Leo Dryfruits IPO is set to open on January 1, 2025, and will close on January 3, 2025. The Leo Dryfruits IPO is a Book Built Issue, aiming to raise approximately ₹25.12 crores. This includes a fresh issue of ₹25.12 crores and an offer for sale of up to [.] equity shares. The face value of each share is ₹10.
Leo Dryfruits IPO Price band is set between ₹51 to ₹52 per share. The quota allocation is 35% for Retail investors, 50% for Qualified Institutional Buyers (QIB), and 15% for Non-Institutional Investors (HNI). Leo Dryfruits IPO is scheduled to list on BSE on January 8, 2025, with the allotment announcement on January 6, 2025.
The company reported revenue of ₹62.17 crores in 2024, compared to ₹36.44 crores in 2023. It posted a Profit of ₹6.64 crores in 2024, compared to a Profit of ₹3.63 crores in 2023. Based on the financials, IPO investors are advised to apply for the IPO for gains in the long term.
- Leo Dryfruits IPO Details
- Leo Dryfruits IPO Market Lot
- Leo Dryfruits IPO Dates
- About Leo Dryfruits
- Promoters of Leo Dryfruits
- Leo Dryfruits IPO Financial Report
- Key Performance Indicator
- Peer Group Comparison
- Objective of the Issue
- Leo Dryfruits IPO GMP (Grey Market Premium)
- Leo Dryfruits Subscription Status
- Leo Dryfruits Allotment Status
- IPO Registrar
- IPO Lead Managers
- Leo Dryfruits Contact
- FAQs
Leo Dryfruits IPO Details
| Overview Points | Description |
|---|---|
| Company Name | Leo Dryfruits Limited |
| Industry | Food Processing |
| IPO Issue Type | Book Built Issue |
| Open Date | January 1, 2025 |
| Close Date | January 3, 2025 |
| Total Issue Size | Approx ₹25.12 Crores |
| Fresh Issue | Approx ₹25.12 Crores |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹51 to ₹52 Per Share |
| Listing on | BSE SME |
| Lot Size | 2000 Shares Per Lot |
| Offer for Sale | Approx [.] Equity Shares |
| Shares Offered to Retail | 35% |
| Shares Offered to QIB | 50% |
| Shares Offered to HNI | 15% |
Leo Dryfruits IPO Market Lot
Leo Dryfruits IPO has a minimum lot size of 2,000 shares, with an amount of ₹1,04,000.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 2,000 | ₹1,04,000 |
| Retail Maximum | 1 | 2,000 | ₹1,04,000 |
| S-HNI Minimum | 2 | 4,000 | ₹2,08,000 |
Leo Dryfruits IPO Dates
Leo Dryfruits IPO opens on January 1, 2025, and closes on January 3, 2025. The allotment will be announced on January 6, 2025, and the IPO will be listed on January 8, 2025.
| Event | Date |
|---|---|
| IPO Open Date | January 1, 2025 |
| IPO Close Date | January 3, 2025 |
| Basis of Allotment | January 6, 2025 |
| Refunds | January 7, 2025 |
| Credit to Demat Account | January 7, 2025 |
| IPO Listing Date | January 8, 2025 |
About Leo Dryfruits
Established in November 2019, Leo Dryfruits and Spices Trading Limited is a leading manufacturer and trader of spices, dry fruits, and a variety of grocery products. The company markets its spices and dry fruits under the brand “VANDU”, while its frozen and semi-fried products are sold under the brand “FRYD”. Their product portfolio includes whole and blended spices, plain, roasted, and flavored dry fruits, ghee, chiz bites, poppy seeds, and sesame seeds.
Additionally, they produce a variety of seasonings such as chili flakes, garlic powder, asafoetida (hing), black salt, pulses, dry ginger, fennel seeds, fenugreek seeds, nigella seeds, mace, and nutmeg, along with selling ghee under the VANDU brand. The company operates across B2B, B2C, and D2C segments, ensuring a wide market reach and strong customer engagement.
As of June 30, 2024, Leo Dryfruits and Spices Trading Limited employs 45 permanent staff, supporting its operations and growth strategies. In the financial year ending March 31, 2024, the company reported a 71% increase in revenue and an 83% rise in profit after tax (PAT), highlighting its robust financial performance and operational efficiency. With a focus on quality, innovation, and market expansion, the company continues to strengthen its presence in the competitive food industry.
