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Examine Price Band, Lot Size, Allotment Date, Listing Date, GMP, and Additional Information About Chatha Foods IPO

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<p>The subscription period for Chatha Foods’ initial public offering (IPO) will begin on March 19, 2024, and end on March 21, 2024.</p>
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<p>Let’s examine the Chatha Foods IPO price band, lot size, listing date, and GMP.<br />
Details of Chatha Foods’ IPO:<br />
A new offer of 5,962,000 shares, valued at Rs 34 crore, is part of the IPO. Bidding is allowed for multiples of 2000 shares, with a minimum bid of 2000. For a retail investor, the minimum amount needed is Rs. 112,000.</p>
<p>Latest GMP for Chatha Foods IPO: The grey market premium for Chatha Foods shares on March 17, 2024, stays unchanged, according to to reports that monitor grey market activity.</p>
<p>Price Band for Chatha Foods’ IPO: The company has determined that the price band will fall between Rs. 53 and Rs. 56.</p>
<p>Size of Chatha Foods’ IPO Lot<br />
The lot size for the public offering of 2000 shares has been set by the firm.</p>
<p>Listing date and allotment for Chatha Foods<br />
The market debut of Chatha Foods’ shares is set for March 27, 2024, and the shares will be allocated on March 26, 2024. On March 27, 2024, the shares are anticipated to be credited to the account.</p>
<p>Promoters of Chatha Foods’ IPO and Registrar Information<br />
The individuals behind Chatha Foods include Paramjit Singh Chatha, Gurpreet Chatha, Gurcharan Singh Gosal, and Anmoldeep Singh. Skyline Financial Services Private Ltd. served as the registrar for Chatha Foods’ initial public offering. On the other hand, the public issue’s book-running lead manager is Indorient Financial Services Ltd.</p>
<p>The Chatha Foods IPO’s goals<br />
Chatha Foods intends to use the proceeds from the public offering for both general business activities and the establishment of the proposed manufacturing facility.</p>
<p>Chatha Foods Limited Enterprise<br />
Specialising in frozen food processors, Chatha Foods Limited offers its goods under the Chatha Foods trademark. Its manufacturing plant, which produces frozen food items, is located in District Mohali and has a capacity of around 7,839 metric tonnes. Its operations are now present in 32 Indian cities, and 29 distributors help it distribute its goods.</p>


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