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  3. Neopolitan Pizza and Foods IPO
Neopolitan Pizza and Foods logo

Neopolitan Pizza and Foods

Listed
Listed

IPO Timeline

Issue open date

30 Sep 2024

Issue close date

4 Oct 2024

UPI mandate deadline

4 Oct 2024

Allotment finalization

7 Oct 2024

Refund initiation

8 Oct 2024

Share credit

8 Oct 2024

Listing date

9 Oct 2024

Mandate end date

19 Oct 2024

Lock-in end date for anchor investors (50%)

6 Nov 2024

Lock-in end date for anchor investors (remaining)

5 Jan 2025

Key Dates

Open
30 Sep 2024
Close
4 Oct 2024
Listing
9 Oct 2024

Quick Stats

Issue Size:12cr
Lot Size:6000 shares

About the Company

Established in 2011, NeoPolitan Pizza and Foods operates in two segments, namely the restaurant business and the trading of agricultural commodities. In the restaurant business, The company offers Neopolitan-style pizza, which is a traditional Italian pizza made with fresh ingredients. The menu includes a variety of toppings, and the company offers gluten-free and vegetarian options like a variety of Soups, exotic salads, freshly baked Bread, Pasta, Hand Tossed Pizza, and Desserts including such popular items as flatbread pizzas. It is an ISO 22000:2018 Certified company. In its agricultural commodities trading business, It provides quality agricultural commodities to its customers by sourcing products like cereals, pulses, fruits, and vegetables directly from farmers and suppliers.

Strengths

  • The company owns and operates its restaurants and has successfully implemented a franchise model, with a total of 18 franchises operating on the Franchisee Owned Franchisee Operated (FOFO) model.
  • It places a strong emphasis on customer service, which is evident in its well-trained staff, prompt service, and personalized attention to customer needs. This helps to create a positive customer experience and fosters customer loyalty.
  • The company leverages technology in various aspects of its operations, such as online ordering, delivery tracking, and customer feedback. This not only enhances the customer experience but also improves operational efficiency.
  • It has built a strong brand identity through consistent branding across all its outlets and marketing channels. This has helped to create a sense of trust and familiarity among customers, which in turn drives repeat business.

Risks

  • The QSR segment is particularly sensitive to changes in the economy, and any economic downturn could result in decreased customer spending on dining out. Similarly, fluctuations in the market prices of agricultural commodities could impact its trading segment’s profitability.
  • The Company previously got listed on the Emerge ITP Platform of National Stock Exchange of India Limited (NSE) and the same stood voluntarily delisted.
  • The QSR and agricultural commodities trading industries are highly competitive, with numerous well-established players in the market. The company faces intense competition from local and international competitors.
  • QSR segment is subject to food safety and quality regulations, and any failure to comply with these regulations could result in legal penalties, negative publicity, and loss of customer trust. Similarly, any quality issues with the agricultural commodities traded could lead to reputational damage and financial losses.
  • The franchise model for its QSR segment involves partnering with third-party franchisees, and any failure by these franchisees to maintain brand standards or operate effectively could damage the brand image and reputation.

Neopolitan Pizza and Foods IPO – Frequently Asked Questions

  • The price band for the Neopolitan Pizza and Foods IPO is set at ₹20 to ₹20 per share.
  • The Neopolitan Pizza and Foods IPO opens on September 30, 2024 and closes on October 4, 2024.
  • The tentative listing date for the Neopolitan Pizza and Foods IPO is October 9, 2024.
  • You can apply for the Neopolitan Pizza and Foods IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Neopolitan Pizza and Foods, enter lot quantity and UPI ID, then approve the mandate.
  • The lot size for the Neopolitan Pizza and Foods IPO is 6000 shares. Investors must apply for at least one lot (i.e., 6000 shares).