Apex Frozen Foods Ltd
Apex Frozen Foods Ltd Company History
Apex Frozen Foods is presently one of India’s leading processors and exporters of processed Shrimp. Starting as a processor of Shrimp, the Company has made continuous investments to morph into a well-integrated player with presence across the key areas of the value chain. The strategic focus on backward integration and value addition in product offering has helped the Company cement place with its customers as a premier supplier of high-quality shrimp.
1995
Commenced business operations by formation of a partnership firm under the name Apex ExportsÂ
1995
2004
Setting up of processing facility at Kakinada Commencement of exports to US markets
2004
2006
Commencement of exports to European Market Received approval from Export Inspection Counsel of India for export to all countries including EU
2006
2007
Received Hazard Analysis and Critical Control Point for shrimp processing by SGS India Private Limited.
Received Certification for Global Standard for Food Safety for Shrimp processing by SGS United Kingdom
2007
2008
Received Best Acquaculture Practices certificate from Accreditation Committee of Acquaculture Certification Counsel Inc.,
2008
2012
Conversion of partnership firm into private limited under the name Apex Frozen Foods Private LimitedÂ
2012
2013
Exhibiting the products in Seafood Expo Global held in Bruseels
2013
2014
Commenced work for setting up of additional pre processing facilities at Tallarevu Commenced In-house farming operations for shrimp cultivation.
2014
2015
The Company has received a certificate of recognition- three star export house from Directorate General of Foreign Trade, Visakhapatnam, Ministry of Commerce & Industry, Government of India.
2015
2016
The Company was converted from private limited company to public company
Setting up of a pre-processing unit at Tallarevu for meeting additional demands
2016
2017
Farming of shrimp in over 1000 acres of land comprising of owned and leased basis.
The IPO of up to 87,00,000 equity shares of face value of Rs 10 each will be offered through a book-building route at a price-band of Rs 171-175 per share. At the upper end, the shares can fetch up to Rs 152.25 crore while at the lower limit, the company will raise at least Rs 148.77 crore.
The issue will comprise of fresh issue of 72,50,000 shares and an offer for sale of 14,50,000 shares by promoters.
2017
