Leo Dry Fruits and Spices Trading IPO Allotment Status: Check Allotment Status Online on BSE and Bigshare services.
Leo Dryfruits & Spices Trading Limited operates under the brands "VANDU" and "FRYD," offering a diverse range of products, including spices, dry fruits, ghee, seasonings, and frozen or semi-fried items. Catering to various customer needs, the company provides whole and blended spices, roasted and flavored dry fruits, and other grocery essentials in multiple packaging options. The company's IPO was open for bidding from January 1, 2025, to January 3, 2025. The allotment of shares will likely be finalized today, January 6, 2025.
How to Check Leo Dry Fruits and Spices IPO Allotment Status Online?
Steps to Check Allotment Status of Leo Dry Fruits and Spices IPO on BSE
- Visit the IPO allotment page on the BSE website here
- Select the issue type as 'Equity.'
- Select ‘Leo Dry fruits and Spices Trading Ltd.’ from the dropdown menu.
- Enter your application number or PAN (Permanent Account Number).
- Clear the 'Captcha' to verify that you are not a robot.
- Click on the 'Search' option to see your allotment status.
Steps to Check Allotment Status of Leo Dry Fruits and Spices IPO on Bigshare Services
- Visit the official website here.
- Select any of the three servers out of the three options to view the IPO allotment status.
- In the ‘Company Selection’ dropdown menu, select ‘Leo Dry fruits and Spices Trading Ltd.’
- From the ‘Selection Type’ dropdown menu, choose whether you want to identify yourself using your IPO application number, beneficiary ID (Demat account number) or PAN Number. Then share the details of the chosen option.
- Enter the captcha given and click on ‘Submit’. You will be able to see the allotment details.
Leo Dryfruits & Spices Trading IPO Details
Leo Dry Fruits and Spices is a book-built issue amounting to ₹25.12 crores. The entire offering consists of a fresh issue of 48.30 lakh shares. The IPO bidding period ran from January 1 to January 3, 2025, with the allotment process likely to be finalized on Monday, January 6, 2025. The shares are set to debut on the BSE SME platform, with the tentative listing date scheduled for Wednesday, January 8, 2025.Price band was kept at a range of ₹51 to ₹52 per share, with a minimum lot size of 2000 shares.
IPO Objectives
The company plans to allocate the net proceeds from the IPO towards several key objectives, including meeting its working capital requirements, enhancing its branding, advertising and marketing initiatives, and addressing general corporate needs.
Leo Dryfruits & Spices Trading IPO Day 3 Subscription Status
(January 3rd, 2025, End of Day)
As of January 3, 2025, (Day 3), the Leo Dry Fruits and Spices IPO witnessed an overwhelming response, with an overall subscription of 181.77 times. The Qualified Institutional Buyers (QIB) category was subscribed 68.06 times, while the Non-Institutional Investors (NII) segment saw an impressive subscription of 394.59 times. Retail investors also showed strong interest, with a subscription rate of 154.5 times, reflecting significant demand across all investor categories.
Disclaimer: Investing in SME IPOs involves a high degree of risk. Such investments may be suitable only for investors with a high-risk tolerance and the ability to bear potential losses. Perform thorough due diligence and consult a financial advisor before investing. Invest wisely and at your own discretion.