Tanvi Foods (India) Ltd IPO

Closed

IPO Subscription Details

  • Open Date 17 Feb
  • Close Date 22 Feb
  • Lot Size 2000
  • IPO Size ₹ 6.6 Cr
  • IPO Price Range ₹ 60
  • Min Investment ₹ 120000

IPO Synopsis

Public issue of 11,00,000 equity shares of Rs. 10/- each (equity shares) of Tanvi Foods (India) Limited (TFL or The Company) for cash at a price of Rs. 60 per share (The issue price), aggregating to Rs. 6.60 crores (The Issue) consisting of fresh issue of 6,72,000 equity shares aggregating to Rs. 4.03 crores and an offer for sale of 4,28,000 equity shares by the selling shareholders aggregating to Rs. 2.57 crores (Offer for Sale), of which 56,000 equity shares of Rs. 10 each will be reserved for subscription by market makers to the issue (The market maker reservation portion). The issue less market maker reservation portion i.e. issue of upto 10,44,000 equity shares of Rs. 10/- each is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 26.72% and 25.36%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10 and the issue price is 6.00 times of the face value.

How to apply for IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Tanvi Foods (India) Ltd IPO

Contact Information

Address

Flat No 101 Alekhaya Homes,
Temple Tree Raghavendra Colony,
Hyderabad, Telangana 500084

Tanvi Foods (India) Ltd IPO Lead Manager

Aryaman Financial Services Ltd