Leo Dry Fruits and Spices Trading IPO
Leo Dry Fruits and Spices Trading is a BSE SME IPO listed on the BSE SME platform, priced at ₹51–₹52 per share. The stock debuted at ₹68, delivering a listing gain of 30.8%. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹1,04,000.
Leo Dry Fruits and Spices Trading Ltd IPO
- IPO Dates
- Jan 1, 2025 – Jan 3, 2025
- Price band
- ₹51-52 per equity share
- Minimum Investment
- ₹1,04,000
- Issue size
- ₹25.12 Cr
- Lot size
- 2000
- Allotment Date
- Jan 6, 2025
- Listing
- Jan 8, 2025
- Listing At
- BSE SME
IPO timeline
-
Jan 1, 2025
Open Date
Completed
-
Jan 3, 2025
Close Date
Completed
-
Jan 6, 2025
Allotment Date
Completed
-
Jan 8, 2025
Listing Date
Completed
Leo Dry Fruits and Spices Trading IPO Essentials
Leo Dry Fruits and Spices Trading IPO Details
Leo Dry Fruits and Spices Trading IPO is priced at ₹51-52 per share with a total issue size of 25.12 crore. The IPO has a lot size of 2000 shares and is listed on BSE SME.
- Issue price
- ₹51-52 per equity share
- Lot size
- 2000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 48,30,000 shares(aggregating up to ₹25.12 Cr)
- Total issue size
- 48,30,000 shares
(aggregating up to ₹25.12 crore) - Fresh issue
- 48,30,000 shares
(aggregating up to ₹25.12 crore) - Listing at
- BSE SME
- List price
- 68.0
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Shreni Shares Limited
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 | ₹1,04,000 |
| Retail(max) | 1 | 2000 | ₹1,04,000 |
| NII (min) | 2 | 4000 | ₹2,08,000 |
Leo Dry Fruits and Spices Trading IPO Reservation
Leo Dry Fruits and Spices Trading IPO reservation details show category-wise allocation of shares. Out of the total 48,30,000 shares, approximately 18.96% are reserved for QIB, 14.49% for NII, 34.04% for retail investors, 5.09% for market maker, and 27.41% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 13,24,000 (27.41%) | |
| Market Maker Shares Offered | 2,46,000 (5.09%) | |
| QIB Shares Offered | 9,16,000 (18.96%) | |
| NII (HNI) Shares Offered | 7,00,000 (14.49%) | |
| Retail Shares Offered | 16,44,000 (34.04%) | |
| Total Shares Offered | 48,30,000 (100%) |
Leo Dry Fruits and Spices Trading IPO Analytics
Leo Dry Fruits and Spices Trading IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Leo Dry Fruits and Spices Trading IPO Subscription Status
Leo Dry Fruits and Spices Trading 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 | 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
Earnings
- EPS Pre IPO
- ₹5.08/-
- EPS Post IPO
- ₹3.71/-
- P/E Pre IPO
- 10.23
- P/E Post IPO
- 14.02
Returns
- ROE
- 34.12%
- ROCE
- 33.52%
- RoNW
- 19.58%
- PAT Margin
- 10.68
Fundamentals
- Debt / Equity
- 0.27
- Price / Book
- 1.95
Leo Dry Fruits and Spices Trading Financials( In Lakhs)
| 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 |
Leo Dry Fruits and Spices Trading Company & Offer Insights
About Leo Dry Fruits and Spices Trading
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)
Mr. Kaushik Sobhagchand Shah, Mr Ketan Sobhagchand Shah, Mr Parth Ashish Mehta are the company's promoters of Leo Dry Fruits and Spices Trading.
Leo Dry Fruits and Spices Trading IPO Issue Objectives
- •
- Funding working capital requirements of the company
- •
- Branding, Advertisement and Marketing activities
- •
- General corporate purposes
Leo Dry Fruits and Spices Trading IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Leo Dry Fruits and Spices Trading Ltd | 5.21 | N/A | 26.63 | 10.23 | 19.58 | 2 | Standalone |
| Jetmall Spices And Masala Ltd | 0.07 | N/A | 16.22 | 156.43 | 0.44 | 0.63 | Standalone |
| Hoac Foods India Limited | 3.88 | N/A | 12.69 | 32.22 | 30.53 | 10.42 | Standalone |
| Madhusudan Masala Limited | 8.27 | N/A | 35.7 | 24.65 | 19.97 | 5.8 | Standalone |
Notes:
- The P/E Ratio for HOAC Foods India Limited and Madhusudan Masala Ltd has been computed based on their respective closing market price on December 16, 2024, and for Jetmall Spices and Masala Limited on its closing market price on December 02, 2024, as divided by the Basic EPS as on March 31, 2024.
- CMP of HOAC Foods India Limited and Madhusudan Masala Ltd is the closing prices or the last traded price of respective scripts as of December 16, 2024, and December 02, 2024, for Jetmall Spices and Masala Limited.
- The Price Band determined by the Company in consultation with the Book Running Lead Manager is justified by our Company in consultation with the Book Running Lead Manager based on the above parameters.
Contact Information
Contact Details
Leo Dry Fruits and Spices Trading
+ 91 9321126141
info@leodryfruitsandspices.com
https://leodryfruitsandspices.com/
A 812, MIDC Khairane, Thane Belapur Rd, TTC Industrial Area, Koperkhairane, Thane, 400705
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
Leo Dry Fruits and Spices Trading IPO is a book-built IPO worth ₹25.12 crore. The price band is ₹51–₹52 per share. The IPO opens on Jan 1, 2025 and closes on Jan 3, 2025. It will be listed on BSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The price band of Leo Dry Fruits and Spices Trading IPO is ₹51 to ₹52 per share.
The lot size of Leo Dry Fruits and Spices Trading IPO is 2000 shares.
The minimum investment for Leo Dry Fruits and Spices Trading IPO is approximately ₹1,04,000 based on the upper price band .
Leo Dry Fruits and Spices Trading IPO opens on Jan 1, 2025 and closes on Jan 3, 2025.
The allotment date of Leo Dry Fruits and Spices Trading IPO is Jan 6, 2025.
Leo Dry Fruits and Spices Trading IPO is expected to be listed on Jan 8, 2025, on BSE SME Platform.
Leo Dry Fruits and Spices Trading IPO valuation snapshot: P/E 14.02, EPS ₹3.71/-, P/B 1.95, RoNW 19.58%, and market cap N/A.
To apply for Leo Dry Fruits and Spices Trading 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 Leo Dry Fruits and Spices Trading 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 Leo Dry Fruits and Spices Trading IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Leo Dry Fruits and Spices Trading IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Leo Dry Fruits and Spices Trading IPO allotment status on IPO Ji for quick and easy access.