Capricorn Food Products India Ltd. IPO: Reviews, Recommendations, Dates, Live Subscription Data, GMP, Allotment Status - IPO Reviews

Wednesday, April 18, 2018

Capricorn Food Products India Ltd. IPO: Reviews, Recommendations, Dates, Live Subscription Data, GMP, Allotment Status

Capricorn Food Products India Ltd. is an integrated food processing company with both export and domestic operations. The company manufactures Tropical Fruit Pulp/Purees and Concentrates, Bulk Frozen, IQF Fruits & Vegetables and Fruit Juices as per customer requirements. Capricorn is the second largest fruit-based ingredients supplier in India. In mango pulps and concentrates, Capricorn is the world’s fourth-largest supplier, with an overall market share of approximately 5% and India’s second largest manufacturer with approximately 13% volume share in 2016

Capricon Food logoCapricorn Food Products India Ltd. was established in 1998 with its first Canning Processing Plant at Sathyavedu, Chittoor district. Capricorn has a robust infrastructure with Production Lines, Warehouses, Ripening Chambers.  

Capricorn has a robust infrastructure with Production Lines, Warehouses, Ripening Chambers in order to facilitate its growth in terms of Quantity and Quality. Further, a team of Agricultural officers to work in tandem with farmers to enforce strict compliance with the prescribed Package of Practices (POP), approved methods and modern, safe farming techniques. State-of-the-art laboratory for in-house testing of microbiology, colour, and other parameters of the products. The company has one each production facilities in Andhra Pradesh, Tamil Nadu and Maharashtra

Name of the Company:  Capricorn Food Products India Ltd 

Promoters: Rahoul Jain 

Based in: Chennai, Tamilnadu, India

Year of Establishment: 1998

Area of business:  Food processing

Issue Size: 

The IPO comprises of fresh issuance of equity shares worth Rs 171 crore and an offer for sale of up to 76.43 lakh share by the existing shareholders. 

Financials: 

The company's total revenues have increased at a CAGR of 13.61% from ₹ 3,142.31million in fiscal 2014 to ₹ 4,607.86 million in fiscal 2017. 

The earnings before interest, tax, depreciation and amortization (“EBITDA”) increased at a CAGR of 23.49% from ₹ 442.16 million in fiscal 2014 to ₹ 832.66 million in fiscal 2017. 

The profit after tax (“PAT”) has increased at a CAGR of 22.64% from ₹ 124.70 million in fiscal 2014 to ₹ 230.04 million in fiscal 2017.

Earnings per share (EPS):Capricon Food Products IPO EPS

Comparison with Peers:Capricon Food Products IPO Peers Comparison

Return on Net Worth (RoNW): 

As on March 31, 2015: 7.00%
As on March 31, 2016: 9.23% 
As on March 31, 2017: 9.96%

Registered and Corporate Office

Capricorn Food Products India Limited
Old No.AH-216
New No.AH-11 2nd Street
Shanthi Colony, Anna Nagar
Chennai 600 040
Tamil Nadu, India

Book Running Lead Managers 

IIFL Holdings Limited
ICICI Securities Limited
IDFC Bank Limited

Registrar to the Offer

Link Intime India Private Limited

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