Founded in 1997, Chatha Foods Limited (CFL) is a frozen food processor, serving top QSRs (Quick Serving Restaurants), CDRs (Casual Dining Restaurants), and other players in the HoReCa (Hotel-Restaurant-Catering) segment. They seek to differentiate themselves from their competitors through the introduction of new products, including launching innovative flavors targeted at addressing diversified consumer tastes, and market trends and providing products that are value for money to the consumers.
In addition, their brands, which sell under “Chatha Foods” are distributed through their network of 29 distributors covering 32 cities across India and catering to the needs of 126 mid-segment & standalone small QSR brands.
All their products are produced at their Manufacturing Facility, located in District Mohali, with a production capacity of approximately 7,839 MT for all their frozen food products, over 2 shifts on an annual basis. This enables them to have effective control over the manufacturing process and to ensure the consistent quality of their products. Their commitment to quality is demonstrated through their attainment of various certifications and accreditations, including those from the U.S. Food and Drugs Administration, British Retail Consortium (BRC – Issue 9), Halal Certification, and Export Inspection Council.
Objects of the Issue:
- Setting up the Proposed Manufacturing Unit
- General Corporate Purposes
Chatha Foods IPO Review
- May Apply
Chatha Foods IPO Date & Price Band Details
| IPO Open: | March 19, 2024 |
| IPO Close: | March 21, 2024 |
| IPO Size: | Approx ₹34 Crores, 5,962,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹53 to ₹56 Per Equity Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Chatha Foods IPO Market Lot
The Chatha Foods IPO minimum market lot is 2000 shares with a ₹112,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 2000 | ₹112,000 |
| Retail Maximum | 1 | 2000 | ₹112,000 |
| S-HNI Minimum | 2 | 4000 | ₹224,000 |
Chatha Foods IPO Dates
The Chatha Foods IPO date is March 19 and the IPO close date is March 21. The IPO allotment date is March 26 and the IPO might list on March 27.
| IPO Open Date: | March 19, 2024 |
| IPO Close Date: | March 21, 2024 |
| Basis of Allotment: | March 26, 2024 |
| Refunds: | March 27, 2024 |
| Credit to Demat Account: | March 27, 2024 |
| IPO Listing Date: | March 27, 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Chatha Foods IPO Form
How to apply Chatha Foods IPO? You can apply Chatha Foods IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Chatha Foods IPO in the Invest section. The other option you can apply Chatha Foods IPO via IPO forms download via the BSE website. Check out the Chatha Foods forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.
Chatha Foods Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹61.19 | ₹66.72 | ₹4.00 |
| 2022 | ₹87.40 | ₹86.36 | ₹0.67 |
| 2023 | ₹117.24 | ₹113.87 | ₹2.45 |
| Sept 2023 | ₹70.78 | ₹66.02 | ₹3.41 |
Chatha Foods IPO Valuation – FY2023
Check Chatha Foods IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹1.48 per Equity Share |
| Price/Earning P/E Ratio: | 35.81 |
| Return on Net Worth (RoNW): | 11.95% |
| Net Asset Value (NAV): | ₹15.22 per Equity Share |
Peer Group
- Tasty Bite Eatables Limited
Company Promoters
- Paramjit Singh Chatha
- Gurpreet Chatha
- Gurcharan Singh Gosal
- Anmoldeep Singh
Chatha Foods IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/ipo.php
Chatha Foods IPO Allotment Status
Check Chatha Foods IPO allotment status on Skyline Financial website URL. Click Here
Chatha Foods IPO Lead Managers aka Merchant Bankers
- Indorient Financial Services Ltd
Company Address
Chatha Foods Limited
272, Mota Singh Nagar,
Jalandhar – 144 001
Punjab, India
Phone: + 91 18146 16381
Email: [email protected]
Website: http://www.cfpl.net.in/