Promoters of Leo Dryfruits
- MR. Kaushik Sobhagchand Shah
- MR. Ketan Sobhagchand Shah
- MR. Parth Ashish Mehta
Leo Dryfruits IPO Financial Report
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 6,988.78 | 5,234.95 | 2,664.01 | 1,198.64 |
| Revenue | 1,788.24 | 6,226.51 | 3,646.83 | 526.54 |
| Profit After Tax | 187.18 | 663.69 | 363.46 | 7.9 |
| Net Worth | 3,577.44 | 3,390.26 | 499.91 | 136.45 |
| Reserves and Surplus | 2,271.29 | 2,084.12 | 370.41 | 6.95 |
| Total Borrowing | 1,670.06 | 914.64 | 1,537.13 | 601 |
| Amount in ₹ Lakhs | ||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 34.12% |
| ROCE | 33.52% |
| EBITDA Margin | 17.91% |
| PAT Margin | 10.68% |
| Debt to equity ratio | 0.27 |
| Earning Per Share (EPS) | ₹5.21 (Basic) |
| Price/Earning P/E Ratio | N/A |
| Return on Net Worth (RoNW) | 19.58% |
| Net Asset Value (NAV) | ₹26.63 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Jetmall Spices and Masala Limited | 0.07 | 146.86 | 0.44% | 16.22 | – Cr. |
| HOAC Foods India Limited | 3.88 | 38.71 | 30.53% | 12.69 | – Cr. |
| Madhusudan Masala Ltd | 8.27 | 21.86 | 19.97% | 35.70 | – Cr. |
Objective of the Issue
- Meeting the company’s working capital requirements.
- Investing in branding, advertising, and marketing initiatives.
- Allocating funds for general corporate purposes.
Leo Dryfruits IPO GMP (Grey Market Premium)
To check real-time Grey Market Premium (GMP on IPO) of Leo Dryfruits, please visit the IPO GMP page.
Leo Dryfruits Subscription Status
This IPO subscription kicks off on January 1, 2025! Meanwhile, if you’re looking to stay updated with the latest subscription figures, head over to our IPO Subscription section for real-time data on all ongoing IPOs. Moreover, don’t miss out on the action—track the progress as it happens!
Leo Dryfruits Allotment Status
To check Leo Dryfruits IPO allotment status, visit the IPO register website Bigshare or go to the IPO Allotment page.
IPO Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
IPO Lead Managers
SHRENI SHARES LIMITED
No. 217, Hive 67 Icon, Poisar Gymkhana Road,
Lokmanya Tilak Nagar Poisar, Near Raghuleela Mall,
Kandivali West, Mumbai – 400067, Maharashtra
Phone: 022 – 2089 7022
Email: shrenishares@gmail.com
Website: www.shreni.in
Leo Dryfruits Contact
LEO DRYFRUITS & SPICES TRADING LIMITED
A 812, MIDC Khairane, Thane Belapur Rd,
TTC Industrial Area, Koperkhairane,
Thane, Maharashtra-400705, India
Phone: +91-9321126141
E-mail: info@leodryfruitsandspices.com
Website: www.leodryfruitsandspices.com
FAQs
What is Leo Dryfruit’s IPO?
Leo Dryfruit’s IPO is an SME IPO. The company is going to raise ₹25.12 Crores via IPO. The issue is priced at ₹51 to ₹52 per equity share. The IPO is to be listed on BSE.
When Leo Dryfruit’s IPO will open for subscription?
The IPO is to open on January 1, 2025, for QIB, NII, and Retail Investors. The IPO will close on January 3, 2025.
What is Leo Dryfruit’s IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
How to Apply the Leo Dryfruit’s IPO?
You can apply for Leo Dryfruit’s IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
What is Leo Dryfruit’s IPO Issue Size?
Leo Dryfruit’s IPO issue size is ₹25.12 crores.
Note: Leo Dryfruit’s IPO price band and date have been officially announced. Leo Dryfruit’s IPO Grey Market Premium (GMP) will be added to the IPO GMP page as soon as it becomes available.
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