Leo Dry Fruits and Spices Trading Ltd, a fast-growing player in the food industry, has captured the attention of investors with its Initial Public Offering (IPO) and promising financial growth. If you’re considering investing in this emerging company, understanding the Leo Dry Fruits and Spices Share Price Target over the coming years is crucial. In this blog, we’ll explore everything you need to know about the company, its IPO, and future price predictions.
Leo Dry Fruits and Spices IPO Details
Leo Dry Fruits and Spices Trading Ltd launched its IPO with the goal of raising ₹25.12 crore. Here are some key details about the IPO:
| Particulars | Details |
|---|---|
| Issue Size | ₹25.12 crores |
| Price Band | ₹51 to ₹52 per share |
| Total Shares Offered | 4,830,000 shares |
| Lot Size | 2,000 shares |
| Minimum Investment | ₹104,000 |
| Subscription Rate | 31.99 times |
| Opening Date | January 1, 2025 |
| Closing Date | January 3, 2025 |
| Listing Date | January 8, 2025 |
The company is poised for a successful listing, with high demand in the market. As you follow the IPO, keep an eye on the listing date, January 8, 2025, to gauge the stock’s early performance.
Leo Dry Fruits and Spices Company Information
Leo Dry Fruits and Spices Trading Ltd, founded in November 2019, is headquartered in Thane, Maharashtra. The company specializes in manufacturing, processing, and trading a wide range of food products. It operates under two well-established brands:
- VANDU: Specializes in spices and grocery items.
- FRYD: Known for frozen and semi-fried products.
With a commitment to quality, Leo Dry Fruits has already secured a strong presence in the food industry, targeting both B2B and B2C markets.
Leo Dry Fruits and Spices Business Overview
Leo Dry Fruits operates through three primary business segments:
| Business Segment | Description |
|---|---|
| B2B (Business to Business) | Wholesaling spices and dry fruits to traders. |
| B2C (Business to Consumer) | Selling directly to consumers via distributors and e-commerce. |
| D2C (Direct to Consumer) | Engaging directly with customers via its own channels. |
The company is well-positioned to grow, with strong distribution networks in place, including partnerships with wholesalers, retailers, and even supplying to Indian military canteens. Its focus on natural and organic food products aligns well with current consumer trends.
Leo Dry Fruits and Spices Financials
Leo Dry Fruits has seen impressive growth in recent years, with a sharp increase in both revenue and profitability:
| Particulars | March 31, 2024 | March 31, 2023 | March 31, 2022 |
|---|---|---|---|
| Revenue from Operations (₹ lakh) | 6,216.59 | 3,643.96 | 526.54 |
| Profit After Tax (PAT) (₹ lakh) | 663.69 | 363.46 | 7.90 |
| RoE (%) | 34.12 | 114.23 | 11.57 |
| Debt-Equity Ratio | 0.27 | 3.07 | 4.40 |
As seen from these numbers, Leo Dry Fruits is not only growing rapidly but also improving its financial health with a lower debt-to-equity ratio and robust profitability.
Leo Dry Fruits and Spices Shareholding Pattern
Before the IPO, the shareholding pattern of Leo Dry Fruits was as follows:
| Shareholder | Pre-Issue Shareholding (%) | Post-Issue Shareholding (%) |
|---|---|---|
| Promoter Group | 52.21% | 38.11% |
| Public Group | 47.79% | 61.89% |
This dilution is expected to bring in more liquidity and diversify the company’s shareholder base, signaling a more transparent and accessible business.
Leo Dry Fruits and Spices Share Price Target 2025 To 2040
The following table provides a speculative breakdown of the Leo Dry Fruits and Spices Share Price Target from January to December for the years 2025 through 2040. These projections are based on the company’s expected growth, financial performance, and industry trends. Keep in mind that these targets are speculative and should be considered as indicative rather than definitive predictions.
