Open Date
02 Feb 24
07 Feb 24
2000 shares
₹26.66 Cr
Lot Size
IPO Size
Listing At
NSE SME
Listing Date
Price Range
₹68
Close Date
Allotment Date
08 Feb 24
12 Feb 24
Italian Edibles Limited is engaged in the business of making confectionery products. This includes Rabdi (Meethai Sweet), Milk Paste, Chocolate Paste, Lollipops, Candies, Jelly Candies, Multi-Grain Puff Rolls, and Fruit Based Products. The company has a PAN India presence with a focus on rural and semi-urban areas in States of Andhra Pradesh, Assam, Bihar, Chhattisgarh, Delhi, Gujarat, Haryana, Himachal Pradesh, Jammu & Kashmir, Jharkhand, Karnataka, Kerela, Madhya Pradesh, Maharashtra, Odisha, Punjab, Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh, Uttarakhand, and West Bengal. The company sells its products via local wholesalers and distributors.
Italian Edibles Limited plans to utilize the raised capital from the IPO to: ● To fund the construction of a manufacturing unit. ● To repay the debt obtained by the company. ● To meet working capital requirements. ● General corporate purposes.
The book-running lead managers to the offer are: First Overseas Capital Ltd
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