IPO

Chatha Foods Ltd. IPO

Chatha Foods Ltd., established in 1997, operates in the Food Processing & Packaging sector. The company's IPO opened on March 19, 2024 and closed on March 21, 2024, with an issue price of ₹56. The ... Read more

Min Investment
₹ 1,12,000 / 2000 shares
Price Range
₹53 - ₹ 56
Bidding Dates
19 Mar '24 - 21 Mar '24
Total Issue Value
33.39 Cr
Lot Size
2,000
Total Issue Size
33.39 Cr
Listing At
BSE SME
Subscription
13.29 times
BSE Price
132.00 (135.71%)

IPO Timeline

  • 19 Mar 2024
    Bidding Starts
  • 21 Mar 2024
    Bidding Ends
  • 26 Mar 2024
    Allotment Finalization
  • 27 Mar 2024
    Listing

About Chatha Foods Ltd.

Chatha Foods Limited is one of India’s recognised frozen food processor, serving top QSRs, CDRs and other players in the HoReCa segment. As such, we are deeply connected with the Indian food services/dining out industry and this accounted for 96.00% of our revenue in FY2023. For FY2023 ... Read more

Parent organisation
Founded
Chatha Foods Ltd.
1997

Chatha Foods Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 16,98,600 (28.49%)
Market Makers 3,00,000 (5.03%)
Non Institutional Investors 8,49,300 (14.25%)
Qualified Institutional Buyers (QIBs) 11,32,400 (18.99%)
Retail Individual Investors (RIIs) 19,81,700 (33.24%)

Chatha Foods Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 133.83 Cr 6.17 Cr 35.27 Cr
31 Mar 2023 117.24 Cr 2.45 Cr 9.35 Cr
31 Mar 2022 87.40 Cr 67.24 Lakh 6.90 Cr

Chatha Foods Ltd. Background

Major Events And Milestones
  • 1997
    Incorporation of our Company as a public limited company in the name and style of ‘Chatha Foods Limited’.
    Importer Exporter Code (IEC) Certificate was issued to the Company by the Ministry of Commerce and Industry.
  • 1998
    Certificate of Registration as Small Scale Industries by Government of Punjab, Directorate of Industries
  • 2000
    Commencement of commercial operations at Mohali as a retort sausage plant.
  • 2003
    The Brand “Swiss Naturen” became immensely recognized in Northern India Market.
    The Company was converted from public limited to private limited company.
  • 2004
    Our Company started the QSR relationship with Subway and helped improvise the products for the Indian palate.
  • 2005
    HACCP Certification awarded by FoodServ Netherlands.
  • 2007
    Domino’s was on boarded.
  • 2009
    “Gold Supplier Award” by Domino’s for financial year 2009 to 2015.
  • 2012
    IS0 22000 Certification received from TUV (Germany).
  • 2016
    Our Plant’s capacity was enhanced to 48,000 TPA.
    Our Company was facilitated by Subway as Best Vendors 2016 at the Singapore Conference.
  • 2017
    Café Coffee Day and iHOP on board with our Company.
  • 2020
    FSSAI License (Non-Veg Products) was issued to the Company under the FSS Act, 2006.
  • 2022
    Our Company installed another unit for vegetarian products having capacity of 2,280 tonnes
    Our Company got registered with the U.S. Food and Drug Administration and was issued a certificate of registration.
  • 2023
    NSF Certificate of Conformity received by our Company for meeting the requirements of global standard food safety.(BRCGS Certification)
    The Company was re-converted from private limited to public limited company.
Chatha Foods Ltd. Object of Issues

1. Setting up a new manufacturing facility
2. General Corporate Purposes

Chatha Foods Ltd. IPO Listing Details
Listing Date
27 Mar 2024
BSE Script Code
544151
ISIN
INE0AH901011
Final Issue Price
₹ 56
Chatha Foods Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price ₹ 56.00 -
Open ₹ 73.00 -
Low ₹ 70.37 -
High ₹ 76.65 -
Last Trade ₹ 76.65 -
Chatha Foods Ltd. Company Promoters

1. Parmajit Singh Chatha
2. Gurpreet Chatha
3. Gurcharan Singh Gosal
4. Anmoldeep Singh

Industry Overview

The global QSR market was valued at I NR 25.05 Trn in FY 2022. It is expected to reach INR 54.53 Trn by FY 2027. R equirement for a wide variety of fast food items and the growth of the market both contribute to the quick service restaurants market s expansio n globally. The QSR market in India ... Read more

Chatha Foods Ltd. Contact Details
Address: 272, Mota Singh Nagar, Jalandhar Punjab - 144001
Phone no:4616381
4616381
|
Chatha Foods Ltd. IPO Registrar
Skyline Financial Services Pvt. Ltd.
D-153 A, 1st Floor, Okhla Industrial Area, Phase-I, New Delhi Delhi - 110020
64732681
Chatha Foods Ltd. IPO Lead Manager(s)
Indorient Financial Services Ltd.
Rustomjee Central Park, A-Wing, 501, Executive Spaces, Andheri Kurla Road, Chakala, Mumbai Maharashtra - 400093

FAQs

When does Chatha Foods Ltd. IPO opens and closes?

Chatha Foods Ltd. IPO opens from 19th March to 21st March 2024.

What is the size of Chatha Foods Ltd. IPO?

The size of the Chatha Foods Ltd. IPO is ₹33.39 Cr.

What is the price range of Chatha Foods Ltd. IPO?

The price range of Chatha Foods Ltd. IPO is at ₹53 to ₹56 per share.

What is the minimum investment and lot size required for the Chatha Foods Ltd. IPO?

The minimum investment required is ₹1,12,000 and minimum lot size is 2000 shares.

When is Chatha Foods Ltd. IPO listing date?

The Chatha Foods Ltd. IPO will be listed on 27th March 2024.

What is the objective of Chatha Foods Ltd. IPO?

1. Setting up a new manufacturing facility
2. General Corporate Purposes

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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