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| IPO Listing At | BSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹33.39 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹33.39 Cr |
| Fresh Issue | ₹31.71 Cr |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹53.00-56.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 544151 |
| Registrar | Skyline Financial Services Pvt.Ltd. |
| Lead Managers | Indorient Financial Services Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 2,000 shares and in multiples thereof
Incorporated in 1997, Chatha Foods Limited (CFL) is a frozen food processor. The company offers frozen food products to top QSRs (Quick Serving Restaurants), CDRs (Casual Dining Restaurants), and other players in the HoReCa (Hotel-Restaurant-Catering) segment. Chatha Foods' product portfolio includes Chicken Appetizers, Meat Patties, Chicken Sausages, Sliced Meat, Toppings & Fillers and more. The company produces more than 70 meat products.
The company sells products under the brand Chatha Foods and distributes through the network of 29 distributors covering 32 cities across India and catering to the needs of 126 mid-segment & standalone small QSR brands.
Chatha Foods Limited has a Manufacturing Facility, located in District Mohali, with a production capacity of approximately 7,839 MT for all the frozen food products.
The company is serving top QSRs, CDRs and other players in the Hotel-Restaurant-Catering segment like Domino's & Subway's India franchise, Café Coffee Day, Wok Express, etc.
Negen Undiscovered Value Fund invested in the Company in 2023 and holds a 10% stake. The company has 284 employees in fiscal year 2023.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up the Proposed Manufacturing Unit | 24.11 |
| 2 | General Corporate Purposes | 4.47 |
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 58.28 | 51.42 | 48.30 | 43.30 |
| Total Income | 70.78 | 117.24 | 87.40 | 61.19 |
| Profit After Tax | 3.41 | 2.45 | 0.67 | -4.00 |
| NET Worth | 25.16 | 21.75 | 19.30 | 18.63 |
| Reserves and Surplus | 8.63 | 9.35 | 6.90 | 6.23 |
| Total Borrowing | 9.88 | 10.60 | 11.01 | 10.65 |
| Amount in ₹ Crore | ||||
| KPI | Sep 30, 2023 |
|---|---|
| ROE | 14.54% |
| ROCE | 14.81% |
| Debt / Equity | 0.39% |
| RoNW | 14.54% |
| PAT Margin | 4.82% |
| Price to Book Value | 3.68 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 1.48 | 3.03 |
| P/E (x) | 37.76 | 18.47 |
| Promoter Holding | 81.36% | |
| Market Cap | ₹125.98 Cr. | |
