NeoPolitan Pizza and Foods’ IPO subscription status began on Monday, September 30, 2024, and will end on October 4, 2024. NeoPolitan Pizza and Foods plans to raise around ₹12.00 crores through an IPO. The retail quota is 50%, the QIB is 0%, and the NII is 50%. The price band is set at ₹20 per equity share.
The IPO price range for NeoPolitan Pizza and Foods is ₹20 per share. HNI is 50%, QIB is 0%, and the retail quota is 50%. On October 9, 2024, NeoPolitan Pizza and Foods IPO will list on the BSE. The October 7, 2024, IPO date of NeoPolitan Pizza and Foods India has been allocated. In 2024, the company’s revenue was ₹44.01 crore, up from ₹20.05 crore in 2023. In 2024, the company’s profit was ₹2.101 crores, compared to ₹1.17 crores in 2023. Investors in the IPO should apply for a lengthy term, according to the financials.
NeoPolitan Pizza and Foods IPO Details
| IPO Open Date | September 30, 2024 |
| IPO Close Date | October 4, 2024 |
| Listing Date | Wednesday, October 9, 2024 |
| Face Value | ₹10 per share |
| Price | ₹20 per share |
| Lot Size | 6000 Shares |
| Total Issue Size | 6,000,000 shares
(aggregating up to ₹12.00 Cr) |
| Fresh Issue | 6,000,000 shares
(aggregating up to ₹12.00 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
NeoPolitan Pizza and Foods Financials
NeoPolitan Pizza and Foods Limited’s revenue increased by 120%, while profit after tax (PAT) increased by 80% between March 31, 2024 and March 31, 2023.
| FY 2024 | |
| Assets | 2,040.5 |
| Revenue | 4,401.07 |
| Profit After Tax | 210.72 |
| Net Worth | 1,590.86 |
| ROE | 13.23% |
| ROCE | 17.17% |
| Debt/Equity | 0.04 |
| RoNW | 13.15% |
| PAT Margin (%) | 4.75 |
About the Company – NeoPolitan Pizza and Foods
Neopolitan Pizza And Foods Limited works in two business segments: restaurants and agricultural commodities trading. In the restaurant industry, the company owns and operates its own restaurants as well as uses a franchising model. The company serves Neopolitan-style pizza, a traditional Italian pizza created from fresh ingredients.
The company sells wheat, rice, tomatoes, onions, and other items. The trading section of the company seeks to obtain high-quality agricultural products from reputable suppliers and sell them to clients at affordable prices.
