Lite Bite Foods IPO – Review, Allotment Status, Subscription, Price, Date & more
Last Updated Date: Aug 29, 2023Life Bite Foods IPO is on the way. The restaurant firm, Lite Bite Foods, has been planning on raising funds for its expansion plans since over an year now. Lite Bite Foods’ management mentioned in late 2016 that the company is has achieved the figures and is ready to be listed. To know more details about the Lite Bite Foods IPO like IPO date, IPO size, IPO price and company’s background and promoters, please read this article.
Lite Bite Foods IPO Review & Ratings
| Lite Bite Foods IPO Ratings & Review | |
| Criteria | Ratings |
| Industry Sentiments | 6.8/10 |
| Industry Ranking | 6.7/10 |
| Company Background | 6.9/10 |
| Company Reputation | 6.7/10 |
| Competitive Edge | 6.2/10 |
| Financial Statements | 6.4/10 |
| Popularity Index | 6.3/10 |
| Promoters Reputation | 6.7/10 |
| Retail Appetite | 6.8/10 |
| Top Brokers Review | 6.3/10 |
| Overall Ratings | 6.6/10 |
| Star Ratings | ★★★☆☆ |
Summary of Lite Bite Foods IPO
Lite Bite Foods runs over 180 restaurant stores including Punjab Grill, Zambar and Street Foods. The latest revenue figures available show a top line revenue of Rs. 300 crores and is expected to increase to Rs. 500 crores.
The current revenue growth has been recorded at 30-32%. The company is being managed by Mr. Amit Burman and Mr. Rohit Aggarwal.
The details related to the book-running lead managers and the registrar to the offer would be shortly disclosed here.
Subscribe to Lite Bite Foods IPO – Fill up the Form Below
Lite Bite Foods IPO Date
Lite Bite Foods IPO date is yet to be disclosed. Once the details are out, the same would be reflected herein.
Lite Bite Foods IPO Subscription
| Subscription | |
| Day 1 | X |
| Day 2 | X |
| Day 3 | X |
| Day 4 | X |
| Day 5 | X |
Lite Bite Foods IPO is yet to be released and hence the details of the shares subscribed will be updated herein over some time.
Lite Bite Foods IPO Allotment Status
The details of shares allotted to the subscribers will be updated herein once the IPO is released.
Lite Bite Foods IPO Price Band
The price band for Lite Bite Foods IPO will be shortly updated in this section.
Lite Bite Foods IPO Issue Size
The Lite Bite Foods IPO issue size is not yet disclosed. Once the information is available, the details would be updated herein.
Lite Bite Foods IPO Equity Share Offerings
The number of shares offered by Lite Bite Foods IPO is not yet disclosed. The details would be updated once the information in available.
Lite Bite Foods Private Limited – Company Overview
Lite Bite Foods Private Limited, established in 2002, is one of India’s largest and most dynamic food & beverage retail companies with 14 owned brands and 7 managed brands under its umbrella.
It has more than 138 operational stores across the globe having a strong presence in prominent Malls, Airports, High Streets, Multiplexes, Office complexes, Hotels and other high footfall locations including Highways in India and Overseas. For airports, Lite Bite operates on the franchise model, and has set up stores for KFC and Burger King, among others.
Key members of Lite Bite Foods are:
- Mr. Amit Burman (Chairman)
- Mr. Rohit Aggarwal (Director)
- Mr. Sharad Sachdeva (CEO)
Competitive Strengths of Lite Bite Foods
- Partnership with overseas leading groups
- Culinary champions on board
- Store locations – malls, airports etc.
- Additional stores in schools and office complexes
Business strategies of Lite Bite Foods
- Store location
- Brand leadership
- Float customer loyalty programme
- Value for money
- Outstanding customer service
- Quality
Lite Bite Foods – Financial Statements
A quick look into the financial figures of the company :
Assets of the Company
| Assets (in INR & Millions) | |||||
| Mar’17 | Mar’16 | Mar’15 | Mar’14 | Mar’13 | |
| Non-Current Asset | |||||
| Current Asset | |||||
| Total Asset | |||||
The details would be updated shortly.
