PAPADMALJI AGRO FOODS LTD IPO
PAPADMALJI AGRO FOODS LTD is a SME IPO with a current status of LISTED. The price band is 69 - 72. The issue opens on 29 SEP and closes on 01 OCT. The listing date is 07 OCT.
Price Band
69 - 72
Unofficial GMP
₹0
Lot Size
1,600 shares
Minimum Investment
₹2,20,800
PAPADMALJI AGRO FOODS LTD IPO GMP
The latest available GMP is ₹0. Grey Market Premium is unofficial, may change frequently and does not guarantee the listing price, listing gains or investment returns.
Estimated Listing Price
₹72.00
Estimated Gain
0.0%
PAPADMALJI AGRO FOODS LTD IPO GMP History
0
27 SEP
0
28 SEP
0
29 SEP
0
01 OCT
O
02 OCT
0
05 OCT
0
06 OCT
PAPADMALJI AGRO FOODS LTD IPO Details
- IPO Type
- SME
- Status
- LISTED
- Price Band
- 69 - 72
- Issue Size
- 20.18 CR
- Issue Type
- Book Build Issue
- Fresh Issue
- 17.49 CR
- Offer for Sale
- 1.66 CR
- Face Value
- 10
- Lot Size
- 1,600
- Minimum Investment
- 2,20,800
- Exchange
- NSE SME
- Registrar
- MAS Services Ltd.
- Lead Managers
- Kreo Capital Pvt.Ltd.
- Market Maker
- 1.04 CR
PAPADMALJI AGRO FOODS LTD IPO Dates
- Open Date
- 29 SEP
- Close Date
- 01 OCT
- Allotment Date
- 05 OCT
- Refund Date
- 06 OCT
- Demat Credit Date
- 06 OCT
- Listing Date
- 07 OCT
PAPADMALJI AGRO FOODS LTD IPO Subscription
- QIB
- 86.85x
- NII / HNI
- 1.32x
- Retail
- 1.59x
- Employee
- --
- Total Subscription
- 2.54x
PAPADMALJI AGRO FOODS LTD IPO Financials
Revenue
FY2026
₹33.53 Cr
+5.61% vs FY2025
PAT
FY2026
₹5.21 Cr
+10.38% vs FY2025
Total Assets
FY2026
₹33.50 Cr
+33.73% vs FY2025
| Particulars | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Revenue | 26.27 | 31.75 | 33.53 |
| Net Profit | 2.11 | 4.72 | 5.21 |
| Total Assets | 20.06 | 25.05 | 33.50 |
PAPADMALJI AGRO FOODS LTD IPO Valuation
- Market Cap (Post IPO)
- ₹67.63 Cr.
- Price to Book Value
- 3.04
- ROE
- 38.51%
- ROCE
- 46.47%
- RONW
- 32.29%
- Debt / Equity
- 0.62%
- PAT Margin
- 15.54%
- EBITDA Margin
- 25.16%
- Valuation
- ATTRACTIVE
PAPADMALJI AGRO FOODS LTD IPO Market Lot
| Category | Lots | Shares | Investment |
|---|---|---|---|
| Retail Minimum | 2 | 3,200 | 2,30,400 |
| Retail Maximum | 2 | 3,200 | 2,30,400 |
| Small HNI | 3 | 4,800 | 3,45,600 |
| Big HNI | 9 | 14,400 | 10,36,800 |
PAPADMALJI AGRO FOODS LTD IPO Reservation
- QIB
- 1.20%
- NII / HNI
- 29.60%
- Retail
- 69.19%
PAPADMALJI AGRO FOODS LTD Promoter Holding and Anchor Allocation
- Pre-IPO Promoter Holding
- 60.98%
- Post-IPO Promoter Holding
- 44.28%
- Anchor Allocation
- 21.79 lakh
- Anchor Details
- 1. Anchor Allocation: ₹15.69 Crore 2. Anchor Allotment Date: 28 September 2026 3. Anchor Issue Price: ₹72 per share 4. Anchor Investors: Institutional investors were allotted shares under the anchor portion. 5. Anchor Allocation was made before the public issue opened on 29 September 2026. 6. The anchor portion formed part of the QIB allocation. 7. Anchor shares are subject to SEBI-prescribed lock-in requirements. 8. 50% of the anchor shares are subject to the 30-day lock-in period. 9. The remaining 50% are subject to the 90-day lock-in period. 10. The reported anchor lock-in dates are 4 November 2026 and 3 January 2027, respectively.
