The NeoPolitan Pizza and Foods IPO will open on September 30, 2024, and will run through to October 4, 2024. Notably, this IPO follows a Fixed Price structure. As part of this offering, the company aims to raise around ₹12 crore. Specifically, it includes a fresh issue of ₹12 crore, alongside an offer for sale of equity shares, each carrying a face value of ₹10.
Table of contents
- NeoPolitan Pizza and Foods IPO Overview
- Company Details
- Key Dates
- Financials (₹ in Lakhs)
- IPO Lot Size
- The objective of the Issue
- Company Promoters
- NeoPolitan Pizza and Foods IPO GMP (Grey Market Premium)
- NeoPolitan Pizza and Foods IPO Application Form PDF
- NeoPolitan Pizza and Foods IPO Subscription Status
- NeoPolitan Pizza and Foods IPO Allotment Status
- IPO Review
- NeoPolitan Pizza and Foods IPO Registrar
- NeoPolitan Pizza and Foods IPO Lead Manager
- NeoPolitan Pizza and Foods Limited Contact
- FAQs
NeoPolitan Pizza and Foods IPO Overview
| Overview Points | Description |
|---|---|
| Company Name | NeoPolitan Pizza and Foods Limited |
| Industry | Food and Beverage |
| IPO Issue Type | Fixed Price Issue |
| Open Date | September 30, 2024 |
| Close Date | October 4, 2024 |
| Total Issue Size | ₹12.00 Crores (6,000,000 Equity Shares) |
| Fresh Issue | ₹12.00 Crores (6,000,000 Equity Shares) |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹20 per share |
| Listing on | BSE SME |
| Lot Size | 6000 Shares |
| Offer for Sale | NA |
| Shares Offered to Retail | 50% |
| Shares Offered to QIB | 00% |
| Shares Offered to HNI | 50% |
Company Details
Neopolitan Pizza and Foods Limited, located at 434 & 435, SWC Hub, Opposite Rajpath Complex, Vasna Bhayli Road, Vadodara – 391410, Gujarat, India, was originally established as JRM Fertilizer Private Limited on February 5, 2011, under the Companies Act, 1956. Subsequently, the company was converted into a Public Limited Company under the Companies Act, 2013, and later, on October 22, 2014, the name was officially changed to Neopolitan Pizza Limited, marked by a fresh Certificate of Incorporation.
Furthermore, the company was listed on the Emerge ITP Platform of the National Stock Exchange (NSE) on November 3, 2014. It operates in two major segments: the restaurant business and the trading of agricultural commodities. Specifically, it owns and manages restaurants through a franchise model, offering Italian pizzas made with fresh ingredients. Additionally, in the agricultural segment, the company is involved in trading products such as wheat, rice, tomatoes, onions, and more.
Moreover, Neopolitan Pizza and Foods Limited has strategically expanded its global presence through an investment of $87,500 in its wholly-owned subsidiary, Neoindian Pizza Inc., located in the USA. This investment aims to foster strong relationships with customers and effectively meet their needs and preferences globally.
Key Dates
| Events | Date |
|---|---|
| IPO Open Date | September 30, 2024 |
| IPO Close Date | October 4, 2024 |
| Basis of Allotment | October 7, 2024 |
| Refunds | October 8, 2024 |
| Credit to Demat Account | October 8, 2024 |
| IPO Listing Date | October 9, 2024 |
Financials (₹ in Lakhs)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | ₹2,040.5 | ₹1,811.58 | ₹1,300.94 |
| Revenue | ₹4,401.07 | ₹2,004.61 | ₹1,630.82 |
| Profit After Tax | ₹210.72 | ₹116.8 | ₹18.44 |
| Net Worth | ₹1,590.86 | ₹1,381.61 | ₹807.39 |
| Reserves and Surplus | ₹492.33 | ₹281.61 | ₹(63.9) |
| Total Borrowing | ₹59.19 | ₹68.82 | ₹259.45 |
IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6,000 | ₹120,000 |
| Retail (Max) | 1 | 6,000 | ₹120,000 |
| HNI (Min) | 2 | 12,000 | ₹240,000 |
The objective of the Issue
- The expansion of the retail network includes the launch of 16 new Quick Service Restaurants.
