The Leo Dry Fruits and Spices IPO is structured as a book-built issue amounting to ₹25.12 crores. A total of 48.30 lakh shares are being issued entirely as a fresh offering.
The subscription for the Leo Dry Fruits and Spices IPO is scheduled to open on January 1, 2025, and close on January 3, 2025. The allotment of shares is expected to be finalized on Monday, January 6, 2025. The listing is planned on the BSE SME, with a tentative date set for Wednesday, January 8, 2025.
The price band for the Leo Dry Fruits and Spices IPO has been set at ₹51 to ₹52 per share. A minimum lot size of 2,000 shares is required for applications. For retail investors, an investment of ₹1,04,000 is required. For HNIs, a minimum investment of 2 lots (4,000 shares), amounting to ₹2,08,000, is necessitated.
Get the Leo Dry Fruits and Spices IPO RHP for detailed information.
| IPO Date | January 1, 2025 to January 3, 2025 |
| Listing Date | January 8, 2025 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 51 to ₹ 52 / Share |
| Lot Size | 2000 Shares |
| Total Issue Size | ₹25.12 Cr |
| Fresh Issue | ₹25.12 Cr |
| Offer for Sale | |
| Employee Discount | |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 1,30,61,440 |
| Share holding post issue | 1,78,91,440 |
| Market Maker portion | 2,46,000 |
Leo Dry Fruits and Spices Trading Ltd IPO opens on January 1, 2025, and closes on January 3, 2025.
| IPO Open Date | January 1, 2025 |
| IPO Close Date | January 3, 2025 |
| Basis of Allotment | January 6, 2025 |
| Initiation of Refunds | January 7, 2025 |
| Credit of Shares to Demat | January 7, 2025 |
| Listing Date | January 8, 2025 |
| Cut-off time for UPI mandate confirmation | January 3, 2025 |
A minimum of 2,000 shares, and multiples thereof, can be bid for by investors. The minimum and maximum investments, in terms of shares and amount, by retail investors and HNIs are depicted in the table below.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | Rs.104,000 |
| Retail (Max) | 1 | 2,000 | Rs.104,000 |
| S-HNI (Min) | 2 | 4,000 | Rs.208,000 |
| S-HNI (Max) | |||
| B-HNI (Min) | |||
| HNI (Min) |
| Share Holding Pre Issue | 52.21% |
| Share Holding Post Issue | 38.11% |
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | |
|
| Other Shares Offered | |
|
| QIB Shares Offered | Not more than 50% of the Net Issue |
|
| NII (HNI) Shares Offered | less than 15% of the Net Issue |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | Not less than 35% of the Net Issue |
|
| Employee Shares Offered | |
|
| Total Shares Offered | |
| Bid Date | |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
Incorporated in November 2019, Leo Dryfruits & Spices Trading Limited is specialized in the manufacturing and trading of a variety of spices and dry fruits under the brand VANDU, as well as frozen and semi-fried products under the brand “FRYD.” Whole and blended spices, roasted and flavored dry fruits, ghee, seasonings, and other grocery items are supplied by the company in various packaging sizes.
| KPI | Values |
|---|---|
| ROE | 34.12% |
| ROCE | 33.52% |
| Debt/Equity | 0.27 |
| RoNW | 19.58% |
| P/BV | |
| PAT Margin (%) | 10.68 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 5.08 | 3.71 |
| P/E (x) | 10.23 | 14.02 |
The Net Proceeds from the Issue are proposed to be utilized by the company for funding the following purposes:
Leo Dry Fruits and Spices Trading Ltd A 812, MIDC Khairane Thane Belapur Rd, TTC Industrial Area, Koperkhairane, Thane, 400705 Phone: + 91 9321126141 Email: info@leodryfruitsandspices.com Website: https://leodryfruitsandspices.com/ |
Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/IPO_Status.html |
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