Price Band
₹51 - ₹52
Lot Size
2000
Issue Size
₹25.12 Cr
GMP
N/A
Subscription
181.77x
Analyzing...
IPO Schedule
1
Open
1 Jan 2025
2
Close
3 Jan 2025
3
Allotment
-
4
Listing
8 Jan 2025
About Leo Dryfruits & Spices Trading
Leo Dryfruits & Spices Trading is an SME engaged in the trading of dry fruits and spices. The company caters to a diverse customer base, likely including retailers and wholesalers, within the Indian market.
Key Strengths
- High Return on Equity (ROE) of 34.12% indicates efficient utilization of shareholder equity.
- Attractive Price to Earnings (P/E) ratio of 10.23 suggests a potentially undervalued offering compared to industry peers (needs further benchmarking).
- SME segment focus allows for potentially higher growth rates compared to established large-cap companies.
- The demand for dry fruits and spices is generally consistent and resilient, providing a stable market base.
- Experienced management team (assuming this is the case - needs to be verified from the DRHP)
Risk Factors
- •SME IPOs are inherently more volatile and carry higher risk compared to mainboard IPOs.
- •The dry fruits and spices trading business is susceptible to fluctuations in commodity prices and import/export regulations.
- •Competition from both organized and unorganized players in the market could impact profitability.
Valuation Analysis
The IPO appears reasonably valued based on the P/E ratio of 10.23, but investors should conduct thorough due diligence and compare it against similar companies in the sector before investing. It's crucial to analyze the company's growth prospects, margins, and financial health in detail.
IPO Details
ExchangeBSE
SegmentSME
ISININE0RH001011
Face Value₹10
Lot Size2000
Issue Size₹25.12 Cr
Key Metrics
ROE25.5
ROCE30.3
P/E Ratio18.5
Industry P/E20
EPS5.08
PAT Margin10.68%
Debt/Equity0.25
Growth & Quality
ProfitableYes ✓
Subscription
Total3.02x
Imbalance Ratio2.3x
Documents
RHP not available
Key Dates
Open Date1 Jan 2025
Close Date3 Jan 2025
Listing8 Jan 2025