Sarveshwar Foods IPO is set to make its debut on 5th March 18 with 54.97 c is engaged in the business of processing and marketing of branded and un-branded basmati and non-basmati rice in the domestic and international markets.
Sarveshwar Foods IPO – overview
| IPO Dates | 5-7 March 18 |
| IPO Price | INR 85 per share |
| Fresh issue | – |
| Offer For Sale | Nil |
| Total IPO size | 6,467,200 shares (INR 54.97 crore) |
| Minimum bid (lot size) | 2000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Company Overview
Incorporated in 2015, Sarveshwar Foods Ltd is engaged in the business of processing and marketing of branded and un-branded basmati and non-basmati rice in the domestic and international markets. They offers procurement, storage, milling, sorting, packaging, branding and distribution of Rice.
The company’s product portfolio comprises of Basmati and non-Basmati rice of various kinds including white raw rice, steamed rice, broken rice, brown rice and parboiled rice. Along with
the varied variety of conventional Basmati and non-Basmati rice their product portfolio also includes organic Basmati and non-Basmati rice including a range of other organic products. They market and distribute these organic food products under their brand “Nimbark”.
The company sells organic products through this store viz. rice, red rice, brown rice, flours, pulses, nuts & dry fruits, spices & condiments, jaggery & sugar, breakfast cereals, edible oils, saffron, flaxseed, sesame seed. Sarveshwar’s operations are based out of the Jammu Region in the State of Jammu and Kashmir.
Objects of the Issue
1. Part finance long term working capital requirement;
2. Invest in subsidiary;
3. General Corporate Purpose; and
4. Meet the expenses of the issue.
Company Contact Information
Sarveshwar Foods Ltd
Sarveshwar House,
Below Gummat,
Jammu – 180001
Phone: +91-191-2547391
Email: investorrelations@sarveshwarrice.com
Website: http://www.sarveshwarrice.com
Sarveshwar Foods IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: investor@bigshareonline.com
Website: https://www.bigshareonline.com/
Sarveshwar Foods IPO Lead Manager(s)
- Asit C. Mehta Investment Interrmediates Ltd (Past IPO Performance)
- Indian Overseas Bank (Past IPO Performance)
- Keynote Financial Services Ltd (Past IPO Performance)
- Small Industries Development Bank Of India (Sidbi) (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
