Chatha Foods IPO Details: Get ready for Chatha Foods IPO! From March 19 to March 21, seize the opportunity to invest in this BSE SME IPO aiming to raise ₹34 crores. Founded in 1997, Chatha Foods Limited (CFL) specializes in frozen food processing, serving esteemed QSRs, CDRs, and the HoReCa segment. They focus on innovation, introducing new flavors tailored to diverse consumer preferences. With a robust distribution network spanning 32 cities in India, they cater to 126 mid-segment & standalone small QSR brands. All products are manufactured at their facility in District Mohali, ensuring stringent quality control with certifications from FDA, BRC, Halal, and EIC. Don’t miss out on this opportunity!
Chatha Foods IPO Objectives:
The net proceeds of the Issue, i.e. gross proceeds of the Issue less the Issue related expenses (“Net Proceeds”) are proposed to be utilised for the following objects:
- Setting up the Proposed Manufacturing Unit
- General Corporate Purposes
Chatha Foods IPO Review (Apply or Not)
- To be updated soon
Chatha Foods IPO Date & Price Band Details:
| IPO Open: | 19-March-2024 |
| IPO Close: | 21-March-2024 |
| IPO Size: | Approx ₹34 Crores, 5,962,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹53 to ₹56 Per Equity Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Chatha Foods IPO Lot Size:
Investors can bid for a minimum of 2000 shares and in multiples thereof. The table below outlines the minimum and maximum investments for retail investors and HNIs, both in terms of shares and amounts.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 2000 | ₹112,000 |
| Retail Maximum | 1 | 2000 | ₹112,000 |
| S-HNI Minimum | 2 | 4000 | ₹224,000 |
Chatha Foods IPO Timeline:
Chatha Foods IPO opens on March 19 and closes on March 21. Allotment date is March 26, with potential listing on March 27.
| IPO Open Date: | 19-March-2024 |
| IPO Close Date: | 21-March-2024 |
| Basis of Allotment: | 26-March-2024 |
| Refunds: | 27-March-2024 |
| Credit to Demat Account: | 27-March-2024 |
| IPO Listing Date: | 27-March-2024 |
Chatha Foods IPO GMP Today:
The Grey Market Premium (GMP) for Chatha Foods Ltd currently stands at ₹5, aligning with the IPO’s price band of ₹53 to ₹56 per share.
Chatha Foods Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹61.19 | ₹66.72 | ₹4.00 |
| 2022 | ₹87.40 | ₹86.36 | ₹0.67 |
| 2023 | ₹117.24 | ₹113.87 | ₹2.45 |
| Sept 2023 | ₹70.78 | ₹66.02 | ₹3.41 |
Chatha Foods IPO Valuation – FY2023
Check Chatha Foods IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹1.48 per Equity Share |
| Price/Earning P/E Ratio: | 35.81 |
| Return on Net Worth (RoNW): | 11.95% |
| Net Asset Value (NAV): | ₹15.22 per Equity Share |
Peer Group
- Tasty Bite Eatables Limited
Company Promoters
- Paramjit Singh Chatha
- Gurpreet Chatha
- Gurcharan Singh Gosal
- Anmoldeep Singh
Chatha Foods IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Chatha Foods IPO Allotment Status
Check Chatha Foods IPO allotment status on Skyline Financial website URL. Click Here
Chatha Foods IPO Lead Managers aka Merchant Bankers
- Indorient Financial Services Ltd
Company Address
Chatha Foods Limited
272, Mota Singh Nagar,
Jalandhar – 144 001
Punjab, India
Phone: + 91 18146 16381
Email: cs@cfpl.net.in
Website: http://www.cfpl.net.in/