Revenue & PAT of the Company
| Revenue & Profits (in INR & Millions) | |||||
| Mar’17 | Mar’16 | Mar’15 | Mar’14 | Mar’13 | |
| Total Revenue | |||||
| Profit after Tax (PAT) | |||||
The details would be updated shortly.
Earnings per Equity Share
| Earning per Equity Share (in INR) | |||||
| Mar’17 | Mar’16 | Mar’15 | Mar’14 | Mar’13 | |
| Basic | |||||
| Diluted | |||||
The details would be shortly updated herein and an analysis of the same would also be presented.
Lite Bite’s revenues grew 30-32% over last year and the business is now close to Rs. 300 crores.
Lite Bite Foods Private Limited Promoters
The promoters of Lite Bite Foods are:
- Mr. Amit Burman (Chairman)
- Mr. Rohit Aggarwal (Director)
- Mr. Sharad Sachdeva (CEO)
Promoter Interest in the company.
The details of the interest held by the promoters in the company would be updated in a few days.
Promoter Interest in property of the company
These details would be updated shortly.
Lite Bite Foods IPO Offer Details or Issue Details
| Offer | – |
| Of which | |
| Issue reserved for the Market Makers | – |
| Net Issue to the public | – |
| Of which | |
| Allotment to retail investors | – |
| Allotment to other investors | – |
| Equity Shares outstanding prior to the offer | – |
| Equity Shares outstanding after the Offer | – |
The details would be updated upon release by the company.
Lite Bite Foods IPO Issue Object
- Business expansion
- General Corporate purpose
- Issue expenses
List of Upcoming IPOs in 2018
| HDFC AMC IPO | Nekkanti Seafoods IPO | Devi Seafoods IPO | Sandhya Marines IPO |
| John Energy IPO | TCNS Clothing IPO | SembCorp Energy IPO | Credit Access Grameen IPO |
Lite Bite Foods IPO – Basis of the Offer Price
The offer price is determined via book building process wherein the company and the lead managers of the IPO mutually decide the price based on market sentiments and other qualitative and quantitative factors.
The qualitative factors relevant to decide the issue price:
- Partnership with overseas leading groups
- Culinary champions on board
- Store locations – malls, airports etc.
- Additional stores in schools and office complexes
The quantitative factors relevant for the issue price are:
- Earning per share
- Price/earning ratio
- Return on Net Worth
- Net Asset Value – NAV per Equity Share
- Comparison with listed industry peer review
List of Latest IPOs of 2018
| Fine Organic IPO | IndoStar Capital IPO | Capricorn Food Products IPO | Flemingo Travel Retail IPO |
| Nazara Technologies IPO | Genius Consultants IPO | Rail Vikas Nigam IPO | Verroc Engineering IPO |
Lite Bite Foods IPO Lead Managers
| Lead Managers |
| To be updated shortly |
Lite Bite Foods IPO Registrar to the Offer
| Registrar of the Offer |
| To be updated shortly |
The details of registrar to the offer would be provided herein shortly.
Kalyan Jewellers IPO Review by Top 10 Stock Brokers
| Top Stock Brokers Review | Company Reputation | Competitive Edge | Financial State-ment | Popularity Index | Promoters Reputation |
| Angel Broking | |||||
| Sharekhan | |||||
| Kotak Securities | |||||
| ICICI Direct | |||||
| IIFL | |||||
| Edelweiss | |||||
| Zerodha | |||||
| 5Paisa | |||||
| Karvy | |||||
| Motilal Oswal |
The ratings would be updated once the financials and the other details of the IPO are released.
Lite Bite Foods IPO Grey Market Premium
Lite Bite Foods IPO Grey market would open a fortnight before the release of the IPO. Also, the kostak rate for this IPO would float in market before the IPO is launched.
Subscribe to Lite Bite Foods IPO – Fill up the Form Below
Lite Bite Foods IPO News
News 1 – Punjab Grill operator Lite Bite Foods plans IPO in next 12 months
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