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Open
19 Mar 2024
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Close
21 Mar 2024
3
Allotment
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Listing
Wed, Mar 27, 2024
Price Band
₹53 to ₹56
Issue Size
59,62,000 shares (agg. up to ₹33 Cr)
Lot Size
2,000 Shares
Listing Date
Wed, Mar 27, 2024
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 13.78x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 58.28 | 51.42 | 48.30 | 43.30 |
| Total Income | 70.78 | 117.24 | 87.40 | 61.19 |
| Profit After Tax | 3.41 | 2.45 | 0.67 | -4.00 |
| NET Worth | 25.16 | 21.75 | 19.30 | 18.63 |
| Reserves and Surplus | 8.63 | 9.35 | 6.90 | 6.23 |
| Total Borrowing | 9.88 | 10.60 | 11.01 | 10.65 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Italian Edibles Ltd. | SME | ₹26.66 Cr | ₹68 | 27.94 | ₹57.75 | -15.07% | ₹35.00 (-2.78%) |
| Sonalis Consumer Products Ltd. | SME | ₹2.83 Cr | ₹30 | 6.56 | ₹39.90 | +33.00% | ₹37.81 (-3.03%) |
| Gopal Snacks Ltd. | Mainboard | ₹650.00 Cr | ₹401 | 44.47 | ₹362.70 | -9.55% | ₹266.75 (+1.87%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up the Proposed Manufacturing Unit | 24.11 |
| 2 | General Corporate Purposes | 4.47 |
About Chatha Foods IPO
Incorporated in 1997, Chatha Foods Limited (CFL) is a frozen food processor. The company offers frozen food products to top QSRs (Quick Serving Restaurants), CDRs (Casual Dining Restaurants), and other players in the HoReCa (Hotel-Restaurant-Catering) segment. Chatha Foods' product portfolio includes Chicken Appetizers, Meat Patties, Chicken Sausages, Sliced Meat, Toppings & Fillers and more. The company produces more than 70 meat products. The company sells products under the brand Chatha Foods and distributes through the network of 29 distributors covering 32 cities across India and catering to the needs of 126 mid-segment & standalone small QSR brands. Chatha Foods Limited has a Manufacturing Facility, located in District Mohali, with a production capacity of approximately 7,839 MT for all the frozen food products. The company is serving top QSRs, CDRs and other players in the Hotel-Restaurant-Catering segment like Domino's & Subway's India franchise, Café Coffee Day, Wok Express, etc. Negen Undiscovered Value Fund invested in the Company in 2023 and holds a 10% stake. The company has 284 employees in fiscal year 2023.+ Read More
Contact Details
Chatha Foods Ltd. Address272, Mota Singh NagarJalandharJalandhar, Punjab, 144001+ 91 18146 16381cs@cfpl.net.inVisit Website