Chatha Foods Limited IPO
Chatha Foods Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹53–₹56 per share. The stock debuted at ₹73, delivering a listing gain of 30.4%. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹1,12,000.
Chatha Foods Limited IPO
- IPO Dates
- Mar 19, 2024 – Mar 21, 2024
- Price band
- ₹53-56 per equity share
- Minimum Investment
- ₹1,12,000
- Issue size
- ₹34 Cr
- Lot size
- 2000
- Allotment Date
- Mar 22, 2024
- Listing
- Mar 27, 2024
- Listing At
- BSE SME
IPO timeline
-
Mar 19, 2024
Open Date
Completed
-
Mar 21, 2024
Close Date
Completed
-
Mar 22, 2024
Allotment Date
Completed
-
Mar 27, 2024
Listing Date
Completed
Chatha Foods Limited IPO Essentials
Chatha Foods Limited IPO Details
Chatha Foods Limited IPO is priced at ₹53-56 per share with a total issue size of 34 crore. The IPO has a lot size of 2000 shares and is listed on BSE SME.
- Issue price
- ₹53-56 per equity share
- Lot size
- 2000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 5,962,000 shares(aggregating up to ₹34.00 Cr)
- Total issue size
- 59,62,000 shares
(aggregating up to ₹34 crore) - Fresh issue
- 59,62,000 shares
(aggregating up to ₹34 crore) - Listing at
- BSE SME
- List price
- 73.0
- Listing date
- Registrar
- Skyline Financial Services Private Ltd
- Lead manager
-
Indorient Financial Services Ltd
Market Lot Size
Investors can bid for a minimum of 2000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 2000 | ₹1,12,000 |
| Retail(max) | 1 | 2000 | ₹1,12,000 |
| NII (min) | 2 | 4,000 | ₹2,24,000 |
Chatha Foods Limited IPO Reservation
Chatha Foods Limited IPO reservation details show category-wise allocation of shares. Out of the total 5,962,000 shares, approximately 18.99% are reserved for QIB, 14.26% for NII, 33.24% for retail investors, 5.03% for market maker, and 28.48% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 1,698,000 (28.48%) | |
| Market Maker Shares Offered | 300,000 (5.03%) | |
| QIB Shares Offered | 1,132,000 (18.99%) | |
| NII (HNI) Shares Offered | 850,000 (14.26%) | |
| Retail Shares Offered | 1,982,000 (33.24%) | |
| Total Shares Offered | 5,962,000 (100%) |
Chatha Foods Limited IPO Analytics
Chatha Foods Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Chatha Foods Limited IPO Subscription Status
Chatha Foods Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| 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 |
Chatha Foods Limited Valuations
Earnings
- EPS Pre IPO
- ₹1.48/-
- EPS Post IPO
- ₹3.03/-
- P/E Pre IPO
- 37.76
- P/E Post IPO
- 18.47
Returns
- ROE
- 14.54%
- ROCE
- 14.81%
- RoNW
- 14.54%
- PAT Margin
- 4.82
Fundamentals
- Debt / Equity
- 0.39
- Price / Book
- 3.68
Chatha Foods Limited Financials( In Lakhs)
| 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 |
Chatha Foods Limited Company & Offer Insights
About Chatha Foods Limited
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)
Paramjit Singh Chatha, Gurpreet Chatha, Gurcharan Singh Gosal, Anmoldeep Singh are the company's promoters of Chatha Foods Limited.
Chatha Foods Limited IPO Issue Objectives
- •
- Setting up the Proposed Manufacturing Unit
- •
- General Corporate Purposes
Chatha Foods Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Chatha Foods Limited | 1.48 | 1.48 | 17.54 | 37.76 | 14.54 | N/A | Standalone |
| Tasty Bite Eatables Ltd. | 117.73 | N/A | 948.92 | 114.23 | 12.41 | N/A | Standalone |
Notes:
- P/E Ratio is based on the current market price of the respective scrips.
- The EPS, NAV, RoNW, and Total Income of our Company are taken as per Restated Financial Statements for the Financial Year 2022-23 as adjusted with the effect of Bonus Issue.
- NAV per share is computed as the closing net worth divided by the closing outstanding number of paid-up equity shares as adjusted with the effect of Bonus Issue.
- P/E Ratio of the peer company is based on the audited financial results of the company for the financial year 2023 and stock exchange data as of March 2, 2024.
- The RoNW has been computed by dividing net profit after tax (excluding exceptional items) with the average restated Net Worth of the beginning and end of the year/period.
- Net worth has been computed in the manner as specified in Regulation 2(1)(hh) of SEBI (ICDR) Regulations, 2018.
Contact Information
Contact Details
Chatha Foods Limited
+ 91 18146 16381
272, Mota Singh Nagar, Jalandhar – 144 001, Punjab
Registrar Contact Details
Skyline Financial Services Private Ltd
02228511022
Frequently Asked Questions
Click any question to reveal the answer
Chatha Foods Limited IPO is a book-built IPO worth ₹34 crore. The price band is ₹53–₹56 per share. The IPO opens on Mar 19, 2024 and closes on Mar 21, 2024. It will be listed on BSE SME Platform. Skyline Financial Services Private Ltd is the registrar.
The price band of Chatha Foods Limited IPO is ₹53 to ₹56 per share.
The lot size of Chatha Foods Limited IPO is 2000 shares.
The minimum investment for Chatha Foods Limited IPO is approximately ₹1,12,000 based on the upper price band .
Chatha Foods Limited IPO opens on Mar 19, 2024 and closes on Mar 21, 2024.
The allotment date of Chatha Foods Limited IPO is Mar 22, 2024.
Chatha Foods Limited IPO is expected to be listed on Mar 27, 2024, on BSE SME Platform.
Chatha Foods Limited IPO valuation snapshot: P/E 18.47, EPS ₹3.03/-, P/B 3.68, RoNW 14.54%, and market cap N/A.
To apply for Chatha Foods Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Chatha Foods Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Chatha Foods Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Chatha Foods Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Chatha Foods Limited IPO allotment status on IPO Ji for quick and easy access.