Chatha Foods Limited

Company Profile
Company Name Chatha Foods Limited
Open Date 19-03-2024
Close Date 21-03-2024
Exchange BSE SME
Lot Size 2000 Shares
Issue Price ₹53 to ₹56 per share
Issue Size 59,62,000 shares
Application Amount ₹1,12,000
Recommendation Apply
Incorporated in 1997, Chatha Foods Limited (CFL) has its registered office in Jalandhar, Punjab, India. The company offers frozen food products to top QSRs (Quick Serving Restaurants), CDRs (Casual Dining Restaurants), and other players in the HoReCa (Hotel Restaurant-Catering) segment. Chatha Foods' product portfolio includes Chicken Appetizers, Meat Patties, Chicken Sausages, Sliced Meat, Toppings & Fillers, etc. The company produces more than 70 meat products. The company sells products under the brand Chatha Foods and distributes through a network of 29 distributors covering 32 cities across India catering to the needs of 126 mid-segment & standalone small QSR brands like Domino’s & Subway’s India franchise. As of FY 2023, the company had a total of 284 employees on its payroll.
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Financial Summary in Lakhs

For the Period Ended Mar-21 Mar-22 Mar-23 Sep-23
Total Assets 4,330.28 4,830.31 5,141.94 5,827.62
Net Assets 1,862.68 1,929.93 2,175.12 2,516.15
Total Borrowings 1,065.03 1,101.33 1,060.19 987.96
Total Revenue 6,119.03 8,740.31 11,724.23 7,078.03
Profit After Tax -400.35 67.24 245.20 341.04

Tentative Timeline

Opening Date 19-03-2024
Closing Date 21-03-2024
Basis of Allotment 26-03-2024
Initiation of Refunds 27-03-2024
Credit of Shares to Demat 27-03-2024
Listing Date 27-03-2024

Objects of the Issue

Setting up the Proposed Manufacturing Unit
General corporate purposes.

Contact Information

Registered Office Chatha Foods Limited 272, Mota Singh Nagar, Jalandhar – 144 001 Punjab, India
Phone + 91 18146 16381

Registrar Details

Name Skyline Financial Services Private Ltd
Phone 02228511022

IPO Reservation

QIB Shares Offered Not more than 50% of the Net Issue
Retail Shares Offered Not less than 35% of the Issue
NII (HNI) Shares Offered Not less than 15% of the Issue

Shareholding Pattern

Share Holding Pre Issue (Promoters) 81.36%
Share Holding Post Issue (Promoters) 59.80%

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