LEO DRYFRUITS & SPICES TRADING LIMITED
LEO DRYFRUITS & SPICES TRADING LIMITED is involved in the manufacturing, processing, trading, and marketing of a wide range of food products. Under the brand "VANDU," they offer whole and blended spices, dry fruits (plain, roasted, and flavored), ghee, seasonings, and snacks like chiz bites in various packaging sizes. Their "FRYD" brand covers frozen and semi-fried food products.
The company operates two divisions:
Trading Division: Deals in bulk and branded retail sales of spices and dry fruits.
Manufacturing Division: Handles the processing of blended spices, seasonings, and snack items at their facility in Thane, Maharashtra.
With a strong presence in both B2B and retail markets, the company continues to grow its footprint across the food industry.
Price Band₹52 |
Dates01 Jan - 03 Jan |
GMP₹0 (0.00%) |
Subscriptions- |
Issue Size₹25.12 Crs |
LEO DRYFRUITS & SPICES TRADING IPO Objects
1.Funding working capital requirements of our company
2.Branding, Advertisement and Marketing activities
3.General corporate purposes.
LEO DRYFRUITS & SPICES TRADING IPO Details
Price Band₹52 |
Listing AtBSE SME |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹25.12 Cr (0.48 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹25.12 Cr (0.48 Cr Shares) |
Face Value₹10 per equity share |
LEO DRYFRUITS & SPICES TRADING IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
2,000
1,04,000
Maximum
1
2,000
1,04,000
|
|||
| NII |
Minimum
2
4,000
2,08,000
|
|||
LEO DRYFRUITS & SPICES TRADING IPO Subscription
-
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| Total | - | 0 | 0 |
LEO DRYFRUITS & SPICES TRADING IPO GMP
The estimated Grey Market Premium of LEO DRYFRUITS & SPICES TRADING IPO is ₹0 per share (0.00%)
1. GMPs are available for IPOs with listing dates from May 1, 2025, onwards.
2. The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not more than 50% of net offer |
| NII | Not less than 15% of net offer |
| Retail | Not less than 35% of net offer |
| Market Maker | 2,46,000 |
LEO DRYFRUITS & SPICES TRADING IPO Financials
| Particulars | Sep-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue from Operations | 17.88 | 62.17 | 36.44 | 5.27 |
| Profit after Tax | 1.87 | 6.64 | 3.63 | 0.08 |
| Net Worth | 35.77 | 33.90 | 5.00 | 1.36 |
| Total Borrowing | 16.70 | 9.15 | 15.37 | 6.01 |
| Total Assets | 69.89 | 52.35 | 26.64 | 11.99 |
| NAV per share (in ₹) | 27.39 | 26.63 | 5.51 | 1.75 |
| EPS - Basic (in ₹) | 1.43 | 5.21 | 4.01 | 0.10 |
The financial information presented is on a consolidated basis
Key Performance Indicators
| KPI | KPI |
|---|---|
| EBITDA | 19.78% |
| PAT | 10.47 |
| ROE | 5.23% |
| ROCE | 6.26% |
| Debt to Equity | 0.47 |
| PE Ratio | 9.98 |
| PB Ratio | 1.95 |
| Mkt Cap (in Crs.) | 93.04 |
All Ratios are based on Mar 24
PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
LEO DRYFRUITS & SPICES TRADING IPO Peer Comparision
| Particulars | Co. | Jetmall Spices and Masala | HOAC Foods India | Madhusudan Masala |
|---|---|---|---|---|
| Revenue from Ops (in Crs.) | 62.17 | 1.31 | 15.63 | 162.22 |
| PAT (In Crs.) | 6.64 | 0.04 | 1.02 | 9.20 |
| EPS - Basic | 5.21 | 0.07 | 3.88 | 8.27 |
| NAV per share | 26.63 | 16.22 | 12.69 | 35.70 |
| RONW | 19.58% | 0.44% | 30.53% | 19.97% |
| EBITDA | 17.91% | 8.38% | 11.63% | 10.68% |
| PAT Margin | 10.68% | 3.27% | 6.55% | 5.67% |
| Price to earning (PE) | 9.98 | 156.43 | 32.22 | 24.65 |
All the information pertains to FY 2023-24
The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of March 31, 2024 for Peers
LEO DRYFRUITS & SPICES TRADING IPO Peer Comparision
| Particulars | Co. |
|---|---|
| Revenue from Ops (in Crs.) | 62.17 |
| PAT (In Crs.) | 6.64 |
| EPS - Basic | 5.21 |
| NAV per share | 26.63 |
| RONW | 19.58% |
| EBITDA | 17.91% |
| PAT Margin | 10.68% |
| Price to earning (PE) | 9.98 |
| Jetmall Spices and Masala | HOAC Foods India | Madhusudan Masala |
|---|---|---|
| 1.31 | 15.63 | 162.22 |
| 0.04 | 1.02 | 9.20 |
| 0.07 | 3.88 | 8.27 |
| 16.22 | 12.69 | 35.70 |
| 0.44% | 30.53% | 19.97% |
| 8.38% | 11.63% | 10.68% |
| 3.27% | 6.55% | 5.67% |
| 156.43 | 32.22 | 24.65 |
All the information pertains to FY 2023-24
The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of March 31, 2024 for Peers
Promoter Details
| Name | Shareholding |
|---|---|
| Mr. Kaushik Sobhagchand Shah | 18.06% |
| Mr. Ketan Sobhagchand Shah | 15.66% |
| Mr. Parth Ashish Mehta | 17.30% |
| Other Promoter | 1.20% |
Management Details
| Name | Designation |
|---|---|
| Mr. Kaushik Sobhagchand Shah | Chairman & MD |
| Mr. Ketan Sobhagchand Shah | CFO |
Company Details
Name : LEO DRYFRUITS & SPICES TRADING LIMITED
Address : A 812, MIDC Khairane, Thane Belapur Rd, TTC Industrial Area, Koperkhairane, Thane, Maharashtra 400705, India
Number : + 91 9321126141
Email : info@leodryfruitsandspices.com
Website : www.leodryfruitsandspices.com
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Find answers to common questions that come in your mind related to IPO.
LEO DRYFRUITS & SPICES TRADING IPO is a SME IPO having an issue size of Rs. ₹25.12 Crs. LEO DRYFRUITS & SPICES TRADING IPO is priced at ₹52 - ₹52 per share. The issue opens on 01 Jan 25 and closes on 03 Jan 25.
LEO DRYFRUITS & SPICES TRADING IPO opens on 01 Jan 25 and closes on 03 Jan 25.
The estimated Grey Market Premium of LEO DRYFRUITS & SPICES TRADING IPO is ₹0 per share (0.00%).
The minimum lot size of LEO DRYFRUITS & SPICES TRADING IPO is 2000 shares & the minimum application amount is Rs. 104000.
The allotment date of LEO DRYFRUITS & SPICES TRADING IPO is 06 Jan 25.
The listing date of LEO DRYFRUITS & SPICES TRADING IPO is 08 Jan 25.
LEO DRYFRUITS & SPICES TRADING IPO is subscribed -.
LEO DRYFRUITS & SPICES TRADING IPO is priced at ₹52 - ₹52 per share.
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