
NeoPolitan Pizza and Foods Limited
listed
₹1.20LMin. investment
About NeoPolitan Pizza and Foods Limited
Issue size
₹12Cr
IPO type
SME
Price range
₹20.00 – ₹20.00
Lot size
6000 shares
Price range₹20.00 – ₹20.00
IPO type
SME
Lot size6000 shares
Issue size₹12Cr
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About NeoPolitan Pizza and Foods Limited
Incorporated in February 2011, Neopolitan Pizza Limited is a dynamic enterprise that operates in two distinct yet complementary segments: the restaurant business and agricultural commodity trading. At the heart of its restaurant operations, the company offers an authentic Neopolitan-style pizza experience, utilizing fresh, high-quality ingredients. The introduction of the "All You Can Eat" buffet model has not only enhanced customer engagement but also positioned the brand as a family-friendly dining option. Neopolitan Pizza emphasizes stringent quality control, ensuring that every dish meets exceptional standards. The menu caters to diverse dietary needs, featuring gluten-free and vegetarian options, making it an appealing choice for a broad audience.
Beyond its restaurant operations, Neopolitan Pizza Limited has strategically diversified into the trading of agricultural commodities. The company focuses on sourcing premium products like wheat, rice, tomatoes, and onions from trusted suppliers, maintaining its commitment to quality across all aspects of its business. This approach not only bolsters the company’s revenue streams but also enhances its ability to offer superior ingredients for its pizzas, reinforcing its brand promise of quality. By leveraging its expertise in the food industry, Neopolitan Pizza aims to provide customers with high-quality agricultural products at competitive prices.
With a vision to expand its reach, Neopolitan Pizza has established a robust franchise network, planning to open multiple outlets across India. The strategic choice of menu and well-structured supply chain facilitate seamless scaling, ensuring consistency in quality and service across all locations. Led by experienced entrepreneurs Mukund Purohit and Arti Mukund Purohit, the company has established a strong foundation since opening its first restaurant in Vadodara, Gujarat, in 2012. As of December 31, 2023, the company boasts 19 restaurants in over 16 cities, showcasing its rapid growth and popularity in the Quick Service Restaurant (QSR) industry.
This move underscores the company's commitment to diversifying operations and tapping into emerging market opportunities. By positioning itself as a key player in the local market, Neopolitan Pizza aims to capitalize on synergies and unlock new revenue avenues. This forward-thinking approach not only enhances shareholder value but also reinforces the company's long-term growth strategy, showcasing its dedication to creating lasting value for all stakeholders.
NeoPolitan Pizza and Foods Limited prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives
- Expansion of our Retail Network by launching 16 new Quick Service Restaurants (QSR)
- Security Deposit and Advance Rent
- Brokerage Charges
- To meet Working Capital Requirements
- To meet the Issue Expenses
- General Corporate Purposes
Frequently asked questions
How to invest in the IPO?
Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.
What is the issue size of NeoPolitan Pizza and Foods Limited ?
The issue size of the NeoPolitan Pizza and Foods Limited is 12 Cr.
What is 'pre-apply' for NeoPolitan Pizza and Foods Limited ?
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
Which exchanges will NeoPolitan Pizza and Foods Limited shares list on?
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Timeline
- Bidding starts30 Sep 2024
- Bidding ends4 Oct 2024
- Allotment finalisation2 Oct 2024
- Release of funds8 Oct 2024
- Demat transfer7 Oct 2024
- Listing9 Oct 2024