LEO DRYFRUITS & SPICES TRADING LIMITED
LEO DRYFRUITS & SPICES TRADING LIMITED
Price Band
₹52
Total Issue
₹25.12 Cr
Bid Dates
01 Jan - 03 Jan
Subscription
x
Est. GMP
₹0 (0.00%)
Tentative Timetable
Business Overview
LEO DRYFRUITS & SPICES TRADING LIMITED is involved in the manufacturing, processing, trading, and marketing of a wide range of food products. Under the brand "VANDU," they offer whole and blended spices, dry fruits (plain, roasted, and flavored), ghee, seasonings, and snacks like chiz bites in various packaging sizes. Their "FRYD" brand covers frozen and semi-fried food products.
The company operates two divisions:
Trading Division: Deals in bulk and branded retail sales of spices and dry fruits.
Manufacturing Division: Handles the processing of blended spices, seasonings, and snack items at their facility in Thane, Maharashtra.
With a strong presence in both B2B and retail markets, the company continues to grow its footprint across the food industry.
Lot Info
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Individual (Min) | 1 | 2,000 | ₹1,04,000 |
| Individual (Max) | 1 | 2,000 | ₹1,04,000 |
| S-HNI (Min) | 2 | 4,000 | ₹2,08,000 |
| S-HNI (Max) | 9 | 18,000 | ₹9,36,000 |
| B-HNI (Min) | 10 | 20,000 | ₹10,40,000 |
Issue Size
Objects of Issue
1.Funding working capital requirements of our company
2.Branding, Advertisement and Marketing activities
3.General corporate purposes.
Grey Market Premium
| Date | GMP (₹) | Est. Price |
|---|
LEO DRYFRUITS & SPICES TRADING IPO Peer Comparison
(Rs. in crores)
| Particulars | Co. | Jetmall Spices and Masala | HOAC Foods India | Madhusudan Masala |
|---|---|---|---|---|
| Revenue from Ops (in Crs.) | 62.17 | 1.31 | 15.63 | 162.22 |
| PAT (In Crs.) | 6.64 | 0.04 | 1.02 | 9.20 |
| EPS - Basic | 5.21 | 0.07 | 3.88 | 8.27 |
| NAV per share | 26.63 | 16.22 | 12.69 | 35.70 |
| RONW | 19.58% | 0.44% | 30.53% | 19.97% |
| EBITDA | 17.91% | 8.38% | 11.63% | 10.68% |
| PAT Margin | 10.68% | 3.27% | 6.55% | 5.67% |
| Price to earning (PE) | 9.98 | 156.43 | 32.22 | 24.65 |
All the information pertains to FY 2023-24
The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of March 31, 2024 for Peers
Financial Performance
(Rs. in crores)
| Particulars | Sep-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue from Operations | 17.88 | 62.17 | 36.44 | 5.27 |
| Profit after Tax | 1.87 | 6.64 | 3.63 | 0.08 |
| Net Worth | 35.77 | 33.90 | 5.00 | 1.36 |
| Total Borrowing | 16.70 | 9.15 | 15.37 | 6.01 |
| Total Assets | 69.89 | 52.35 | 26.64 | 11.99 |
| NAV per share (in ₹) | 27.39 | 26.63 | 5.51 | 1.75 |
| EPS - Basic (in ₹) | 1.43 | 5.21 | 4.01 | 0.10 |
KPIs
EBITDA
19.78%
PAT
10.47
ROE
5.23%
ROCE
6.26%
Debt to Equity
0.47
PE Ratio
9.98
PB Ratio
1.95
Mkt Cap (in Crs.)
93.04
All Ratios are based on Mar 24
PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
Shareholding
Promoter
1.20%
Public
98.80%
Management
Subscription Status
Updated as on Last updated time: N/A
| Category | Sub (x) | Offered | Bids |
|---|---|---|---|
| Total | 0.00x | 32,60,000 | 0 |
Frequently Asked Questions
What is LEO DRYFRUITS & SPICES TRADING IPO?
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How to apply LEO DRYFRUITS & SPICES TRADING IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply LEO DRYFRUITS & SPICES TRADING IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply LEO DRYFRUITS & SPICES TRADING IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select LEO DRYFRUITS & SPICES TRADING IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date