NeoPolitan Pizza and Foods IPO Details: The NeoPolitan Pizza and Foods IPO is scheduled to open on September 30, 2024, and will close on October 4, 2024. This IPO is a Fixed Price Issue, aiming to raise approximately ₹12.00 crores. It includes a fresh issue of ₹12.00 crores and an offer for sale of up to [.] equity shares, with each share having a face value of ₹10.
The IPO price is set at ₹20 per share, with 50% reserved for retail investors and 50% for HNIs, while there is no allocation for QIBs. The company’s shares are expected to be listed on the BSE on October 9, 2024, and the allotment date is set for October 7, 2024.
In terms of financial performance, the company reported revenue of ₹44.01 crores in 2024, a significant increase from ₹20.05 crores in 2023. Profits also grew, rising to ₹2.101 crores in 2024 compared to ₹1.17 crores in 2023. Given these financials, investors may consider applying to this IPO for long-term gains.
NeoPolitan Pizza and Foods IPO Objectives:
The company proposes to utilize the funds being raised through this Issue towards the objects mentioned below.
- Expansion of the Retail Network by launching 16 new Quick Service Restaurants
- Security Deposit and Advance Rent
- Brokerage Charges
- Working Capital Requirements
- General Corporate Expenses
NeoPolitan Pizza and Foods IPO Review (Apply or Not)
- May Apply
NeoPolitan Pizza and Foods IPO Date & Price Band Details:
| IPO Open Date: | September 30, 2024 |
| IPO Close Date: | October 4, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹20 Per Share |
| Issue Size: | Approx ₹12.00 Crores |
| Fresh Issue: | Approx ₹12.00 Crores |
| Issue Type: | Fixed Price Issue |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 50% |
| QIB Quota: | Not more than 00% |
| NII Quota: | Not more than 50% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
NeoPolitan Pizza and Foods IPO Lot Size:
The minimum market lot for the NeoPolitan Pizza and Foods India IPO is set at 6,000 shares, requiring an application amount of ₹120,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 6,000 | ₹120,000 |
| Retail Maximum | 1 | 6,000 | ₹120,000 |
| HNI Minimum | 2 | 12,000 | ₹240,000 |
NeoPolitan Pizza and Foods IPO Timeline:
The NeoPolitan Pizza and Foods India IPO will open on September 30, 2024, and close on October 4, 2024. Allotments for the IPO are set to be finalized on October 9, 2024, with the listing scheduled for October 1.
| IPO Open Date: | September 30, 2024 |
| IPO Close Date: | October 4, 2024 |
| Basis of Allotment: | October 7, 2024 |
| Refunds: | October 8, 2024 |
| Credit to Demat Account: | October 8, 2024 |
| IPO Listing Date: | October 9, 2024 |
NeoPolitan Pizza and Foods IPO GMP Today:
The last Grey Market Premium (GMP) for the NeoPolitan Pizza and Foods SME IPO is ₹0. With a price band of ₹20.00, the estimated listing price for the IPO is also ₹20 (calculated as the cap price plus today’s GMP). Consequently, the expected percentage gain or loss per share is 0.00%.
Promoters of NeoPolitan Pizza and Foods IPO
The company is promoted by Mr. Mukund Purohit and Mrs. Arti Mukund Purohit.
About NeoPolitan Pizza and Foods IPO
NeoPolitan Pizza and Foods Limited is based at 434 & 435, SWC Hub, Opp. Rajpath Complex, Vasna Bhayli Road, Vadodara – 391410, Gujarat, India. The company was originally incorporated as a private limited entity named “JRM Fertilizer Private Limited” on February 5, 2011, under the provisions of the Companies Act, 1956. Subsequently, it was converted into a public limited company in accordance with the Companies Act, 2013, and renamed “NeoPolitan Pizza Limited” following the issuance of a fresh Certificate of Incorporation on October 22, 2014.
On November 3, 2014, the company was listed on the Emerge ITP Platform of the National Stock Exchange of India Limited (NSE). NeoPolitan Pizza and Foods operates in two segments: the restaurant business and the trading of agricultural commodities. The company manages its restaurants through a franchise model, offering Italian pizzas made from fresh ingredients. Additionally, its agricultural division deals in products such as wheat, rice, tomatoes, onions, and more.
