Chatha Foods Limited IPO

BSE SME

Listed On: Mar 27, 2024 at ₹ 73.0

₹ 112000 /2000 Shares

Check Allotment

Chatha Foods Limited IPO Details

19 Mar, 2024

Open Date

21 Mar, 2024

Close Date

22 Mar, 2024

Allotment Date

27 Mar, 2024

Listing Date

Issue Price

₹53-56 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Skyline Financial Services Private Ltd

List Price

73.0

Listing Date

2024-03-27

Market Lot

2000 Shares (₹112,000/-)

Lead Manager

Indorient Financial Services Ltd

Issue Size

5,962,000 shares(aggregating up to ₹34.00 Cr)

Retail Portion

35%

Subscription

19.28 times

IPO Docs

DRHP RHP ANCHOR

The IPO of Chatha Foods Limited is priced at ₹53-56 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on BSE SME. Skyline Financial Services Private Ltd is the registrar of the issue.

Chatha Foods Limited IPO bid opening date is from Mar 19, 2024 and the bid closing date was Mar 21, 2024.
Chatha Foods Limited IPO allotment result will be available on Mar 22, 2024. The tentative listing date for Chatha Foods Limited is Mar 27, 2024.

The total issue size is 5,962,000 shares(aggregating up to ₹34.00 Cr).

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	1,132,000 / 850,000	1,982,000	3,964,000
Day 1 - 19-03-24 06:00 PM	0.87 / 1.84 x	1.40 x	1.34 x
Day 2 - 20-03-24 06:00 PM	0.87 / 2.18 x	3.49 x	2.46 x
Day 3 - 21-03-24 06:00 PM	8.54 / 44.52 x	14.60 x	19.28 x

Total No. of Applications: 18,695 (Approx)

Chatha Foods Limited Valuations

EPS Pre IPO

₹1.48/-

EPS Post IPO

₹3.03/-

P/E Pre IPO

37.76

P/E Post IPO

18.47

ROE

14.54%

ROCE

14.81%

Debt/Equity

0.39

RoNW

14.54%

PAT Margin

4.82

Price to Book Value

3.68

Chatha Foods Limited Company Financials All values are in ₹ Lakh

	31-Mar-23	31-Mar-22	31-Mar-21
Assets	5,141.94	4,830.31	4,330.28
Revenue	11,724.23	8,740.31	6,119.03
Profit After Tax	245.20	67.24	-400.35
Net Worth	2,175.12	1,929.93	1,862.68
Reserves & Surplus	935.00	689.81	622.56
Total Borrowing	1,060.19	1,101.33	1,065.03

About The Company

Chatha Foods Limited (CFL) is a frozen food processor, established in 1997. The firm sells its range of frozen food products to the top QSRs (Quick Serving Restaurants), CDRs (Casual Dining Restaurants), and other HoReCa (Hotel-Restaurant-Catering) players. Chatha Foods has a diversified product range that includes Chicken Appetizers, Meat Patties, Chicken Sausages, Sliced Meat, Toppings & Fillers, etc. The company has over 70 products in the meat category.

It has a portfolio of products marketed under the brand name Chatha Foods and sold to 32 cities across India and directly into 126 mid-segment & standalone small QSR brands through 29 distributors.

Chatha Foods Limited has a Manufacturing facility, located in the District of Mohali, which has a production capacity of about 7,839 MT for all the frozen food products.

The company serves leading QSRs, CDRs, and other hotel-Restaurant-Catering segment chains including the India franchise of Domino's & Subway's, Café Coffee Day, Wok Express, and many others.

The company is valued by Negen Undiscovered Value Fund who had invested in 2023, acquiring 10% equity shareholding in the Company. As of March 2023, the Company had a staff of 284.

Chatha Foods Limited - Promoter(s)

Pre Issue Share Holding: 81.36%

Post Issue Share Holding: %

Company Promoter(s)

Paramjit Singh Chatha
Gurpreet Chatha
Gurcharan Singh Gosal
Anmoldeep Singh

Chatha Foods Limited IPO - Issue Objectives

Setting up the Proposed Manufacturing Unit
General Corporate Purposes

Other Details

Company Contact Details

Chatha Foods Limited

272, Mota Singh Nagar, Jalandhar – 144 001, Punjab

Phone: + 91 18146 16381

Email: cs@cfpl.net.in

Website: http://www.cfpl.net.in/

Registrar Contact Details

Skyline Financial Services Private Ltd

Phone: 02228511022

Email: ipo@skylinerta.com

Website: https://www.skylinerta.com/ipo.php

Chatha Foods Limited IPO - FAQs

Ans. Chatha Foods Limited IPO is a SME IPO. The issue is priced at ₹53-56 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Mar 19, 2024, and closes on Mar 21, 2024. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Chatha Foods Limited IPO opens on Mar 19, 2024 and closes on Mar 21, 2024.

Ans. The size of Chatha Foods Limited IPO is 5,962,000 shares(aggregating up to ₹34.00 Cr).

Ans. The IPO price band is set between ₹53-56 per equity share.

Ans. To apply for Chatha Foods Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Chatha Foods Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Chatha Foods Limited IPO is Mar 22, 2024.

Ans. The Chatha Foods Limited IPO will be listed on Mar 27, 2024.

Ans. Follow the steps to check the allotment status for Chatha Foods Limited IPO here.