NeoPolitan Pizza and Foods Limited IPO Overview
NeoPolitan Pizza and Foods Limited IPO Important dates
NeoPolitan Pizza and Foods IPO opens on September 30, 2024, and closes on October 4, 2024.
| IPO Open Date | Monday, September 30, 2024 |
| IPO Close Date | Friday, October 4, 2024 |
| Basis of Allotment | Monday, October 7, 2024 |
| Initiation of Refunds | Tuesday, October 8, 2024 |
| Credit of Shares to Demat | Tuesday, October 8, 2024 |
| Listing Date | Wednesday, October 9, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on October 4, 2024 |
NeoPolitan Pizza and Foods Limited Financial Performance
NeoPolitan Pizza and Foods Limited’s revenue increased by 120% and profit after tax (PAT) rose by 80% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | ₹204.05 crore | ₹181.16 crore | ₹130.09 crore |
| Revenue | ₹440.11 crore | ₹200.46 crore | ₹163.08 crore |
| Profit After Tax (PAT) | ₹21.07 crore | ₹11.68 crore | ₹1.84 crore |
| Net Worth | ₹159.09 crore | ₹138.16 crore | ₹80.74 crore |
| Reserves and Surplus | ₹49.23 crore | ₹28.16 crore | ₹-6.39 crore |
| Total Borrowing | ₹5.92 crore | ₹6.88 crore | ₹25.95 crore |
NeoPolitan Pizza and Foods Limited IPO Key Performance Indicator
The market capitalization of NeoPolitan Pizza and Foods IPO is Rs 34 Cr. KPI as of March 31, 2024.
| KPI | Values |
|---|---|
| ROE | 13.23% |
| ROCE | 17.17% |
| Debt/Equity | 0.04 |
| RoNW | 13.15% |
| PAT Margin (%) | 4.75 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 1.92 | 1.24 |
| P/E (x) | 10.44 | 16.14 |
NeoPolitan Pizza and Foods Limited IPO Objectives
The company proposes to utilize the funds being raised through this Issue towards the objects mentioned below.
- 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 Limited IPO Lot Size
Investors can bid for a minimum of 6000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| 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 Limited IPO Details
| IPO Date | September 30, 2024 to October 4, 2024 |
| Listing Date | [October 9, 2024] |
| Face Value | ₹10 per share |
| Price | ₹20 per share |
| Lot Size | 6000 Shares |
| Total Issue Size | 6,000,000 shares (aggregating up to ₹12.00 Cr) |
| Fresh Issue | 6,000,000 shares (aggregating up to ₹12.00 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Shareholding pre issue | 11,000,000 |
| Shareholding post issue | 17,000,000 |
| Market Maker portion | 300,000 shares |
NeoPolitan Pizza and Foods Limited Company Overview and Services
Incorporation and Business Segments
Founded in February 2011, NeoPolitan Pizza And Foods Limited operates two key segments: restaurant services and agricultural commodity trading. The company owns and manages restaurants while also operating through a franchise model.
Restaurant Operations
NeoPolitan specializes in authentic Neapolitan-style pizzas made from fresh ingredients and offers a diverse menu including gluten-free and vegetarian options. Its offerings range from soups, salads, and pasta to hand-tossed pizzas and desserts, catering to family-friendly and kid-oriented dining experiences. The company is ISO 22000:2018 certified, ensuring top-quality standards across its outlets.
Agricultural Trading
In addition to restaurant operations, NeoPolitan Pizza And Foods Limited engages in the trading of agricultural commodities like wheat, rice, tomatoes, and onions, sourcing high-quality products from reliable suppliers at competitive prices.
Global Expansion
The company expanded its footprint by investing $87,500 in its wholly-owned subsidiary, Neoindian Pizza Inc., based in the USA. As of March 31, 2024, NeoPolitan operated 21 restaurants across 16 cities in two Indian states and union territories.
Competitive Strengths
- Authentic Cuisine: The company is renowned for its traditional Neapolitan-style pizza made with authentic techniques.
- Diverse Menu: Offers a wide range of options, catering to various dietary preferences.
- Brand Identity: Strong and consistent branding across all locations and marketing platforms.
- Technology Integration: Embraces technology for online ordering, delivery tracking, and customer feedback.
