Chatha Foods IPO
Chatha Foods Ltd
₹1,12,000 /2000 sharesMinimum Investment
Chatha Foods IPO Details
Bidding Dates | Min. Investment | Lot Size | Price Range |
---|
19 Mar ‘24 - 21 Mar ‘24 | ₹1,12,000 | 2,000 | ₹56 - ₹56 |
Chatha Foods Limited is a frozen food processor, serving top QSRs, CDRs and other players in the HoReCa segment like Domino's & Subway's India franchise, Café Coffee Day, Wok Express, etc. The Company is deeply connected with the Indian food services/dining out industry and this accounted for almost our entire revenue for the six months ended September 30, 2023. Its brands, which sells under "Chatha Foods" are distributed through its network of 29 distributors covering 32 cities across India and catering to the needs of 126 mid segment & standalone small QSR brands.;
Parent organisation
Chatha Foods Ltd
Strengths & Financials of Chatha Foods
Strong Supply Chain and Input Sourcing for QSR, CDR and Other Outdoor Dining Options in India.
In-house Manufacturing Plant Layout & Designing Capability as per the GFSI approved global foods safety standards.
Quality Compliance, Control and Quality Standards.
Experienced Promoters and Management.
The company intend to utilize a portion of the Net Proceeds for setting up the Proposed Manufacturing Facility at Village Tofhapur, Tehsil Dera Bassi, Distt SAS Nagar, Mohali, Punjab, India ("Proposed
Manufacturing Facility"). The company is yet to place orders for plant and machinery and apply for requisite government approvals for the Proposed Manufacturing Facility. If the company is unable to commission its Proposed Manufacturing Facility without time and cost overruns or unable to adhere to the schedule of implementation, it may adversely affect its business, results of operations and financial condition.
The purchase of land by the Company for setting up the Proposed Manufacturing Facility is subject
to compliance with certain terms and conditions. Failure to comply with such conditions could
adversely affect its business and financial condition.
The company derives a substantial portion of its revenue from the sale of products in the non-vegetarian segment. Any loss of business in this segment may adversely affect its business, results of operations, financial conditions and cash flows.
The company Registered Office and godowns/ warehouses are not owned by the Company.
Chatha Foods Financials
*All values are in Rs. Cr
Application Details of Chatha Foods IPO
Apply as | Price band | Apply Range |
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Regular | ₹56 - 56 | ₹2 - 5 Lakh |
High Networth Individual | ₹56 - 56 | ₹2 - 5 Lakh |
For Chatha Foods IPO, eligible investors can apply as Regular.