NeoPolitan Pizza and Foods Limited IPO, GMP, Details, Price, And Review IPO Details
| Detail | Description |
|---|---|
| IPO Date | September 30, 2024 to October 4, 2024 |
| Listing Date | [.] |
| Face Value | ₹ 10 per share |
| Price | ₹ 20 per share |
| Lot Size | 6,000 Shares |
| Total Issue Size | 60,00,000 shares (aggregating up to ₹ 12.00 Cr) |
| Fresh Issue | 60,00,000 shares (aggregating up to ₹ 12.00 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Shareholding pre issue | 1,10,00,000 |
| Shareholding post issue | 1,70,00,000 |
| Market Maker portion | 3,00,000 shares |
About NeoPolitan Pizza and Foods Limited IPO, GMP, Details, Price, And Review
Formerly known as JRM Fertilizer Private Limited, Neopolitan Pizza Limited was incorporated as a Private Limited Company on February 5th 2011. Since the name change on June 19, 2012, the company commenced the business to bring the most beloved food, Pizza, to the world. Combining India’s rich heritage and giving Pizza a unique twist, Neopolitan Pizza, Mukund Purohit's founded company, completely revolutionized the Indian food scenario, contributing to the local taste.
Listed on the National Stock Exchange of India’s Emerge ITP Platform, on November 3, 2014, the company operates in 2 segments,
• Agricultural Commodity Trading- tomatoes, rice and wheat
• Restaurants
The company's diversification strategy allowed it to leverage its food industry expertise while expanding its revenue streams.
Currently, with the ISO 22000:2018 certification and a better focus on quality ingredients, the company ensures, via varied outlets, a consistent dining experience. In the future, the company plans to expand across India and worldwide. It has already begun its international journey by making investments in the USA-based subsidiary, Neoindian Pizza Inc.
NeoPolitan Pizza and Foods IPO Overview:
• IPO Size: ₹12.00 crores
• Issue Type: Fresh issue of shares
• Total Shares Offered: 60 lakh shares
• Price per Share: ₹20
• Minimum Lot Size: 6,000 shares
• Subscription Period:
· Opens: September 30, 2024
· Closes: October 4, 2024
Key Participants:
• Book Running Lead Manager: Turnaround Corporate Advisors Private Limited
• Registrar: Bigshare Services Pvt Ltd
• Market Maker: Mnm Stock Broking
NeoPolitan Pizza and Foods Limited IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 50% of the Net Issue |
| Other Shares Offered | 50% of the Net Issue |
Objectives of NeoPolitan Pizza and Foods IPO
-
The raised funds from the issue are expected to be used towards the following objectives:
- • Retail Network expansion with the launch of 16 New Quick Service Restaurants.
- • Brokerage charges
- • General Corporate Expenses
- • Working Capital Requirements
- • Security Deposit and the Advance Rent
NeoPolitan Pizza and Foods Limited IPO, GMP, Details, Price, And Review Financial Information
Latest Revenue
4,401.07
₹ Crore
Profit After Tax
210.72
₹ Crore
Net Worth
1,590.86
₹ Crore
Total Borrowing
59.19
₹ Crore
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Total Borrowing | ||||
|---|---|---|---|---|---|---|---|---|---|
| 31 Mar 2024 | 2,040.5 | 4,401.07 | 210.72 | 1,590.86 | 59.19 | ||||
| 31 Mar 2023 | 1,811.58 | 2,004.61 | 116.8 | 1,381.61 | 68.82 | ||||
| 31 Mar 2022 | 1,300.94 | 1,630.82 | 18.44 | 807.39 | 259.45 | ||||
| Amount in ₹ Crore | |||||||||
NeoPolitan Pizza and Foods Limited IPO, GMP, Details, Price, And Review Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 13.23% |
| ROCE | 17.17% |
| Debt/Equity | 0.04 |
| RoNW | 13.15% |
| PAT Margin (%) | 4.75 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 1.92 | 1.24 |
| P/E (x) | 10.44 | 10.44 |
Frequently Asked Questions
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Competitive Strengths
Offered authentic Neapolitan-style pizza made with the use of traditional ingredients and techniques.
Catering to varied tastes and dietary preferences with a diverse menu.
Consistent branding that offers a stronger brand identity across all its outlets and marketing channels.
Use of tech in varied operating parts, including online orders, tracking deliveries, and getting customer feedback.
Emphasis upon customer service via prompt services, well-trained staff and personalized attention. It helps to create a positive experience for customers, thereby fostering loyalty.
Download regulatory filings
NeoPolitan Pizza and Foods Limited IPO, GMP, Details, Price, And Review IPO Timeline
| IPO Open Date | Monday, September 30, 2024 |
| IPO Close Date | Friday, October 4, 2024 |
| Basis of Allotment | Monday, October 7, 2024 |
| Initiation of Refunds | Tuesday, October 8, 2024 |
| Credit of Shares to Demat | Tuesday, October 8, 2024 |
| Listing Date | Wednesday, October 9, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on October 4, 2024 |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6000 | ₹120,000 |
| Retail (Max) | 1 | 6000 | ₹120,000 |
| HNI (Min) | 2 | 12,000 | ₹240,000 |