Leo Dryfruits & Spices Trading SME IPO Details, Financials, Valuation & Peers

Leo Dryfruits & Spices Trading Limited is engaged in the manufacturing, processing, trading, and marketing of a diverse range of spices, dry fruits, frozen/semi-fried products, and other grocery items under its flagship brands “VANDU” and “FRYD.” The company caters to B2B, B2C, and D2C segments, offering products like whole and blended spices, plain and flavored dry fruits, ghee, seasonings, and various grocery essentials. With a state-of-the-art manufacturing/processing unit in Thane, Maharashtra, the company ensures high-quality production using scientific methods to retain the natural properties of food. Leo Dryfruits leverages its strategic location near the APMC market to source raw materials efficiently, minimizing transportation costs. The company also acts as an anchor distributor for products like Campa Cola and has established a robust presence across e-commerce platforms and its website to cater directly to consumers.

Key Points:

• Product Portfolio:
  • Spices: Whole and blended spices in various packaging sizes.
  • Dry Fruits: Plain, roasted, and flavored dry fruits.
  • Grocery Products: Ghee, seasonings, chili flakes, garlic powder, pulses, sesame seeds, and more under the "VANDU" brand.
  • Frozen Products: Semi-fried items like chiz bites under the "FRYD" brand.
• Business Model:
  • Operates across trading and manufacturing/processing verticals.
  • Caters to B2B (bulk unbranded sales), B2C (retail through distributors, super stockists, and e-commerce), and D2C (direct sales via the company website).
• Manufacturing Facility:
  • Located in Thane, Maharashtra, near the APMC market for efficient raw material sourcing.
  • Equipped with modern machinery for cleaning, grading, blending, grinding, and packaging.
• Strategic Advantages:
  • Strong distribution network and presence on major e-commerce platforms like Amazon and Flipkart.
  • Quality-driven approach, leveraging natural and scientific methods to retain food properties.
• Growth Opportunities:
  • Continuous product portfolio expansion through third-party sourcing and in-house processing.
  • Emphasis on e-commerce and D2C strategies to enhance market reach.
  • Strong potential in frozen/semi-fried product categories.