Furthermore, NeoPolitan Pizza and Foods Limited has strategically broadened its global reach with an investment of $87,500 in its wholly-owned subsidiary, Neoindian Pizza Inc., located in the USA. The company aims to cultivate strong relationships with customers while meeting their needs and desires.
NeoPolitan Pizza and Foods IPO Company Financial Report
The company reported revenue of ₹44.01 crores in 2024 against ₹20.05 crore in 2023. The company reported profit of ₹2.101 crores in 2024 against profit of ₹1.17 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹16.31 | ₹15.38 | ₹0.18 | ₹13.01 |
| 2023 | ₹20.05 | ₹17.79 | ₹1.17 | ₹18.12 |
| 2024 | ₹44.01 | ₹40.75 | ₹2.11 | ₹20.41 |
NeoPolitan Pizza and Foods IPO Valuation – FY2024
Check NeoPolitan Pizza and Foods India IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | NA |
| ROCE: | 17.06% |
| EBITDA Margin: | 7.36% |
| PAT Margin: | 4.75% |
| Debt to equity ratio: | 0.18 |
| Earning Per Share (EPS): | ₹1.90 (Basic) |
| Price/Earning P/E Ratio: | 10.51 |
| Return on Net Worth (RoNW): | 13.15% |
| Net Asset Value (NAV): | ₹14.46 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Restaurant Brands Asia Ltd | (4.40) | NA | (37.65)% | 12.67 | – Cr. |
| Barbeque-Nation Hospitality Ltd | (3.44) | NA | (2.84)% | 100.58 | – Cr. |
NeoPolitan Pizza and Foods IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
IPO Lead Managers aka Merchant Bankers
- Turnaround Corporate Advisors Private Limited
Company Address
NeoPolitan Pizza and Foods Limited
434 & 435, SWC Hub
Opp. Rajpath Complex, Vasna Bhayli Road
Vadodara � 391410
Phone: +91 95740 00428
Email: csneo@neopolitanpizza.in
Website: https://www.neopolitanpizza.in/
NeoPolitan Pizza and Foods India IPO FAQs
1. What are the key dates for the NeoPolitan Pizza and Foods India IPO?
- IPO Opening Date: September 30, 2024
- IPO Closing Date: October 4, 2024
- Allotment Date: October 9, 2024
- Listing Date: October 1, 2024
2. What is the price band for the NeoPolitan Pizza and Foods India IPO?
- The price band for the IPO is set at ₹20.00 per share.
3. What is the minimum lot size for the IPO?
- The minimum market lot for the NeoPolitan Pizza and Foods India IPO is 6,000 shares, with an application amount of ₹120,000.
4. Who are the promoters of NeoPolitan Pizza and Foods?
- The promoters of the company are Mr. Mukund Purohit and Mrs. Arti Mukund Purohit.
5. What is the Grey Market Premium (GMP) for the IPO?
- As of October 1, 2024, the last GMP for the NeoPolitan Pizza and Foods SME IPO is ₹0. Therefore, the estimated listing price is ₹20, with an expected percentage gain/loss of 0.00%.
6. What are the company’s business segments?
- NeoPolitan Pizza and Foods operates in two main segments: the restaurant business and the trading of agricultural commodities. The company offers Italian pizzas made from fresh ingredients through its franchise model and trades products such as wheat, rice, tomatoes, and onions.
7. Where is NeoPolitan Pizza and Foods India located?
- The company is located at 434 & 435, SWC Hub, Opp. Rajpath Complex, Vasna Bhayli Road, Vadodara – 391410, Gujarat, India.
8. Has the company expanded its operations internationally?
- Yes, NeoPolitan Pizza and Foods has expanded its global footprint with an investment of $87,500 in its wholly-owned subsidiary, Neoindian Pizza Inc., located in the USA.
9. What is the expected performance of the IPO based on financials?
- Given the company’s financial performance, which includes a revenue increase from ₹20.05 crores in 2023 to ₹44.01 crores in 2024 and a profit rise from ₹1.17 crores to ₹2.101 crores in the same period, investors may consider applying for this IPO for long-term gains.
10. How can investors apply for the NeoPolitan Pizza and Foods India IPO?
Investors can apply for the IPO through their respective stock brokerage platforms, either online or via physical application forms.
