NeoPolitan Pizza and Foods IPO Date, Review, Price, Allotment Details

NeoPolitan Pizza and Foods IPO is opening for subscription on September 30, 2024, and closing on October 4, 2024. This BSE SME IPO aims to raise ₹12.00 crores, with a 100% Fresh Issue of TBA equity shares, each with a face value of ₹10. The price band for the NeoPolitan Pizza and Foods IPO is fixed at ₹20 Per Share, with a market lot of 6000 Shares. The allocation for this IPO is as follows: 50% for retail investors, and 50% for high-net-worth individuals (HNI). NeoPolitan Pizza and Foods IPO Allotment will done on October 7, 2024, and NeoPolitan Pizza and Foods IPO listing date is October 9, 2024.

 

NeoPolitan Pizza and Foods Company Profile

NeoPolitan Pizza and Foods is an Indian-based pizza brand that operates in the quick-service restaurant (QSR) sector. Established in 2012, the brand was born out of a vision to bring authentic Italian-style pizza to Indian consumers while incorporating local flavors. Over the years, NeoPolitan Pizza has grown into a recognizable name in the Indian pizza market, known for its focus on freshness, quality ingredients, and a wide variety of offerings. Here’s an in-depth look at NeoPolitan Pizza and its food business model:

Brand Philosophy

The name “NeoPolitan” itself draws inspiration from Naples, Italy, often regarded as the birthplace of pizza. The restaurant chain emphasizes offering authentic, hand-crafted pizzas with a Neapolitan influence. However, what sets NeoPolitan Pizza apart from other pizza chains is its ability to adapt these Italian roots to Indian tastes, thereby making it more appealing to the local population.

The brand’s core mission is to offer high-quality, affordable, and fresh pizzas while maintaining the fast-paced service that customers expect in a QSR environment.

Product Range

1. Pizza

NeoPolitan Pizza focuses on traditional hand-tossed pizzas but has made modifications to the flavor profiles to cater to Indian palates. The menu includes a mix of classic Italian pizzas as well as localized versions that incorporate Indian spices and toppings.

• Classic Pizzas: They offer a range of Neapolitan-style pizzas, including Margherita, Farm Fresh Veggie, and exotic combinations like Mediterranean and Four Cheese.
• Indianized Pizzas: Some pizzas are designed with Indian flavors in mind, such as Paneer Tikka, Spicy Chicken Tandoori, and Schezwan-inspired toppings.

2. Pizza Bases

NeoPolitan Pizza offers a variety of crust options, giving customers the flexibility to choose their preference. Options include thin crust, whole wheat crust, stuffed crust, and a more traditional thick crust. The variety in crust types is another feature that distinguishes it from other brands.

3. Side Dishes

While pizzas are the main offering, the brand has diversified its menu to include various side dishes to cater to a broader customer base.

• Garlic Bread: A popular accompaniment, NeoPolitan Pizza offers various versions, including stuffed and cheesy garlic bread.
• Salads: Fresh salads like Caesar Salad and Garden Green Salad are available for those looking for healthier options.
• Pasta and Lasagna: In addition to pizzas, they offer pasta dishes and baked lasagnas, which are Italian staples, but again, these dishes often come with localized variations.
• Fries, Potato Wedges, and Nachos: As part of the QSR segment, finger foods and appetizers like loaded fries and nachos with cheese and salsa are also on the menu.

4. Beverages and Desserts

To round out their offerings, NeoPolitan Pizza also serves a variety of beverages, including soft drinks, fresh juices, and milkshakes. For dessert, they provide options like Choco Lava Cake, Tiramisu, and other baked delights.

Target Market

NeoPolitan Pizza targets a wide audience, from young professionals looking for a quick meal to families dining out. The brand places a strong emphasis on affordability, making it a popular choice among college students and young adults. With the rise of food delivery platforms like Zomato and Swiggy in India, NeoPolitan Pizza has also expanded its reach to the home delivery segment, catering to the growing demand for online food ordering.

