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Open
21 Mar 2022
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Close
23 Mar 2022
3
Allotment
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Listing
Thu, Mar 31, 2022
Price Band
₹37 per share
Issue Size
52,47,000 shares (agg. up to ₹19 Cr)
Lot Size
3,000 Shares
Listing Date
Thu, Mar 31, 2022
Latest GMP
₹0
✦ AI Insight
GMP Trend
27-10-2025₹0Est. ₹—+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.71x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2021 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 71.84 | 63.70 | 52.76 | 55.05 |
| Total Income | 30.53 | 115.57 | 94.28 | 121.06 |
| Profit After Tax | 3.32 | 3.88 | 0.76 | 1.33 |
| EBITDA | 5.74 | 10.10 | 5.67 | 7.61 |
| NET Worth | 25.22 | 21.83 | 17.95 | 17.21 |
| Reserves and Surplus | 17.62 | 19.17 | 15.29 | 14.55 |
| Total Borrowing | 38.76 | 36.08 | 29.11 | 33.93 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Jetmall Spices & Masala Ltd. | SME | ₹4.98 Cr | ₹20 | null | ₹19.50 | -2.50% | ₹101.55 (+2.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the working capital requirements of the Company | 7.75 |
| 2 | General corporate purposes | 1.78 |
About Empyrean Cashews IPO
The company produces and sells cashews under the brand name Krishival Cashews. Incorporated in 2014, Empyrean Cashews Limited engages in the processing of raw cashew nuts into flavoured cashews. Empyrean Cashews Limited offers products on the domestic market with a network of more than thirty (30) distributors across India. The company product portfolio includes different flavours of cashews such as salted, pepper, chilli and assorted - all offered in different grades and packaging formats. The company products are available on Flipkart, Messho and India Mart. Empyrean Cashews has processing and packaging units in Village Halkarni and Village Shinoli, Kolhapur, Maharashtra. The company also has one subsidiary namely, Siddhivinayak Cashew Industries Private Limited. Competitive Strengths: Quality Assurance. Strategically located manufacturing facilities with state of the art infrastructure and integrated processing and packaging facilities. Customers' Satisfaction and their retention. Widespread distribution network and presence across various retail channels for timely delivery. Experienced and professional senior management team. + Read More
Contact Details
Empyrean Cashews Ltd. Address1309, Lodha Supremus PowaiSaki Vihar Roadopposite MTNL OfficeMumbai, Maharashtra, 400072+918779558264cs@krishival.comVisit Website