Overview
Leo Dry Fruits and Spices IPO has become one of the most popular IPOs among investors due to its huge growth, good revenue, profit, and valuation in the industry. In this article, we will provide comprehensive information on Leo Dry Fruits IPO, covering all the information that investors need, first of all, essential details like subscription dates, IPO dates, price range, GMP updates, lot size, financial performance, valuation, and expert recommendations.
History and Milestone: Leo Dry Fruits & Spices
Leo Dry Fruits & Spices Company was established in November 2019.
And has been making significant progress in the dry fruits and spices industry and has achieved success today, Leo Dry Fruits Company’s service is that it operates under the brand name “Vandu” for spices and dry fruits and “FryD” for frozen and semi-fried products, the company caters to the needs of diverse customers.
IPO Key Dates
| Event | Date |
|---|---|
| Opening Date | January 1, 2025 |
| Closing Date | January 3, 2025 |
| Allotment Date | January 6, 2025 |
| Refund Initiation | January 7, 2025 |
| Credit to Demat Accounts | January 7, 2025 |
| Listing Date | January 8, 2025 |
IPO Price Band and Lot Size
| Detail | Information |
|---|---|
| Price Band | ₹51 to ₹52 per share |
| Minimum Lot Size | 2,000 shares |
| Minimum Investment for Retail Investors | ₹1,04,000 |
| HNI Minimum Investment | ₹2,08,000 (2 lots) |
Market Insights
Grey Market Premium (GMP) Updates
GMP indicators reflect market dynamics prior to listing so that they provide insight into the levels of demand and expect the market behavior once the stock gets listed. The key ones seem to be:
Positive GMP Trend: For the time being, the IPO of Leo Dry Fruits is witnessing a huge influx of demand, something that tells us that investors believe in the fundamentals and outlook of the company.
Caution on GMP Volatility: The level of GMP may not give consistent figures because they operate in speculative trades and depend on the market environment so it cannot be relied upon as a performance metric.
Supplementary Analysis: Aside from analyzing the GMP, it is necessary to evaluate the company’s financial results, its competitiveness in the market, and the trends of the industry.
Subscription Details
The IPO’s subscription status provides insights into investor interest:
- Retail Investors: Minimum 35% allocation
- Qualified Institutional Buyers (QIBs): Up to 50%
- Non-Institutional Investors (NIIs): At least 15%
By day by day subscription updates, you will learn how trends are evolving, for instance how the number of oversubscription has changed by categories.
Financial Performance & Valuation
- Revenue Growth: FY 2023 to FY 2024 ₹36.44 crores to ₹62.17 crores
- Profit Growth: From ₹3. 63 crores to ₹6. 64 crores.
Key Metrics:
- Return on Equity (ROE): 34.12%
- EBITDA Margin: 17.91%
- Debt-to-Equity Ratio: 0.27
The analysts say the company’s valuation is fair and does have potential to return long term gains due to consistent financial performance and positioning in the market.
Strengths and Risks of Investing
- Acceptable dry fruits and spices demand in domestic and international market.
- B2B, B2C, and D2C diversified operations.
- An established supply chain, experienced management.
- FMCG sector has very high competition.
- Volatility of price in raw materials.
- Revenue consistency dependent on seasonal dependency.
Expert Review & Recommendations
As a market analyst and financial expert we recommend Leo Dry Fruits IPO to make a long term investment. Retail investors should stay focused on diversification, rely on IPO listing gains and the idea that the companies can continue to grow.
Step by step on How to Apply for Leo Dry Fruits IPO.
Via ASBA:
- Go to your net banking account login.
- Choose IPO application.
- Go to select Leo Dry Fruits IPO and enter the bid details.
Via UPI:
- Apply using your broker’s platform.
- UPI mandate confirmation must be done by 5 PM on 3 Jan 25, 2025.
Leo Dry Fruits and Spices Trading Ltd Statement, Balance Sheet
Post-IPO Analysis
Conclusion
FAQs
What is the Leo Dry Fruits IPO GMP today?
When is the Leo Dry Fruits IPO allotment date?
January 6, 2025.
Pingback: How to Buy Adani Wilmar Shares: Easy Step-by-Step Guide