NeoPolitan Pizza and Foods IPO Details
The NeoPolitan Pizza and Foods IPO is a fixed price issue with a total issue size of ₹12 cr, comprising of fresh issue of 6000000 equity shares. NeoPolitan Pizza and Foods IPO opened for subscription on Sep 30, 2024 and closed on Oct 04, 2024. NeoPolitan Pizza and Foods IPO has set the price at ₹20 per share, with a lot size of 6000 shares. Minimum investment for Retail investors was ₹240,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Oct 07, 2024, and listed on both the NSE and BSE on Oct 09, 2024.
Bigshare Services Pvt Ltd has been appointed as the registrar. Turnaround Corporate Advisors Private Limited are the Book Running Lead Manager for the issue.
Before investing in the NeoPolitan Pizza and Foods IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 20 – 20
- Lot Size
- 6000
- Issue Size
- ₹12 Cr
- Minimum Investment
- ₹240000 (12000 Shares)
- Listing Date
- 09 October 2024
Current GMP
₹0 (0.00%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About NeoPolitan Pizza and Foods Limited
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.
NeoPolitan Pizza and Foods IPO Promoters
Promoters of the company are
- Mr. Mukund Purohit
- Mrs. Arti Mukund Purohit.
Promoters Holding
Holding Pre Issue
72.68%
Holding Post Issue
47.03%
NeoPolitan Pizza and Foods IPO Objective
The Objects of the Issue are:
- Expansion of our Retail Network by launching 16 new Quick Service Restaurants (QSR)
- Security Deposit and Advance Rent
- Brokerage Charges
- To meet Working Capital Requirements
- 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
Book Running Lead Managers
- Turnaround Corporate Advisors Private Limited
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 with a total issue size of ₹12 crore. The NeoPolitan Pizza and Foods IPO price band is ₹20 to 20 per share. The NeoPolitan Pizza and Foods IPO subscription opens on Mon, Sep 30, 2024, and closes on Fri, Oct 4, 2024. The NeoPolitan Pizza and Foods IPO will be listed on the BSE. Bigshare Services Pvt Ltd is the registrar for the NeoPolitan Pizza and Foods IPO.
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 per share.
NeoPolitan Pizza and Foods IPO lot size is 6000 shares, Retail investors need a minimum investment of ₹240000 based on the upper price band
The minimum investment for NeoPolitan Pizza and Foods IPO is ₹240000, based on one lot of 6000 shares at the upper price band of ₹20 per share.
Investors can apply for the NeoPolitan Pizza and Foods IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Oct 4, 2024. The application amount remains blocked until the NeoPolitan Pizza and Foods IPO allotment is finalized.
NeoPolitan Pizza and Foods IPO issue size is ₹12 crores.
NeoPolitan Pizza and Foods IPO allotment date is Wed, Jul 1, 2026.
The registrar for NeoPolitan Pizza and Foods IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check NeoPolitan Pizza and Foods IPO allotment status, refund processing, and other IPO-related information.
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 0% over the issue price.