
Consumer Services · BSE
Neopolitan Pizza And Foods Limited, incorporated in February 2011, operates two main business segments: restaurants and agricultural commodity trading. The company offers Neapolitan-style pizza made with fresh ingredients along with a range of soups, salads, pasta, bread, desserts, and options for vegetarians and gluten-free customers. Its restaurants are family-friendly, ISO 22000:2018 certified, and operate through both company-owned and franchise outlets, with 21 stores across 16 cities in India as of March 31, 2024. In addition to the food business, the company trades agricultural products such as wheat, rice, tomatoes, and onions, sourcing quality products from trusted suppliers. To expand internationally, Neopolitan Pizza has also invested USD 87,500 in its wholly-owned U.S. subsidiary, Neoindian Pizza Inc.
Price Band
₹20
Issue Size
₹12.00 Cr
Lot Size
6000 shares
GMP
Est. Listing
₹20
at current GMP
Subscribed
31.73x
overall
Open
30 Sep 2024
Close
4 Oct 2024
Allotment
7 Oct 2024
Refund
8 Oct 2024
Demat Credit
9 Oct 2024
Listing
9 Oct 2024
Designated Registrar: Bigshare Services Private Limited
Allotment Date
7 Oct 2024
Basis finalization
Refunds Initiate
8 Oct 2024
Mandate release
Demat Credit
9 Oct 2024
Shares in demat
Listing Debut
9 Oct 2024
Trading begins
NeoPolitan Pizza and Foods Limited is bringing an initial public offering (IPO) in the Consumer Services sector with an aggregate issue size of ₹12 Crores. The shares are offered at a price band of ₹20 to ₹20 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 2024-10-04, the basis of allotment is scheduled to be finalized on 2024-10-07. 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 (Bigshare Services Private Limited) or the BSE allotment checking window.
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.