IPO Details

Italian Edibles Ltd
Registered Office: 309/1/1/8 Block No 3 Mangal-, Udhyog Nagar Gram Palda, Indore - 452020, Madhya Pradesh
Phone: +91 98262 98268
Email: italian_edibles@yahoo.com
Website: www.ofcoursegroup.com
Initial public issue of 39,20,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Italian Edibles Limited ("The Company" or "The Issuer Company") for cash at a price Rs. 68/- per equity share (including a share premium of Rs. 58/- per equity share) ("Issue Price") aggregating to Rs. 26.66 crores ("The Issue"), out of which 2,00,000 equity shares of face value of Rs. 10/- each for a cash price of Rs. 68/- per equity share, aggregating to Rs. 1.36 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 37,20,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 68/- per equity share aggregating to Rs. 25.30 crores (is hereinafter referred to as the "Net Issue"). The issue and the net issue will constitute 26.53 % and 25.17 % respectively of the post issue paid up equity share capital of the company The face value of the equity shares is Rs. 10.00 each and the issue price of Rs. 68.00 is 6.8 times of the face value.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
02-Feb-2024	07-Feb-2024	₹ 68.00	₹ 0.00

Projects
Setting up of the proposed manufacturing unit
Repayment of certain borrowings
To meet incremental working capital requirements
General corporate expenses

Promoted By
Ajay Makhija
Akshay Makhija

Listing At
NSE - SME

Registrar to the Issue