Leo Dry Fruits and Spices IPO

Leo Dryfruits & Spices Trading Ltd

₹1,02,000 /2000 sharesMinimum Investment

Leo Dry Fruits and Spices IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
1 Jan ‘25 - 3 Jan ‘25₹1,02,0002,000₹51 - ₹52
Issue SizeIPO Doc
25.11Cr
RHP PDF

Subscription rate

As of 02 Jan'25, 06:00 PM
Qualified Institutional Buyers1.00x
Non-Institutional Investor13.10x
Retail Individual Investor20.12x
Total13.23x

About Leo Dry Fruits and Spices

Leo Dry Fruits and Spices Trading manufactures, processes, trades and markets products such as spices, dry fruits, and other grocery items under the “VANDU” brand, as well as frozen and semi-fried products under the “FRYD” brand. The company offers whole and blended spices, plain, roasted, and flavoured dry fruits, along with products such as ghee, seasoning, poppy seeds, and sesame seeds, among others, in different packaging sizes. The business operates across two key verticals: trading and manufacturing/processing. In the trading division, the company deals with bulk and smaller quantities of whole spices, dry fruits, and frozen/semi-fried products. In the manufacturing/processing division, the company focuses on blended spices and other grocery items like “chiz bites” and seasonings, which are processed at the company’s facility.;
Founded in
2019
Managing director
Mr. Kaushik Sobhagchand Shah
Parent organisation
Leo Dryfruits & Spices Trading Ltd

Strengths & Financials of Leo Dry Fruits and Spices

Strengths
Risks
Leo Dry Fruits and Spices Trading operates a manufacturing and processing unit that holds an FSSAI license under the Food Safety and Standards Act, 2006.
In the B2C segment, the company engages in retail by offering whole spices, blended spices, dry fruits, and other grocery products under the “VANDU” brand. These products are distributed through various channels, including distributors, super stockists, e-commerce platforms like Amazon and Flipkart, and the company’s own website.
The company claims that it is equipped with modern machinery and facilities that enable the hygienic processing, grading, and packaging of its manufactured spices.
The company has seen a consistent increase in revenue from operations and profit after tax (PAT). Revenue from operations increased from Rs 5.26 crore in FY22 to Rs 36.44 crore in FY23 to Rs 62.16 crore in FY24. PAT increased from Rs 0.08 crore in FY22 to Rs 3.63 crore in FY23 to Rs 6.64 crore in FY24.

Leo Dry Fruits and Spices Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Leo Dry Fruits and Spices IPO

Apply asPrice bandApply upto
Regular51 - 52₹2 Lakh
High Networth Individual51 - 52₹2 - 5 Lakh
For Leo Dry Fruits and Spices IPO, eligible investors can apply as Regular.
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