IPO

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

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Chatha Foods Limited IPO Details


Chatha Foods Limited IPO is an SME IPO, priced at ₹53-56 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 59,62,000 equity shares, aggregating up to ₹34 crores..

The IPO bidding window is open from Mar 19, 2024 to Mar 21, 2024. The allotment is expected to be finalized on Mar 22, 2024, and the tentative listing date is Mar 27, 2024.

The minimum lot size for retail investors is 2000 shares, with a minimum investment of ₹1,12,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,24,000.

Indorient Financial Services Ltd is acting as the lead manager to the issue. The registrar of the IPO is Skyline Financial Services Private Ltd, and Alacrity Securities Ltd will act as the market maker for this issue.

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Chatha Foods Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved1,132,000 / 850,0001,982,0003,964,000
Day 1 - 19-03-24 06:00 PM0.87 / 1.84 x1.40 x1.34 x
Day 2 - 20-03-24 06:00 PM0.87 / 2.18 x3.49 x2.46 x
Day 3 - 21-03-24 06:00 PM8.54 / 44.52 x14.60 x19.28 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-2331-Mar-2231-Mar-21
Assets5,141.944,830.314,330.28
Revenue11,724.238,740.316,119.03
Profit After Tax245.2067.24-400.35
Net Worth2,175.121,929.931,862.68
Reserves & Surplus935.00689.81622.56
Total Borrowing1,060.191,101.331,065.03

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.

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Chatha Foods Limited - Promoter(s)

Pre Issue Share Holding: 81.36%

Post Issue Share Holding: %

Company Promoter(s)
  1. Paramjit Singh Chatha
  2. Gurpreet Chatha
  3. Gurcharan Singh Gosal
  4. Anmoldeep Singh

Chatha Foods Limited IPO - Issue Objectives

  1. Setting up the Proposed Manufacturing Unit
  2. 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.