Italian Edibles IPO

Italian Edibles Limited

₹1,36,000 /2000 sharesMinimum Investment

Italian Edibles IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
NSE₹68.00₹55.00-₹13.00 (19.12%)

Italian Edibles IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
2 Feb ‘24 - 7 Feb ‘24₹1,36,0002,000₹68 - ₹68
Issue SizeIPO Doc
26.66Cr
RHP PDF

About the company

Italian Edibles Limited is a confectionery manufacturing company, producing edibles such as Rabdi (Mithai Sweet), Milk Paste, Chocolate Paste, Lollipops, Candies, Jelly Candies, Multi-Grain Puff Rolls, and Fruit-Based items. The company has 2 operational manufacturing units in Gram Palda, Indore, and Prabhu Toll Kanta, Indore (Madhya Pradesh). Their confectionery is distributed nationwide, across states like Andhra Pradesh, Assam, Bihar, Chhattisgarh, Delhi, Gujarat, Haryana, Himachal Pradesh, Jammu & Kashmir, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Odisha, Punjab, Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh, Uttarakhand, and West Bengal. Distribution is facilitated through local wholesalers and distributors in these regions. The company’s consumer base primarily consists of teenagers, young adults, and children in rural and semi-urban regions of India. In addition to the domestic market, Italian Edibles Limited exports its confectionery products to various countries, including Nigeria, Yemen, Senegal, and Sudan.;
Founded in
2009
Managing director
Mr. Ajay Makhija
Parent organisation
Italian Edibles Limited

Strength and risks

Strengths
Risks
Italian Edibles Limited been producing confectionery for 14 years now and sell their products under their brand Of cour's.
The company offers a diverse range of products with authentic ethnic Indian tastes. The company focuses on innovative packaging and effective pricing strategies to cover various price points.
The company controls the production chain, encompassing sourcing, processing, manufacturing, packaging, and distribution, ensuring production efficiency and timely processing.
Premium quality raw ingredients are used, and the manufacturing facility adheres to ISO 22000:2018 for Food Safety Management System.
Italian Edibles Limited has solid relationships with suppliers to secure effective and timely sourcing of raw materials.
The company has a wide-ranging distribution network comprising approximately 450 suppliers and distributors across 22 states in India and exports through a network of 5 merchant exporters.
The company's diversified product portfolio features over 56 confectionery items such as Rabdi Sweet, Extruded snack wafers, Milk Chocolate, Candy, fruit jellies, and Fruit Pase.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular68 - 68₹2 Lakh
High Networth Individual68 - 68₹2 - 5 Lakh
For Italian Edibles IPO, eligible investors can apply as Regular.
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