Chatha Foods IPO: Price band, issue size, key details to know
₹53 to ₹56 per equity share of face value of ₹10 each. Chatha Foods IPO will open for subscription on Tuesday, March 19, and close on Thursday, March 21.
Chatha Foods IPO lot size consists of 2,000 shares. Bids can be placed for multiples of 2,000 shares, with a minimum bid of 2,000.
The floor price is 5.3 times of the face value and the cap price is 5.6 times of the face value. Chatha Foods is a frozen food processor that supplies leading QSRs (Quick Serving Restaurants), CDRs (Casual Dining Restaurants), and other businesses in the HoReCa (Hotel-Restaurant-Catering) market, according to Red Herring Prospectus (RHP).
Due to its close ties to the Indian food services and dining out sector, the business's revenue for the six months that ended on September 30, 2023, nearly entirely came from this source. Also Read: Pratham EPC IPO allotment to be finalised today; latest GMP, 6 steps to check status "Exciting news! Mint is now on WhatsApp Channels
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