
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
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹56
Band: ₹53 – ₹56
Estimated Listing Price
₹66
Upper price + GMP
Lot Size
2000 shares
Min investment ₹1,12,000
Estimated Profit / Lot
₹20,000
2000 × ₹10
Grey Market Premium trend
+₹10
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹10 | 17.9% | ₹66 |
| 30 Oct 2026 | +₹10 | 17.9% | ₹66 |
| 29 Oct 2026 | +₹9 | 16.1% | ₹65 |
GMP is unofficial market data. Not a guarantee of listing performance.
Chatha Foods Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹34 Crores. The shares are offered at a price band of ₹53 to ₹56 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2024-03-21, the basis of allotment is scheduled to be finalized on 2024-03-22. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Skyline Financial Services Private Limited) or the BSE allotment checking window.
The latest grey market premium for Chatha Foods Limited IPO is ₹10, which indicates an expected listing price of ₹66.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.