Megastar Foods IPO

Megastar Foods IPOBusiness description - Megastar Foods is engaged in the manufacturing of food based products such as wheat flour, organic wheat flour products and allied flour products i.e. Atta-Wheat flour products, Maida-Fine wheat flour products, Suji/Rawa-Semolina, Chokar/Wheat Bran, Organic Atta, Organic whole Wheat flour and Organic wheat flour etc. The company is an FSSC 22000 certified company for food safety systems including ISO 22000:2005, ISO 22002-1:2009 and additional FSSC 22000 requirements in respect of Processing (Pre Cleaning, Cleaning, milling, Sifting) of Wheat products like Atta, Maida, Suzi, Bran and its packaging in HDPE laminated bags and Poly Pouch bags by Intertek Certification Limited, United Kingdom. The company is having state of the art modern machinery in our wheat processing plant in Punjab, India, with an installed capacity of 81000 MT per year. At present Megastar Foods caters to MNC’s in India and also exports some of its products to United Nations Organization, Europe, United States & Middle East.

Promoters of Megastar Foods – Mr Vikas Goel and Mr Vikas Gupta
Megastar Foods IPO details
Subscription Dates 14 - 16 May 2018
IPO Price band INR30 per share
Fresh issue 2,680,000 shares (INR8.04 crore)
Offer for sale Nil
Total IPO size 2,680,000 shares (INR8.04 crore)
Minimum bid (lot size) 4,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On BSE SME platform
Use of funds
  • Working capital Requirements - INR6.50 crore
  • General Corporate Expenses - INR1.13 crore
  • Issue Expenses - INR0.41 crore
Megastar Foods' financial performance (in INR lakh)
FY2014 FY2015 FY2016 FY2017 9M FY2018
Total revenue 785.4 4,450.2 7,804.3 9,776.3 7,836.8
Total expenses 785.5 4,425.5 7,727.4 9,646.4 7,730.9
Profit after tax -0.1 -28.2 58.9 105.9 87.1
Megastar Foods' Contact Details

Megastar Foods Limited
Plot No. 807
Industrial Area, Phase-II
Chandigarh - 160 102

Phone: +91 0172 5005 024

Megastar Foods IPO Subscription Details
Day Subscription (no. of times)
Day 1 0.12
Day 2 1.03
Day 3 1.61
Megastar Foods Valuation (Latest FY)

Earnings Per Share (EPS): INR1.47

Price/Earnings (P/E) ratio: 20.47

Return on Net Worth (RONW): 14.43%

Net Asset Value (NAV): INR12.29 per share

Registrar of Megastar Foods IPO

Skyline Financial Services Pvt Ltd
A49, Gundecha Onclave, Kherani Road,
Sakinaka, Mumbai – 400 072
Maharashtra, India

Phone: +91 22 2851 1022

Megastar Foods IPO Allotment Status

Megastar Foods IPO allotment status is now available on Skyline Financial Services' website. Click on this link to get allotment status.

Listing performance of Megastar Foods

IPO Opening Date: 14 May 2018

IPO Closing Date: 16 May 2018

Listing Date: 24 May 2018

Listing Price on BSE SME: INR30.5 per share (up 1.67% from IPO price)

Closing Price on BSE SME: INR31 per share (up 3.33% from IPO price)

Megastar Foods IPO
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One thought on “Megastar Foods IPO

  • May 14, 2018 at 11:22 AM

    Any premium on this?


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