Leo Dry Fruits and Spices Trading, a company engaged in the business of manufacturing and trading dry fruits and spices under the VANDU brand, and frozen and semi-fried products under FRYD, opened its IPO on January 1, 2025, and concluded on January 3, 2025.

After three days of the bidding process, the allotment of shares is set to be finalised today, January 6, 2025.

Here is everything you need to know about the allotment process, GMP trends, subscription details, and the company’s market debut.

Leo Dry Fruits and Spices IPO – How to check the allotment process

Let’s take a look at how to check allotment status online. After the allotment is finalised, investors can check their IPO allotment status online through two platforms such as BSE, Bigshare Services

– Via BSE

1. Go to the official BSE website.

2. Select ‘Equity’ as the Issue Type.

3. From the dropdown menu, choose Leo Dry Fruits and Spices Trading.

4. Then, enter your details such as your Application Number or PAN.

5. Click ‘I am not a Robot,’ and then press Submit.

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– Via Bigshare Services

1. Visit the IPO registrar’s website – Bigshare Services.

2. Select Leo Dry Fruits and Spices Trading from the company dropdown list.

Choose from options like PAN, Application Number, DP/Client ID, or Account No/IFSC.

3. Fill in the required details and hit Submit.

Leo Dry Fruits and Spices IPO – Grey Market Premium (GMP) Trends

As per the latest data, the shares are trading at a premium of Rs 20 per share in the grey market, an unofficial marketplace. As of the current commanding trends, it indicates that the expected listing price of the issue is Rs 72 per share, a 38.46 per cent gain over the issue price of Rs 52.

Leo Dry Fruits and Spices IPO – Subscription numbers

On the final day of bidding, the IPO received a total subscription of 181.77 times. The retail category was subscribed 154.5 times, QIB subscribed 68.06 times and the NII segment subscribed 394.59 times.

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Leo Dry Fruits and Spices IPO – Key players behind the IPO

Book Running Lead Managers – Shreni Shares
Registrar – Bigshare Services
Market Maker – Rikhav Securities

Leo Dry Fruits and Spices IPO – Upcoming market debut

After today’s allotment, the company is all set to make its debut on the BSE SME platform on January 8, 2025.