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IPO Synopsis


Neopolitan Pizza and Foods Ltd

Registered Office: 434 & 435 SWC Hub Opp Rajpath-,Complex Vasna Bhayli Road, Vadodara - 391410, Gujarat, India.
Phone : +91 95740 00428   Fax:
Email :  csneo@neopolitanpizza.in  
Website :  www.neopolitanpizza.in

Initial public offer of 60,00,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Neopolitan Pizza Limited (the "Company" or the "Issuer") for cash at a price of Rs. 20 per equity share, including a share premium of Rs. 10/- per equity share (the "Issue Price"), aggregating to Rs. 12.00 crores ("The Issue"), of which 3,00,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 20/- per equity share, aggregating to Rs. 0.60 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 57,00,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 20/- per equity share, aggregating to Rs. 11.40 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 35.29% and 33.53% respectively of the post issue paid-up equity share capital of the company. The face value of the equity share is Rs. 10/- each and the issue price is Rs. 20/- each i.e., 2.0 times of the face value of the equity shares. The minimum lot size is 6000 equity shares.e

Issue Money Payable On
Opens on Closes On Application Allotment
30-Sep-24 04-Oct-24 20.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 6000   Further Multiples of : 6000
  Rs(Cr.) Lead Managers to the Issue
Project Cost 11.70 Turnaround Corporate Advisors Pvt Ltd
Project Financed through Current Offer 12.00  
Post Issue Equity Share Capital 17.00  
Issue Price 20.00  

Project

  • Expansion of its Retail Network by launching 25 new Quick Service Restaurants (QSR)
  • Security deposit and advance rent
  • Brokerage charges
  • Working capital requirements
  • General corporate expenses

Promoted By

Mukund Purohit

Arti Mukund Purohit

Listing At

BSE - SME

Registrar to the Issue

Bigshare Services Pvt Ltd