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ITALIANESME / NSEListed
Italian Edibles

Founded in 2009, Italian Edibles Limited specializes in a wide range of confectionery products under its OfCour’s brand. Their offerings include Rabdi (Meethai Sweet), milk paste, chocolate paste, lollipops, candies, jelly sweets, multigrain puffed buns, and fruit-based treats. The company operates two manufacturing facilities in Indore, Madhya Pradesh and has a strong presence across India, particularly in rural and semi-urban markets in states like Andhra Pradesh, Maharashtra, Uttar Pradesh, Tamil Nadu, Punjab, and more. It also exports products to Nigeria, Yemen, Senegal, and Sudan. As of August 31, 2023, Italian Edibles serves a diverse customer base, including Chocolate World, Yuvraj Agency, Bakewell Biscuits Pvt Ltd, Ma Laxmi Traders, and Suria Distributor. Additionally, its Jelly Candies are supplied to Dharpal Premchand Ltd (BABA Group). With a dedicated sales and marketing team of 15 employees, the company continues to expand its reach and bring quality confectionery products to customers worldwide.

DRHP
₹68 - ₹68149.05x sub
Listed Price₹55.00
Listing Gain-19.12%

IPO Schedule & Timeline

Fixed Price Issue IPO
Open02 Feb 2024
Close07 Feb 2024
Allotment08 Feb 2024
Listing12 Feb 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail18,60,000 shares
47.45%
Nii(hni)18,60,000 shares
47.45%
Market Maker2,00,000 shares
5.1%

Minimum Application Lots

Retail1 Lot (2,000 shares)
₹1,36,000
HNI2 Lots (4,000 shares)
₹2,72,000

Company Promoters

Mr. Ajay MakhijaMr. Akshay Makhija

Company Background

Founded in 2009, Italian Edibles Limited specializes in a wide range of confectionery products under its OfCour’s brand. Their offerings include Rabdi (Meethai Sweet), milk paste, chocolate paste, lollipops, candies, jelly sweets, multigrain puffed buns, and fruit-based treats. The company operates two manufacturing facilities in Indore, Madhya Pradesh and h...

Lead Managers & Bankers

First Overseas Capital Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Aug 2023)₹3052.16 Cr
Growth-37.7%
Revenue Trend (₹ in Crores)
0.02.9k5.8k8.7kMar 2021Mar 2022Mar 2023Aug 2023
PeriodRev (Cr)PAT (Cr)AssetsDebt
Aug 20233,052.16209.684,824.640
Mar 20236,330.09264.214,155.240
Mar 20227,545.2580.213,905.450
Mar 20214,899.4486.523,946.430

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values3.4124.50%19.32%27.9419.97

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
08 Feb 2024
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
12 Feb 2024

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Italian Edibles. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization08 Feb 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date12 Feb 2024Trading commences on exchange

How to Check Italian Edibles Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Italian Edibles from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP

Allotment FAQs & Help

About Italian Edibles IPO

Complete issue overview for Italian Edibles (ITALIANE) IPO. The issue features an equity share price band of ₹68 per share with a minimum retail lot size of 2000 Shares (minimum application amount of ₹1,36,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions