Leo Dry Fruits and Spices IPO Allotment Status

Summary

Leo Dry Fruits and Spices Trading Limited specialises in manufacturing and trading a wide range of spices and dry fruits under their brand, VANDU, along with frozen and semi-fried products under the FRYD brand. The company serves multiple market segments through B2B, B2C, and D2C channels, offering products ranging from whole spices to blended spices, dry fruits, and other grocery items in various packaging sizes. This IPO aims to support the company's working capital requirements, enhance brand visibility, and meet its general business needs.

Leo Dry Fruits and Spices has launched its IPO with a total issue size of ₹25.12 crore, comprising a fresh issue of 48.30 lakh shares. The IPO opened on January 1, 2025, and closed on January 3, 2025. The allotment date for the Leo Dry Fruits and Spices IPO is set for Monday, January 6, 2025.

Steps to Check Leo Dry Fruits and Spices IPO Allotment Status on Registrar Site

• Visit Bigshare Services Pvt Ltd website.
• Select "Leo Dry Fruits and Spices IPO" from the dropdown menu.
• Enter your PAN ID, Demat Account Number, or Application Number.
• Complete the captcha verification and click "Submit."

Steps to Check Leo Dry Fruits and Spices IPO Allotment Status on BSE SME

• Visit the BSE or NSE IPO Allotment Page.
• Select "Leo Dry Fruits and Spices IPO" from the dropdown menu.
• Enter your Application Number and PAN ID.
• Confirm captcha and click "Search."

Leo Dry Fruits and Spices Subscription Status

The Leo Dry Fruits and Spices IPO received strong investor interest, being subscribed 181.77 times overall. Here is a category-wise breakdown of the subscription as of 6:19:07 PM on January 3, 2025:

• Retail Category: 154.50 times
• Qualified Institutional Buyers (QIB): 68.06 times
• Non-Institutional Investors (NII): 394.59 times

As of 6:19:07 PM

Utilisation of IPO Proceeds

The funds raised through the IPO will be utilised as follows:

• Working Capital Requirements: Meeting the company's working capital needs to support business growth.
• Brand Building: Investment in branding, advertisement, and marketing activities to enhance market presence.
• General Corporate Purposes: Supporting various business objectives and operational requirements.

Leo Dry Fruits and Spices IPO - Listing Details

The shares of Leo Dry Fruits and Spices Limited are scheduled to be listed on January 8, 2025, on the BSE SME platform. Leo Dry Fruits and Spices IPO has shown strong investor interest with a subscription rate of 181.77 times. The funds raised will support the company's expansion plans and operational needs, positioning it for future growth. Investors can check their allotment status through the registrar's website or BSE SME on January 6, 2025. The shares are set to debut on January 8, 2025, marking an important milestone for the company.