Apex Frozen Foods IPO - Detail, Price, Allotment & Listing

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Incorporated in 1995, Apex Frozen Foods Limited is in the business of produces and exports aquaculture products. They supply their products to food companies, retail chains, restaurants, club stores and distributors. Apex produces two kinds of shrimps namely the Whiteleg shrimp (Litopenaeus vannamei) and the Black Tiger Shrimp (Penaeus monodon).
They have operations in the United States, United Kingdom and various European countries. Company's output majorly comprises of variants of processed Vannamei shrimp (White shrimp) and are sold under the brands namely Bay fresh, Bay Harvest and BayPremium.

Company Promoters :

The promoters of the company are :

1. Karuturi Satyanarayana Murthy
2. Karuturi Subrahmanya Chowdary

Apex Frozen Food IP Issue Details :

 »»  Issue Open: Aug 22, 2017 - Aug 24, 2017
 »»  Issue Type: Book Built Issue IPO
 »»  Issue Size: 8,700,000 Equity Shares of Rs 10 aggregating up to Rs 152.25 Cr
 »»  Face Value: Rs 10 Per Equity Share
 »»  Issue Price: Rs 171 - Rs 175 Per Equity Share
 »»  Market Lot: 80 Shares
 »»  Minimum Order Quantity: 80 Shares
 »»  Listing At: BSE, NSE
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