Leo Dry Fruits SME: Check IPO Date, Live Subscription and Key Details
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.
Price Range
₹51.00 - ₹52.00
Issue Size
₹25.12 Cr
Lot Size
2,000 shares
IPO Type
BSE SME
GMP
₹16(+30.77%)
Est. Listing Price
₹68
Estimate Profit
₹64,000
Retail Portion
-
Key Metrics
Check Live GMPGMPFace Value
₹10
EPS
3.71
P/E Ratio
14.02
RoNW
19.58%
ROE
34.12%
Debt to Equity
0.27
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Timeline
IPO Opens
1 Jan
IPO Closes
3 Jan
Allotment
6 Jan
Listing
8 Jan
IPO Timeline & Listing Details
| Event | Date | Details |
|---|---|---|
| IPO Open Date | 1 January 2025 | Subscription starts |
| IPO Close Date | 3 January 2025 | Subscription ends |
| Allotment Date | 6 January 2025 | Allotment |
| Listing Date | 8 January 2025 | Listing |
Investment Categories
| Category | Lots | Amount |
|---|---|---|
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 Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets (₹ Cr.) | 69.89 | 52.35 | 26.64 | 11.99 |
| Revenue (₹ Cr.) | 17.88 | 62.27 | 36.47 | 5.27 |
| PAT (₹ Cr.) | 1.87 | 6.64 | 3.63 | 0.08 |
| Net Worth (₹ Cr.) | 35.77 | 33.9 | 4.99 | 1.36 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|---|---|---|---|
| Leo Dry Fruits.. | 2 | 10.23 | 19.58% | 35.77 |
| Jetmall Spices | 0.63 | 156.43 | 0.44% | 9.76 |
| Hoac Foods India.. | 10.42 | 32.22 | 30.53% | 3.35 |
Subscription Details
Daily Bids Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 0x | 1x | 68.06x |
| NII | 1.47x | 17.35x | 394.59x |
| RII | 5.36x | 20.12x | 154.5x |
| Total | 3.02x | 14.15x | 181.77x |
Overall Subscription Statistics
| Category | Shares Offered | Shares Bid | Bid Amount (₹ Cr) |
|---|---|---|---|
| QIB | 9,16,000 | 6,23,44,000 | 324.19 |
| NII | 7,00,000 | 27,62,14,000 | 1,436.31 |
| RII | 16,44,000 | 25,40,04,000 | 1,320.82 |
| Total | 32,60,000 | 59,25,62,000 | 3,081.32 |
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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
- Bigshare Services Pvt Ltd
- +91-22-6263 8200
- ipo@bigshareonline.com
- https://ipo.bigshareonline.com/ipo_status.html
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