EB Organic Food

PriceRs.25

Friday, January 18, 2013

Esteem Bio Organic Food Processing has launched an IPO of 4,500,000 Equity Shares of Rs.10 face value each.

Esteem Bio Organic Food Processing is engaged in agriculture operations, established in 1995. Esteem Bio cultivates wheat, paddy, sugar cane, fruits, vegetables, flowers and also engaged in wood plantation.It has an integrated facility of cultivation, processing and distribution of agriculture commodities.

The Company focuses mainly on organic farming for its horticulture segment of farming, wherein it uses bio-agri inputs such as Bio-Pesticides and Bio-Fertilizers.

Esteem Bio has farms spread over 295.80 Acres in Uttarakhand. Company also engages in wood plantation like Poplar, Eucalyptus, Kadam, Bamboos and Mentha.

Objects of the Issue:

1. To finance business expansion plans and

2. To achieve the benefits of listing on the SME platform of BSE.

Issue Detail:

Issue Open: January 18, 2013 - January 22, 2013
Type: Fixed Price Issue
Size: 4,500,000 Equity Shares of Rs.10
Issue Size: Rs.11.25 Crore
Face Value: Rs.10 Per Equity Share
Issue Price: Rs.25 Per Equity Share
Market Lot: 6000 Shares
Minimum Order Quantity: 6000 Shares
Listing At: BSE SME