NeoPolitan Pizza and Foods Limited IPO
Neopolitan Pizza and Foods Limited got listed on the Emerge Institutional Trading Platform (ITP) of the National Stock Exchange of India Limited (NSE) on November 3, 2014. However, after a strategic review, the company determined that remaining listed on the NSE’s ITP platform did not provide significant tangible advantages to shareholders or investors. The costs associated with compliance and the financial burden of adhering to multiple regulations prompted the company to seek voluntary delisting.
On May 31, 2018, the company received approval from NSE for voluntary delisting, with trading activities ceasing on June 6, 2018. As of June 14, 2018, the company was fully delisted from NSE’s ITP platform.
Business Segments
Today, Neopolitan Pizza and Foods Limited operates in two distinct business segments:
i. Restaurant Business
ii. Trading of Agricultural Commodities
Unique Value Proposition
Neopolitan Pizza and Foods Limited has successfully carved out a niche for itself in the competitive Indian food and beverage industry. By blending traditional Italian recipes with local tastes, it has positioned itself as a brand that resonates with the Indian consumer. The strategic use of the franchise model has allowed the company to scale its operations without heavy capital investment, driving profitability.
In the restaurant business, their commitment to using fresh ingredients and offering dietary-inclusive options such as gluten-free and vegetarian pizzas has widened their appeal. The company’s ability to adapt to the unique demands of the Indian market, while maintaining the essence of Neopolitan pizza, sets them apart from competitors.
On the commodity trading front, the company has established a second line of business, leveraging its expertise and market knowledge in agricultural commodities. This diversification reduces the risk associated with the highly competitive food and restaurant industry and opens up additional growth opportunities.
Conclusion
Neopolitan Pizza and Foods Limited has evolved from a small private company into a publicly listed entity with a diversified business model. With its strong presence in the restaurant sector and its growing involvement in agricultural commodities trading, the company is well-positioned for continued growth in the future. The combination of its successful franchise model, innovative product offerings, and strategic diversification will likely continue to drive its success in the competitive Indian market.
Objects of the NeoPolitan Pizza and Foods Limited IPO:
NeoPolitan Pizza and Foods Limited IPO Details:
Open Date: | Sep 30 2024 |
Close Date: | Oct 04 2024 |
Total Shares: | 6,000,000 |
Face Value: | ₹ 10 Per Equity Share |
Issue Size: | 12.00 Cr. |
Lot Size: | 6000 Shares |
Issue Price: | ₹ 20 Per Equity Share |
Listing At: | BSE SME |
Listing Date: | Oct 09 2024 |
Promoters And Management:
Financials of NeoPolitan Pizza and Foods Limited IPO:
Particulars ( In Lakhs ) |
2022 |
2023 |
2024 |
Revenue from Operations | 1,630 | 2,004 | 4,400 |
Other Income | 1 | 1 | 1 |
Total Revenue | 1,631 | 2,005 | 4,401 |
Purchases | 1,479 | 2,119 | 3,968 |
Change in Inventories | 0 | -417 | -10 |
Employees Benefit Expenses | 22 | 34 | 63 |
Other Expenses | 37 | 43 | 55 |
EBITDA | 93 | 226 | 326 |
OPM (%) | 5.68% | 11.27% | 7.41% |
Depreciation & Amortisation | 43 | 42 | 42 |
EBIT | 50 | 184 | 284 |
Finance Cost | 19 | 30 | 0.2 |
PBT | 31 | 154 | 284 |
Tax | 13 | 37 | 73 |
PAT | 18 | 117 | 211 |
NPM (%) | 1.13% | 5.83% | 4.79% |
No.of Shares | 170 | 170 | 170 |
EPS | 0.10 | 0.68 | 1.23 |
Comparison With Peers:
Name of the Company | Revenue (In Crore) | PAT (In Crore) | EPS ( in Rs) | P/E | CMP | Mcap (In Crore) |
Neopolitan Pizza and Foods Limited | 44 | 2 | 1.23 | 16.1 | 20 | 34 |
Restaurant Brands Asia Ltd | 2,437 | -237 | -4.39 | N/A | 111 | 5,518 |
Barbeque-Nation Hospitality Ltd | 1,255 | -11 | -3.43 | N/A | 639 | 2,497 |
Lead Manager of NeoPolitan Pizza and Foods Limited IPO:
Registrar of NeoPolitan Pizza and Foods Limited IPO:
Company Address:
Discussion on NeoPolitan Pizza and Foods Limited IPO:
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