 2022
Initiation of Refund:
20th September 2022
IPO Listing Date:
22nd September 2022

Tapi Fruit IPO Info, Size, Subscription

Tapi Fruit Processing IPO size is ₹ 5.21 Cr. with IPO price of ₹ 48.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 5.21 Cr.

Issue Price:
₹ 48.00

Market Capitalisation :
₹ 18.79 Cr.

PE multiple :
120.00

Subscription :
2.62 times

Pre Issue Promoter Holding :
99.94 %

Post Issue Promoter Holding :
0.00 %

Tapi Fruit Processing IPO Information

Sub Sector : Manufacturing of Candies
Tapi Fruit Processing history and lineage traces back to Mr. Ghanshyam Laljibhai Lukhi, who savored the flavor of tooty fruity, a candy that is made out of raw papaya to start his business under the name of “Tapi Food Products” a sole proprietorship firm, in the year 1999. Their Company was incorporated as “Tapi Fruit Processing Private Limited” under the provisions of the Companies Act, 2013 on July 11, 2018, bearing Registration Number U15400GJ2018PTC103201 issued by the Registrar of Companies, Central Registration Centre with one of its main objectives being to acquire the running business of the proprietorship concern, M/s. Tapi Food Products. Pursuant to the incorporation of the Company, the entire business of the proprietorship was transferred to the Company with effect from July
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Object of Issue (Tapi Fruit IPO Objectives)

  • Meeting incremental working capital requirements
  • Repayment / prepayment of certain borrowings availed by the Company
  • General corporate purposes

Fedex Securities Private Limited is the book-running lead manager of the Tapi Fruit Processing IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Pure Broking Private Limited for Tapi Fruit Processing IPO.

Tapi Fruit IPO Market Maker

Pure Broking Private Limited

Tapi Fruit IPO Registrar (RTA)

Bigshare Services Private Limited

Tapi Fruit IPO Lead Manager (BRLM)

Fedex Securities Private Limited

Tapi Fruit Processing IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Tapi Fruit Processing IPO?

Tapi Fruit Processing IPO, based in Surat, operates in the   Agro - Food Products sector with a focus on Manufacturing of Candies. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Tapi Fruit Processing IPO size is ₹ 5.21 Cr. with fresh issue size of ₹ 5.21 Cr. and Offer for sale being ₹ Nil

When is Tapi Fruit IPO allotment?

The IPO allotment date for Tapi Fruit Processing IPO is expected to be 19th September 2022, after the finalization of basis of allotment. Investors can check Tapi Fruit Processing IPO allotment status on the registrars website, Bigshare Services Private Limited. Tapi Fruit Processing IPO refund dates are 20th September 2022.

When is Tapi Fruit Processing IPO listing date?

Tapi Fruit Processing IPO is expected to be listed on 22nd September 2022.

What is the price band for Tapi Fruit IPO?

The upper price band for the Tapi Fruit Processing IPO is set at ₹ 48.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Tapi Fruit Processing IPO Review?

For IPO analysis on Tapi Fruit Processing 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.

How to Apply for Tapi Fruit Processing IPO?

To apply for the Tapi Fruit Processing 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 14th September 2022. After submission, funds are blocked until the basis of allotment of Tapi Fruit Processing IPO is finalised.

Who is the merchant banker of Tapi Fruit IPO?

The merchant banker for Tapi Fruit Processing IPO is Fedex Securities Private Limited . Fedex Securities Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Tapi Fruit Processing IPO RHP for further details.

Who is the Registrar of Tapi Fruit Processing IPO?

The registrar for Tapi Fruit Processing IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Tapi Fruit Processing IPO through their official website or helpline.

What is the Tapi Fruit Processing IPO subscription?

Tapi Fruit Processing IPO was subscribed 2.62 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 5.21 Cr. Avg IPO Size (Sector Based) : ₹ 19.03 Cr.
  • Sector: Agro - Food Products SME IPO so far: 32
  • Merchant Banker: Fedex Securities SME IPO by BRLM so far: 44
  • City: Surat SME IPO so far: 40
  • Revenue (annualised): ₹ 15.16 cr.
            PAT: (annualised): ₹ 0.16 cr.
  • PE Ratio: 120.00x Average Sector PE Ratio: 19.17x
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FAQs

Tapi Fruit Processing IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Tapi Fruit Processing Financial Review Page

Tapi Fruit Processing IPO subscription was 2.62 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.

Tapi Fruit Processing IPO listed at a listing price of 54.70 against the offer price of 48.00.

The current market price of Tapi Fruit Processing is 92.00.

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