BnF Logo

 

Balai Ni Fruitas Inc. is a wholly-owned subsidiary of Fruitas Holdings, Inc. It was incorporated on May 17, 2005 and started its operations in August 2005 when it opened its first Buko Ni Fruitas kiosk in Robinsons Manila serving fresh coconut-based beverages and desserts. Since then, the Company has expanded to create and acquire new brands, in turn, enabling them to become a reputable player in the Philippine food and beverage kiosk industry. Currently, it has three active brands namely Buko Ni Fruitas, Fruitas House of Desserts, and Balai Pandesal. Each brand offers specialized products such as fruit-based beverages, desserts, and freshly-baked goods.

 

For more information on the company, visit https://www.balainifruitas.com/.

   

 

Terms of the Offer 

 

Issuer

Balai Ni Fruitas Inc.

Offer

325,000,000 Primary Common Shares and 50,000,000 Secondary Common Shares with an Overallotment Option of up to 37,500,000 Secondary Common Shares

Offer Price

₱0.70 per share

Minimum Subscription

10,000 shares, and thereafter, in multiples of 1,000 shares

Offer Period

June 17, 2022 to June 23, 2022

Indicative Listing Date

June 30, 2022

Listing Venue

The Philippine Stock Exchange, Inc.

First Metro Role

Issue Manager, Bookrunner and Underwriter

 

To be listed in the Small, Medium and Emerging Board of The Philippine Stock Exchange, Inc. under the symbol “BALAI”.

 

Local Small Investors (LSIs) may register and apply online via the PSE Electronic Allocation System (PSE EASy) at: https://myeasy.pse.com.ph/

 

Only applications duly accomplished via PSE EASy will be received and accepted.

 

 

 

Final Prospectus

Investors are strongly advised to carefully read the contents of the Prospectus, together with the financial statements attached thereto.

Download a copy of the Final Prospectus.


 

  

Contact Details 

Any questions related to the Initial Public Offering may be directed to the following representatives.

 

Mark Joseph Cruz

Email Address: This email address is being protected from spambots. You need JavaScript enabled to view it.

Bernard Charles Paco

Email Address: This email address is being protected from spambots. You need JavaScript enabled to view it.