Leo Dryfruits subscribed overall 181.77 times on the last day, a retail quota was subscribed over 154.5 times, and NII was subscribed over 394.59 times respectively.
Details About Leo Dryfruits IPO
Leo Dryfruits got approval from SEBI for an IPO of ₹25.12 crores, an entirely fresh issue with a face value of Rs 10 each. Further, it had a set price band between ₹51 to ₹52 per share.
In this IPO 2,000 shares were in 1 lot size for retail minimum and maximum category.
Moreover, 4000 shares were in 2 lot sizes for the S-HNI category.
To invest in this IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹1,04,000.
- SHNI (S-HNI): Minimum investment of ₹2,08,000.
Leo Dryfruits IPO’s Subscription Duration
This IPO’s subscription started on January 1, 2025, and closed on January 3, 2025.
The Leo Dryfruits IPO’s allotment date was January 06, 2025, and they received a refund on January 07, 2025. The listing of this IPO is on January 08, 2025.
Funds Deployment of This IPO
- The proceeds of the IPO will be utilized for the working capital requirements of the company and branding, advertisement, and marketing activities.
- General corporate purposes
About Leo Dryfruits Company
Leo Dryfruits and Spices Trading Limited is one the best in terms of manufacturing and trading various spices like dry fruits, and many other products named grocery products. ‘VANDU” is bnardn consists lot of spices and dry fruits being manufactured by Leo dryfruits. 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.LEO Dry Fruits and Spices Trading primarily conducts its business in three segments: B2B, B2C, and D2C. As of June 30, 2024, the company employs 45 permanent staff members. In the financial year ending March 31, 2024, LEO Dry Fruits and Spices Trading Ltd experienced a 71% growth in revenue and an 83% increase in profit after tax (PAT).
