Pind Hospitality IPO Details
Pind Hospitality IPO Summary
Pind Hospitality IPO DRHP (Draft Red Herring Prospectus) has been Exchange Approval Received.
Pre-issue shareholding stands at 41,98,812, which will increase to 59,98,812 post-issue.
Pind Hospitality IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.
The Lead Managers for Pind Hospitality IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Fedex Securities Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the Pind Hospitality Limited DRHP.
Pind Hospitality IPO Details
Pind Hospitality IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| To be announced | |||
Pind Hospitality IPO Reservation
Promoter Holding
Documents
Pind Hospitality IPO Valuations
Pind Hospitality Financial Information
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 27.07 | 26.04 | 6.73 | 0.94 |
| Total Income | 12 | 20.87 | 19.09 | 5.13 |
| Profit After Tax | 0.9 | 2.21 | 1.22 | 0.05 |
| Net Worth | 10.58 | 9.69 | 3.87 | 0.25 |
| Reserves and Surplus | 6.39 | 5.49 | 0.27 | 0.05 |
| Amount in ₹ Crore | ||||
About Pind Hospitality IPO
Incorporated in June 15, 2021, Pind Hospitality Limited is engaged in the hospitality sector, specifically in hotels and restaurants.
The company has completed over 5 lakh deliveries and is recognized as one of the long-standing restaurant partners in Pune by third-party food delivery apps.
The company served 2.18 lakh, 4.23 lakh, 4.43 lakh, and 0.96 lakh orders through food delivery apps in the six months ending September 2024, 2024, 2023, and 2022, respectively.
The company sources raw materials from local and organized vendors to meet safety and quality standards, including perishable items like dairy, vegetables, and meat. Restaurants undergo routine audits for FSSAI compliance.
Services:
- Restaurants: The company, along with its partnership firm Pind Punjab, operates six restaurants in Pune, Maharashtra, with no permanent closures since 2016.
- Delivery: The company serves customers through third-party food delivery apps, its own mobile app, online bookings, and phone orders. It also offers mobile pre-ordering for pick-up within a 6 km radius.
- Outdoor Catering: The company also offers outdoor catering services for special events and workplace canteens, with revenue of ₹80.69 lakhs, ₹64.38 lakhs, ₹59.84 lakhs, and ₹51.16 lakhs in recent periods.
- Advertising Strategy: The company targets middle and upper-middle-class consumers through advertising focused on fresh, affordable food. It uses various media, including internet, print, direct marketing, and social media, to increase brand awareness.
As of September 30, 2024, the company had 138 staff, who formed a part of the central functions including finance, human resources and administration.
Strength Of Pind Hospitality IPO
Risk Of Pind Hospitality IPO
Objectives Pind Hospitality IPO
1. Funding towards capital expenditure for setting up a hotel-cum-banquet hall in Lonavala, Maharashtra ("Haveli Project")
2. General corporate purposes
Company Contact Details
Pind Hospitality Ltd.
Plot no. 5,
Sairung Woods, Hinjewadi Phase 2,
Mulshi,
Pune, Maharashtra, 411057
Phone: +91 84373 76655
Email: investor@pindhospitalitylimited.com
Website: http://www.pindpunjab.in/
Registrar Contact Details
Market Maker
Pind Hospitality FAQs
The Pind Hospitality IPO is a SME public issue comprising 0 equity shares with a face value of ₹10 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.
The IPO opens for subscription on TBA, and closes on TBA.
Bigshare Services Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE
As of now, the current GMP stands at TBA.
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