Italian Edibles’ confectionery products are sold PAN India, majorly in rural and semi-urban areas of Andhra Pradesh, Assam, Bihar, Chhattisgarh, Delhi, Gujarat, Haryana, Himachal Pradesh, Jammu & Kashmir, Jharkhand, Karnataka, Kerela, Madhya Pradesh, Maharashtra, Odisha, Punjab, Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh, Uttarakhand, West Bengal and through local wholesalers and distributors located in these areas. Their consumer segments largely include teenagers, young adults, and children located in rural and semi-urban areas of India.

Apart from selling their confectionery products within India, they also export to various countries such as Nigeria, Yemen, Sinegal, and Sudan. As of August 31, 2023, their top customers include Chocolate World, Yuvraj Agency, Bakewell Biscuits Private Limited, R. K. Prabhavati Tarders, Mamta Stores, Ma Laxmi Traders, Suria Distributor etc. Also, one of their product,i.e., Jelly Candies are sold to Dharpal Premchand Ltd (BABA) group.

Over the years, they have developed a large pan-India distribution network. As of August 31, 2023, they had approximately 450 Suppliers and distributors located across 22 states in India, and they have exported their products through a network of 5 merchant exporters. Their distribution network within India and outside India and well-established brand has enabled us to effectively manage marketing strategy, and market penetration and thereby increase their turnover over the years.

They have two operational manufacturing units that are operated by us and are located in Gram Palda, Indore, and Prabhu Toll Kanta, Indore (Madhya Pradesh). Being strategically located in the industrial area, procurement and transportation of raw materials are easy, quick, and cost-effective. Their manufacturing unit is FSAAI, ISO 22000:2018 and FIEO certificated. Their in-house manufacturing unit is well equipped with a mixture of modern, fully-automated, and semi-automated plant & machinery which enables us to manufacture their confectionery products in an effectively controlled manner and also ensure consistent quality while manufacturing the confectionery products. In addition, they manufacture a range of products under the private labeling arrangement with their customers and are exclusively sold by third parties. However, they do not have any collaboration with these companies. They sell their confectionery products in retail and wholesale packs. Lollipops, Candies, and milk sweetmeat products are available in Pet Jars, polypacks, and cardboard boxes.

Objects of the Issue:

• Setting up of the proposed manufacturing unit
• Repayment of certain Borrowings
• To meet incremental working capital requirements
• General Corporate Expenses

Italian Edibles IPO Review

• To be updated soon

Italian Edibles IPO Date & Price Band Details

Italian Edibles IPO Market Lot

The Italian Edibles IPO minimum market lot is 2000 shares with a ₹136,000 application amount.

Italian Edibles IPO Dates

The Italian Edibles IPO date is February 2 and the IPO close date is February 7. The IPO allotment date is February 8 and the IPO might list on February 12.

You can check IPO subscription status and IPO allotment status on their respective pages.

Italian Edibles IPO Form

How to apply Italian Edibles IPO? You can apply Italian Edibles IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Italian Edibles IPO in the Invest section. The other option you can apply Italian Edibles IPO via IPO forms download via the NSE website. Check out the Italian Edibles forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.

Italian Edibles Company Financial Report

Italian Edibles IPO Valuation – FY2023

Check Italian Edibles IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group

• Lotus Chocolate Company Limited
• Tapi Fruit Processing Limited

• Mr. Ajay Makhija
• Mr. Akshay Makhija

Italian Edibles IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com

Italian Edibles IPO Allotment Status

Check Italian Edibles IPO allotment status on Bigshare website URL. Click Here

Italian Edibles IPO Lead Managers aka Merchant Bankers

• First Overseas Capital Limited

Company Address

Italian Edibles Limited
309/1/1/8 Block No.03,
Mangal Udhyog Nagar, Gram Palda,
Indore – 452020
Phone: +91 9826298268
Email: [email protected]
Website: https://www.ofcoursegroup.com/

Italian Edibles IPO FAQs

Note: The Italian Edibles IPO details are announced officially. The IPO grey market premium (Italian Edibles IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.

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• Source: https://ipowatch.in/italian-edibles-ipo-date-review-price-allotment-details/