Apex Frozen Foods Limited IPO
Apex Frozen Foods Limited was a mainboard IPO in the Seafood sector, offered at ₹171–₹175 per share to raise ₹152 crore. The issue was subscribed 6.14× overall (QIBs 1.91×, NIIs 7.82×, retail 8.53×). It listed on 4 Sep 2017 at ₹202 and closed its first day at ₹212, a listing gain of +21.2% versus the ₹175 issue price. It now trades around ₹293 (+67.2% versus the issue price).
Frequently asked questions
- How many times was the Apex Frozen Foods Limited IPO subscribed?
- The Apex Frozen Foods Limited IPO was subscribed 6.14× overall — 1.91× in the QIB category, 7.82× among non-institutional investors, 8.53× in retail.
- What were the Apex Frozen Foods Limited IPO listing gains?
- Apex Frozen Foods Limited listed on 4 Sep 2017 at ₹202, closing its first day at ₹212 — a listing gain of +21.2% versus the ₹175 issue price.
- What were the retail allotment odds for the Apex Frozen Foods Limited IPO?
- Retail was subscribed 8.53×, so a single-lot application had roughly a 11.7% chance of allotment (about 1 in 9), and allotment was finalised on 29 Aug 2017.
- What was the price band and lot size of the Apex Frozen Foods Limited IPO?
- The price band was ₹171–₹175 per share, with a minimum lot of 80 shares (₹14,000 at the upper band).
- Who were the registrar and lead manager for the Apex Frozen Foods Limited IPO?
- Bigshare Services Private Limited was the registrar, and Karvy Investor Services was the book-running lead manager.