Focus on Vegetarian Offerings

One unique feature of NeoPolitan Pizza is its extensive vegetarian menu. Given that a large percentage of India’s population is vegetarian, the brand offers a broad array of vegetarian pizzas and sides. This is unlike many other international pizza chains that tend to focus more on meat-based options. Their vegetarian pizzas, including paneer-based variants, have gained popularity among Indian customers.

Quality and Freshness

NeoPolitan Pizza’s business model is built around the idea of providing high-quality ingredients. The brand emphasizes the use of fresh vegetables, premium cheese, and hand-tossed dough made in-house. Their sauces are typically prepared fresh, ensuring a robust flavor. This focus on freshness extends to other menu items as well, where attention is given to the preparation process.

Franchise Model and Expansion

NeoPolitan Pizza operates primarily through a franchise model. By offering franchise opportunities, the brand has been able to expand rapidly across various cities in India. The franchise model also allows them to maintain consistent quality and service standards across all locations.

The brand has a relatively low-cost entry point for franchisees, making it appealing for entrepreneurs. Their business support includes supply chain assistance, marketing strategies, and training programs, all of which have helped the brand grow at a steady pace.

Pricing Strategy

NeoPolitan Pizza’s pricing strategy is designed to attract middle-class consumers. By offering a wide variety of pizzas and sides at different price points, they can appeal to budget-conscious customers as well as those willing to spend more for premium options. The pricing is generally competitive with other major players in the QSR pizza segment in India, such as Domino’s, Pizza Hut, and local pizza chains.

 

NeoPolitan Pizza and Foods IPO GMP

 

NeoPolitan Pizza and Foods IPO Objectives

The funds raised through the IPO will be utilized for:

1. Expanding the retail network by launching 16 new Quick Service Restaurants.
2. Covering security deposits and advance rents.
3. Paying brokerage charges.
4. Meeting working capital requirements.
5. Addressing general corporate expenses.

 

NeoPolitan Pizza and Foods IPO Key Details

• NeoPolitan Pizza and Foods IPO Open Date: September 30, 2024
• NeoPolitan Pizza and Foods IPO Close Date: October 4, 2024
• NeoPolitan Pizza and Foods IPO Size: Approximately ₹12.00 crores, Equity Shares
• Face Value: ₹10 Per Equity Share
• NeoPolitan Pizza and Foods IPO Price Band: ₹20 Per Equity Share
• NeoPolitan Pizza and Foods IPO Listing on: BSE SME IPO
• Retail Quota: 50% of the net offer
• NII Quota: 50% of the net offer

 

Market Lot for NeoPolitan Pizza and Foods IPO:

• Minimum Lot Size (Retail): 6,000 shares
• Minimum Investment (Retail): ₹120,000
• HNI Minimum Lot: 12,000 shares
• Minimum Investment (HNI): ₹240,000

 

NeoPolitan Pizza and Foods IPO Timeline

• NeoPolitan Pizza and Foods IPO Open Date: September 30, 2024
• NeoPolitan Pizza and Foods IPO Close Date: October 4, 2024
• Basis of Allotment: October 7, 2024
• Refunds: October 8, 2024
• Credit to Demat Account: October 8, 2024
• NeoPolitan Pizza and Foods IPO Listing Date: October 9, 2024

 

How to Apply for NeoPolitan Pizza and Foods IPO

Investors can apply for the NeoPolitan Pizza and Foods IPO through ASBA (Applications Supported by Blocked Amount) online via their bank accounts or by using the offline IPO forms, which can be downloaded from the BSE website.

