IPO Issue Details
Issue Price / Price Band₹20 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size6,000 Shares per Lot
Total Issue Size60,00,000 shares (aggregating up to ₹12.00 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 30 Sep 2024
Subscription CloseFri, 04 Oct 2024
Anchor AllotmentSun, 29 Sep 2024
Basis of AllotmentMon, 07 Oct 2024
Initiation of RefundsTue, 08 Oct 2024
Credit of Shares to DematTue, 08 Oct 2024
Listing DateWed, 09 Oct 2024
UPI Mandate Deadline2024-10-04
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 6,000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 12,000 shares
EPS (Pre-IPO)₹1.92
EPS (Post-IPO)₹1.24
P/E Ratio (Pre-IPO)10.44x
P/E Ratio (Post-IPO)16.14x
Net Offer to Public57,00,000 shares (aggregating up to ₹11.40 Cr)
Reserved for Market Maker3,00,000 shares (aggregating up to ₹0.6000 Cr)
Pre-IPO Promoter Holding1,10,00,000 shares
Post-IPO Promoter Holding1,70,00,000 shares
About NeoPolitan Pizza & Foods Ltd
Incorporated in February 2011, Neopolitan Pizza And Foods Limited has two segments: restaurant operations and agricultural commodity trading. The company owns and operates restaurants and also operates through a franchise model. It specializes in Neapolitan-style pizza made with fresh ingredients and offers a variety of toppings, including gluten-free and vegetarian options.Neapolitan Pizza is ISO 22000:2018 certified and offers a variety of soups, salads, bread, pasta, hand-tossed pizza, and desserts. The concept is family-oriented and kid-friendly.Neapolitan Pizza and Foods Limited also trade agricultural commodities such as wheat, rice, tomatoes, and onions. The aim is to source high-quality products from trusted suppliers and offer them to customers at competitive prices.The company expanded its global presence by investing $87,500 in its wholly-owned subsidiary, Neoindian Pizza Inc., located in the USA.As of March 31, 2024, the company operated 21 restaurants in over 16 cities, spanning 2 states and union territories in India.Competetitve StrengthNeapolitan Pizza And Foods Limited is known for its authentic Neapolitan-style pizza made using traditional techniques and ingredients.Diverse menu to cater to different tastes and dietary preferences.Strong brand identity through consistent branding across all its outlets and marketing channels.The company uses technology in many parts of its operations, like online ordering, tracking deliveries, and getting feedback from customers.Neopolitan Pizza And Foods Limited emphasizes customer service through well-trained staff, prompt service, and personalized attention, creating a positive customer experience and fostering loyalty.
Objects of the Issue
NeoPolitan Pizza & Foods Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Expansion of the Retail Network by launching 16 new Quick Service Restaurants
2
Security Deposit and Advance Rent
4
Working Capital Requirements
5
General Corporate Expenses
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,10,00,000 shares
Post-IPO Promoter Holding
1,70,00,000 shares