NeoPolitan Pizza and Foods IPO will open for subscription from 30 September 2024. The company aims for an issue size of ₹12.00 Cr through this IPO.
Company Overview
| Full name | NeoPolitan Pizza and Foods Limited |
| Sector | Hospitality |
| Industry | Restaurants |
| Company Website | https://www.neopolitanpizza.in/ |
About Company
Neopolitan Pizza and Foods operates in two key segments: the restaurant business and agricultural commodities trading. In the restaurant segment, the company owns and manages its outlets while expanding through a franchise model. It specializes in Neopolitan-style pizza, a traditional Italian pizza made with fresh ingredients. The menu features a wide range of toppings, along with gluten-free and vegetarian options.
Neapolitan Pizza is ISO 22000:2018 certified, offering a wide variety of soups, salads, bread, pasta, hand-tossed pizzas, and desserts. The concept is family-oriented and kid-friendly. In addition to its restaurant operations, Neapolitan Pizza and Foods trades agricultural commodities such as wheat, rice, tomatoes, and onions, aiming to source high-quality products from trusted suppliers and provide them to customers at competitive prices.
The company expanded its global footprint by investing USD 87,500 in its wholly-owned subsidiary, Neoindian Pizza Inc., based in the USA. As of 31 March 2024, the company operated 21 restaurants across 16 cities in 2 states and union territories in India. The total workforce, as of this date, consists of 33 employees, including Directors, permanent staff, and contract-based hires.
The Objectives of the Issue
- Expansion of the Retail Network by launching 16 new Quick Service Restaurants
- Security Deposit and Advance Rent
- Brokerage Charges
- Working Capital Requirements
- General Corporate Expenses
NeoPolitan Pizza and Foods IPO Timetable
| IPO Opening date | 30 September 2024 |
| IPO Closing | 04 October 2024 |
| Basis of Allotment | 07 October 2024 |
| Initiation Refund | 08 October 2024 |
| Credit to Demat Account | 08 October 2024 |
| Listing Date | 09 October 2024 |
NeoPolitan Pizza and Foods IPO details
| Issue type | Fixed Price Issue IPO |
| IPO issue size | ₹12.00 Cr – 6,000,000 shares |
| Fresh Issue | ₹12.00 Cr – 6,000,000 shares |
| Offer for sale | Nil |
| Face value | ₹10 per share |
| Offer Price | ₹20 per share |
| Lot size | 6000 Shares |
| Market Maker portion | 300,000 shares |
| Shareholding pre-issue | 11,000,000 |
| Shareholding post-issue | 17,000,000 |
| Listing Exchange | BSE SME |
NeoPolitan Pizza and Foods IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6000 | ₹120,000 |
| Retail (Max) | 1 | 6000 | ₹120,000 |
| HNI (Min) | 2 | 12,000 | ₹240,000 |
NeoPolitan Pizza and Foods Offer Documents
NeoPolitan Pizza and Foods IPO Reservation Details
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | – |
| Market Maker Shares Offered | 3,00,000 (5%) |
| Other Shares Offered | 28,50,000 (47.5%) |
| Retail Shares Offered | 28,50,000 (47.5%) |
| Total Shares Offered | 60,00,001 (100%) |
NeoPolitan Pizza and Foods Financial Performance
| FY 2022* | FY 2023* | FY 2024 | |
| Revenue | 16.30 | 20.04 | 44.00 |
| Expenses | 15.38 | 17.79 | 40.77 |
| Net income | 0.18 | 1.17 | 2.09 |
NeoPolitan Pizza and Foods Valuations & Margins
| FY 2022* | FY 2023* | FY 2024 | |
| EPS | 0.51 | 1.34 | 1.90 |
| PE ratio | – | – | 10.53 |
| RONW (%) | 2.28 | 8.45 | 13.15 |
| NAV | 9.27 | 12.56 | 14.46 |
| ROCE (%) | 4.65 | 12.66 | 17.06 |
| EBITDA (%) | 5.69 | 11.28 | 7.36 |
| Debt/Equity | 0.32 | 0.05 | 0.04 |
Company Promoters
- Mr. Mukund Purohit
- Mrs. Arti Mukund Purohit
Promoter Holding
| Pre Issue Share Holding | 72.68% |
| Post Issue Share Holding | 47.03% |
NeoPolitan Pizza and Foods Offer GMP Update
Coming Soon
NeoPolitan Pizza and Foods IPO Subscription Update
| Category | Non-retail | Retail | Total |
|---|---|---|---|
| Shares Offered | 28,50,000 | 28,50,000 | 57,00,000 |
| 4 Oct 2024 | 22.89 | 42.20 | 32.54 |
| 3 Oct 2024 | 2.64 | 20.49 | 11.57 |
| 1 Oct 2024 | 0.54 | 5.12 | 2.83 |
| 30 Sep 2024 | 0.12 | 1.54 | 0.83 |
NeoPolitan Pizza and Foods IPO Allotment Status
Neopolitan Pizza IPO allotment status will be available on Bigshare Services’ website. Click on this link to get allotment status.
NeoPolitan Pizza and Foods IPO Listing Details
| Listing Date | 09 October 2024 |
| BSE Scrip Code | Coming Soon |
| NSE Symbol | |
| ISIN | |
| Final Issue Price |
Listing Day Update
| Listing Exchange | BSE SME |
| Final Issue Price | Coming Soon |
| Open | |
| Low | |
| High | |
| Last Trade |
NeoPolitan Pizza and Foods IPO Lead Manager(s)
TURNAROUND CORPORATE ADVISORS PRIVATE LIMITED
614, Vishwadeep Building, Plot No. 4,
District Centre, Janak Puri, New Delhi – 110058
Phone: +91 -11-45510390, +91-11-41395590
Email: info@tcagroup.in
Website: www.tcagroup.in
NeoPolitan Pizza and Foods Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
NeoPolitan Pizza and Foods Contact Details
NEOPOLITAN PIZZA AND FOODS LIMITED
434 & 435, SWC Hub, Opp. Rajpath Complex,
Vasna Bhayli Road, Vadodara – 391410, Gujarat
Phone: +91 95740 00428
E-mail: csneo@neopolitanpizza.in
Website: www.neopolitanpizza.in
NeoPolitan Pizza and Foods IPO FAQs
What is Neopolitan Pizza and Foods IPO size?
Neopolitan Pizza offer size is ₹ 12 crore.
What is Neopolitan Pizza offer price band?
Neopolitan Pizza public offer price is ₹ 20 per share.
What is the lot size of Neopolitan Pizza IPO?
Neopolitan Pizza offer lot size is 6,000 shares.
What is Neopolitan Pizza IPO GMP today?
Neopolitan Pizza IPO GMP today is ₹ NA per share.
What is the Neopolitan Pizza kostak rate today?
Neopolitan Pizza kostak rate today is ₹ NA per application.
What is Neopolitan Pizza IPO Subject to Sauda rate today?
Neopolitan Pizza Subject to Sauda rate today is ₹ NA per application.
Final thoughts
NeoPolitan Pizza and Foods IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. Study the company well and subscribe if you feel good about it. I hope this post will give you enough details to research the company fundamentally. learn well and make wise decisions.
Happy Investing
