# NeoPolitan Pizza and Foods IPO: A Fresh Opportunity for Investors in 2024

URL: https://technosports.co.in/neopolitan-pizza-and-foods-ipo-2024/  
Published: 2024-09-30  
Updated: 2024-09-30  
Author: Raunak Saha

The highly anticipated **[NeoPolitan Pizza and Foods IPO](https://www.neopolitanpizza.in/)** is set to make its debut, offering a unique investment opportunity in the growing quick-service restaurant (QSR) and agricultural trading space.

With an issue size of **₹12.00 crores**, the [IPO](https://technosports.co.in/tag/ipo/) opens for subscription on **September 30, 2024**, i.e. today, and closes on **October 4, 2024**. As one of the key players in the QSR industry specializing in authentic Neapolitan-style pizza, the company aims to expand its restaurant network and strengthen its foothold in the market. Let’s dive into the details of this IPO and what it means for potential investors.

![](https://technosports.co.in/wp-content/uploads/2024/09/image-21-537-1024x576.jpg)
*NeoPolitan Pizza and Foods IPO*

## NeoPolitan Pizza and Foods IPO Schedule

Here is the important timeline for the **NeoPolitan Pizza and Foods IPO**:

| Event | Date |
| --- | --- |
| **IPO Open Date** | September 30, 2024 |
| **IPO Close Date** | October 4, 2024 |
| **Allotment Finalization** | October 7, 2024 |
| **Refund Initiation** | October 8, 2024 |
| **Credit of Shares to Demat** | October 8, 2024 |
| **Listing Date (Tentative)** | October 9, 2024 |

## NeoPolitan Pizza and Foods IPO Details

Here’s an overview of the key details for the **NeoPolitan Pizza and Foods IPO**:

- **Price**: ₹20 per share
- **Lot Size**: 6,000 shares
- **Minimum Investment (Retail)**: ₹120,000 (1 lot)
- **Minimum Investment (HNI)**: ₹240,000 (2 lots)
- **Total Issue Size**: ₹12.00 crores
- **Listing at**: **BSE SME**
- **Market Maker**: **Mnm Stock Broking**
- **Lead Manager**: **Turnaround Corporate Advisors Private Limited**

![](https://technosports.co.in/wp-content/uploads/2024/09/image-21-538.jpg)
*NeoPolitan Pizza and Foods IPO*

## Company Overview: NeoPolitan Pizza and Foods Limited

Incorporated in **February 2011**, **NeoPolitan Pizza and Foods Limited** operates in two main segments: **restaurant operations** and **agricultural commodity trading**. Known for its **Neapolitan-style pizza**, the company runs restaurants across **16 cities** in **2 states** in India, along with a strong presence through its **franchise model**. The company’s ISO 22000:2018 certification reflects its commitment to quality and safety in its food production.

NeoPolitan Pizza offers a diverse menu catering to various dietary preferences, including gluten-free and vegetarian options. They also emphasize **customer service**, using technology to enhance operations such as **online ordering**, **delivery tracking**, and **feedback systems**.

### Competitive Strengths

- **Authentic Neapolitan-style pizza** with fresh ingredients.
- **Diverse menu** to cater to different tastes, including vegetarian and gluten-free options.
- **Strong brand identity** with consistent branding across outlets.
- **Technology-driven operations** such as online ordering and delivery tracking.
- **Emphasis on customer service**, fostering loyalty through personalized experiences.

![NeoPolitan Pizza and Foods IPO: A Fresh Opportunity for Investors in 2024](https://technosports.co.in/wp-content/uploads/2024/09/image-21-539.jpg)
*NeoPolitan Pizza and Foods IPO*

### Global Expansion

NeoPolitan Pizza has also made international strides by establishing a wholly-owned subsidiary, **Neoindian Pizza Inc.**, in the USA.

## Financial Highlights

NeoPolitan Pizza and Foods Limited has shown impressive financial growth over the past few years. The company’s **revenue increased by 120%**, while its **profit after tax (PAT) grew by 80%** from **FY 2023** to **FY 2024**.

| Financials (₹ lakhs) | FY 2024 | FY 2023 | FY 2022 |
| --- | --- | --- | --- |
| **Revenue** | 4,401.07 | 2,004.61 | 1,630.82 |
| **Profit After Tax** | 210.72 | 116.8 | 18.44 |
| **Assets** | 2,040.5 | 1,811.58 | 1,300.94 |
| **Net Worth** | 1,590.86 | 1,381.61 | 807.39 |

### Key Performance Indicators

- **ROE**: 13.23%
- **ROCE**: 17.17%
- **Debt/Equity Ratio**: 0.04
- **PAT Margin**: 4.75%

![NeoPolitan Pizza and Foods IPO: A Fresh Opportunity for Investors in 2024](https://technosports.co.in/wp-content/uploads/2024/09/image-21-541-1024x1024.jpg)

## Objectives of the NeoPolitan Pizza and Foods IPO

The funds raised from this [IPO](https://technosports.co.in/tag/ipo/) will be allocated as follows:

- **Expansion of retail network**: Launching **16 new quick-service restaurants**.
- **Security deposits and advance rent**.
- **Working capital requirements**.
- **General corporate purposes**.

## NeoPolitan Pizza and Foods IPO FAQs

### 1. **When does the NeoPolitan Pizza and Foods IPO open and close?**

The IPO opens on **September 30, 2024**, and closes on **October 4, 2024**.

### 2. **What is the price band for NeoPolitan Pizza and Foods IPO?**

The price is set at **₹20 per share**.

### 3. **What is the minimum investment required for the NeoPolitan Pizza and Foods IPO?**

Retail investors need to invest a minimum of **₹120,000** for **6,000 shares** (1 lot).

### 4. **Who are the promoters of NeoPolitan Pizza and Foods Limited?**

The promoters are **Mr. Mukund Purohit** and **Mrs. Arti Mukund Purohit**.

### 5. **When will the shares be credited to my Demat account?**

The shares will be credited on **October 8, 2024**.

### 6. **When is the tentative listing date for NeoPolitan Pizza and Foods IPO?**

The tentative listing date is **October 9, 2024** on **BSE SME**.

### 7. **How will the IPO funds be used?**

The funds will be utilized for expanding the retail network, security deposits, working capital, and general corporate purposes.

### 8. **What is the post-IPO shareholding of the promoters?**

After the IPO, the promoters’ shareholding will be reduced to **47.03%**.

## Conclusion

The **NeoPolitan Pizza and Foods [IPO](https://technosports.co.in/tag/ipo/)** offers a promising opportunity for investors looking to tap into the **quick-service restaurant** and **agricultural trading** industries. With a focus on **sustainability**, **authentic Neapolitan-style pizza**, and strong financial performance, this IPO is well-positioned to attract attention in the market. Don’t miss your chance to invest in this exciting venture!