- Additionally, funds will be allocated for security deposits and advance rental payments.
- Furthermore, brokerage fees will be covered, along with meeting working capital requirements.
- Lastly, a portion of the funds will be used for general corporate expenditures.
Company Promoters
- Mr. Mukund Purohit
- Mrs. Arti Mukund Purohit
NeoPolitan Pizza and Foods IPO GMP (Grey Market Premium)
Are you curious about the latest Grey Market Premium (GMP) for the NeoPolitan Pizza and Foods IPO? Look no further! Visit our dedicated IPO GMP section where we keep you in the loop with daily updates on all IPOs, including NeoPolitan Pizza and Foods Limited. Additionally, stay ahead of the game with real-time GMP insights that can help you make informed investment decisions. Whether you’re a seasoned investor or just getting started, our updates have got you covered!
NeoPolitan Pizza and Foods IPO Application Form PDF
To download the NeoPolitan Pizza and Foods IPO application form, simply check out the IPO Forms. Additionally, you can download the ASBA IPO Forms PDF.
NeoPolitan Pizza and Foods IPO Subscription Status
This IPO subscription kicks off on September 30, 2024! Meanwhile, if you’re looking to stay updated with the latest subscription figures, head over to our IPO Subscription section for real-time data on all ongoing IPOs. Moreover, don’t miss out on the action—track the progress as it happens!
NeoPolitan Pizza and Foods IPO Allotment Status
To check the NeoPolitan Pizza and Foods IPO allotment status go to the IPO registrar website Bigshare or go to IPO Allotment.
Furthermore, To check allotment status. Firstly, follow the steps below:
- Firstly, go to the link given above.
- Secondly, select the company name.
- Then, enter your PAN Number, Beneficiary Number, Application Number, or CAF Number.
- Finally, submit the details to get the allotment status.
IPO Review
Strengths:
- Neopolitan Pizza offers authentic Neopolitan-style pizza and a diverse menu catering to various dietary preferences.
- Strong brand identity and efficient operations ensure quick, reliable service, enhancing customer satisfaction.
- The franchise model supports rapid expansion across India, with a focus on customer service and personalized experiences.
- In agricultural trading, the company sources fresh, sustainable products and has opportunities to grow through partnerships and technology.
Risks:
- Public health emergencies, like COVID-19, can disrupt operations and reduce profitability.
- Economic downturns and fluctuating commodity prices may negatively impact both restaurant and trading segments.
- Intense competition threatens market share, revenue, and profitability.
- Non-compliance with food safety regulations or quality issues could damage the company’s reputation and result in financial losses.
NeoPolitan Pizza and Foods IPO Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
NeoPolitan Pizza and Foods IPO Lead Manager
TURNAROUND CORPORATE ADVISORS PRIVATE LIMITED
614, Vishwadeep Building, Plot No. 4,
District Centre, Janak Puri, New Delhi – 110058
Phone: +91 -11-45510390, +91-11-41395590
Email: info@tcagroup.in
Website: www.tcagroup.in
NeoPolitan Pizza and Foods Limited Contact
NEOPOLITAN PIZZA AND FOODS LIMITED
434 & 435, SWC Hub, Opp. Rajpath Complex,
Vasna Bhayli Road, Vadodara – 391410, Gujarat
Phone: +91 95740 00428
E-mail: csneo@neopolitanpizza.in
Website: www.neopolitanpizza.in
FAQs
NeoPolitan Pizza and Foods’s IPO has an issue size of ₹12 crores.
Additionally, the price band for NeoPolitan Pizza and Foods’s IPO is set at ₹20.
Furthermore, the minimum bid for NeoPolitan Pizza and Foods’s IPO is 6,000 shares, which totals an investment of ₹120,000.
Moreover, the allotment date for NeoPolitan Pizza and Foods’s IPO is October 7, 2024.
Finally, NeoPolitan Pizza and Foods India’s IPO will list on the BSE on October 9, 2024.
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