
Consumer Staples / Food & Beverages · BSE
Incorporated in November 2019, Leo Dryfruits & Spices Trading Limited specializes in the manufacturing and trading of spices, dry fruits, and grocery items under its brands “VANDU” and “FRYD.” Operating from its Thane, Maharashtra facility, the company offers whole and blended spices, roasted and flavored dry fruits, ghee, seasonings, and frozen and semi-fried products in various packaging sizes. Leo Dryfruits serves three segments: B2B, wholesaling unbranded products to traders; B2C, selling branded items through distributors, super stockists, e-commerce platforms, and its website; and D2C, directly supplying customers via online channels. As of June 30, 2024, the company employed around 45 permanent staff to support its operations.
Price Band
₹51 – ₹52
Issue Size
₹25.12 Cr
Lot Size
2000 shares
GMP
+30.8%
Est. Listing
₹68
at current GMP
Subscribed
181.84x
overall
Open
1 Jan 2025
Close
3 Jan 2025
Allotment
6 Jan 2025
Refund
7 Jan 2025
Demat Credit
8 Jan 2025
Listing
8 Jan 2025
Designated Registrar: Bigshare Services Private Limited
Allotment Date
6 Jan 2025
Basis finalization
Refunds Initiate
7 Jan 2025
Mandate release
Demat Credit
8 Jan 2025
Shares in demat
Listing Debut
8 Jan 2025
Trading begins
Leo DryFruits and Spices Trading Limited is bringing an initial public offering (IPO) in the Consumer Staples / Food & Beverages sector with an aggregate issue size of ₹25.12 Crores. The shares are offered at a price band of ₹51 to ₹52 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,04,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-01-08, while un-allotted funds or UPI block mandates will be released on 2025-01-07.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.