NeoPolitan Pizza and Foods Limited IPO Details

Founded in February 2011, NeoPolitan Pizza and Foods Limited operates in two main segments: restaurant operations and agricultural commodity trading. The company is known for its commitment to delivering authentic Neapolitan-style pizza crafted with fresh ingredients and a wide array of toppings, including options for gluten-free and vegetarian diets.

Restaurant Operations
NeoPolitan Pizza and Foods Limited runs its own restaurants and franchises, specializing in Neapolitan-style pizza. The brand is ISO 22000:2018 certified, ensuring high food safety standards. Alongside pizza, the menu features a variety of soups, salads, hand-tossed pizzas, pastas, and desserts, all in a family-friendly environment.

Agricultural Trading
In addition to its restaurant operations, NeoPolitan Pizza and Foods engages in the trading of agricultural commodities such as wheat, rice, tomatoes, and onions. The company is dedicated to sourcing high-quality products from trusted suppliers, providing competitive prices for its customers.

Global Expansion
The company has made strides in expanding its global footprint with a $87,500 investment in its wholly-owned subsidiary, Neoindian Pizza Inc., based in the USA. As of March 31, 2024, NeoPolitan Pizza operates 21 restaurants across more than 16 cities in two states and union territories in India.

Competitive Strengths
NeoPolitan Pizza and Foods Limited stands out in the industry for several reasons:

Authentic Offerings: The company is celebrated for its genuine Neapolitan-style pizza, made using traditional techniques.
Diverse Menu: The menu caters to a variety of tastes and dietary needs, ensuring all guests find something they love.
Strong Brand Identity: Consistent branding across all locations and marketing channels reinforces customer recognition and loyalty.
Technology Utilization: The company leverages technology for online orders, delivery tracking, and customer feedback.
Exceptional Customer Service: Well-trained staff provide prompt and personalized service, enhancing the overall customer experience.

IPO Objectives
Expansion of the retail network by launching 16 new Quick Service Restaurants
Security deposits and advance rent payments
Brokerage fees
Working capital requirements
General corporate expenses

NeoPolitan Pizza and Foods IPO Details
IPO Date: September 30, 2024 – October 4, 2024
Face Value: ₹10 per share
Price: ₹20 per share
Lot Size: 6,000 shares
Total Issue Size: 6,000,000 shares (aggregating up to ₹12.00 Cr)
Fresh Issue: 6,000,000 shares (aggregating up to ₹12.00 Cr)
Issue Type: Fixed Price Issue IPO
Listing At: BSE SME
Pre-Issue Shareholding: 11,000,000 shares
Post-Issue Shareholding: 17,000,000 shares
Market Maker Portion: 300,000 shares
IPO Lot Size
Investors can bid for a minimum of 6,000 shares. The table below summarizes the minimum and maximum investments for retail investors and HNIs:

Application Type Lots Shares Amount
Retail (Min) 1 6,000 ₹120,000
Retail (Max) 1 6,000 ₹120,000
HNI (Min) 2 12,000 ₹240,000
Promoter Holding
The company is promoted by Mr. Mukund Purohit and Mrs. Arti Mukund Purohit.

Pre-Issue Shareholding: 72.68%
Post-Issue Shareholding: 47.03%
IPO Timeline
IPO Open Date: September 30, 2024
IPO Close Date: October 4, 2024
Basis of Allotment: October 7, 2024
Initiation of Refunds: October 8, 2024
Credit of Shares to Demat: October 8, 2024
Listing Date: October 9, 2024
Cut-off Time for UPI Mandate Confirmation: 5 PM on October 4, 2024
Registrar Information
For any queries, you can reach out to:

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]