Leo Dryfruits IPO Details
| IPO Open Date: | January 1, 2025 |
| IPO Close Date: | January 3, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹51 to ₹52 Per Share |
| Issue Size: | Approx ₹25.12 Crores |
| Fresh Issue: | Approx ₹25.12 Crores |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Leo Dryfruits IPO Market Lot
The Leo Dryfruits IPO minimum market lot is 2000 shares with ₹1,04.000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 2,000 | ₹1,04.000 |
| Retail Maximum | 1 | 2,000 | ₹1,04.000 |
| S-HNI Minimum | 2 | 4,000 | ₹2,08,000 |
Leo Dryfruits IPO Dates
The Leo Dryfruits IPO date is January 1 and the close date is January 3. The Leo Dryfruits IPO allotment will be finalized on January 6 and the IPO listing on January 8.
| IPO Open Date: | January 1, 2025 |
| IPO Close Date: | January 3, 2025 |
| Basis of Allotment: | January 6, 2025 |
| Refunds: | January 7, 2025 |
| Credit to Demat Account: | January 7, 2025 |
| IPO Listing Date: | January 8, 2025 |
Promoters of Leo Dryfruits IPO
The promoters of the company are Mr. Kaushik Sobhagchand Shah, Mr Ketan Sobhagchand Shah and Mr Parth Ashish Mehta.
About Leo Dryfruits IPO
Established in November 2019, Leo Dryfruits and Spices Trading Limited is one of the leading manufacturers and traders of various spices, dry fruits, and many other grocery products. Over the years the company has manufactured spices, and dry fruits under the brand name “VANDU” while manufacturing frozen/semi-fried products under the brand name “FRYD”. The company currently supplies a wide range of products such as whole spices and blended spices plain, roasted, and flavored dry fruits, ghee, various seasonings, chiz bites, poppy seeds, and sesame seeds. The company also engaged in producing a variety of seasonings such as chili flakes, garlic powder, asafoetida (hing), black salt, pulses, dry ginger, fennel seeds, fenugreek seeds, nigella seeds, mace, nutmeg, as well as selling ghee under the brand name Vandu. LEO dry fruits and spices trading mainly operates their business in 3 segments B2B, B2C, and D2C. As of June 30, 2024, the company has a staff of 45 permanent employees. In the financial year ending March 31, 2024, Leo Dry Fruits and Spices Trading Ltd’s revenue increased by 71% and profit after tax (PAT) increased by 83%.
Leo Dryfruits IPO Company Financial Report
The company reported revenue of ₹62.17 crores in 2024 against ₹36.44 crore in 2023. The company reported profit of ₹6.64 crores in 2024 against Profit of ₹3.63 crores in 2023.
Amount ₹ in Crores
| 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 – FY2024
Check Leo Dryfruits IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| 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
| 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. |
Objects of the Issue
- Funding working capital requirements of the company;
- Branding, Advertisement and Marketing activities;
- General corporate purposes
Leo Dryfruits IPO Review
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Leo Dryfruits IPO Registrar
Bigshare Services Pvt. Limited
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/IPO_Status.html
IPO Lead Managers aka Merchant Bankers
- Share India Capital Services Private Limited
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: [email protected]
Website: https://leodryfruitsandspices.com/
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