| IPO Listing At | BSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹25.12 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹25.12 Cr |
| Fresh Issue | ₹23.84 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน51.00-52.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 544329 |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Shreni Shares 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 November 2019, Leo Dryfruits & Spices Trading Limited specializes in manufacturing and trading a variety of spices and dry fruits under the brand VANDU as well as frozen and semi-fried products under “FRYD. The company supplies whole and blended spices, roasted and flavoured dry fruits, ghee, seasonings, and other grocery items in various packaging sizes.
The company's business is divided into two verticals:-
The company's manufacturing unit is situated in Thane, Maharastra.
The company operates in three segments: B2B, B2C, and D2C.
As of September 30, 2024, the Company had approximately 46 permanent employees at various levels.
Competitive Strength:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Funding working capital requirements of the Company | 15.00 |
| 2 | Branding, Advertisement and Marketing activities | 4.25 |
| 3 | General Corporate Purposes | 2.70 |
| 4 | Issue Expenses | 3.16 |
| Total | 25.12 |
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 69.89 | 52.35 | 26.64 | 11.99 |
| Total Income | 17.88 | 62.27 | 36.47 | 5.27 |
| Profit After Tax | 1.87 | 6.64 | 3.63 | 0.08 |
| NET Worth | 35.77 | 33.90 | 5.00 | 1.36 |
| Reserves and Surplus | 22.71 | 20.84 | 3.70 | 0.07 |
| Total Borrowing | 16.70 | 9.15 | 15.37 | 6.01 |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 34.12% |
| ROCE | 33.52% |
| Debt / Equity | 0.27% |
| RoNW | 19.58% |
| PAT Margin | 10.68% |
| Price to Book Value | 1.95 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 5.08 | 3.71 |
| P/E (x) | 10.23 | 14.02 |
| Promoter Holding | 52.21% | 38.11% |
| Market Cap | โน93.04 Cr. | |