Home Mainline IPOs NeoPolitan Pizza and Foods IPO
Orion Industries logo

NeoPolitan Pizza and Foods IPO

Open Sme
BSE 30 September - 04 October 2024
NeoPolitan Pizza and Foods Limited IPO is a fixed price issue of 12 Cr. The issue is entirely a fresh issue of 6000000 shares aggregating to 12 Cr. NeoPolitan Pizza and Foods Limited IPO opened for subscription on Sep 30, 2024 and closed on Oct 04, 2024. The allotment for the this IPO was finalized on Oct 07, 2024. IPO was listed on NSE and BSE on Oct 09, 2024. NeoPolitan Pizza and Foods Limited IPO has set the issue price at ₹20 per share.

Current GMP

₹0 (0.00%)

Price Band

₹ 20 – 20

Lot Size

6000

Issue Size

₹12 Cr

Minimum Investment

₹240000 (12000 Shares)

Listing Date

09 October 2024

Subscription

32.77x

About the Company

Incorporated in February 2011, Neopolitan Pizza And Foods Limited operates in two segments, namely the restaurant business and the trading of agricultural commodities. In the restaurant business, the company owns and operates its own restaurants as well as operates through a franchise model. The company offers Neopolitan-style pizza, which is a traditional Italian pizza made with fresh ingredients. The menu includes a variety of toppings, and the company offers gluten-free and vegetarian options.

Neopolitan Pizza is ISO 22000:2018 Certified company. The newly re-designed and rebranded Neopolitan Pizza concept pushes the limits of the regular restaurant experience by offering a variety of Soup, Exotic Salads, freshly baked Bread,Pasta, Hand Tossed Pizza and Dessert including such popular items as flat bread pizzas and many more. The concept of Neopolitan Pizza is very family oriented and kid friendly.

In addition to the restaurant business, Neopolitan Pizza And Foods Limited also engages in the trading of agricultural commodities. The company deals in products such as wheat, rice, tomatoes, onions, and other such products.

Promoters

Promoters of the company are

  1. Mr. Mukund Purohit
  2. Mrs. Arti Mukund Purohit.
Promoters Holding

Holding Pre Issue

72.68%

Holding Post Issue

47.03%

Objects of the Issue

The Objects of the Issue are:

  1. Expansion of our Retail Network by launching 16 new Quick Service Restaurants (QSR)
  2. Security Deposit and Advance Rent
  3. Brokerage Charges
  4. To meet Working Capital Requirements
  5. General Corporate Purposes

Address / Contact Info

NeoPolitan Pizza and Foods Limited
434 & 435, SWC Hub, Opp. Rajpath Complex,
Vasna Bhayli Road, Vadodara – 391410, Gujarat

 Phone: +91 95740 00428
Email: csneo@neopolitanpizza.in
Website: https://www.neopolitanpizza.in

IPO Snapshot

Face Value₹10 per share
Price Band₹ 20 – 20
Lot Size6000
Issue TypeFixed price IPO
Sale Type
Fresh Issue₹ 12.00 Cr
Offer for Sale₹ 0.00 Cr
Total Issue Size₹ 12.00 Cr
Listing AtBSE
Industry
Sector
Retail Quota47.5%

Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.

Frequently Asked Questions

Everything you need to know before applying to an IPO.

NeoPolitan Pizza and Foods IPO is a Fixed price IPO worth ₹12 crores. The price band is ₹20 to 20 per share. The IPO opens on Mon, Sep 30, 2024 and closes on Fri, Oct 4, 2024. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.

The NeoPolitan Pizza and Foods IPO opens on Mon, Sep 30, 2024 and closes on Fri, Oct 4, 2024

NeoPolitan Pizza and Foods IPO Price Band is ₹20 to 20.

NeoPolitan Pizza and Foods IPO lot size is 6000, and the minimum amount required for application is ₹240000.

The minimum investment for NeoPolitan Pizza and Foods IPO is approximately ₹240000 based on the upper price band.

To apply for the NeoPolitan Pizza and Foods IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Fri, Oct 4, 2024. After submission, funds are blocked until the basis of allotment of NeoPolitan Pizza and Foods IPO is finalised.

NeoPolitan Pizza and Foods IPO issue size is ₹12 crores.

NeoPolitan Pizza and Foods IPO allotment date is Sat, Jun 27, 2026.

The registrar for NeoPolitan Pizza and Foods IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website for IPO allotment status, refund processing, and other queries related to NeoPolitan Pizza and Foods IPO through their official website or helpline.

The NeoPolitan Pizza and Foods IPO GMP (Grey Market Premium) is ₹0 as of Wed, Oct 9, 2024. Based on the upper price band of ₹20 per share, the estimated NeoPolitan Pizza and Foods IPO listing price is ₹0, indicating a potential listing gain of approximately 31% over the issue price.