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Apex Frozen Foods

Description The Company is one of the integrated producer and exporter of shelf stable quality aquaculture products. They supply our 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 European countriesOur output majorly comprises of variants of processed Vannamei shrimp (White shrimp) and are sold under the brands owned by our customers and also through our brands namely Bay fresh, Bay Harvest and BayPremium. They strategically focus on the market of USA, which is the largest importer of aquaculture products in the world (Source- Crisil Report). Their integrated operations comprise of hatchery, farming, pre-processing, processing and exporting of aquaculture products. Our products and processes comply with stringent quality standards set by the developed markets we serve. The Company operates out of Andhra Pradesh, which is the most favourable state in India for aquaculture business. Their integrated operations span across our hatchery and farming on 1,032 acres of land and currently processing of approximately over 9,240 MTPA of finished products at our facility located at Kakinada. Their facility is approved by the Export Inspection Council for export to all countries excluding Australia and Custom Union. Our facility is also certified with BRC Food Grade, Best Aqua Culture Practices, HACCP and ASC. More »

Address 3-160 Panasapadu,Kakinada , East Godavari , Andhra Pradesh , India. Pincode : 533005


  • < 0.5X Under Subscribed
  • 0.5-2X Moderately Subscribed
  • >2XOver Subscribed


  • ‹ 2X Under Subscribed
  • 2-3X Moderately Subscribed
  • 2-10X Over Subscribed
  • ‹ 12x Heavily Subscribed


Retail Subscritption Poll Results

Total Subscritption Poll Results

Number of Times Issue is Subscribed (BSE + NSE)

As on Date QIB NII RII EMP Total
24-Aug-2017 1.91 7.82 8.53 1.10 6.14
23-Aug-2017 0.00 0.45 2.90 0.20 1.46
22-Aug-2017 0.00 0.1800 0.79 0.00 0.40

Issue Terms

Issue price / Floor Price (Rs) 171-175
Application per share (Rs) 175.00
Minimum investment amount (Rs) 14,000.00
Minimum bid (no of shares) 80
Maximum Shares for Retail 1120

Issue Date and Size

Issue opens 22-Aug-17
Issue closes 24-Aug-17
Listing on BSE,NSE
Issue size (Rs cr) 148.77 - 152.25
Mkt cap at issue price (Rs cr) N.A.

Lead Managers & Registrar

Lead Manager E-mail
Karvy Investor Services Ltd N.A.
Registrar Bigshare Services Pvt Ltd

Shares on Offer

Shares on Offer Lakhs
Total shares offered 8.00
Of above, offered to public N.A.
Post-issue shares N.A.
Post-issue promoters' holding(%) N.A.

Company Financials (Rs cr)

Financials Crore
No of months N.A.
Turnover N.A.
Net profit / (loss) N.A.
Borrowings N.A.

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