Leo Dryfruits IPO Details
| IPO Issue Open Date: | 1 January 2025 |
| IPO Issue Close Date: | 3 January 2025 |
| IPO Issue Price Band: | ₹51 to ₹52 Per Share |
| Face Value: | ₹10 Per Equity Share |
| IPO Issue Size: | ₹25.12 Crores | 48,30,000 shares |
| Fresh Issue: | ₹25.12 Crores | 48,30,000 shares |
| Offer for Sale: | ₹[.] Crores |
| Issue Type: | Book Built Issue |
| IPO Listing At: | NSE |
| IPO Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| Employee Discount: | ₹[.] per share |
Leo Dryfruits IPO Prospectus:
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Leo Dryfruits IPO Dates Timeline
| Issue Open Date: | 1 January 2025 |
| Issue Close Date: | 3 January 2025 |
| Basis of Allotment Date: | 6 January 2025 |
| Refunds Initiation: | 7 January 2025 |
| Shares Credit in Demat: | 7 January 2025 |
| IPO Listing Date Detail: | 8 January 2025 |
Leo Dryfruits IPO Market Lot
| Application | Lot Size, Shares and Price Details |
| Retail (Min) | 1 lots and 2,000 shares = ₹1,04,000 |
| Retail (Max) | 1 lots and 2,000 shares = ₹1,04,000 |
| HNI (Min) | 2 lots and 4,000 shares = ₹2,08,000 |
| B-HNI Minimum | – |
Leo Dryfruits IPO GMP*
| GMP Date | GMP Today | Subject to Sauda | Kostak | Expected Gain |
| Today | ₹- | ₹- | ₹- | ₹- |
| 25th Dec | ₹- | ₹- | ₹- | ₹- |
| 24th Dec | ₹- | ₹- | ₹- | ₹- |
About Leo Dryfruits
Leo Dryfruits and Spices Trading Limited, founded in November 2019, is a renowned manufacturer and trader of various spices, dry fruits, and other grocery products. Over the years, the company has manufactured spices and dry fruits under the brand name “VANDU”, as well as frozen/semi-fried items under the brand name “FRYD”. The company currently offers a diverse range of products, including whole and blended spices, plain, roasted, and flavored dry fruits, ghee, various seasonings, chiz bits, poppy seeds, and sesame seeds. The company also produced a range of seasonings such as chili flakes, garlic powder, asafoetida (hing), black salt, pulses, dried ginger, fennel seeds, fenugreek seeds, nigella seeds, mace, nutmeg, and sold ghee under the brand name Vandu. The three primary business segments of LEO Dry Fruits and Spices Trading are B2B, B2C, and D2C. The company has 45 regular staff members as of June 30, 2024. Leo Dry Fruits and Spices Trading Ltd. saw a 71% increase in revenue and an 83% increase in profit after tax (PAT) in the fiscal year that ended on March 31, 2024.
Leo Dryfruits IPO Strengths
To Be Updated Soon
Objects of the IPO Issue
- Funding working capital requirements of the company;
- Branding, Advertisement and Marketing activities;
- General corporate purposes
Leo Dryfruits Company Financial Report
The company reported revenue of ₹62.17 crores in 2024 against ₹36.44 crores in 2023. The company reported a profit of ₹6.64 crores in 2024 against a loss of ₹3.63 crores in 2023.
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹5.27 | ₹5.16 | ₹0.08 | ₹11.99 |
| 2023 | ₹36.44 | ₹31.12 | ₹3.63 | ₹26.64 |
| 2024 | ₹62.17 | ₹52.68 | ₹6.64 | ₹52.35 |
Leo Dryfruits IPO Valuation – Key Performance Indicator
KPI as of March 31, 2024.
| KPI | Values |
| ROE: | 34.12% |
| ROCE: | 33.52% |
| EBITDA Margin: | 17.91% |
| PAT Margin: | 10.68% |
| Debt to equity ratio: | 0.27 |
| Earning Per Share (EPS): | ₹5.21 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 19.58% |
| Net Asset Value (NAV): | ₹26.63 |
Peer Group Comparison
The below peer comparison table’s data are showing as per the DRHP and RHP.
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Jetmall Spices and Masala Limited | 0.07 | 146.86 | 0.44% | 16.22 | – Cr. |
| HOAC Foods India Limited | 3.88 | 38.71 | 30.53% | 12.69 | – Cr. |
| Madhusudan Masala Ltd | 8.27 | 21.86 | 19.97% | 35.70 | – Cr. |
Leo Dryfruits IPO Registrar
Bigshare Services Pvt. Limited
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website:https://ipo.bigshareonline.com/IPO_Status.html
Leo Dryfruits IPO Lead Manager
- Share India Capital Services Private Limited
Leo Dryfruits IPO allotment status check on Bigshare Services website. Click on Bigshare Services to get allotment status.
Promoters of Leo Dryfruits
- Mr. Kaushik Sobhagchand Shah
- Mr. Ketan Sobhagchand Shah
- Mr. Parth Ashish Mehta
Company Address
Leo Dry Fruits and Spices Trading Ltd
A 812, MIDC Khairane
Thane Belapur Rd, TTC Industrial Area,
Koperkhairane, Thane, 400705
Phone: + 91 9321126141
Email: info@leodryfruitsandspices.com
Website: https://leodryfruitsandspices.com/