NeoPolitan Pizza and Foods IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Mon, 30 Sep 2024
Close Date
Fri, 04 Oct 2024
Issue Price
₹ 20
Lot Size
6000
Issue Size
₹ 12.00 Cr
Minimum Investment
₹ 240,000 (12000 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
NeoPolitan Pizza and Foods IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a fixed price issue with a total issue size of ₹12.00 Crore, comprising a fresh issue of 60.00 Lakh equity shares aggregating to ₹12.00 Crore.
The NeoPolitan Pizza and Foods IPO remained open for subscription from September 30, 2024, to October 04, 2024. The basis of allotment was finalized on October 07, 2024, and the company's shares were listed on BSE SME Platform on October 09, 2024.
The company had fixed the price at ₹20 per share, with a lot size of 6000 shares. Retail investors were required to make a minimum investment of ₹240,000 (based on the upper price band) to apply for one lot.
Bigshare Services Pvt Ltd served as the registrar to the issue. Turnaround Corporate Advisors Private Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, NeoPolitan Pizza and Foods Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
NeoPolitan Pizza and Foods IPO Timeline (Tentative)
- IPO Open Date
- Mon, 30 Sep 24
- IPO Close Date
- Fri, 04 Oct 24
- Basis of Allotment
- Mon, 07 Oct 24
- Initiation of Refunds
- Tue, 08 Oct 24
- Credit of Shares to Demat
- Tue, 08 Oct 24
- Listing Date
- Wed, 09 Oct 24 — NSE & BSE
Open Date
30 September 2024
Close Date
04 October 2024
Basis Of Allotment
07 October 2024
Listing Date
09 October 2024
IPO Subscription
Check Live Subscription →The NeoPolitan Pizza and Foods IPO has received bids for 18,67,92,000 shares against 57,00,000 shares offered, resulting in an overall subscription of 32.77x. the NII category is subscribed 20.83x, Retail Investors 42.62x, and QIBs 0x.
QIB
0x
NII
20.83x
RII
42.62x
Total
32.77x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 28,50,000 shares, representing 47.5% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 0 shares (%), while Non-Institutional Investors (NIIs) receive 28,50,000 shares (47.5%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Market Maker | 300,000 | 5% |
| Non-Institutional | 2,850,000 | 47.5% |
| Retail Investors | 2,850,000 | 47.5% |
| Total | 6,000,000 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 2040.5 | 1811.58 | 1300.94 |
| Revenue | 4401.07 | 2004.61 | 1630.82 |
| Profit After Tax | 210.72 | 116.8 | 18.44 |
| Net Worth | 1590.86 | 1381.61 | 807.39 |
| Reserve & Surplus | 492.33 | 281.61 | -63.9 |
| Total Borrowings | 59.19 | 68.82 | 259.45 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
NeoPolitan Pizza and Foods Limited KPI Information
| Particular | KPI as of March 31, 2024. |
|---|---|
| ROE % | 13.23 |
| ROCE % | 17.17 |
| Debt / Equity | 0.04 |
| RoNW % | 13.15 |
| Pat Margin % | 4.75 |
Peers Comparison
No Peer Comparision Available
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
NeoPolitan Pizza and Foods Limited Address / Contact Details
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
NeoPolitan Pizza and Foods IPO Lot Size
The NeoPolitan Pizza and Foods IPO has a lot size of 6,000 shares. Retail investors require a minimum investment of ₹1,20,000 by applying for 1 lot (6,000 shares). The maximum application allowed for the retail category is 1 lots (6,000 shares), requiring an investment of ₹1,20,000.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 6,000 | 120,000.00 |
| Retail (Max) | 1 | 6,000 | 120,000.00 |
| S-HNI (Min) | 2 | 12,000 | 240,000.00 |
Issue Reservation
- Market Maker — 5%
- NII — 47.5%
- RII — 47.5%
Book Running Lead Managers
- Turnaround Corporate Advisors Private Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the NeoPolitan Pizza and Foods 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.
When will the NeoPolitan Pizza and Foods IPO open for subscription?
The NeoPolitan Pizza and Foods IPO opens on Mon, Sep 30, 2024 and closes on Fri, Oct 4, 2024
What is NeoPolitan Pizza and Foods IPO Price Band?
NeoPolitan Pizza and Foods IPO Price Band is ₹20 to 20 per share.
What is NeoPolitan Pizza and Foods IPO Lot Size?
NeoPolitan Pizza and Foods IPO lot size is 6000 shares, Retail investors need a minimum investment of ₹240000 based on the upper price band
What is the minimum investment for NeoPolitan Pizza and Foods IPO?
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.
How to apply for NeoPolitan Pizza and Foods IPO?
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.
What is NeoPolitan Pizza and Foods IPO Issue Size?
NeoPolitan Pizza and Foods IPO issue size is ₹12 crores.
What is the NeoPolitan Pizza and Foods IPO Allotment Date?
NeoPolitan Pizza and Foods IPO allotment date is Mon, Oct 7, 2024.
Who is the NeoPolitan Pizza and Foods IPO Registrar?
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.
What is the NeoPolitan Pizza and Foods IPO GMP?
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 0.00% over the issue price.
Who is the NeoPolitan Pizza and Foods IPO Lead Manager?
The book-running lead managers (BRLMs) for the NeoPolitan Pizza and Foods IPO are Turnaround Corporate Advisors Private Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the NeoPolitan Pizza and Foods IPO Red Herring Prospectus (RHP).