on account that its list on September 4, 2017, the inventory of the company engaged in aquaculture merchandise commercial enterprise rallied 73% from Rs 210. On comparison, the benchmark S&P BSE Sensex changed into down 0.23% at some point of the period.
On first day of its list, Girik Wealth Advisors non-public Ltd PMS had bought 311,077 shares of Apex Frozen meals at Rs 211.91 in step with proportion. Tantallon India Fund purchased 180,825 stocks at Rs 210.78 in keeping with proportion, the NSE bulk deal facts indicates.
BNP Paribas Arbitrage however, bought 200,000 stocks of Apex Frozen foods at Rs 211.95 according to percentage.
Apex Frozen meals had raised about Rs 152 crore through IPO. The proceeds from the problem might be utilised closer to putting in a brand new shrimp processing unit with a potential of 20,000 tonnes according to annum in Andhra Pradesh and for widespread corporate purposes.
The organisation is an integrated manufacturer and exporter of shelf stable and equipped-to-cook dinner merchandise to a assorted purchaser base including meals agencies, retail chains, eating places, membership stores and vendors throughout the united states, united kingdom and ecu international locations. The organisation sells aquaculture merchandise beneath 3 brands, specifically, Bay fresh, Bay Harvest and Bay premium.
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