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SME IPO Status: Listed [19th Mar 2024 to 21st Mar 2024]
Chatha Foods IPO, a SME IPO of ₹34.00 Cr was launced on 19-03-2024 to 21-03-2024 and the shares got listed on BSE SME on 27-03-2024.
The public issue of Chatha Foods IPO (544151) was offered at ₹56.00 per share and the ipo was listed at ₹73.00. It has delivered listing gain of 30.36%.
As the minimum lot size was 2000 shares, the IPO has offered Rs 34000.00 per lot return on listing.
| SME IPO Issue Opening Date: | 19th Mar 2024 |
| SME IPO Issue Closing Date: | 21st Mar 2024 |
| SME IPO Issue Price: | ₹53.00-56.00 Per Share |
| DRHP: | Download DRHP |
| RHP: | Download RHP |
| Anchor List: | Download Anchor List |
| IPO Listing At: | BSE SME |
| Retail Quota: | Not less than 35% of the Issue |
| SME IPO Issue Type: | Book Build Issue |
| SME IPO Issue Size: | ₹34.00 Cr |
| Fresh Issue: | ₹34.00 Cr |
| Face Value: | ₹10 Per Equity Share |
| SME IPO Discount: | TBD |
| Promoter Holding Pre IPO: | 81.36% |
| Promoter Holding Post IPO: | |
| Allotment Status: | Allotment Status |
| BSE Code: | 544151 |
Get important updates regarding Chatha Foods SME IPO tentative timeline covering SME IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
| SME IPO Activity | Date |
|---|---|
| Basis of Allotment Date* | 26th Mar 2024 |
| Refunds Initiation* | 27th Mar 2024 |
| Credit of Shares to Demat* | 27th Mar 2024 |
| SME IPO Listing Date* | 27th Mar 2024 |
* - Tentative Dates
| SME IPO Activity | Date |
|---|---|
| Issue Price | ₹53.00-56.00 |
| Market Lot: | 2000 Shares |
| 1 Lot Amount: | ₹112000 |
| Min HNI Lots: | 4000 shares (2 lots) |
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Expected Listing Gain | Last Updated |
|---|---|---|---|---|---|
| 27-03-2024 | 56.00 | 10 | 15200 | ₹66 (17.86%) | 27-Mar-2024 10:23 |
Zerodha Trade@20
**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
Chatha Foods Limited was founded in October 1997. The company seeks to differentiate itself from its competitors by introducing new products, including the introduction of innovative flavours that target different consumer tastes and market trends, and by providing products that offer consumers value for money.
All products are manufactured at the production facility in Mohali district, which has a production capacity of around 7,839 tonnes for all frozen products and operates in two shifts per year. This allows us to effectively control the manufacturing process and ensure consistent product quality. The company's commitment to quality is demonstrated by the achievement of various certifications and approvals, including those from the U.S. Food and Drugs Administration, the British Retail Consortium (BRC - Issue 9), Halal certification and the Export Inspection Council.
CFL owns the product formula for all brands and ensures that complete turnkey solutions are offered to customers. Based on extensive research and testing, CFL offers customizable options at competitive prices. The company utilises its experienced team of food technologists and product designers to conceptualise the products’ unique brand identity.
| Incorporation | Sector | IPO Issue Size | Website |
| 1997 | Packaged Foods | ₹34.00 Cr | http://www.cfpl.net.in/ |
The net proceeds of the Issue, i.e. gross proceeds of the Issue less the Issue related expenses ("Net Proceeds") are proposed to be utilised for the following objects:
1. Setting up the Proposed Manufacturing Unit
2. General Corporate Purposes
The table below is live update of SME IPO bidding details from NSE and BSE.
| Day | QIB | NII | RII | Total | |
|---|---|---|---|---|---|
| # of Shares Offered | 1,132,000 (28.56%) | 850,000 (21.44%) | 1,982,000 (50%) | 3,964,000 | |
| 1 | 19th Mar 2024 19:04 | 0.87x | 1.84x | 1.40x | 1.34x |
| 2 | 20th Mar 2024 19:04 | 0.87x | 2.18x | 3.49x | 2.46x |
| 3 | 21st Mar 2024 18:23 | 8.54x | 44.52x | 14.60x | 19.28x |
Chatha Foods Limited's revenue increased by 34.14% and profit after tax (PAT) rose by 264.66% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 5,827.62 | 5,141.94 | 4,830.31 | 4,330.28 |
| Revenue | 7,078.03 | 11,724.23 | 8,740.31 | 6,119.03 |
| Profit After Tax | 341.04 | 245.20 | 67.24 | -400.35 |
| Net Worth | 2,516.15 | 2,175.12 | 1,929.93 | 1,862.68 |
| Reserves and Surplus | 862.66 | 935.00 | 689.81 | 622.56 |
| Total Borrowing | 987.96 | 1,060.19 | 1,101.33 | 1,065.03 |
| Amount in ₹ Lakhs | ||||
The table below show peer comparison from DRHP/RHP.
| Company | EPS Basic | EPS Diluted | NAV | P/E(x) | RoNW | Financial statements |
|---|---|---|---|---|---|---|
| Chatha Foods Limited | 1.48 | 1.48 | 17.54 | 37.76 | 14.54 | |
| Tasty Bite Eatables Ltd. | 117.73 | 948.92 | 114.23 | 12.41 |
Last Updated on 31-Mar-2024 07:02:59
Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Chatha Foods SME IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Chatha Foods SME IPO with Zerodha.
Alternate approch to apply in Chatha Foods SME IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.
Chatha Foods SME IPO Review and Important Updates
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To subscribe or apply in Chatha Foods SME IPO, you can use the following methods:
| Chatha Foods SME IPO Applying Mode | ||
| Online Application | 3-in-1 Trading Account | If your broker is 3-in-1 service provider, you can apply in Chatha Foods SME IPO directly with your brokers website. Example HDFC Sky, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment. |
| Online Application | 2-in-1 Trading Account | Brokers like Zerodha, TradeSmart Online provides access to applying in Chatha Foods SME IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online. |
| Online Application | ASBA | This is one of the most popular mode of applying in Chatha Foods SME IPO. Most of the Syndicate Banks provide access to apply in Chatha Foods IPO via ASBA process. You must have your net banking access, DP ID information to apply in Chatha Foods SME IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account. |
| Offline Application | Physical Form | You can apply in Chatha Foods SME IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app. |
Chatha Foods SME IPO Review and Important Updates
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Chatha Foods SME IPO is going to be list on 27-03-2024. BSE Code for Chatha Foods is 544151.
Other relevant questions:
When Chatha Foods SME IPO will be listing? Chatha Foods SME IPO BSE listing date?Chatha Foods SME IPO date of listing
Chatha Foods SME IPO Allotment Date is 26-03-2024.
Other relevant questions:
Chatha Foods SME IPO share allotment date?Chatha Foods SME IPO allotment date?
