Lite Bite Foods IPO – Review, Allotment Status, Subscription, Price, Date & more

Life 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
CriteriaRatings
Industry Sentiments6.8/10
Industry Ranking6.7/10
Company Background6.9/10
Company Reputation6.7/10
Competitive Edge6.2/10
Financial Statements6.4/10
Popularity Index6.3/10
Promoters Reputation6.7/10
Retail Appetite6.8/10
Top Brokers Review6.3/10
Overall Ratings6.6/10
Star Ratings★★★☆☆

Summary of Lite Bite Foods IPO

lite bite foods ipoLite 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.


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 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’17Mar’16Mar’15Mar’14Mar’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’17Mar’16Mar’15Mar’14Mar’13
Total Revenue
Profit after Tax (PAT)

The details would be updated shortly.

Earnings per Equity Share

Earning per Equity Share (in INR)
 Mar’17Mar’16Mar’15Mar’14Mar’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

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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

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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 ReviewCompany ReputationCompetitive EdgeFinancial State-mentPopularity IndexPromoters 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

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  1. Subscribe to IPOOpen Demat AccountBecome Sub Broker

Lite Bite Foods IPO News

News 1 – Punjab Grill operator Lite Bite Foods plans IPO in next 12 months


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