Tapi Fruit Processing Share Price

Tapi Fruit Processing Limited was incorporated as Tapi Fruit Processing Private Limited on July 11, 2018. Company got converted into a Public Limited Company and name of the Company changed to Tapi Fruit Processing Limited on July 15, 2022 issued by Registrar of Companies, Ahmedabad. The Company is engaged in manufacturing and selling of Jam and Jelly based products. In 1999, Promoter Ghansyambhai Lukhi started business in the form of Sole Proprietorship Firm under the name of Tapi Food Products. In 2004, Tapi Food Products has established present factory under KVICS REGP Scheme, and launched MUM MUM brand Tutty Fruity Rs. 1 Sachet.In 2006, the Company installed Solar Steam Generating System for food processing with 10 parabolic Scheffler dishes and launched new products Syrups Mix Jelly Cubes.In 2010, it launched Depositor Jelly Candy bar under the brand Boleto. In year 2018, Subsequently, running business of sole proprietorship firm has been taken over by the Company effective from July 11, 2018.The diversified product portfolio cater to a wide range of taste preferences and consumer segments, including adults and children. These products in the Candied Fruit and Fruit Jellies, are primarily targeted at the children and youth while other products are for all consumer segments. The diversified product portfolio is therefore, relatively less susceptible to shifts in consumer preferences, market trends and risks of operating in a particular product segment.Company distributed products across 28 states and Union Territories in India, through a network of 60 superstockist. Besides, it export products through a channel of 5 merchant exporters. As of March 31, 2022, the aggregate estimated installed capacity for these owned and operated manufacturing facilities was 3000 MTPA.In September 2022, Company made an IPO of 10,86,000 Equity Shares of face value Rs 10/ each by raising funds to Rs 5.2 Crores.The Company opened its first retail outlet in 2024. The Company increased the capacity by installing a new automated production and packing machinery. It launched Jelly twist, fruit berries and jelly bite in FY 2025.