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NeoPolitan Pizza and Foods Limited IPO, GMP, Details, Price, And Review
Formerly known as JRM Fertilizer Private Limited, Neopolitan Pizza Limited was incorporated as a Private Limited Company on February 5th 2011. Since the name change on June 19, 2012, the company commenced the business to bring the most beloved food, Pizza, to the world. Combining India’s rich heritage and giving Pizza a unique twist, Neopolitan Pizza, Mukund Purohit's founded company, completely revolutionized the Indian food scenario, contributing to the local taste.
Listed on the National Stock Exchange of India’s Emerge ITP Platform, on November 3, 2014, the company operates in 2 segments,
• Agricultural Commodity Trading- tomatoes, rice and wheat
• Restaurants
The company's diversification strategy allowed it to leverage its food industry expertise while expanding its revenue streams.
Currently, with the ISO 22000:2018 certification and a better focus on quality ingredients, the company ensures, via varied outlets, a consistent dining experience. In the future, the company plans to expand across India and worldwide. It has already begun its international journey by making investments in the USA-based subsidiary, Neoindian Pizza Inc.
NeoPolitan Pizza and Foods IPO Overview:
• IPO Size: ₹12.00 crores
• Issue Type: Fresh issue of shares
• Total Shares Offered: 60 lakh shares
• Price per Share: ₹20
• Minimum Lot Size: 6,000 shares
• Subscription Period:
· Opens: September 30, 2024
· Closes: October 4, 2024
Key Participants:
• Book Running Lead Manager: Turnaround Corporate Advisors Private Limited
• Registrar: Bigshare Services Pvt Ltd
• Market Maker: Mnm Stock Broking
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
NeoPolitan Pizza and Foods Limited IPO, GMP, Details, Price, And Review
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | 20 | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
NeoPolitan Pizza and Foods Limited IPO, GMP, Details, Price, And Review Details
| Detail | Description |
|---|---|
| IPO Date | September 30, 2024 to October 4, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹20 per share |
| Lot Size | 6000 Shares |
| Total Issue Size | 6,000,000 shares (aggregating up to ₹12.00 Cr) |
| Fresh Issue | 6,000,000 shares (aggregating up to ₹12.00 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Shareholding pre issue | 11,000,000 |
| Shareholding post issue | 17,000,000 |
| Market Maker portion | 300,000 shares |
NeoPolitan Pizza and Foods Limited IPO, GMP, Details, Price, And Review Timeline
| Detail | Description |
|---|---|
| IPO Open Date | Monday, September 30, 2024 |
| IPO Close Date | Friday, October 4, 2024 |
| Basis of Allotment | Monday, October 7, 2024 |
| Initiation of Refunds | Tuesday, October 8, 2024 |
| Credit of Shares to Demat | Tuesday, October 8, 2024 |
| Listing Date | Wednesday, October 9, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on October 4, 2024 |
NeoPolitan Pizza and Foods Limited IPO, GMP, Details, Price, And Review Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6000 | ₹120,000 |
| Retail (Max) | 1 | 6000 | ₹120,000 |
| HNI (Min) | 2 | 12,000 | ₹240,000 |
NeoPolitan Pizza and Foods Limited IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 50% of the Net Issue |
| Other Shares Offered | 50% of the Net Issue |
NeoPolitan Pizza and Foods Limited IPO, GMP, Details, Price, And Review Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 72.68% | 47.03% |
Competitive Strength:
- ● Offered authentic Neapolitan-style pizza made with the use of traditional ingredients and techniques.
- ● Catering to varied tastes and dietary preferences with a diverse menu.
- ● Consistent branding that offers a stronger brand identity across all its outlets and marketing channels.
- ● Use of tech in varied operating parts, including online orders, tracking deliveries, and getting customer feedback.
- ● Emphasis upon customer service via prompt services, well-trained staff and personalized attention. It helps to create a positive experience for customers, thereby fostering loyalty.
NeoPolitan Pizza and Foods Limited IPO, GMP, Details, Price, And Review Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31 Mar 2024 | 2,040.5 | 4,401.07 | 210.72 | 1,590.86 | 59.19 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 1,811.58 | 2,004.61 | 116.8 | 1,381.61 | 68.82 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2022 | 1,300.94 | 1,630.82 | 18.44 | 807.39 | 259.45 | |||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 13.23% |
| ROCE | 17.17% |
| Debt/Equity | 0.04 |
| RoNW | 13.15% |
| PAT Margin (%) | 4.75 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 1.92 | 1.24 |
| P/E (x) | 10.44 | 10.44 |
Objectives of NeoPolitan Pizza and Foods IPO
-
The raised funds from the issue are expected to be used towards the following objectives:
- • Retail Network expansion with the launch of 16 New Quick Service Restaurants.
- • Brokerage charges
- • General Corporate Expenses
- • Working Capital Requirements
- • Security Deposit and the Advance Rent
RHP:
DRHP:
Frequently asked Questions (FAQs )
-
Which IPO is being launched by Neopolitan Pizza and Foods?
The company is launching an SME IPO that will be listed on the BSE. It is expected to raise ₹12.00 Crores through the issue that’s priced at ₹20 per equity share.
-
When does the subscription for Neopolitan Pizza and Foods IPO open?
The subscription for the QIB, NII, and Retail Investors opens on September 30, 2024, and closes on October 4, 2024.
-
What is Neopolitan Pizza and Foods IPO Investors Portion?
The investors’ portion for QIB is 0%, NII is 50%, and Retail is 50%.
-
What is the issue size of Neopolitan Pizza and Foods IPO?
₹12.00 crore is Neopolitan Pizza and Foods IPO issue size.
-
What is the Price Band for Neopolitan Pizza and Foods IPO?
₹20 is the Price Band for Neopolitan Pizza and Foods IPO.
-
What is the lot size of Neopolitan Pizza and Foods IPO?
6000 Shares with ₹120,000 amount is the lot size.
