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%.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Leo Dryfruits IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 1 | 68.06 |
| NII | 1.47 | 17.35 | 394.59 |
| RII | 5.36 | 20.12 | 154.5 |
| Total | 3.02 | 14.15 | 181.77 |
Leo Dryfruits IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Leo Dryfruits IPO Review and Rating
- Avoid
Leo Dryfruits IPO Form
How to apply for the Leo Dryfruits IPO? You can apply for Leo Dryfruits IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Leo Dryfruits IPO in the Invest section. The other option is you can apply for Leo Dryfruits IPO via IPO forms downloaded online. Check out the Leo Dryfruits forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
