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15 Days Price Change

Leo Dryfruits&Spices IPO

Closing In

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Profile
Issue Size --
Profile
Price Range 51  to  52 per share
Profile
Min Investment ₹52
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus --
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Leo Dryfruits & Spices Trading Limited was incorporated in November 2019 and specializes in manufacturing and trading a wide range of spices and dry fruits under the brand name VANDU, as well as frozen and semi-fried products under the brand "FRYD." The company offers products such as whole and blended spices, roasted and flavored dry fruits, ghee, seasonings, and other grocery items, all available in various packaging sizes. The company's operations are divided into two key segments: Trading of Products and Manufacturing and Processing of Spices. Its manufacturing facility is located in Thane, Maharashtra. Leo Dryfruits & Spices Trading operates across three business segments: B2B, B2C, and D2C. In the B2B segment, it wholesales whole spices and dry fruits in bulk to traders for unbranded resale. In the B2C segment, the company distributes its products, including whole and blended spices, dry fruits, and groceries under the VANDU brand, through distributors, super stockists, e-commerce platforms like Amazon and Flipkart, and its own website. In the D2C segment, it sells directly to consumers through its website and online platforms such as Amazon and Flipkart. Read More

Basic Info

Face Value 10 per share

Price 51  to  52 per share

P/E (x) 9

Sales( Cr.) 87

PAT( Cr.) 8

EPS 5.8

Draft Prospectus --

Exchange BSE-SME

Promoter

Company Promoters

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

Pre Issue Share Holding 100%

Post Issue Share Holding 74.88%

Listing Details:

Listing Price: 68

Listing Gain: 23.53%

Current Price: 54

Gain On Issue: 54 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Jan 01, 2025
Closing Date Jan 03, 2025
Allotment Jan 06, 2025
Refund Jan 07, 2025
Delivery of Shares Jan 07, 2025
Listing Date Jan 08, 2025

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 2000 104,000
Retail (Max) 1 2000 104,000
S-HNI (Min) 2 4000 208,000
S-HNI (Max) 9 18000 936,000
B-HNI (Min) 10 20000 1,040,000

Objective of the Issue

1. Funding working capital requirements of the company. 2. Branding, Advertisement and Marketing activities. 3.General corporate purposes.

Issue

Category Nos Bid Bid (x)
QIB 2415000 164364900 68.1x
NII 724500 285880455 394.6x
Retail 1690500 261182250 154.5x
EMP 0 0 0x
Total 4830000 877949100 181.8x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Leo Dryfruits&Spices Profit & Loss

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 5 36 62 87
Other Income 0 0 0 0
Total Income 5 36 62 87
Total Expenditure 5 30 51 72
Operating Profit 0 6 11 15
Interest 0 0 1 2
Depreciation 0 0 1 1
Exceptional Income / Expenses 0 0 0 0
Profit Before Tax 0 5 9 13
Provision for Tax 0 2 3 5
Profit After Tax 0 4 7 8
Adjustments 0 0 0 0
Profit After Adjustments 0 4 7 8
Adjusted Earnings Per Share 0 4 5.2 4.6

Leo Dryfruits&Spices Balance Sheet

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 1 5 34 64
Minority's Interest 0 0 0 0
Borrowings 6 7 1 3
Other Non-Current Liabilities 0 0 0 0
Total Current Liabilities 5 15 17 51
Total Liabilities 12 27 52 117
Fixed Assets 4 4 4 4
Other Non-Current Assets 0 1 0 1
Total Current Assets 8 22 48 112
Total Assets 12 27 52 117

Leo Dryfruits&Spices Cash Flow

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 1 0 0
Cash Flow from Operating Activities -3 -8 -14 -31
Cash Flow from Investing Activities -4 -1 -0 -1
Cash Flow from Financing Activities 7 9 15 32
Net Cash Inflow / Outflow 1 -1 0 0
Closing Cash & Cash Equivalent 1 0 0 0

Leo Dryfruits&Spices Ratios

# Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.01 4.01 5.15 4.56
CEPS(Rs) 0.01 4.49 5.54 4.85
DPS(Rs) 0 0 0 0
Book NAV/Share(Rs) 0.15 5.51 26.21 35.59
Core EBITDA Margin(%) 2.09 17.02 17.91 16.99
EBIT Margin(%) 2.09 15.9 17.26 16.45
Pre Tax Margin(%) 2.09 14.69 15.06 14.57
PAT Margin (%) 1.5 9.97 10.82 9.35
Cash Profit Margin (%) 1.51 11.17 11.63 9.94
ROA(%) 0.66 18.82 17.04 9.62
ROE(%) 5.79 114.23 34.31 16.68
ROCE(%) 1.49 41.78 33.67 22.41
Receivable days 192.63 50.96 87.49 198.26
Inventory Days 261.54 84.11 107.62 119.34
Payable days 314.75 52.89 35.48 89.65
PER(x) 0 0 0 11.94
Price/Book(x) 0 0 0 1.53
Dividend Yield(%) 0 0 0 0
EV/Net Sales(x) 1.24 0.45 0.36 1.36
EV/Core EBITDA(x) 59.27 2.66 1.97 7.96
Net Sales Growth(%) 0 592.06 70.6 40.45
EBIT Growth(%) 0 5173.43 85.16 33.83
PAT Growth(%) 0 4500.76 85.15 21.32
EPS Growth(%) 0 0 28.5 -11.43
Debt/Equity(x) 4.4 3.07 0.27 0.33
Current Ratio(x) 1.77 1.47 2.83 2.22
Quick Ratio(x) 0.95 0.59 1.45 1.56
Interest Cover(x) 0 13.09 7.84 8.75
Total Debt/Mcap(x) 0 0 0 0.22

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 40% 159% 0% 0%
Operating Profit CAGR 36% 0% 0% 0%
PAT CAGR 14% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -26% NA% NA% NA%
ROE Average 17% 55% 43% 43%
ROCE Average 22% 33% 25% 25%

Company Contact Information

Leo Dryfruits & Spices Trading Ltd.

A 812, Midc Khairane, Thane Belapur Rd T T C Industrial Area Koperkhairane

IPO Lead Manager(s)

Leo Dryfruits & Spices Trading Ltd.

SMC Capitals Ltd

Registrar Info

Leo Dryfruits & Spices Trading Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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