Leo Dry Fruits and Spices Trading Ltd IPO
BSE SMEListed On: Jan 8, 2025 at ₹ 68.0
₹ 104000 /2000 Shares
Check Allotment01 Jan, 2025
Open Date03 Jan, 2025
Close Date06 Jan, 2025
Allotment Date08 Jan, 2025
Listing DateIssue Price
₹51-52 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt LtdList Price
68.0Listing Date
2025-01-08Market Lot
2000 Shares (₹102,000/-)Lead Manager
Shreni Shares LimitedIssue Size
48,30,000 shares(aggregating up to ₹25.12 Cr)Retail Portion
35%Subscription
181.77 timesLeo Dry Fruits and Spices Trading IPO Details
Leo Dry Fruits and Spices Trading Ltd IPO is an SME IPO, priced at ₹51-52 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 48,30,000 equity shares, aggregating up to ₹25.12 crores..
The IPO bidding window is open from Jan 1, 2025 to Jan 3, 2025. The allotment is expected to be finalized on Jan 6, 2025, and the tentative listing date is Jan 8, 2025.
The minimum lot size for retail investors is 2000 shares, with a minimum investment of ₹1,04,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,08,000.
Shreni Shares Limited is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and Rikhav Securities Limited will act as the market maker for this issue.
Leo Dry Fruits and Spices Trading IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 9,16,000 / 7,00,000 | 16,44,000 | 32,60,000 |
| Day 1 - 01-01-25 06:00 PM | 0.00 / 1.47 x | 5.36 x | 3.02 x |
| Day 2 - 02-01-25 06:00 PM | 1.00 / 17.35 x | 20.12 x | 14.15 x |
| Day 3 - 03-01-25 06:00 PM | 68.06 / 394.59* x | 154.50 x | 181.77 x |
Leo Dry Fruits and Spices Trading Valuations
EPS Pre IPO
₹5.08/-EPS Post IPO
₹3.71/-P/E Pre IPO
10.23P/E Post IPO
14.02ROE
34.12%ROCE
33.52%Debt/Equity
0.27RoNW
19.58%PAT Margin
10.68Price to Book Value
1.95Leo Dry Fruits and Spices Trading Company Financials All values are in ₹ Lakh
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 5,234.95 | 2,664.01 | 1,198.64 |
| Revenue | 6,226.51 | 3,646.83 | 526.54 |
| Profit After Tax | 663.69 | 363.46 | 7.9 |
| Net Worth | 3,390.26 | 499.91 | 136.45 |
| Reserves & Surplus | 2,084.12 | 370.41 | 6.95 |
| Total Borrowing | 914.64 | 1,537.13 | 601.00 |
About The Company
Incorporated in November 2019, Leo Dryfruits & Spices Trading Limited specializes in manufacturing and trading a variety of spices and dry fruits under the brand VANDU as well as frozen and semi-fried products under “FRYD. The company supplies whole and blended spices, roasted and flavoured dry fruits, ghee, seasonings, and other grocery items in various packaging sizes.
The company's business is divided into two verticals:-
Trading of Products
Manufacturing and Processing of Spices
The company's manufacturing unit is situated in Thane, Maharastra.
The company operates in three segments: B2B, B2C, and D2C.
In the B2B segment, the company wholesales whole spices and dry fruits in bulk to traders for unbranded resale
In the B2C segment, the company sells its products as whole spices, blended spices, dry fruits, and groceries under VANDU through distributors, super stockists, e-commerce platforms like Amazon and Flipkart, and its website.
In the D2C segment, they sell directly to customers through its website and online channel partners such as Amazon, Flipkart etc.
As of September 30, 2024, the Company had approximately 46 permanent employees at various levels.
Leo Dry Fruits and Spices Trading - Promoter(s)
Pre Issue Share Holding: 52.21%
Post Issue Share Holding: 38.11%
- Mr. Kaushik Sobhagchand Shah
- Mr Ketan Sobhagchand Shah
- Mr Parth Ashish Mehta
Leo Dry Fruits and Spices Trading IPO - Issue Objectives
- Funding working capital requirements of the company
- Branding, Advertisement and Marketing activities
- General corporate purposes
Other Details
Leo Dry Fruits and Spices Trading
A 812, MIDC Khairane, Thane Belapur Rd, TTC Industrial Area, Koperkhairane, Thane, 400705Phone: + 91 9321126141
Email: info@leodryfruitsandspices.com
Website: https://leodryfruitsandspices.com/
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Leo Dry Fruits and Spices Trading IPO - FAQs
Ans. Leo Dry Fruits and Spices Trading Ltd IPO is a SME IPO. The issue is priced at ₹51-52 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Jan 1, 2025, and closes on Jan 3, 2025. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Leo Dry Fruits and Spices Trading Ltd IPO opens on Jan 1, 2025 and closes on Jan 3, 2025.
Ans. The size of Leo Dry Fruits and Spices Trading Ltd IPO is 48,30,000 shares(aggregating up to ₹25.12 Cr).
Ans. The IPO price band is set between ₹51-52 per equity share.
Ans. To apply for Leo Dry Fruits and Spices Trading Ltd IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Leo Dry Fruits and Spices Trading Ltd 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 Leo Dry Fruits and Spices Trading Ltd IPO is Jan 6, 2025.
Ans. The Leo Dry Fruits and Spices Trading Ltd IPO will be listed on Jan 8, 2025.
Ans. Follow the steps to check the allotment status for Leo Dry Fruits and Spices Trading Ltd IPO here.
