Issue Price
₹37
Per Share
GMP
NIL
Grey Market
Est. Listing
₹37
Expected Price
Min. Application
₹222,000
2 lots × 3000 shares
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.Competitive Strengths:Quality Assurance.Strategically located manufacturing facilities with state of the art infrastructure and integrated processing and packaging facilities.Customers' Satisfaction and their retention.Widespread distribution network and presence across various retail channels for timely delivery.Experienced and professional senior management team.
Empyrean Cashews Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 264,000 | — | ₹0.98 Cr | — |
| TOTAL | 5,247,000 | 100.00% | ₹19.41 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹111,000 |
| Retail (Max) | 13 | 39,000 | ₹1,443,000 |
| sNII (Min) | 14 | 42,000 | ₹1,554,000 |
| bNII (Min) | 68 | 204,000 | ₹7,548,000 |
| Particulars | 31-Oct-21 | 31-Mar-21 | 31-Mar-20 |
|---|---|---|---|
| Revenue from Operations | 2722.71 | 2858.08 | 4438.69 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 166.69 | 66.74 | 95.60 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 2191.20 | 2156.19 | 1641.48 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |