Leo Dryfruits And Spices Trading Limited IPO is opening on 1 January 2025 and closing on 3 January 2025. This is an SME IPO raising ₹25.12 crore from a fresh issue of 48.30 lakh equity shares.
The Leo Dryfruits And Spices IPO allotment date will be finalized on Monday, 6 January 2025. Leo Dryfruits And Spices shares will be probably listed on BSE SME on Wednesday, 8 January 2025.
Leo Dryfruits And Spices IPO’s price band has been set at ₹51 to ₹ 52 per share with a minimum ipo lot size of 2000 shares per application, which makes the minimum investment of retail investors ₹104000. The HNIs have to buy at least two lots which is 4000 shares amounting to ₹ 208000.
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Leo Dryfruits And Spices Trading BSE SME IPO Details
| Detail | Information |
| IPO Opening Date | January 1, 2025 |
| IPO Closing Date | January 3, 2025 |
| Tentative IPO Listing Date | January 8, 2025 |
| Face Value | ₹10 per share |
| Price Range | ₹51 to ₹ 52 per share |
| Lot Size | 2000 shares |
| Total Issue Size | 4830000 shares (₹25.12 Cr) |
| Fresh Issue | 4830000 shares (₹25.12 Cr) |
| IPO Segment | Book Built Issue |
| Listing At | BSE SME |
| Share Holding Pre-Issue | 13061440 shares |
| Share Holding Post-Issue | 17891440 shares |
Leo Dryfruits And Spices Trading Limited | Company Overview
Leo Dryfruits And Spices Trading Limited was started in 2019 and is engaged in manufacturing as well as trading different types of spices, and dry fruits. The dry fruits that the company produces are under the brand name VANDU, while the semi-fried products or any frozen items are marketed under the brand name FRYD.
The manufacturing unit is located in Thane, Maharashtra.
Business segments
- B2B: Under this segment, Leo Dryfruits supplies the whole spices and dry fruits to the whole sellers in bulk without any brand name
- B2C: Under this segment, the firm sells its products with the brand name to different distributors, stockists, and e-commerce platforms such as Amazon, Flipkart, and others.
- D2C: Under to customer segment, the firm sells to customers directly via online platforms and websites, channel partners like Amazon, Flipkart, etc.
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Leo Dryfruits And Spices Trading Limited IPO | Key Details
- Leo Dryfruits And Spices Trading IPO Opening Date: January 1, 2025,
- Leo Dryfruits And Spices Trading IPO Closing Date: January 3, 2025.
- Allotment Date: January 6, 2025
- Price Band: ₹51 to ₹52 per share
- Lot Size: 2000 shares
- Refunds Initiated: January 7, 2025
- Shares Credited to Demat: January 7, 2025
- Listing Date: January 8, 2025
Leo Dryfruits And Spices Trading Ltd: Financial Overview
Leo Dryfruits And Spices Trading Limited witnessed a sharp rise in its profits and revenue in FY24. The PAT went up by almost 83% from a 70.74% rise in the revenue. During the same period, the company successfully reduced its total borrowing by 40.50%.
Here are the details of the financials of the firm
Amounts in ₹ Lakhs
| Financial Information | FY24 | FY23 | Absolute Change | Change (%) |
| Assets | 5,234.95 | 2,664.01 | 2,570.94 | 96.51 |
| Revenue | 6,226.51 | 3,646.83 | 2,579.68 | 70.74 |
| Profit After Tax | 663.69 | 363.46 | 300.23 | 82.60 |
| Net Worth | 3,390.26 | 499.91 | 2,890.35 | 578.17 |
| Reserve & Surplus | 2,084.12 | 370.41 | 1,713.71 | 462.65 |
| Total Borrowing | 914.64 | 1,537.13 | -622.49 | -40.50 |
FAQs | Leo Dryfruits And Spices Trading Ltd IPO
Leo Dryfruits And Spices Trading Ltd is engaged in the manufacturing and trading of dry fruits and different spices.
The tentative IPO listing date of Leo Dryfruits And Spices Trading has been fixed as Wednesday, January 8, 2025.
The bidding date for the Leo Dryfruits And Spices Trading IPO is January 1, 2025, and it will continue until January 3, 2025.
The minimum IPO lot size for Leo Dryfruits And Spices Trading is 2000 shares. The HNIs need to subscribe to at least two lots.
The IPO allotment is expected to be finalized on Monday, January 6, 2025.
The IPO face value is set at ₹10 per share.
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