Empyrean Cashews Limited IPO

NSE SME

Listed On: Mar 31, 2022 at ₹ 42.0

₹ 111000 /3000 Shares

Check Allotment

IPO Details

21 Mar, 2022

Open Date

23 Mar, 2022

Close Date

28 Mar, 2022

Allotment Date

31 Mar, 2022

Listing Date

Issue Price

₹37 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Purva Sharegistry India Pvt Ltd

List Price

42.0

Listing Date

2022-03-31

Market Lot

3000 Shares (₹111,000/-)

Lead Manager

Systematix Corporate Services Limited

Issue Size

5,247,000 Eq Shares of ₹10(aggregating up to ₹19.41 Cr)

Retail Portion

N/A

Subscription

2.28 times

IPO Docs

DRHP RHP

IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	2,491,500	2,491,500	4,983,000
Day 1 - 21-03-22 06:00 PM	1.50 x	0.27 x	0.88 x
Day 2 - 22-03-22 06:00 PM	2.53 x	0.97 x	1.75 x
Day 3 - 23-03-22 06:00 PM	2.92 x	1.63 x	2.28 x

Valuations

Earnings Per Share (EPS)

₹N/A/-

P/E Ratio

N/A

RoNW

N/A%

Net Asset Value (NAV) - Post Issue

₹N/A/-

Company Financials All values are in ₹ Cr.

	31-Oct-21	31-Mar-21	31-Mar-20	31-Mar-19
Assets	21.91	21.56	16.41	16.10
Revenue	27.22	28.58	44.38	50.47
Profit After Tax	1.66	0.66	0.95	0.64

About The Company

The company produces and sells cashews under the brand name Krishival Cashews. Incorporated in 2014, Empyrean Cashews Limited engages in the processing of raw cashew nuts into flavoured cashews.Empyrean Cashews Limited offers products on the domestic market with a network of more than thirty (30) distributors across India. The company product portfolio includes different flavours of cashews such as salted, pepper, chilli and assorted - all offered in different grades and packaging formats.The company products are available on Flipkart, Messho and India Mart.Empyrean Cashews has processing and packaging units in Village Halkarni and Village Shinoli, Kolhapur, Maharashtra. The company also has one subsidiary namely, Siddhivinayak Cashew Industries Private Limited.

- Promoter(s)

Pre Issue Share Holding: 56.99%

Post Issue Share Holding: 41.88%

Company Promoter(s)

Aparna Morale Bangar
Nana Prakash Mhaske
Anant Pandurang Kulkarn

IPO - Issue Objectives

To meet the Working Capital Requirements.
General Corporate Purposes.
To meet the Issue Expenses.

IPO - FAQs

Ans. Empyrean Cashews Limited IPO is a SME IPO. The issue is priced at ₹37 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Mar 21, 2022, and closes on Mar 23, 2022. Purva Sharegistry India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Empyrean Cashews Limited IPO opens on Mar 21, 2022 and closes on Mar 23, 2022.

Ans. The size of Empyrean Cashews Limited IPO is 5,247,000 Eq Shares of ₹10(aggregating up to ₹19.41 Cr).

Ans. The IPO price band is set between ₹37 per equity share.

Ans. To apply for Empyrean Cashews Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Empyrean Cashews Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Empyrean Cashews Limited IPO is Mar 28, 2022.

Ans. The Empyrean Cashews Limited IPO will be listed on Mar 31, 2022.

Ans. Follow the steps to check the allotment status for Empyrean Cashews Limited IPO here.