IPO

Chatha Foods Limited IPO

BSE SME

Listed On: Mar 27, 2024 at ₹ 73.0

₹ 112000 /2000 Shares

Check Allotment

Chatha Foods Limited IPO Details

19 Mar, 2024

Open Date

21 Mar, 2024

Close Date

22 Mar, 2024

Allotment Date

27 Mar, 2024

Listing Date

Issue Price

₹53-56 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Skyline Financial Services Private Ltd

List Price

73.0

Listing Date

2024-03-27

Market Lot

2000 Shares (₹112,000/-)

Lead Manager

Indorient Financial Services Ltd

Issue Size

5,962,000 shares(aggregating up to ₹34.00 Cr)

Retail Portion

35%

Subscription

19.28 times

IPO Docs

DRHP RHP ANCHOR

Chatha Foods Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved1,132,000 / 850,0001,982,0003,964,000
Day 1 - 19-03-24 06:00 PM0.87 / 1.84 x1.40 x1.34 x
Day 2 - 20-03-24 06:00 PM0.87 / 2.18 x3.49 x2.46 x
Day 3 - 21-03-24 06:00 PM8.54 / 44.52 x14.60 x19.28 x
Total No. of Applications: 18,695 (Approx)

Chatha Foods Limited Valuations

EPS Pre IPO

₹1.48/-

EPS Post IPO

₹3.03/-

P/E Pre IPO

37.76

P/E Post IPO

18.47

RoNW

14.54%

Chatha Foods Limited Company Financials All values are in ₹ Lakh

31-Mar-2331-Mar-2231-Mar-21
Assets5,141.944,830.314,330.28
Revenue11,724.238,740.316,119.03
Profit After Tax245.2067.24-400.35

About The Company

Chatha Foods Limited (CFL) is a frozen food processor. The company offers frozen food products to top QSRs (Quick Serving Restaurants), CDRs (Casual Dining Restaurants), and other players in the HoReCa (Hotel-Restaurant-Catering) segment. Chatha Foods' product portfolio includes Chicken Appetizers, Meat Patties, Chicken Sausages, Sliced Meat, Toppings & Fillers and more. The company produces more than 70 meat products.

The company sells products under the brand Chatha Foods and distributes through the network of 29 distributors covering 32 cities across India and catering to the needs of 126 mid-segment & standalone small QSR brands.

Chatha Foods Limited has a Manufacturing Facility, located in District Mohali, with a production capacity of approximately 7,839 MT for all the frozen food products.

The company is serving top QSRs, CDRs and other players in the Hotel-Restaurant-Catering segment like Domino's & Subway's India franchise, Café Coffee Day, Wok Express, etc.

Negen Undiscovered Value Fund invested in the Company in 2023 and holds a 10% stake. The company has 284 employees in fiscal year 2023.

Read More

Chatha Foods Limited - Promoter(s)

Pre Issue Share Holding: 81.36%

Post Issue Share Holding: %

Company Promoter(s)

  1. Paramjit Singh Chatha
  2. Gurpreet Chatha
  3. Gurcharan Singh Gosal
  4. Anmoldeep Singh

Chatha Foods Limited IPO - Issue Objectives

  1. Setting up the Proposed Manufacturing Unit
  2. General Corporate Purposes

Chatha Foods Limited IPO - FAQs

Ans. Chatha Foods Limited IPO is a SME IPO. The issue is priced at ₹53-56 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Mar 19, 2024, and closes on Mar 21, 2024. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Chatha Foods Limited IPO opens on Mar 19, 2024 and closes on Mar 21, 2024.

Ans. The size of Chatha Foods Limited IPO is 5,962,000 shares(aggregating up to ₹34.00 Cr).

Ans. The IPO price band is set between ₹53-56 per equity share.

Ans. To apply for Chatha Foods Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Chatha Foods Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Chatha Foods Limited IPO is Mar 22, 2024.

Ans. The Chatha Foods Limited IPO will be listed on Mar 27, 2024.

Ans. Follow the steps to check the allotment status for Chatha Foods Limited IPO here.