 

NeoPolitan Pizza and Foods Financial Performance (in Crores)

 

NeoPolitan Pizza and Foods Valuation FY2024

• Return on Capital Employed (ROCE): 17.06%
• EBITDA Margin: 7.36%
• Profit After Tax (PAT) Margin: 4.75%
• Debt to Equity Ratio: 0.18
• Earnings Per Share (EPS): ₹1.90 (Basic)
• Price/Earnings (P/E) Ratio: 10.51
• Return on Net Worth (RoNW): 13.15%
• Net Asset Value (NAV): ₹14.46

 

NeoPolitan Pizza and Foods Peer Group

 

NeoPolitan Pizza and Foods Company Promoters

• Mr. Mukund Purohit
• Mrs. Arti Mukund Purohit

 

NeoPolitan Pizza and Foods IPO Registrar

Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,Makwana Road,
Marol, Andheri(E), Mumbai – 400 059
Website: https://ipo.bigshareonline.com/IPO_Status.html
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com

 

NeoPolitan Pizza and Foods IPO Allotment Status Check

• Check the NeoPolitan Pizza and Foods IPO allotment status on the Bigshare Services website.

 

NeoPolitan Pizza and Foods IPO Allotment Link

• Check the NeoPolitan Pizza and Foods IPO allotment on the Check Ipo Allotment website.

 

NeoPolitan Pizza and Foods IPO Lead Managers (Merchant Bankers)

• Turnaround Corporate Advisors Private Limited

 

NeoPolitan Pizza and Foods Company Address

434 & 435, SWC Hub, Opp. Rajpath Complex, Vasna Bhayli Road,
Vadodara,Gujarat-391410 India
Website: https://www.neopolitanpizza.in/
Phone: +91 95740 00428
Email: csneo@neopolitanpizza.in

 

NeoPolitan Pizza and Foods IPO FAQs

 

What is NeoPolitan Pizza and Foods IPO?

NeoPolitan Pizza and Foods IPO is a BSE SME IPO. They are going to raise ₹12.00 crores via IPO. The issue is priced at ₹20 Per equity share. The IPO is to be listed on BSE.

 

When will the NeoPolitan Pizza and Foods IPO open?

The IPO is to open on September 30, 2024, for NII, and Retail Investors.

 

What is NeoPolitan Pizza and Foods IPO Investors Portion?

The investors’ portion for QIB is [.]%, NII is 50%, and Retail is 50%.

 

How to Apply for the NeoPolitan Pizza and Foods IPO?

You can apply for Shelter Finance IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

 

How to Apply NeoPolitan Pizza and Foods IPO through M-Stock?

For those using M-Stock, the application process involves logging into the M-Stock Account, selecting the IPO under the Product Tab, and then filling in the necessary details. Approval through a UPI app is also required. Opening a Demat Account with M-Stock may be necessary for some applicants. Open Demat Account with M-Stock.

 

How to Apply the NeoPolitan Pizza and Foods IPO through Alice Blue?

Alice Blue users can apply by logging into the Alice Blue application, selecting the IPO, and confirming their application. Similar to other methods, approval via a UPI app is required. Opening a Demat Account with Alice Blue may also be necessary. Open a Demat Account with Alice Blue.

 

How to Apply for the NeoPolitan Pizza and Foods IPO through Motilal Oswal?

Log in to Motilal Oswal Application with your credentials. Select the IPO. You will see the IPO Name. Click on the Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Motilal Oswal.

 

What is NeoPolitan Pizza and Foods IPO Size?

NeoPolitan Pizza and Foods IPO size is ₹12.00 crores.

 

What is NeoPolitan Pizza and Foods IPO Price Band?

NeoPolitan Pizza and Foods IPO Price Band is ₹20 Per equity share.

 

What is NeoPolitan Pizza and Foods IPO Minimum and Maximum Lot Size?

The IPO bid is 6000 Shares with ₹120,000.

 

What is NeoPolitan Pizza and Foods IPO Allotment Date?

NeoPolitan Pizza and Foods IPO allotment date is October 7, 2024.

 

What is NeoPolitan Pizza and Foods IPO Listing Date?

NeoPolitan Pizza and Foods IPO listing date is October 9, 2024. The IPO to list on BSE SME IPO.