NeoPolitan Pizza and Foods Limited IPO
BSE SMEListed On: Oct 9, 2024 at ₹ 19.25
₹ 240000 /12000 Shares
*Min Investment
30 Sep, 2024
Open Date04 Oct, 2024
Close Date07 Oct, 2024
Allotment Date09 Oct, 2024
Listing DateExpected Premium is derived from market rumors and internet sources. It does not reflect the actual IPO listing price or value. Please review the RHP and consult a financial advisor before investing.
NeoPolitan Pizza and Foods IPO Issue Details
- Issue Price ₹20 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 60,00,000 shares(aggregating up to ₹12 crore)
- Fresh Share 60,00,000 shares(aggregating up to ₹12 crore)
- Listing at BSE SME
- List Price 19.25
- Listing Date 2024-10-09
- Lead Manager Turnaround Corporate Advisors Private Limited
- Registrar Bigshare Services Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 6000 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 | 6000 | ₹1,20,000 |
| Retail(max) | 1 | 6000 | ₹1,20,000 |
| NII (min) | 2 | 12,000 | ₹2,40,000 |
NeoPolitan Pizza and Foods IPO Reservation
NeoPolitan Pizza and Foods IPO offers total 60,00,001 shares. Out of which NA (NA%) allocated to QIB, NA (NA%) allocated to NII,28,50,000 (47.5%) allocated to RII, NA (NA%) allocated to employees and NA (NA%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| Market Maker Shares Offered | 3,00,000 (5%) | |
| Retail Shares Offered | 28,50,000 (47.5%) | |
| Total Shares Offered | 60,00,001 (100%) |
NeoPolitan Pizza and Foods IPO Details
NeoPolitan Pizza and Foods Limited IPO is an SME IPO, priced at ₹20 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 60,00,000 equity shares, aggregating up to ₹12 crores..
The IPO bidding window is open from Sep 30, 2024 to Oct 4, 2024. The allotment is expected to be finalized on Oct 7, 2024, and the tentative listing date is Oct 9, 2024.
The minimum lot size for Retail investors is 6000 shares, with a minimum investment of ₹1,20,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,40,000.
Turnaround Corporate Advisors Private Limited is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and Mnm Stock Broking Private Limited will act as the market maker for this issue.
NeoPolitan Pizza and Foods IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 2,850,000 | 2,850,000 | 5,700,000 |
Day 1 30-09-24 06:00 PM | 0.12 x | 1.54 x | 0.83 x |
Day 2 01-10-24 06:00 PM | 0.44 x | 5.12 x | 2.78 x |
Day 3 03-10-24 06:00 PM | 1.94 x | 16.90 x | 9.42 x |
Day 4 04-10-24 06:00 PM | 20.83 x | 42.62 x | 32.77 x |
NeoPolitan Pizza and Foods Valuations
NeoPolitan Pizza and Foods Company Financials
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 2,040.5 | 1,811.58 | 1,300.94 |
| Revenue | 4,401.07 | 2,004.61 | 1,630.82 |
| Profit After Tax | 210.72 | 116.8 | 18.44 |
| Net Worth | 1,590.86 | 1,381.61 | 807.39 |
| Reserves & Surplus | 492.33 | 281.61 | -63.9 |
| Total Borrowing | 59.19 | 68.82 | 259.45 |
About NeoPolitan Pizza and Foods Company
Neopolitan Pizza And Foods Limited has two segments: restaurant operations and agricultural commodity trading. The company owns and operates restaurants and also operates through a franchise model. It specializes in Neapolitan-style pizza made with fresh ingredients and offers a variety of toppings, including gluten-free and vegetarian options.
Neapolitan Pizza is ISO 22000:2018 certified and offers a variety of soups, salads, bread, pasta, hand-tossed pizza, and desserts. The concept is family-oriented and kid-friendly.Neapolitan Pizza and Foods Limited also trade agricultural commodities such as wheat, rice, tomatoes, and onions. The aim is to source high-quality products from trusted suppliers and offer them to customers at competitive prices.
The company expanded its global presence by investing $87,500 in its wholly-owned subsidiary, Neoindian Pizza Inc., located in the USA.As of March 31, 2024, the company operated 21 restaurants in over 16 cities, spanning 2 states and union territories in India.
NeoPolitan Pizza and Foods - Promoter(s)
Mr. Mukund Purohit
Mrs. Arti Mukund Purohit
Pre Issue Share Holding : 72.68%
Post Issue Share Holding : 47.03%
NeoPolitan Pizza and Foods IPO - Issue Objectives
Expansion of the Retail Network by launching 16 new Quick Service Restaurants
Security Deposit and Advance Rent
Brokerage Charges
Working Capital Requirements
General Corporate Expenses
NeoPolitan Pizza and Foods IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| NeoPolitan Pizza and Foods Limited | 1.9 | 1.9 | N/A | 10.51 | 13.15 | N/A | Consolidated |
| Restaurant Brands Asia Limited | -4.4 | -4.4 | N/A | N/A | -37.65 | N/A | Consolidated |
| Barbeque-Nation Hospitality Limited | -3.44 | -3.44 | N/A | N/A | -2.84 | N/A | Consolidated |
Notes:
- Book Value is computed as the closing net worth divided by the outstanding number of equity shares as on March 31, 2024.
- The face value of Equity Shares of the company is Rs. 10 per Equity Share and the Issue Price of Rs. 20/- per Equity Share is 2.0 times the face value.
- The Issue Price of Rs. 20/- is determined by the Company in consultation with the Lead Manager and is justified based on the above accounting ratios.
Contact Details
NeoPolitan Pizza and Foods
434 & 435, SWC Hub, Opp. Rajpath Complex, Vasna Bhayli Road, Vadodara – 391410
+91 95740 00428
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
NeoPolitan Pizza and Foods IPO - FAQs
Ans. NeoPolitan Pizza and Foods Limited IPO is a SME IPO. The issue is priced at ₹20 per equity share. The minimum order quantity is 6000 Shares. The IPO opens on Sep 30, 2024, and closes on Oct 4, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The NeoPolitan Pizza and Foods Limited IPO opens on Sep 30, 2024 and closes on Oct 4, 2024.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of NeoPolitan Pizza and Foods Limited IPO is 6,000,000 shares(aggregating up to ₹12.00 Cr).
Ans. The NeoPolitan Pizza and Foods Limited IPO price band is set between ₹20 per equity share.
Ans. To apply for NeoPolitan Pizza and Foods Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find NeoPolitan Pizza and 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 NeoPolitan Pizza and Foods Limited IPO is Oct 7, 2024.
Ans. The NeoPolitan Pizza and Foods Limited IPO will be listed on Oct 9, 2024.
Ans. Follow the steps to check the NeoPolitan Pizza and Foods Limited IPO allotment status online.
