Established in 1997, Chatha Foods Limited is one of India’s recognized frozen food processors,Chatha Foods is a frozen food processor, serving top QSRs, CDRs and other players in the HoReCa segment such as India franchisees of Domino’s and Subway, Café Coffee Day, Wok Express etc. It is associated with the Indian Food Services/Dining Out Industry.

Chatha Foods IPO Lates: Chatha Foods’ IPO has opened from March 19. And it will close on March 21. The company has fixed its price band at Rs 53 to Rs 56 per equity share, the face value of which has been fixed at Rs 10. The lot size of Chhath Foods IPO is 2,000 shares. Bids can be made for multiples of 2,000 shares with a minimum bid of Rs 2,000. The company intends to raise Rs 34 crore. The listing of shares will take place on BSE SME on March 27.
The minimum price is 5.3 times the marked price and the maximum price is 5.6 times the marked price.
Chatha Foods IPO Financial Performance
For the period ending September 2023, the company earned revenue of Rs 70.8 crore and net profit of Rs 3.41 crore.

Last date ipo
The IPO will open on March 19 and close on March 21. Final allotment will be done on 26 March. The company’s shares will be listed on March 27.

Chatha Foods Approach:Apart from quality assurance, developing strong customer relationships, through a partnership approach, has always been a top priority for us. And consequently, today, we are associated with various international food chains as well as several local QSRs. We were operational from 1998 (post incorporation in 1997) and owing to the aim and principles with which we had started, we soon transformed ourselves into a recognized and trusted brand name in the field. And the rest, as they say, is history.

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