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Leo Dry Fruits and Spices IPO Date GMP, Price & Analysis

Leo Dry Fruits and Spices IPO offers 48.30 lac shares at Rs.51-52. Find details on company financials, objectives, and IPO strengths before applying

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Leo Dry Fruits and Spices IPO Date GMP, Price & Analysis

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  1. Leo Dry Fruits and Spices IPO : Date GMP, Price & Analysis Leo Dry Fruits and Spices Trading Private Limited, an SME IPO, is set to launch its initial public o?ering (IPO) with a total issue size of Rs.25.12 crore (48.30 lakh shares). The company, which sells a wide range of spices and dry fruits under the VANDU brand, will be o?ering its shares at a price range of Rs.51 to Rs.52 per share. The IPO is scheduled to open on January 1, 2025, and close on January 3, 2025, with a listing date set for January 8, 2025, at the BSE SME. Leo Dry Fruits and Spices: Business Overview Leo Dry Fruits and Spices ipo, founded in 2019, operates across two main verticals: trading products and manufacturing/processing of spices. The company o?ers a variety of products such as whole and blended spices, roasted dry fruits, ghee, seasonings, and other grocery items. The company uses multiple distribution channels, including B2B, B2C, and D2C models, ensuring wide market reach through wholesalers, distributors, and direct-to-consumer sales via e-commerce platforms like Amazon and Flipkart. IPO Details Issue Size: Rs.25.12 crore (48.30 lakh shares) Price Range: Rs.51 to Rs.52 per share Face Value: Rs.10 per share Lot Size: 2,000 shares (Rs.104,000 minimum for retail investors) IPO Opening Date: January 1, 2025 IPO Closing Date: January 3, 2025

  2. Listing Date: January 8, 2025 Listing at: BSE SME Company Financials Leo Dry Fruits and Spices has shown strong growth, with a revenue increase of 71% and a profit after tax (PAT) rise of 83% in FY 2023-24. The company is backed by a solid manufacturing unit in Thane, Maharashtra, which helps support its diverse range of products. IPO Objective The proceeds from the IPO will be used for financing working capital, marketing and branding, and general corporate purposes. Leo Dry Fruits IPO GMP As of December 28, 2024, the Leo Dry Fruits and Spices IPO GMP (Grey Market Premium) is Rs.0. The listing price is expected to be Rs.52 based on the issue price. IPO Timetable (Tentative) IPO Opening Date: January 1, 2025 IPO Closing Date: January 3, 2025 IPO Allotment Date: January 6, 2025 Refund Initiation: January 7, 2025 IPO Listing Date: January 8, 2025 Investment Opportunity Leo Dry Fruits and Spices IPO o?ers a promising opportunity for investors in the food and spices sector. With a reasonable price range and a competitive P/E ratio of 9.98x compared to the industry’s average of 71.10x, this IPO could be an attractive investment option. Conclusion The Leo Dry Fruits IPO Review stands as an exciting SME o?ering with a diversified product catalog and strong regional presence. Despite a few risks, such as reliance on key personnel and regional dependence, the company's growth trajectory and pricing make it a solid investment option for those looking to invest in the food sector.

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