Chatha Foods, a known food processor, in India, was founded in 1999. They are recognized for their services to QSRs (Quick Serving Restaurants) CDRs (Casual Dining Restaurants) and other players in the HoReCa (Hotel Restaurant Catering) sector. The company’s main source of income comes from the food service industry accounting for 96.00% of its revenue in the Fiscal Year 2023. In particular, a significant portion of their earnings came from partnerships with franchises like Domino’s India, Subway’s India, Café Coffee Day, Chili’s & Pauls India, Wok Express, and Burger Singh during that period.
The company offers a range of products across three categories; Non Vegetarian, Vegetarian, and Plant Based options to meet the tastes of consumers and keep up with market trends. Their business approach includes Concept Manufacturing, Concept Sharing Manufacturing. They are distributing Own Brands, which gives customers the flexibility to customize their choices and access solutions.
In the year 2023, Chatha Foods received funding, from Negen Undiscovered Value Fund, an investor in the stock market acquiring a 10% ownership in the company. Additionally, Gurcharan Singh Gosal and Gurpreet Chatha the promoters raised their ownership stakes to 25.03% and 21.00% respectively showing their belief, in the company’s outlook and Paramjit Singh Chatha’s leadership.
Chatha Foods IPO Complete Details:
Chatha Foods IPO Timetable:
Company Financial Details:
AS OF NOW, the GMP Of Chatha Foods is Around 00 Rs.
Objects Of Issue:
1. Proposed Manufacturing Unit Setup
2. General Corporate Fund Usage
Promoters:
- PARAMJIT SINGH CHATHA
- GURPREET CHATHA
- GURCHARAN SINGH GOSAL
- ANMOLDEEP SINGH
FAQs:
When Chatha Foods IPO is Opening?
Chatha Foods IPO is Opening on 19 March 2024.
When is the Chatha Foods IPO Closing?
Chatha Foods IPO is Closing on 21 March 2024.
What is the Issue Size of the Chatha Foods IPO?
The IPO Issue Size of Chatha Foods is 34 Crore.
Price Band of Chatha Foods IPO?
The price Band of Chatha Foods IPO is 53 to 56 rupees per share.
What is the minimum investment for a Chatha Foods IPO?
The minimum investment for the Chatha Foods IPO is 112,000 Rupees.
Allotment Date of Chatha Foods IPO?
The Allotment of Chatha Foods IPO is on 26 March 2024.
Listing Date of Chatha Foods IPO?
The Listing Of Chatha Foods is Scheduled on 27 March 2024.
One Should Apply for Chatha Foods IPO or Not?
Will Update Soon..
How to apply for Chatha Foods IPO through the Zerodha Application?
Open Zerodha Application ——–> At the Bottom Click on Orders ——–> Then at the Top Click on IPO ——–> Find Chatha Foods IPO from the list ——–> Then Click Apply Button ——–> Select Investor Type(Individual) ——–> Enter Your UPI ID ——–> Select @ Extension ——–> Click on Cut-Off Price Box ——–> Enter Quantity ——–>Tick Check Box Of Terms and Conditions ——–> Drag Submit IPO Button On Right Side ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for Chatha Foods IPO through the Upstox Application?
Open Upstox Application ——–> At the Bottom Click on Invest ——–> Then Click On “View ongoing IPO” ——–> Find Chatha Foods IPO from the list ——–> Then Click Apply Button ——–> Enter Your UPI ID ——–> Select Investor Type ——–> Enter the Number of Lots to Purchase ( ENTER 1) ——–> Click on Cut-Off Price Box ——–>Tick Check Box Of Terms and Conditions ——–> Click on Continue ——–> Click on Confirm And Apply ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for Chatha Foods IPO through Angel One Application?
Open Angel One Application ——–> At the Bottom Click on Home ——–> Click on IPO Button ——–> Find Chatha Foods IPO from the list ——–> Click on Chatha Foods IPO Name ——–> Click on Apply Now ——> Enter Lot (1) ——–> Select Investor Type ——–> Enter UPI ID ——–> Click on “Apply For IPO” —>Click On Proceed ——–> Accept IPO Mandate Received in Your UPI Application.
Who is the Lead Manager of Chatha Foods?
Indorient Financial Services Ltd is the Lead Manager of Chatha Foods.
Where To Check the Allotment of Chatha Foods IPO?
The allotment status for the Chatha Foods IPO will be accessible on the Skyline Financial Services Private Ltd Website.
Chatha Foods IPO is going to be listed at?
Chatha Foods IPO is going to be listed at BSE SME.
What is the Lot Size of the Chatha Foods IPO?
The lot size of the Chatha Foods IPO is 2000 Shares.
What is the P/E Ratio of the Chatha Foods?
The P/E Ratio of the Chatha Foods is 37.76.
What is the EPS of the Chatha Foods?
The EPS of the Chatha Foods is 1.48.
What is the ROE of the Chatha Foods?
The ROE of Chatha Foods is 14.54%.
What is the ROCE of the Chatha Foods?
The ROCE of the Chatha Foods is 14.81%.
