| IPO date | 19 Mar 2024 – 21 Mar 2024 |
| Listing date | 27 Mar 2024 |
| Price range | 53 – 56 |
| Minimum order quantity | 2000 | (D)RHP | View |
Chatha Foods Limited is launching its IPO. The IPO opens for subscription on 19th March 2024 and will close on 21st March 2024.
Disclaimer: This stock will trade with a lot size of 2000 shares in the SME segment on the listing.
What does Chatha Foods Limited do?
Incorporated in 1997, Chatha Foods Limited is a provider of frozen food products to Quick Serving Restaurants (QSRs), Casual Dining Restaurants (CDRs), and the broader Hotel-Restaurant-Catering (HoReCa) industry. The company’s product lineup features a diverse range of offerings including chicken appetizers, meat patties, chicken sausages, sliced meat, toppings, and fillers, encompassing more than 70 distinct meat products. Its Mohali-based facility has an annual production capacity of approximately 7,839 metric tons.
The company’s distribution network includes 29 distributors, extending to 32 cities throughout India and supporting 126 mid-segment and standalone small QSR brands. The company partners with franchises like Domino’s and Subway’s India, Café Coffee Day, and Wok Express, among others.
Schedule/Timeline of Chatha Foods Limited IPO
| Issue Period | 19th March to 21st March 2024 |
| Deadline for accepting UPI mandate | Until 5 PM on the issue closing day |
| Finalization of Allotment | March 26, 2024 |
| Initiation of Refunds | March 27, 2024 |
| Credit of Shares | March 27, 2024 |
| Date of Listing | March 27, 2024 |
| Mandate end date | April 05, 2024 |
| Anchor Investors Lock-In End Date (50% of the investment) | April 25, 2024 |
| Anchor Investors Lock-In End Date (Remaining investment) | June 24, 2024 |
Note: Given that the above schedule is tentative, it should be noted that the anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares, and 90 days after for the remaining portion.
How to apply to the Chatha Foods Limited IPO?
You can apply for the Chatha Foods Limited IPO using any supported UPI app by following two steps:
- Enter your bid on Kite
- Accept the UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
How to check the allotment status for the Chatha Foods Limited IPO?
You can check the allotment status for the Chatha Foods Limited IPO on the website of the Registrar and Transfer agent.