- Customer Service: Focuses on exceptional customer service through well-trained staff, ensuring a positive dining experience that builds customer loyalty.
This blend of operational excellence, diverse offerings, and strong customer focus positions NeoPolitan Pizza And Foods Limited as a competitive player in the restaurant industry.
NeoPolitan Pizza and Foods Limited IPO SWOT Analysis
Strengths
- Strong Brand Identity: Known for its authentic Neapolitan-style pizza and consistent branding across all outlets, NeoPolitan has built a loyal customer base.
- Diverse Menu: The company caters to a variety of dietary preferences, including gluten-free and vegetarian options, expanding its market reach.
- Franchise Model: Operating both company-owned and franchised restaurants allows for scalability and reduced operational burden.
- ISO Certification: ISO 22000:2018 certification reinforces its commitment to quality and food safety standards.
- Global Expansion: Investment in a U.S.-based subsidiary enhances the company’s international footprint, offering potential for further growth.
- Technology Integration: Use of online ordering, delivery tracking, and customer feedback systems boosts operational efficiency and customer satisfaction.
Weaknesses
- High Operational Costs: Running multiple outlets and managing franchise operations could lead to high operational and logistical costs.
- Dependency on Raw Material Quality: The company’s agricultural trading segment depends on sourcing high-quality commodities, which could be affected by market fluctuations.
- Limited Geographic Presence: Although expanding, the current restaurant operations are limited to a few states and cities in India, with slow growth in the global market.
Opportunities
- Growing Demand for Healthy Eating: With rising awareness of healthier food choices, NeoPolitan’s menu of gluten-free and vegetarian options positions it to capitalize on this trend.
- Franchise Expansion: Expanding the franchise model domestically and internationally could significantly boost its presence and revenue.
- Expansion into New Markets: Continued growth in international markets, especially through its U.S. subsidiary, can drive revenue and brand recognition.
- Increasing Online Food Delivery: The growing online food delivery market provides an opportunity for NeoPolitan to strengthen its digital presence and expand customer reach.
Threats
- Intense Competition: The restaurant and fast-food industry is highly competitive, with local and global players offering similar products.
- Changing Consumer Preferences: Rapid shifts in consumer tastes could affect demand for certain menu items, requiring constant adaptation.
- Supply Chain Disruptions: Agricultural trading is vulnerable to supply chain disruptions, which can impact the availability and cost of key ingredients.
- Economic Slowdowns: Economic challenges or inflation could impact consumer spending on dining out, reducing the company’s revenue potential.
NeoPolitan Pizza and Foods Limited IPO GMP Details
NeoPolitan Pizza and Foods SME IPO last GMP is ₹0, last updated Sep 30th 2024. With the price band of 20.00, NeoPolitan Pizza and Foods SME IPO’s estimated listing price is ₹20 (cap price + today’s GMP).The expected percentage gain/loss per share is 0.00%. Stay with us to know the daily price trend of NeoPolitan Pizza and Foods SME IPO GMP with expected listing price.
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Estimated Listing Price | Last Updated |
|---|---|---|---|---|---|
| 04-10-2024 Close | 20.00 | ₹0  |
— | ₹20 (0%) | 4-Oct-2024 |
| 03-10-2024 | 20.00 | ₹0 |
— | ₹20 (0%) | 3-Oct-2024 |
| 02-10-2024 | 20.00 | ₹0 |
— | ₹20 (0%) | 2-Oct-2024 |
| 01-10-2024 | 20.00 | ₹0 |
— | ₹20 (0%) | 1-Oct-2024 |
| 30-09-2024 Open | 20.00 | ₹0 |
— | ₹20 (0%) | 30-Sep-2024 |
| 29-09-2024 | 20.00 | ₹0 |
— | ₹20 (0%) | 29-Sep-2024 |
| 28-09-2024 | 20.00 | ₹0 |
— | ₹20 (0%) | 28-Sep-2024 |
| 27-09-2024 | 20.00 | ₹0 |
— | ₹20 (0%) | 27-Sep-2024 |
NeoPolitan Pizza and Foods Limited IPO subscription status
NeoPolitan Pizza and Foods IPO subscribed 9.42 times. The public issue subscribed 16.90 times in the retail category, 1.94 times in Other category by October 3, 2024.
| Investor Category | Subscription (times) | Shares Offered | Shares Bid for | Total Amount (Rs Cr.)* |
|---|---|---|---|---|
| Others | 1.94 | 2,850,000 | 55,38,000 | 11.08 |
| Retail Investors | 16.90 | 2,850,000 | 4,81,56,000 | 96.31 |
| Total * | 9.42 | 5,700,001 | 5,36,94,000 | 107.39 |
Total Application : 18,522 (38.99 times)
Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.
