The Chatha Foods IPO started on March 19, 2024, and ended on March 21, 2024. Shares were allocated on March 26, 2024, and refund processes began on March 27, 2024. On March 27, 2024, the shares were credited to investors demat accounts. Chatha Foods was officially listed on the stock exchange on March 27, 2024.
During the IPO, Chatha Foods offered shares at a price range of ₹53 to ₹56 per share, and the lot size was 2000 shares. The total issue size was ₹34.00 crores, with ₹34.00 crores from new shares. The IPO was listed on the BSE SME.
Regarding share reservations, 50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
Chatha Foods IPO Subscription Update Video
Chatha Foods IPO Subscription Status
The Chatha Foods IPO on March 21, 2024 was subscribed 19.28 times, with the retail category being subscribed 14.60 times, the NII (Non-Institutional Investor) category being subscribed 44.52 times, the QIB (Qualified-Institutional Buyers) category being subscribed 8.54 times.
| Category | Subscription |
| QIB | 8.54x |
| NII | 44.52x |
| Retail | 14.60x |
| Total | 19.28x |
Chatha Foods IPO Basic Details
| Company Name | Chatha Foods Limited |
| Chatha Foods IPO Open Date | March 19, 2024 |
| Chatha Foods IPO Close Date | March 21, 2024 |
| Chatha Foods IPO Allotment Date | March 26, 2024 |
| Chatha Foods IPO Listing Date | March 27, 2024 |
| Face Value | ₹10 per share |
| Price | ₹53 to ₹56 per share |
| Lot Size | 2000 Shares |
| Issue Size | 5,962,000 shares of ₹10 (aggregating up to ₹34.00 Cr) |
| Fresh Issue | 5,962,000 shares of ₹10 (aggregating up to ₹34.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Company Promoters | Paramjit Singh Chatha, Gurpreet Chatha, Gurcharan Singh Gosal and Anmoldeep Singh |
About Chatha Foods Limited
Founded in 1997, Chatha Foods Limited (CFL) is a company that makes frozen food. They sell their products to fast-food restaurants, casual dining spots, and other businesses in the hotel and catering industry. Their range includes things like chicken appetizers, meat patties, sausages, sliced meats, and more – over 70 different products in all.
You’ll find Chatha Foods’ products under their own brand name. They get them out there through a network of 29 distributors, reaching 32 cities across India. They serve about 126 smaller fast-food joints.
Their manufacturing plant is in District Mohali. They can make around 7,839 metric tons of frozen food there.
Chatha Foods caters to big names like Domino’s, Subway, Café Coffee Day, and Wok Express.
Negen Undiscovered Value Fund bought a chunk of Chatha Foods in 2023, getting a 10% share. And as of 2023, the company had 284 employees.
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Chatha Foods IPO FAQs
What is the start and end date of Chatha Foods IPO Subscription?
The Chatha Foods IPO started on March 19, 2024, and ended on March 21, 2024.
When does Chatha Foods IPO Subscription open?
The Chatha Foods IPO open on March 19, 2024.
When does Chatha Foods IPO Subscription close?
The Chatha Foods IPO Close on March 21, 2024.
What is the allotment date of Chatha Foods IPO?
The allotment date for Chatha Foods IPO is March 26, 2024.
When is the initial refund date of Chatha Foods IPO?
The initial Refund date for Chatha Foods IPO is March 27, 2024.
When were the shares credited to investors demat accounts for the Chatha Foods IPO?
The shares for the Chatha Foods IPO were credited to investors demat accounts on March 27, 2024.
When will Chatha Foods IPO be listed on the stock market?
Chatha Foods IPO stock market will be listed on March 27, 2024 at 10 am.
What was the price range of the Chatha Foods IPO shares?
The Chatha Foods IPO shares were offered at a price range of ₹53 to ₹56 per share.
What was the lot size for the Chatha Foods IPO shares?
The lot size for the Chatha Foods IPO shares was 2000 shares.
What was the total issue size of the Chatha Foods IPO?
The total issue size of the Chatha Foods IPO was ₹34.00 crores.
How were the shares allocated among different types of investors for the Chatha Foods IPO?
50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
On which stock exchanges was the Chatha Foods IPO listed?
The Chatha Foods IPO was listed on the BSE SME.
What is the Chatha Foods IPO Subscription Status?
Chatha Foods IPO is subscribed 19.28 Times.
