
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
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹52
Band: ₹51 – ₹52
Estimated Listing Price
₹68
Upper price + GMP
Lot Size
2000 shares
Min investment ₹1,04,000
Estimated Profit / Lot
₹32,000
2000 × ₹16
Grey Market Premium trend
+₹16
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹16 | 30.8% | ₹68 |
| 30 Oct 2026 | +₹16 | 30.8% | ₹68 |
| 29 Oct 2026 | +₹14 | 27.7% | ₹66 |
GMP is unofficial market data. Not a guarantee of listing performance.
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.
The latest grey market premium for Leo DryFruits and Spices Trading Limited IPO is ₹16, which indicates an expected listing price of ₹68.
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.