Neopolitan Pizza and Foods Ltd signs agreements for Two New Company-Owned Outlets in Gujarat

Neopolitan Pizza and Foods Limited, a rapidly growing QSR (Quick Service Restaurant) brand and a listed entity on the Bombay Stock Exchange (BSE), proudly announces the signing of agreements for two new Company Owned (COCO) outlets - one near Morbi and another at Devbhumi Dwarka. This expansion marks a significant milestone in the company's growth strategy to strengthen its footprint across Gujarat and enhance its owned-operational network. The company has set a committed target to commence operations at both locations on or before 31st December 2025.

Strategic Importance of the New Locations

- Near Morbi - A major industrial and emerging urban hub with strong demand for organized food services.

- Devbhumi Dwarka - A major spiritual and tourism destination with year-round footfall potential. Both locations were strategically shortlisted based on market research, commercial viability, tourism potential, and brand visibility opportunities.

Company-Owned Model (COCO)

The upcoming outlets will operate under the Company Owned - Company Operated model, ensuring:

- Complete operational control by Neopolitan Pizza and Foods Limited
- Direct oversight of brand standards, customer experience, and quality assurance
- Job creation and local employment
- Standardized training modules and operational excellence
- Scope for future franchise expansion in surrounding regions

"We are delighted to announce our expansion with two new company-owned outlets near Morbi and at Devbhumi Dwarka. These locations hold strategic importance for our long-term growth plans and reflect our commitment to penetrate high-potential markets in Gujarat. We aim to bring world-class QSR standards, generate employment, and support local sourcing - while strengthening the brand's presence across the state.", Management, Neopolitan Pizza and Foods Limited.

Growth Vision & Roadmap

- Expansion across Tier 2 & Tier 3 Cities
- Strengthening COCO, FOCO & Franchise Models
- Training & employment of local youth
- Scalable operational infrastructure
- Focus on Gujarat - with a national & international roadmap ahead
- Integration of agri-food processing under the "Neopolitan Pizza & Foods" brand

Shares of Neopolitan Pizza And Foods Limited was last trading in BSE at Rs. 10.28 as compared to the previous close of Rs. 11.70. The total number of shares traded during the day was 90000 in over 15 trades.

The stock hit an intraday high of Rs. 11.16 and intraday low of 9.36. The net turnover during the day was Rs. 930480.00.

Source : Equity Bulls

Keywords

NeopolitanPizzaAndFoods INE471R01019 QSR COCOOutlets Morbi DevbhumiDwarka