Leo Dry Fruits and Spices IPO: Comprehensive Guide
Leo Dry Fruits and Spices Trading Ltd is bringing its Initial Public Offering (IPO) to the market, opening new opportunities for investors. In this article, we cover everything you need to know, from GMP (Grey Market Premium) to subscription status, and whether investing in this IPO is a good or bad decision.
Key Details of the Leo Dry Fruits and Spices IPO
- IPO Date: January 1, 2025, to January 3, 2025
- Price Band: ₹51 to ₹52 per share
- Lot Size: 2,000 shares
- Total Issue Size: 48.30 lakh shares aggregating to ₹25.12 crore
- Type: Book Built Issue IPO
- Listing: BSE SME
- Minimum Investment: ₹1,04,000 for retail investors
Subscription Timeline and Listing Dates
| Event | Date |
|---|---|
| IPO Opens | January 1, 2025 |
| IPO Closes | January 3, 2025 |
| Allotment Finalization | January 6, 2025 |
| Refunds Initiated | January 7, 2025 |
| Shares Credited to Demat | January 7, 2025 |
| Listing Date | January 8, 2025 |
GMP of Leo Dry Fruits and Spices IPO
The Grey Market Premium (GMP) of the Leo Dry Fruits and Spices IPO indicates investor sentiment before listing. As per market trends, the GMP shows promising potential. Check our IPO GMP Grey Market Premium guide for updated details and analysis.
Leo Dry Fruits and Spices IPO Subscription Status
Investors have shown keen interest in this IPO. The subscription is divided as follows:
- Retail Investors: 16.44 lakh shares (34.04%)
- QIB (Qualified Institutional Buyers): 9.16 lakh shares (18.96%)
- HNI (High Net-worth Individuals): 7.00 lakh shares (14.49%)
- Anchor Investors: 13.24 lakh shares (27.41%)
Stay updated with our live tracking of the IPO subscription status.
Competitive Strengths of Leo Dry Fruits and Spices Trading Ltd
- Experienced Management Team: The company is led by a skilled team with extensive experience in the dry fruits and spices industry.
- Diverse Product Portfolio: A range of products from whole spices and dry fruits to semi-fried items.
- Established Brand Equity: The “VANDU” brand is well-recognized in the B2B and B2C markets.
- Manufacturing Capability: In-house processing ensures quality and cost-efficiency.
Financial Highlights:
| Period Ended | Revenue (₹ Cr) | PAT (₹ Cr) | Net Worth (₹ Cr) |
| FY 2023 | 3,646.83 | 363.46 | 499.91 |
| FY 2024 | 6,226.51 | 663.69 | 3,390.26 |
| H1 FY 2025 | 1,788.24 | 187.18 | 3,577.44 |
Is Leo Dry Fruits and Spices IPO Good or Bad?
The decision to invest in this IPO depends on your financial goals and risk tolerance. Here are some points to consider:
Pros:
- High revenue growth over the past years
- Diversified business model catering to B2B, B2C, and D2C segments
- Well-established brand with strong market presence
Cons:
- High valuation could deter conservative investors
- SME listing, which may involve higher risk compared to mainboard IPOs
To learn more about evaluating IPOs, check out our guide on OFS vs IPO Differences.
FAQs
1. What is the GMP of Leo Dry Fruits and Spices IPO? The GMP fluctuates daily. Check our IPO GMP blog for the latest updates.
2. What is the minimum investment for the Leo Dry Fruits IPO? The minimum investment is ₹1,04,000 for retail investors (2,000 shares at ₹51 per share).
3. Is Leo Dry Fruits and Spices IPO a good investment? It depends on your investment strategy and risk appetite. The company has a strong financial track record but operates in a competitive SME sector.
4. When will the allotment for Leo Dry Fruits IPO be finalized? The allotment date is January 6, 2025.
5. Where will the Leo Dry Fruits IPO be listed? The shares will be listed on the BSE SME platform on January 8, 2025.
Conclusion:
Leo Dry Fruits and Spices IPO offers an opportunity to invest in a rapidly growing company within the FMCG sector. With strong financial performance and a diversified portfolio, the IPO has garnered significant attention. However, investors should evaluate risks and stay updated on subscription status and GMP trends before making a decision.
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