* Market Maker portion of 300,000 equity shares not included.
NeoPolitan Pizza and Foods IPO (Day-wise) Subscription Details (times)
| Date | Other | Retail | Total |
|---|---|---|---|
| Day 1 September 30, 2024 |
0.12 | 1.54 | 0.83 |
| Day 2 October 1, 2024 |
0.44 | 5.12 | 2.78 |
| Day 3 October 3, 2024 |
1.94 | 16.90 | 9.42 |
| Investor Category | Subscription (times) | Shares Offered* | Shares bid for | Total Amount (Rs Cr.)* |
|---|---|---|---|---|
| Non-Institutional Buyers*** | 0.12 | 28,50,000 | 3,36,000 | 0.67 |
| Retail Investors | 1.41 | 28,50,000 | 40,32,000 | 8.06 |
| Total ** | 0.77 | 57,00,001 | 43,68,000 | 8.74 |
Total Application : 3,721
Note:
-
*: “Shares Offered” and “Total Amount” are calculated based on the upper price of the issue price range.
-
**: The portion of anchor investors (or market makers) is not included in the total number of shares offered.
- ***: Market Maker portion is not included to NII/HNI.
NeoPolitan Pizza and Foods IPO Subscription Details (times)
| Date | NII* | Retail | Total |
|---|---|---|---|
| Day 1 Sep 30, 2024 |
0.12 | 1.41 | 0.77 |
NeoPolitan Pizza and Foods Limited IPO Allotment status
The allotment status of NeoPolitan Pizza and Foods IPO is expected to be available on October 7, 2024.
NeoPolitan Pizza and Foods IPO allotment status is not available at this time. NeoPolitan Pizza and Foods IPO – The allotment status will be available once the basis of allotment is finalized. Please revisit us to check the latest updates for NeoPolitan Pizza and Foods Limited IPO allotment status.
To check NeoPolitan Pizza and Foods IPO allotment status, follow the steps below:
- Click on the below allotment status check button.
- Select Company Name.
- Enter your PAN Number, Application Number or DP Client ID (Anyone).
- Click on Search.
On securing the allotment, you will receive the credit of equivalent shares in your Demat account.
If you have any concerns or queries about the allotment status, contact Bigshare Services Pvt Ltd either by phone or email. Investors can call on +91-22-6263 8200 or send an email with all relevant details to ipo@bigshareonline.com.
NeoPolitan Pizza and Foods Limited Contact Details
434 & 435, SWC Hub
Opp. Rajpath Complex, Vasna Bhayli Road
Vadodara � 391410
Phone: +91 95740 00428
Email: csneo@neopolitanpizza.in
Website: https://www.neopolitanpizza.in/
Want to Raise money for your company through SME IPO? Read More
![[object Object]](/_next/image?url=https%3A%2F%2Fcms.msmestory.com%2Fwp-content%2Fuploads%2F2024%2F10%2FPremium-Plast-Limited-IPO.png&w=3840&q=75)
![[object Object]](/_next/image?url=https%3A%2F%2Fcms.msmestory.com%2Fwp-content%2Fuploads%2F2024%2F10%2FUsha-Financial-Services-Limited-IPO.png&w=3840&q=75)
![[object Object]](/_next/image?url=https%3A%2F%2Fcms.msmestory.com%2Fwp-content%2Fuploads%2F2024%2F10%2FFreshara-Agro-Exports-IPO.png&w=3840&q=75)
![[object Object]](/_next/image?url=https%3A%2F%2Fcms.msmestory.com%2Fwp-content%2Fuploads%2F2024%2F10%2FLakshya-Powertech-IPO-Subscription-Details.png&w=3840&q=75)
