Chatha Foods Limited IPO
₹53 - ₹56
2000
19.28
| Open Date: | 19-Mar-2024 |
| Close Date: | 21-Mar-2024 |
| Allotment Date: | 26-Mar-2024 |
| Listing Date: | 27-Mar-2024 |
| Listing Price: | N/A |
| Face Value: | ₹10 Per Equity Share |
| Issue Price: | ₹53-56 Per Equity Share |
| Issue Size: | Total Issue Size 5,962,000 shares (aggregating up to ₹34.00 Cr) : Fresh Issue 5,962,000 shares (aggregating up to ₹34.00 Cr) |
| Market Lot (Min Amount): | Retail - ₹112,000 : HNI - ₹224,000 |
As on | QIB | Nll | Rll | Total |
|---|---|---|---|---|
| Shares Offered/Reserved | 1,132,000 | 850,000 | 1,982,000 | 3,964,000 |
| Day 1 - 19-03-24 05:00 PM | 0.87x | 1.84x | 1.40x | 1.34x |
| Day 2 - 20-03-24 05:00 PM | 0.87x | 2.18x | 3.49x | 2.46x |
| Day 3 - 21-03-24 05:00 PM | 8.54x | 44.52x | 14.60x | 19.28x |
| Total No. of Application: | 18,695 (Approx.) | |||
| Retail Subscription on the basis of Apps: | 18.86x | |||
| Earning Per Share(EPS) | ₹1.48/- |
| P/E Ratio | 37.76 |
| RoNW | 14.54% |
| Net Asset Value (NAV) - Post Issue: | ₹17.54/- |
| Total Assets | Total Revenue | Profit After Tax | |
|---|---|---|---|
| 31 Sep,2023 | 5,827.62 | 7,078.03 | 341.04 |
| 31 Mar,2023 | 5,141.94 | 11,724.23 | 245.20 |
| 31 Mar,2022 | 4,830.31 | 8,740.31 | 67.24 |
| 31 Mar,2021 | 4,330.28 | 6,119.03 | -400.35 |
| Pre Issue Share Holding | 81.36% |
| Post Issue Share Holding | N/A% |
| 1. Paramjit Singh Chatha |
| 2. Gurpreet Chatha |
| 3. Gurcharan Singh Gosal |
| 4. Anmoldeep Singh |
The net proceeds of the Issue, i.e. gross proceeds of the Issue less the Issue related expenses ("Net Proceeds") are proposed to be utilised for the following objects:
1. Setting up the Proposed Manufacturing Unit
2. General Corporate Purposes
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.
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Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.
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