Minimum Investment
| Minimum Investment (Retail) | Lots (min) | Shares (QTY) |
| ₹1,04,000 | 1 | 2000 |
About Leo Dry Fruits and Spices Trading Ltd
Incorporated in November 2019, Leo Dryfruits & Spices Trading Limited specializes in manufacturing and trading a variety of spices and dry fruits under the brand VANDU as well as frozen and semi-fried products under “FRYD. The company supplies whole and blended spices, roasted and flavoured dry fruits, ghee, seasonings, and other grocery items in various packaging sizes.
The company’s business is divided into two verticals:-
- Trading of Products
- Manufacturing and Processing of Spices
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The company’s manufacturing unit is situated in Thane, Maharastra.
The company operates in three segments: B2B, B2C, and D2C.
- In the B2B segment, the company wholesales whole spices and dry fruits in bulk to traders for unbranded resale
- In the B2C segment, the company sells its products as whole spices, blended spices, dry fruits, and groceries under VANDU through distributors, super stockists, e-commerce platforms like Amazon and Flipkart, and its website.
- In the D2C segment, they sell directly to customers through its website and online channel partners such as Amazon, Flipkart etc.
As of September 30, 2024, the Company had approximately 46 permanent employees at various levels.
Competitive Strength:
- Experienced promoters and management team
- Diversified product portfolio
- In house manufacturing and processing capabilities
- Increased brand equity over the years.
- Wide spread customer base across various segments.
Leo Dry Fruits and Spices Trading Ltd IPO Details
| IPO Date | January 1, 2025 to January 3, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹51 to ₹52 per share |
| Lot Size | 2,000 Shares |
| Total Issue Size | 48,30,000 shares (aggregating up to ₹25.12 Cr) |
| Fresh Issue | 48,30,000 shares (aggregating up to ₹ 25.12 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,30,61,440 shares |
| Share Holding Post Issue | 1,78,91,440 shares |
| IPO Open Date | Wednesday, January 1, 2025 |
| IPO Close Date | Friday, January 3, 2025 |
| Basis of Allotment | Monday, January 6, 2025 |
| Initiation of Refunds | Tuesday, January 7, 2025 |
| Credit of Shares to Demat | Tuesday, January 7, 2025 |
| Listing Date | Wednesday, January 8, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 3, 2025 |
Leo Dry Fruits and Spices Trading Ltd IPO Prospectus
Leo Dry Fruits and Spices Trading Ltd Financial Snapshot (in Lakhs)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 6,988.78 | 5,234.95 | 2,664.01 | 1,198.64 |
| Revenue | 1,788.24 | 6,226.51 | 3,646.83 | 526.54 |
| Profit After Tax | 187.18 | 663.69 | 363.46 | 7.9 |
| Net Worth | 3,577.44 | 3,390.26 | 499.91 | 136.45 |
| Reserves and Surplus | 2,271.29 | 2,084.12 | 370.41 | 6.95 |
| Total Borrowing | 1,670.06 | 914.64 | 1,537.13 | 601 |
Leo Dry Fruits and Spices Trading Ltd Promoters Holding
Mr. Kaushik Sobhagchand Shah, Mr Ketan Sobhagchand Shah and Mr Parth Ashish Mehta
Leo Dry Fruits and Spices Trading Ltd Contact Details
Leo Dry Fruits and Spices Trading Ltd
A 812, MIDC Khairane, Thane Belapur Rd, TTC Industrial Area, Koperkhairane, Thane, 400705
Phone: + 91 9321126141
Email: info@leodryfruitsandspices.com
Website: https://leodryfruitsandspices.com/
