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CHATHASME / BSEListed
Chatha Foods

Chatha Foods Limited (CFL), founded in 1997, has emerged as a key player in the frozen food processing industry, supplying a diverse range of over 70 meat-based products to Quick Service Restaurants (QSRs), Casual Dining Restaurants (CDRs), and the Hotel-Restaurant-Catering (HoReCa) sector. Operating under the brand Chatha Foods, CFL's portfolio includes Chicken Appetizers, Meat Patties, Sausages, Sliced Meat, and Toppings & Fillers, distributed through a network of 29 distributors across 32 cities, serving 126 mid-segment and standalone QSR brands. With a manufacturing facility in District Mohali boasting a production capacity of approximately 7,839 MT, the company ensures a steady supply to major clients such as Domino’s, Subway, Café Coffee Day, and Wok Express. The strategic investment by Negen Undiscovered Value Fund in 2023, acquiring a 10% stake, highlights CFL’s strong market position and growth potential. Backed by a workforce of 284 employees in fiscal year 2023, CFL remains dedicated to quality, innovation, and expanding its footprint in India's evolving frozen food market.

₹53 - ₹5619.36x sub
Listed Price₹73.00
Listing Gain+30.36%

IPO Schedule & Timeline

Book Built Issue IPO
Open19 Mar 2024
Close21 Mar 2024
Allotment22 Mar 2024
Listing27 Mar 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail19,82,000 shares
33.24%
Nii (hni) 8,50,000 shares
14.25%
Anchor16,98,000 shares
28.48%
QIB11,32,000 shares
18.98%
Market Maker2,99,999 shares
5.03%

Minimum Application Lots

Retail1 Lot (2,000 shares)
₹1,12,000
HNI2 Lots (4,000 shares)
₹2,24,000

Company Promoters

Paramjit Singh ChathaGurpreet ChathaGurcharan Singh GosalAnmoldeep Singh

Company Background

Chatha Foods Limited (CFL), founded in 1997, has emerged as a key player in the frozen food processing industry, supplying a diverse range of over 70 meat-based products to Quick Service Restaurants (QSRs), Casual Dining Restaurants (CDRs), and the Hotel-Restaurant-Catering (HoReCa) sector. Operating under the brand Chatha Foods, CFL's portfolio includes Chi...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Sep-23 )₹7078.03 Cr
Growth+15.7%
Revenue Trend (₹ in Crores)
0.04.5k9.0k13.5kMar-21Mar-22Mar-23 Sep-23
PeriodRev (Cr)PAT (Cr)AssetsDebt
Sep-23 7,078.03341.045,827.62987.96
Mar-23 11,724.23245.205,141.941,060.19
Mar-228,740.3167.244,830.311,101.33
Mar-216,119.03-400.354,330.281,065.03

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Sep-23 2.0614.54%14.81%3.6837.76
Mar-23 1.4811.95%13.43%00
Mar-220.413.55%6.11%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: Skyline Financial Services Private Limited

Allotment Finalized
Allotment Date
22 Mar 2024
Official Status
Out / Finalized
Registrar
Skyline Financial Services Private Limited
Listing Date
27 Mar 2024

Official Allotment Verification Links

Official Registrar Portal
Skyline Financial Services Private Limited

Direct allotment verification on the official registrar portal appointed for Chatha Foods. Check with PAN or Application No.

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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 Finalization22 Mar 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date27 Mar 2024Trading commences on exchange

How to Check Chatha Foods Allotment Online

1Open Portal

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2Select Company

Select Chatha Foods from the issue drop-down list.

3Enter Details

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4View Allocation

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Prospectus & Official Filings

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About Chatha Foods IPO

Complete issue overview for Chatha Foods (CHATHA) IPO. The issue features an equity share price band of ₹53 – ₹56 per share with a minimum retail lot size of 2000 Shares (minimum application amount of ₹1,12,000). 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