Leo Dry Fruits and Spices BSE SME

Leo Dry Fruits SME IPO

Listed

BSE SMEOpens 1 January 2025Closes 3 January 2025

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…

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Price band
₹51.00 - ₹52.00
Issue size
₹25.12 Cr
Lot size
2,000 shares
Type
BSE SME
GMP
₹16 (+30.8%)
Est. listing
₹68
Est. profit / app
₹64,000
Retail quota
—

Key ratios

As per RHP / filings
Face value
₹10
EPS
3.71
P/E ratio
14.02
RoNW
19.58%
ROE
34.12%
Debt / Equity
0.27
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Timeline

  1. IPO Opens

    1 Jan 2025

  2. IPO Closes

    3 Jan 2025

  3. Allotment

    6 Jan 2025

  4. Listing

    8 Jan 2025

IPO Timeline & Listing Details

EventDate
IPO Open Date1 January 2025
IPO Close Date3 January 2025
Allotment Date6 January 2025
Listing Date8 January 2025

Investment Categories

CategoryLotsAmount
Individual
2₹2,08,000
SHNI (Min)
3₹3,12,000
SHNI (Max)
9₹9,36,000
BHNIAbove ₹10,00,000
10₹10,40,000

IPO Objectives

  • Funding working capital requirements of the company.
  • Branding, Advertisement and Marketing activities.
  • General Corporate Purposes.

Strengths

  • Promoters have decades of experience in the industry.
  • In-house manufacturing in Thane ensures quality control and scalability.
  • The company offers a wide range of products, from dry fruits to blended spices.
  • A strong online presence on platforms like Amazon and Flipkart enhances reach.
  • VANDU and FRYD brands are gaining recognition in the market.

Weaknesses

  • Volatility in raw material prices for dry fruits and spices may impact margins.
  • Intense competition exists in the food and grocery sector.
  • There is reliance on e-commerce platforms for a significant portion of sales.
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Financial Performance

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets (₹ Cr.)69.8952.3526.6411.99
Revenue (₹ Cr.)17.8862.2736.475.27
PAT (₹ Cr.)1.876.643.630.08
Net Worth (₹ Cr.)35.7733.94.991.36

Peer Comparison

CompanyP/B RatioP/E RatioRONW (%)Net Worth (₹ Cr.)
Leo Dry Fruits..210.2319.58%35.77
Jetmall Spices0.63156.430.44%9.76
Hoac Foods India..10.4232.2230.53%3.35

Subscription Details

Daily Bids Status

CategoryDay 1Day 2Day 3
QIB0x1x68.06x
NII1.47x17.35x394.59x
RII5.36x20.12x154.5x
Total3.02x14.15x181.77x

Overall Subscription Statistics

CategoryShares OfferedShares BidBid Amount (₹ Cr)
QIB9,16,0006,23,44,000324.19
NII7,00,00027,62,14,0001,436.31
RII16,44,00025,40,04,0001,320.82
Total32,60,00059,25,62,0003,081.32
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Company Details

  • Leo Dry Fruits and Spices Trading Ltd
  • A 812, MIDC Khairane Thane Belapur Rd, TTC Industrial Area, Koperkhairane, Thane, 400705
  • +91 9321126141
  • info@leodryfruitsandspices.com
  • https://leodryfruitsandspices.com/

Registrar Details

Frequently Asked Questions

See live numbers on GMP, Subscription, and Allotment pages.

Leo Dry Fruits SME IPO News & Updates

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Leo Dry Fruits SME IPO IPO Pages

Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.

Sources

We match Leo Dry Fruits SME IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • Bigshare Services Pvt LtdOfficial site to check allotment status for this IPO

Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.

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