IPO Trending
VANDUSME / BSEListed
Leo DryFruits and Spices Trading

Incorporated in November 2019, Leo Dryfruits & Spices Trading Limited specializes in the manufacturing and trading of spices, dry fruits, and grocery items under its brands “VANDU” and “FRYD.” Operating from its Thane, Maharashtra facility, the company offers whole and blended spices, roasted and flavored dry fruits, ghee, seasonings, and frozen and semi-fried products in various packaging sizes. Leo Dryfruits serves three segments: B2B, wholesaling unbranded products to traders; B2C, selling branded items through distributors, super stockists, e-commerce platforms, and its website; and D2C, directly supplying customers via online channels. As of June 30, 2024, the company employed around 45 permanent staff to support its operations.

DRHPAnchor
₹51 - ₹52123.57x sub
Listed Price₹68.00
Listing Gain+30.77%

IPO Schedule & Timeline

Bookbuilding IPO
Open01 Jan 2025
Close03 Jan 2025
Allotment06 Jan 2025
Listing08 Jan 2025

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail16,44,000 shares
34.04%
Nii (hni) 7,00,000 shares
14.49%
Anchor13,24,000 shares
27.41%
QIB9,16,000 shares
18.96%
Market Maker2,46,000 shares
5.09%

Minimum Application Lots

Retail1 Lot (2,000 shares)
₹1,04,000
HNI2 Lots (4,000 shares)
₹2,08,000

Company Promoters

Mr. Kaushik Sobhagchand ShahMr Ketan Sobhagchand Shah Mr Parth Ashish Mehta.

Company Background

Incorporated in November 2019, Leo Dryfruits & Spices Trading Limited specializes in the manufacturing and trading of spices, dry fruits, and grocery items under its brands “VANDU” and “FRYD.” Operating from its Thane, Maharashtra facility, the company offers whole and blended spices, roasted and flavored dry fruits, ghee, seasonings, and frozen and semi-fri...

Lead Managers & Bankers

Share India Capital Services Private Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Sep-24)₹1788 Cr
Growth+239.3%
Revenue Trend (₹ in Crores)
0.02.4k4.8k7.2kMar-22Mar-23 Mar-24 Sep-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Sep-241,7881876,9891,670
Mar-24 6,2276645,235 915
Mar-23 3,6473632,6641537
Mar-2252781,199601

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Sep-241.435.23%6.26%00
Mar-24 5.2134.12%0%10.2314.02
Mar-234.01114.23%41.57%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
06 Jan 2025
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
08 Jan 2025

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Leo DryFruits and Spices Trading. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization06 Jan 2025Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date08 Jan 2025Trading commences on exchange

How to Check Leo DryFruits and Spices Trading Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Leo DryFruits and Spices Trading from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP
Official FilingANCHOR

Allotment FAQs & Help

About Leo DryFruits and Spices Trading IPO

Complete issue overview for Leo DryFruits and Spices Trading (VANDU) IPO. The issue features an equity share price band of ₹51 – ₹52 per share with a minimum retail lot size of 2000 Shares (minimum application amount of ₹1,04,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions