Neopolitan Pizza and Foods Limited IPO GMP

Neopolitan Pizza specializes in take-out and delivery of pizza made from the freshest and top-quality ingredients and it also engages in the trading of agricultural commodities. The company deals in products such as wheat, rice, tomatoes, onions, and other such products.

Neopolitan Pizza, an Fixed Price Issue amounting to ₹12.00 Crores, consisting entirely an Fresh Issue of 60.00 Lakh Shares. The subscription period for the Neopolitan Pizza IPO opens on September 30, 2024, and closes on October 04, 2024. The allotment is expected to be finalized on or about Monday, October 07, 2024, and the shares will be listed on the BSE SME with a tentative listing date set on or about Wednesday, October 09, 2024.

The Share price Neopolitan Pizza IPO is set at ₹20 equity per share, with a minimum lot size of 6,000 shares. Retail investors are required to invest a minimum of ₹1,20,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (12,000 shares), amounting to ₹2,40,000.

TURNAROUND CORPORATE ADVISORS PRIVATE LIMITED is the book-running lead manager, BIGSHARE SERVICES PRIVATE LIMITED is the registrar for the Issue. “MNM Stock Broking Private Limited is the sole Market Marker for the Neopolitan Pizza.

Neopolitan Pizza and Foods Limited IPO GMP Today
The Grey Market Premium of Neopolitan Pizza and Foods Limited IPO is expected to be ₹0 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Nepolitan Pizza and Foods Limited IPO Live Subscription Status Today: Real-Time Updates
As of 06:00 PM on 04 October 2024, the Nepolitan Pizza and Foods Limited IPO live subscription status shows that the IPO subscribed 30.14 times on its Final day of subscription period. Check the Nepolitan Pizza and Foods Limited IPO Live Subscription Status Today at BSE.

Nepolitan Pizza and Foods Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online 
Nepolitan Pizza and Foods IPO allotment date is 07 October, 2024, Monday. Neopolitan Pizza IPO Allotment will be out on 7th October 2024 and will be live on Registrar Website from the allotment date. Check Neopolitan Pizza and Foods Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Neopolitan Pizza and Foods Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Neopolitan Pizza and Foods Limited IPO
Neopolitan Pizza Issue Proceeds from the Fresh Issue will be utilized towards the following objects : 
1. ₹708.00 Lakhs will be used for Expansion of their Retail Network by launching 16 new Quick Service Restaurants (QSR) 
2. ₹26.00 Lakhs will be used for Security Deposit and Advance Rent 
3. ₹13.00 Lakhs will be used for Brokerage Charges 
4. ₹352.00 Lakhs will be used to meet Working Capital Requirements 
5. ₹71.00 Lakhs will be used for General Corporate Purposes

Refer to Neopolitan Pizza and Foods Limited RHP for more details about the Company.