APEX FROZEN FOODS LIMITED

APEX FROZEN FOODS LIMITED

COMPANY PROMOTER

a) Karuturi Satyanarayana Murthy

b) Karuturi Subrahmanya Chowdary

LEAD MANAGERS

a) Karvy Investor Services Limited

REGISTRAR TO THE ISSUE

a) Bigshare Services Private Limited

OBJECT OF THE OFFER

a) Setting up of new shrimp processing unit with a proposed capacity of 20000 MT PA at East Godavari District ,Andra Pradesh .

b) General Corporate Purpose

KEY FEATURES

1. Incorporated in 1995

2. Public company.

3. Integrated producer and exporter of shelf stable quality aquaculture products.

4.Supplier of ready-to-cook products to a diversified customer base consisting of food companies ,retail chains ,restaurants,club stores and distributors spread across the developed markets of USA,UK and various Europian country.

5.Major output comprises of variants of processed Vannamei shrimp (White shrimp)& Black Tiger Shrimp are sold through our brand namely Bay fresh,Bay Harvest and Bay premium.

COMPANY FINANCIAL

(Rs in millions)

PARTICULARS

2017(9mnth)

2016

2015

2014

EQ CAPITAL

240.00

240.00

240.00

200.00

R&S

676.33

512.63

319.83

178.89

TOTAL REVENUE

5411.73

6082.66

6043.69

5145.70

PAT

163.70

192.80

183.57

134.24

BORROWINGS

1024.16

760.75

870.81

772.65

COMPANY RATIOS

PARTICULARS

2017(9mnth)

2016

2015

2014

EPS

6.82

8.03

7.65

5.59

NAV

38.18

31.36

23.33

15.77

Return On Net Worth (%)

17.86

25.62

32.79

35.48

PEER COMPARISON

PARTICULAR

Avanti Feeds ltd

Waterbase ltd

F.V

2

10

NAV

82.13

25.59

EPS

43.01

0.18

CMP as on 16-8-17

1942.50

108

P/E ratio

28.38

24.39

IPO DETAILS

Issue open & close

22Aug,17 to 24Aug,17

Issue type

Book built issue

Issue size(in cr)

152.25cr

Issue size in retail

35%

Issue size in NII

15%

Face value

10 each

Issue price (in rs)

Rs 171-175 per equity

Minimum order qty

80 shares

Listing at

NSE,BSE

Application per share (in rs)

175

Minimum investment amt(in rs)

14000

Maximum share for retail

1120

Offer for sale

25.38cr

SHAREHOLDING PATTERN

1. Promoter & Promoter Group

2. Public

99.90%

0.1%


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