IPO > IPO details

< Back

NEOPOLITAN PIZZA AND FOODS

SME

Issue Price

₹20

per equity share

Issue Size

60 lakhs

equity share

Face Value

per equity share

Market Lot

6000

equity share

Please note

Listing at BSE

NEOPOLITAN PIZZA AND FOODS

Important Dates

IPO Open Date

30 Sep 2024

IPO Close Date

04 Oct 2024

Allotment Date

07 Oct 2024

Initiation of Refunds

08 Oct 2024

Credit of Shares to Demat Account

08 Oct 2024

IPO Listing Date

09 Oct 2024

UPI Mandate Expiry Date

04 Oct 2024

IPO Details

NeoPolitan Pizza and Foods IPO is open for subscription starting Monday, September 30, 2024, and closing on Friday, October 4, 2024. This upcoming IPO price is Rs 20 per share. The minimum lot size set for the retail category is 6000 shares. Meanwhile, the minimum lot size for the HNI category is 2 lots consisting of 12000 shares. The minimum investment required for retail category investors is Rs 1,20,000 (20 x 6000 shares). However, for the HNI category, the minimum investment amount required is Rs 2,24,000 (20 x 12000 shares). NeoPolitan Pizza and Foods IPO is a book-built issue of Rs 12 crores. This upcoming IPO is an entirely fresh issue of 60 lakh equity shares. The allotment for this new IPO is expected to be finalised on Monday, October 7, 2024. NeoPolitan Pizza and Foods IPO will be listed on BSE SME on Wednesday, October 9, 2024. Turnaround Corporate Advisors Private Limited is the book-running lead manager, Bigshare Services Private Limited is the registrar, and Mnm Stock Broking is the market maker for this IPO.

Don't let another opportunity slip away. Check your IPO status now!

Check Allotment Status

About NEOPOLITAN PIZZA AND FOODS

Neapolitan Pizza and Foods Limited were incorporated in 2011, and engaged in the business of quick service restaurants. The company’s business had two segments - restaurant operations and agricultural commodity trading. NeoPolitan Pizza and Foods owns and operates restaurants and also operates through a franchise model. It specialises in Neapolitan-style pizza made with fresh ingredients and offers a variety of toppings, including gluten-free and vegetarian options. The company offers a variety of soups, salads, bread, pasta, hand-tossed pizza, and desserts. The concept is family-oriented and kid-friendly. The company also trades agricultural commodities such as wheat, rice, tomatoes, and onions. The aim is to source high-quality products from trusted suppliers and offer them to customers at competitive prices. The company operated 21 restaurants in over 16 cities, spanning 2 states and union territories in India.

Parent Organisation

-

Founded

2011

Managing Director

Mukund Purohit

IPO Objectives

The net funds received from this IPO will be used for the expansion of the retail network by launching 16 new QSR. For paying security deposit, brokerage charges of the new restaurant funds will be used. The remaining funds will be used for working capital needs and fulfilling general corporate purposes.

How to apply for IPO

  • Login to your Bigul account and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a mandate notification to block funds in your UPI app
  • Approve the mandate request on your UPI and funds will be blocked
Close

Let's Open Free Demat Account