Leo Dry Fruits and Spices Share Price Target 2025
| Month | Target Price (₹) |
|---|---|
| January | ₹70 |
| February | ₹72 |
| March | ₹74 |
| April | ₹76 |
| May | ₹78 |
| June | ₹80 |
| July | ₹82 |
| August | ₹84 |
| September | ₹85 |
| October | ₹87 |
| November | ₹89 |
| December | ₹90 |
Leo Dry Fruits and Spices Share Price Target 2026
| Month | Target Price (₹) |
|---|---|
| January | ₹85 |
| February | ₹87 |
| March | ₹89 |
| April | ₹91 |
| May | ₹93 |
| June | ₹95 |
| July | ₹97 |
| August | ₹99 |
| September | ₹101 |
| October | ₹103 |
| November | ₹105 |
| December | ₹107 |
Leo Dry Fruits and Spices Share Price Target 2027
| Month | Target Price (₹) |
|---|---|
| January | ₹100 |
| February | ₹102 |
| March | ₹104 |
| April | ₹106 |
| May | ₹108 |
| June | ₹110 |
| July | ₹112 |
| August | ₹114 |
| September | ₹116 |
| October | ₹118 |
| November | ₹120 |
| December | ₹122 |
Leo Dry Fruits and Spices Share Price Target 2028
| Month | Target Price (₹) |
|---|---|
| January | ₹120 |
| February | ₹123 |
| March | ₹125 |
| April | ₹127 |
| May | ₹129 |
| June | ₹131 |
| July | ₹133 |
| August | ₹135 |
| September | ₹137 |
| October | ₹139 |
| November | ₹141 |
| December | ₹143 |
Leo Dry Fruits and Spices Share Price Target 2029
| Month | Target Price (₹) |
|---|---|
| January | ₹140 |
| February | ₹142 |
| March | ₹144 |
| April | ₹146 |
| May | ₹148 |
| June | ₹150 |
| July | ₹152 |
| August | ₹154 |
| September | ₹156 |
| October | ₹158 |
| November | ₹160 |
| December | ₹162 |
Leo Dry Fruits and Spices Share Price Target 2030
| Month | Target Price (₹) |
|---|---|
| January | ₹160 |
| February | ₹163 |
| March | ₹165 |
| April | ₹167 |
| May | ₹169 |
| June | ₹171 |
| July | ₹173 |
| August | ₹175 |
| September | ₹177 |
| October | ₹179 |
| November | ₹181 |
| December | ₹183 |
Leo Dry Fruits and Spices Share Price Target 2040
| Month | Target Price (₹) |
|---|---|
| January | ₹400 |
| February | ₹405 |
| March | ₹410 |
| April | ₹415 |
| May | ₹420 |
| June | ₹425 |
| July | ₹430 |
| August | ₹435 |
| September | ₹440 |
| October | ₹445 |
| November | ₹450 |
| December | ₹455 |
FAQ’s
Q1: What is the Leo Dry Fruits and Spices IPO issue size?
The issue size of the IPO is ₹25.12 crores, with 4,830,000 shares being offered.
Q2: What is the price band for Leo Dry Fruits and Spices shares?
The price band is ₹51 to ₹52 per share.
Q3: What are the key brands under Leo Dry Fruits and Spices?
Leo Dry Fruits operates under the brands “VANDU” for spices and “FRYD” for frozen products.
Q4: How has Leo Dry Fruits’ financial performance been?
The company has shown strong growth in revenue and profit, with a notable improvement in its debt-equity ratio.
Q5: What is the future share price prediction for Leo Dry Fruits?
Based on current growth trends, the share price could rise to ₹70 in 2025, ₹85 by 2026, and potentially ₹400 by 2040.
Final Words
The Leo Dry Fruits and Spices Share Price Target presents a fascinating investment opportunity. With strong financial growth, expanding market presence, and promising future projections, Leo Dry Fruits could be a solid pick for long-term investors. Keep an eye on the company’s performance post-IPO, and consider these price targets when evaluating its investment potential. However, remember that stock prices are subject to market conditions and company performance, so always do your research before making any investment decisions.
