Leo Dry Fruits and Spices Trading IPO

About Leo Dry Fruits and Spices Trading IPO

Leo Dry Fruits and Spices Trading is a dynamic company engaged in the manufacturing, processing, trading, and marketing of a wide array of spices, dry fruits, and grocery products. Operating under the brand names “VANDU” for spices and dry fruits, and “FRYD” for frozen and semi-fried products, the company offers high-quality products across multiple categories. These include whole and blended spices, roasted and flavored dry fruits, ghee, seasonings, poppy seeds, sesame seeds, and various other grocery items. With a focus on superior quality, Leo Dry Fruits and Spices Trading ensures that its products meet stringent standards, sourced from both domestic and international markets.

The company operates in two primary business divisions: manufacturing/processing and trading. The manufacturing division is based in Thane, Maharashtra, where it processes blended spices, chiz bites, and seasonings using advanced plant machinery. The facility is strategically located near the APMC market, ensuring cost-effective access to raw materials. The processing unit, accredited with an FSSAI license, follows natural methods to retain the inherent properties of food products, such as color and odor, ensuring their premium quality. In the trading division, the company deals in bulk wholesale spices and dry fruits under unbranded sales, as well as packaged products under the “VANDU” and “FRYD” brands.

Leo Dry Fruits and Spices Trading caters to diverse market segments, including B2B, B2C, and D2C. Under the B2B model, the company sells bulk quantities of whole spices and dry fruits to various traders. In the B2C sector, its products are available through distributors, super stockists, and online platforms such as Amazon, Flipkart, and the company’s own website. For the D2C model, products are sold directly to customers through online orders. In addition, the company has made significant strides in the institutional market, supplying to Police Canteens, Indian Naval Canteens, and the Canteen Store Department (CSD), ensuring that quality products reach India's frontline officers and soldiers.

With a focus on long-term growth, Leo Dry Fruits and Spices Trading has also entered into exclusive distribution agreements, such as its partnership with M/s. Munchin Foods, to distribute their snack products domestically and internationally. The company’s commitment to quality is underscored by its rigorous quality control division, which ensures that raw materials and finished products meet the highest standards. With a strong foundation in both trading and manufacturing, combined with an experienced management team, the company is poised for continued success and expansion in the domestic and international food markets.

Leo Dry Fruits and Spices Trading prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives

1. Funding working capital requirements of the company.
2. Branding, Advertisement and Marketing activities.
3. General corporate purposes.