Leo Dryfruits IPO description – Leo Dryfruits is actively involved in the manufacturing, trading, and marketing of a diverse range of spices, dry fruits, and grocery products under the brand name VANDU, as well as frozen and semi-fried items marketed under the brand FRYD. The company also offers a variety of seasonings, cheese bites, poppy seeds, sesame seeds, and other grocery items.
To expand its product line, Leo Dryfruits has introduced Ghee under the Vandu brand. In the spices category, their portfolio includes an array of products such as seasonings, chilli flakes, garlic powder, asafoetida (hing), black salt, pulses, dry ginger, fennel seeds, fenugreek seeds, nigella seeds, mace, and nutmeg. Additionally, the company serves as an anchor distributor for Campa Cola soft drinks. Leo Dryfruits operates in two primary sectors: trading and manufacturing/processing.
The company has established partnerships with various Police Canteens, the Canteen Store Department (CSD), and the Indian Naval Canteen to supply its products. Furthermore, Leo Dryfruits sells its offerings to Kendra Police Kalyan Bhandar (KPKB). The manufacturing unit is located in Thane, Maharashtra. As of 30 June 2024, the company employs 45 permanent staff members.
Promoters of Leo Dryfruits – Mr. Kaushik Sobhagchand Shah, Mr. Ketan Sobhagchand Shah, and Mr. Parth Ashish Mehta
Table of Contents
Leo Dryfruits IPO Details
| Leo Dryfruits & Spices IPO Dates | 1 – 3 January 2025 |
| Leo Dryfruits & Spices Issue Price | INR 51 – 52 per share |
| Fresh issue | 48,30,000 shares (INR 24.63 – 25.12 crore) |
| Offer For Sale | NIL |
| Total IPO size | 48,30,000 shares (INR 24.63 – 25.12 crore) |
| Minimum bid (lot size) | 2,000 shares (INR 1,04,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | BSE SME |
Leo Dryfruits Financial Performance
| Â | FY 2022 | FY 2023 | FY 2024 | H1 FY 2025 |
| Revenue | 5.27 | 36.44 | 62.17 | 17.88 |
| Expenses | 5.16 | 31.12 | 52.68 | 15.21 |
| Net income | 0.08 | 3.63 | 6.64 | 1.87 |
Leo Dryfruits Offer News
- Leo Dryfruits & Spices RHP
- Leo Dryfruits & Spices Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Leo Dryfruits & Spices Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 0.10 | 4.01 | 5.21 |
| PE ratio | – | – | 9.79 – 9.98 |
| RONW (%) | 5.79 | 72.71 | 19.58 |
| NAV | 1.75 | 5.51 | 26.63 |
| ROCE (%) | 2.98 | 41.57 | 33.52 |
| EBITDA (%) | 2.09 | 17.02 | 17.91 |
| Debt/Equity | 4.40 | 3.07 | 0.27 |
Leo Dryfruits IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
Leo Dryfruits IPO Subscription – Live Updates
The market maker reservation portion of shares is not included in the above calculations.
Leo Dryfruits IPO Allotment Status
Leo Dryfruits & Spices IPO allotment status will be available on Bigshare Services’ website. Click on this link to get allotment status.
Leo Dryfruits IPO Dates & Listing Performance
| IPO Opening Date | 1 January 2025 |
| IPO Closing Date | 3 January 2025 |
| Finalization of Basis of Allotment | 6 January 2025 |
| Initiation of refunds | 7 January 2025 |
| Transfer of shares to demat accounts | 7 January 2025 |
| IPO Listing Date | 8 January 2025 |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
Leo Dryfruits & Spices Offer Lead Manager
SHRENI SHARES LIMITED
No. 217, Hive 67 Icon, Poisar Gymkhana Road,
Lokmanya Tilak Nagar Poisar, Near Raghuleela Mall,
Kandivali West, Mumbai – 400067, Maharashtra
Phone: 022 – 2089 7022
Email:Â [email protected]
Website:Â www.shreni.in
Leo Dryfruits & Spices Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone:Â +91 22 6263 8200
Email:Â Â [email protected]
Website:Â www.bigshareonline.com
Leo Dryfruits & Spices Issue Contact Details
LEO DRYFRUITS & SPICES TRADING LIMITED
A 812, MIDC Khairane, Thane Belapur Rd,
TTC Industrial Area, Koperkhairane,
Thane, Maharashtra-400705, India
Phone:Â +91-9321126141
E-mail:Â [email protected]
Website:Â www.leodryfruitsandspices.com
IPO FAQs
What is Leo Dryfruits offer size?
Leo Dryfruits offer size is INR 24.63 – 25.12 crores.
What is Leo Dryfruits offer price band?
Leo Dryfruits public offer price is INR 51 – 52 per share.
What is the lot size of Leo Dryfruits IPO?
Leo Dryfruits offer lot size is 2,000 shares.
What is Leo Dryfruits IPO GMP today?
Leo Dryfruits IPO GMP today is INR NA per share.
What is Leo Dryfruits kostak rate today?
Leo Dryfruits kostak rate today is INR NA per application.
What is Leo Dryfruits & Spices IPO Subject to Sauda rate today?
Leo Dryfruits’ Subject to Sauda rate today is INR NA per application.
