The NeoPolitan Pizza and Foods IPO offers a minimum market lot requirement of 6,000 shares with a total application amount of ₹120,000. This IPO is categorized as a Small and Medium Enterprises (SME) IPO and is set to be listed on the BSE.
Founded initially on February 5, 2011, as “JRM Fertilizer Private Limited,” NeoPolitan Pizza and Foods Limited operates from its headquarters at 434 & 435, SWC Hub, Opp. Rajpath Complex, Vasna Bhayli Road, Vadodara – 391410, Gujarat, India. The company transitioned from a private limited to a public entity under the provisions of the Companies Act, 2013, and officially changed its name to “Neopolitan Pizza Limited” on October 22, 2014. Subsequently, it was listed on the Emerge ITP Platform of the National Stock Exchange of India Limited (NSE) on November 3, 2014.
NeoPolitan Pizza and Foods operates in two primary segments: the restaurant business and trading of agricultural commodities. The restaurant operations are conducted through a franchise model, specializing in Italian pizzas that are made with fresh ingredients. In addition, the company’s agricultural division deals with various products, including wheat, rice, tomatoes, onions, and other essential commodities.
IPOWatch Analysis
Investors are advised to consider applying for this IPO with a long-term investment perspective. It is also recommended that potential investors assess the subscription numbers among Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII), and Retail Investors (RII) prior to making an investment decision.
NeoPolitan Pizza and Foods IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| NII | 0.12 | 0.44 | 1.94 |
| RII | 1.54 | 5.12 | 16.90 |
| Total | 0.83 | 2.78 | 9.42 |
Investor Categories for NeoPolitan Pizza and Foods IPO
- Qualified Institutional Buyers (QIB): Includes Financial Institutions, Banks, Foreign Institutional Investors (FIIs), and Mutual Funds.
- Non-Institutional Investors (NII): Comprises of Individual Investors, Non-Resident Indians (NRIs), Companies, Trusts, etc.
- Retail Individual Investors (RII): Consists of retail investors and NRIs.
- Employee (EMP): Pertains to eligible employees of the company.
- Others: Includes eligible shareholders.
Review of NeoPolitan Pizza and Foods IPO
Application Process for NeoPolitan Pizza and Foods IPO
Interested investors can apply for the NeoPolitan Pizza and Foods IPO using the ASBA (Application Supported by Blocked Amount) facility available through their bank accounts. To initiate the process, log in to the online banking portal, locate the Invest section, and select the NeoPolitan Pizza and Foods IPO to proceed. Alternatively, IPO application forms can be downloaded online, filled out, and then submitted either at the bank or through your broker.
