
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
Overall Subscription
181.84x
Total Demand
QIB Multiplier
68.06x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
154.50x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 916,000 | 62,344,000 | 68.06x |
| RETAIL | 1,644,000 | 254,004,000 | 154.50x |
| Total | 2,560,000 | 316,348,000 | 181.84x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 845 | 130,553 | 154.50x |
| HNIs (10L +) | 5 | 909 | 181.80x |
| HNIs (2-10L) | 26 | 4,728 | 181.85x |
| Total Applications | 876 | 136,190 | 155.47x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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 (GMP) for Leo DryFruits and Spices Trading Limited IPO is ₹16 per equity share. Based on the upper price band of ₹51 to ₹52 per equity share, the estimated listing price is ₹68 (+30.8% expected listing gain).
With a lot size of 2000 shares and current GMP of ₹16, the expected profit per application lot is approx ₹32,000 (+30.8% gain). Minimum application cost is approx ₹1,04,000.
The Leo DryFruits and Spices Trading Limited IPO aggregate issue size is ₹25.12 Crores with an equity price band set at ₹51 to ₹52 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,04,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 181.84x (Retail: 154.50x, QIB: 68.06x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2025-01-06. Investors can verify status using PAN card or application number.
Leo DryFruits and Spices Trading Limited shares are scheduled to list on BSE on 2025-01-08.