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Open
14 May 2018
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Close
16 May 2018
3
Allotment
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Listing
Thu, May 24, 2018
Price Band
₹30 per share
Issue Size
26,80,000 shares (agg. up to ₹8 Cr)
Lot Size
4,000 Shares
Listing Date
Thu, May 24, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.38x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 39.18 | 31.60 | 30.82 | 20.08 |
| Total Income | 78.37 | 97.76 | 78.04 | 44.50 |
| Profit After Tax | 0.87 | 1.06 | 0.59 | -0.28 |
| NET Worth | 8.21 | 7.34 | 6.28 | 5.69 |
| Reserves and Surplus | 2.24 | 1.37 | 0.31 | -0.28 |
| Total Borrowing | 24.55 | 21.18 | 22.27 | 12.91 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Soni Soya Products Ltd. | SME | ₹4.50 Cr | ₹25 | null | ₹25.20 | +0.80% | (+0.00%) |
| Sri Krishna Metcom Ltd. | SME | ₹19.25 Cr | ₹55 | null | ₹49.00 | -10.91% | (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet Working Capital Requirement | 6.50 |
| 2 | General Corporate Purpose | 1.13 |
About Megastar Foods IPO
Incorporated in 2011, Megastar Foods Limited is engaged in the manufacturing of food-based products such as wheat flour, organic wheat flour products, and allied flour products. Basically, the company produces food products related to wheat i.e. Atta-wheat flour products, Maida-Fine wheat flour products, Suji/Rawa-Semolina, Chokar/Wheat Bran, Organic Atta, Organic Whole Wheat flour and Organic wheat flour etc.Megastar is an FSSC 22000 certified company for food safety systems including ISO 22000:2005, ISO 22002-1:2009 and additional FSSC 22000 requirements in respect of Processing (Pre Cleaning, Cleaning, milling, Sifting) of Wheat products like Atta, Maida, Suzi, Bran and its packaging in HDPE laminated bags and Poly Pouch bags by Intertek Certification Limited, United Kingdom. The Company is having FSSAI license, Organic Certificate for in accordance with the requirements of India's NationalProgramme for Organic Production Standards by the Ecocert India Pvt. Limited, HALAL certified by HALAL India Pvt. Ltd etc. Megastar has a state of the art wheat processing plant in Punjab, India, with an installed capacity of 81000 MT per year. The company has have 62 employees including Key M
Contact Details
Megastar Foods Ltd. AddressPlot No.807Industrial AreaPhase-IIChandigarh, Chandigarh, 160102+91-0172-5005024info@megastarfoods.comVisit Website