Leo Dry Fruits and Spices Trading IPO
smelistedAbout the company
Leo Dry Fruits and Spices Trading manufactures, processes, and markets a wide range of spices, dry fruits, and grocery products under the brands "VANDU" and "FRYD." It operates in manufacturing (based in Thane, Maharashtra) and trading, offering products like spices, roasted dry fruits, ghee, and more. The company serves B2B, B2C, and D2C markets, including institutional sectors like Police and Naval Canteens. Focused on quality, it partners with Munchin Foods for domestic and international distribution and ensures rigorous quality control standards.
Strengths
Risks
Financial performance (₹ Cr)
Subscription breakup (final, times)
IPO Roadmap / Timeline
IPO Opens
Completed01 Jan 2025Bidding starts for all investor categories
IPO Closes
Completed03 Jan 2025Last day to place your bid
Basis of Allotment
Completed06 Jan 2025Share allotment finalised
Refund Initiation
Completed07 Jan 2025Refunds credited for non-allottees
Credit to Demat
Completed07 Jan 2025Allotted shares credited to demat account
Listing on Exchange
Completed08 Jan 2025Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
Lot size & minimum investment
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail / Individual | 1 | 2000 | ₹104,000 | 1 | ₹104,000 | 1 lot only |
| HNI | 2 | 4000 | ₹208,000 | 2 | ₹208,000 | Min 2 lots |
Shares reserved per category & allotment probability
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 2,427,185 | 12.5 | 0 | 0.00x | 100% |
| NII | 15% | 728,155 | 3.75 | 0 | 0.00x | 100% |
| Retail | 35% | 1,699,029 | 8.75 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).
