Chatha Foods Limited IPO (Chatha Foods IPO)

Chatha Foods Limited IPO
Upcoming Chatha Foods IPO | New Chatha Foods IPO

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 Chatha Foods and distributes through the network of 29 distributors covering 32 cities across India, 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 serves 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.

Chatha Foods IPO

Chatha Foods IPO – Details

IPO Opening Date19 March 2024
IPO Closing Date21 March 2024
Issue TypeBook Built Issue IPO
Issue Size59,62,000 Shares Worth ₹34.00 Crore
Fresh Issue: 59,62,000 Shares Worth ₹34.00 Crore
Face Value₹10 per equity share
IPO Price₹53 – ₹56
Market Lot2000 Shares
Min Order2000 Shares (1 Lot)
Listing AtBSE SME
RegisterSkyline Financial Services Private Ltd
QIB Shares Offered50%
NII (HNI) Shares Offered15%
Retail Shares Offered35%

Chatha Foods IPO – Date Schedule

IPO Open Date19 March 2024
IPO Close Date21 March 2024
Basis of Allotment22 March 2024
Initiation of Refund26 March 2024
Credit of Shares to Demat Account26 March 2024
IPO Listing Date27 March 2024
Cut-off time for UPI mandate confirmation5 PM on March 21, 2024

Chatha Foods IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)12000₹1,12,000
Retail (Maximum)12000₹1,12,000
HNI (Minimum)24000₹2,24,000

Competitive Strengths

  • Strong Supply Chain and Input Sourcing for QSR, CDR, and Other Outdoor Dining Options in India.
  • In-house Manufacturing Plant Layout & Designing Capability as per the GFSI-approved global foods safety standards.
  • Quality Compliance, Control, and Quality Standards.
  • Experienced Promoters and Management.
  • Customers of global repute.

Company Promoters

  • Paramjit Singh Chatha
  • Gurpreet Chatha
  • Gurcharan Singh Gosal
  • Anmoldeep Singh

Object Of The Issue

  • Setting up the Proposed Manufacturing Unit.
  • General Corporate Purpose.
Chatha Foods IPO
Object of the Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 202161.1966.71-4.0010.65
31 March 202287.4086.360.6711.01
31 March 2023117.24113.872.4510.60
30 September 202370.7866.023.419.87
Amount in ₹ Crore

Key Performance Indicator

PAT Margin (%)4.82
EPS (Rs)1.483.03
P/E (x)37.7618.47

Chatha Foods IPO Promoter Holding

Pre Issue Share Holding81.36%
Post Issue Share Holding

Chatha Foods IPO Prospectus

Company Contact Information

Chatha Foods Limited

272, Mota Singh Nagar,
Jalandhar – 144 001
Punjab, India

Phone: + 91 18146 16381

Chatha Foods IPO Registrar

Skyline Financial Services Private Ltd

Phone: 02228511022

Chatha Foods IPO Lead Manager(s)

1. Indorient Financial Services Ltd

Chatha Foods IPO FAQs

Chatha Foods IPO FAQs
What is Chatha Foods IPO?

Chatha Foods IPO is a SME IPO. The issue is priced at ₹53 – ₹56 per equity share. The IPO is to be listed on BSE SME.
When Chatha Foods IPO will open?

The IPO is to open on 19 March 2024 for QIB – 50%, NII – 15% and Retail – 35% Investors.
How to Chatha Foods IPO?

You can apply Chatha Foods IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Chatha Foods IPO through 5 Paisa?

Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Chatha Foods”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa.
How to Apply the Chatha Foods IPO through Edelweiss?

Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Chatha Foods”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss.
What is Chatha Foods IPO Size?

Chatha Foods IPO size is ₹34.00 crores.
What is Chatha Foods IPO Price Band?

Chatha Foods IPO Price Band is ₹53 – ₹56.
What is Chatha Foods IPO Minimum and Maximum Lot Size?

The minimum bid is 2000 Shares with ₹1,12,000 amount while the maximum bid is 2000 shares with ₹1,12,000.
What is the Chatha Foods IPO Allotment Date?

Chatha Foods IPO allotment date is  22 March 2024.
What is the Chatha Foods IPO Listing Date?

Chatha Foods IPO listing date is 27 March 2024. The IPO is to list on BSE SME.
Share Market IPO App
Previous articleEnser Communications Limited IPO (Enser Communications IPO)
Next articleVishwas Agri Seeds Limited IPO (Vishwas Agri Seeds IPO)