
Emerging SME Services · BSE
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.
Price Band
₹53 – ₹56
Issue Size
₹34.00 Cr
Lot Size
2000 shares
GMP
+17.9%
Est. Listing
₹66
at current GMP
Subscribed
19.36x
overall
Open
19 Mar 2024
Close
21 Mar 2024
Allotment
22 Mar 2024
Refund
23 Mar 2024
Demat Credit
24 Mar 2024
Listing
27 Mar 2024