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Chatha Foods IPO: Your Gateway to Profitable Investments

Are you ready to explore a world of investment opportunities? 

Introducing the Chatha Foods IPO, a promising venture poised to redefine the landscape of frozen food processing. With a book-built issue of Rs 34.00 crores, comprising entirely of fresh issues of 59.62 lakh shares, this IPO presents a golden opportunity for savvy investors.
The bidding for the Chatha Foods IPO commenced on March 19, 2024, and concluded on March 21, 2024. Following a meticulous allotment process, the shares debuted on the BSE SME platform on March 27, 2024.

Priced competitively at ₹53 to ₹56 per share, with a minimum lot size of 2000 shares, the Chatha Foods IPO offers an entry point tailored to investors' preferences. Retail investors can seize this opportunity with a minimum investment of ₹112,000, while HNIs can explore options starting from 2 lots (4,000 shares) amounting to ₹224,000.

Behind the Scenes: Key Players and Reservation Details

Indorient Financial Services Ltd spearheads the IPO as the book running lead manager, with Skyline Financial Services Private Ltd serving as the registrar. Alacrity Securities assumes the crucial role of market maker, ensuring liquidity and stability in the market.

The IPO reservation breakdown allocates 18.99% to QIBs, 14.26% to NIIs, 33.24% to RIIs, and 28.48% to Anchor Investors, reflecting a balanced distribution strategy catering to diverse investor segments.

Unveiling the Timeline and Lot Size Calculator

Mark your calendars with the Chatha Foods IPO timeline, as it unfolds from March 19, 2024, to March 21, 2024, culminating in a listing date of March 27, 2024. Investors can bid for a minimum of 2000 shares and multiples thereof, utilizing the lot size calculator to streamline investment decisions.

Meet the Promoters and Dive into Chatha Foods' World

Paramjit Singh Chatha, Gurpreet Chatha, Gurcharan Singh Gosal, and Anmoldeep Singh stand as the driving forces behind Chatha Foods Limited, leveraging their expertise to propel the company towards success.

Established in 1997, Chatha Foods Limited emerges as a leading frozen food processor, supplying a diverse range of products to top QSRs, CDRs, and players in the HoReCa segment. With a robust distribution network spanning 32 cities and a state-of-the-art manufacturing facility, Chatha Foods is poised for exponential growth.

Financial Insights: Growth Trajectory and Key Metrics

Chatha Foods Limited's stellar financial performance underscores its potential as a lucrative investment opportunity. With a revenue surge of 34.14% and a staggering 264.66% increase in profit after tax between FY 2022 and FY 2023, the company demonstrates resilience and agility in a dynamic market landscape.

Key performance indicators such as ROE, ROCE, and PAT Margin further validate Chatha Foods' prowess, positioning it as a beacon of profitability and sustainability in the industry.

Objectives of the Issue: Fueling Growth and Innovation

The net proceeds from the IPO will be channeled towards setting up a proposed manufacturing unit and addressing general corporate purposes, laying the foundation for future expansion and innovation.

Seize the Opportunity: Invest in Chatha Foods IPO Today!

Don't miss out on the chance to be part of Chatha Foods' growth story. Invest in the IPO today and embark on a journey towards prosperity and success. With 5paisa as your trusted partner, you can navigate the world of investments with confidence and ease. Sign up now and pave the way for a brighter financial future!

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