Chatha Foods Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,830,000 (47%) | — | ₹1,585 Cr |
| NII (HNI) | — | 850,000 (14%) | — | ₹476 Cr |
| Retail | — | 850,000 (14%) | — | ₹476 Cr |
| Market Maker | — | 300,000 (5%) | — | ₹17 Cr |
| Σ Total | — | 5,962,000 (100%) | — | ₹33,387 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹112,000 |
| Retail (Max) | 13 | 26,000 | ₹1,456,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,568,000 |
| B-HNI (Min) | 67 | 134,000 | ₹7,504,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 7,078 | 11,724 | 8,740 |
| Profit After Tax | 7,078 | 245 | 67 |
| Net Worth | 2,516 | 2,175 | 1,930 |
| Total Assets | 5,828 | 5,142 | 4,830 |
| Reserves & Surplus | 1,930 | 935 | 935 |
| Total Borrowing | 1,060 | 1,060 | 1,101 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Setting up the Proposed Manufacturing Unit –
- . General Corporate Purposes –
Company Overview
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.