PAPADMALJI AGRO FOODS LTD Company Overview
1. Papadmalji Agro Foods Limited is a Bikaner-based food-products company engaged primarily in the manufacturing and marketing of papads and related traditional food products. 2. The company manufactures handmade papads, machine-made papads, ready-to-fry papads, rice papads, vrat-special papads and moongodi. 3. It also undertakes white-label manufacturing of handmade papads for customers. 4. The company additionally trades in cereal pellets under its own brand. 5. Its products are marketed under brands including Zhakaas, Vishal, Rozana, Diamond and Papadmalji. 6. The company sells through general trade, modern trade, quick-commerce platforms and its direct-to-consumer website. 7. It operates two manufacturing facilities in Bikaner with FSSAI-licensed operations.
PAPADMALJI AGRO FOODS LTD Business Model
1. The company's core business is manufacturing and selling papads and other traditional Indian food products. 2. Its product range includes handmade and machine-made papads, rice papads, vrat-special papads, ready-to-fry papads and moongodi. 3. The company follows both branded and white-label manufacturing models. 4. It distributes products through general trade and modern trade channels. 5. Its products are also available through quick-commerce platforms and direct-to-consumer channels. 6. As of March 2026, the company had 76 distributors and 30 wholesalers serving thousands of retail outlets. 7. The company also has an export presence through merchant exporters serving selected international markets.
PAPADMALJI AGRO FOODS LTD Objects of the Issue
1. ₹7.90 crore is proposed to be used for setting up a new manufacturing facility at Bachhasar, Bikaner. 2. The proposed facility includes construction of buildings and mechanical and electrical works. 3. Funds will also be used for procurement and installation of plant and machinery. 4. The company proposes to install a 250 kW rooftop solar power system at the new facility. 5. ₹5.80 crore is proposed to be used for repayment or prepayment of borrowings. 6. The remaining issue proceeds are proposed to be used for general corporate purposes. 7. The issue therefore focuses mainly on capacity expansion and reduction of borrowings.
PAPADMALJI AGRO FOODS LTD Strengths
1. ₹7.90 crore is proposed to be used for setting up a new manufacturing facility at Bachhasar, Bikaner. 2. The proposed facility includes construction of buildings and mechanical and electrical works. 3. Funds will also be used for procurement and installation of plant and machinery. 4. The company proposes to install a 250 kW rooftop solar power system at the new facility. 5. ₹5.80 crore is proposed to be used for repayment or prepayment of borrowings. 6. The remaining issue proceeds are proposed to be used for general corporate purposes. 7. The issue therefore focuses mainly on capacity expansion and reduction of borrowings.
PAPADMALJI AGRO FOODS LTD Risks
1. A significant portion of the company's revenue is concentrated in the papad product segment. 2. The company depends on a limited number of major customers for a substantial portion of its revenue. 3. The company depends on third-party suppliers for important raw materials. 4. It does not have long-term supply agreements with many raw-material suppliers. 5. Increases in prices of pulses, flour, edible oil, spices and other raw materials could affect margins. 6. The company's business and revenue have significant geographical concentration. 7. Certain trademark applications relating to its brands face opposition or remain pending. 8. Increasing competition in the packaged-food and traditional-food products market could affect pricing and market share. 9. Working-capital requirements may increase as the company expands its operations. 10. Delays or problems in establishing the proposed new manufacturing facility could affect planned capacity expansion.
PAPADMALJI AGRO FOODS LTD Frequently Asked Questions
What is the PAPADMALJI AGRO FOODS LTD IPO price band?
The PAPADMALJI AGRO FOODS LTD IPO price band is 69 - 72.
What is the latest PAPADMALJI AGRO FOODS LTD IPO GMP?
The latest available PAPADMALJI AGRO FOODS LTD IPO GMP in the IPOWEB database is ₹0. GMP is unofficial and does not guarantee a listing gain.
When does the PAPADMALJI AGRO FOODS LTD IPO open and close?
The PAPADMALJI AGRO FOODS LTD IPO opens on 29 SEP and closes on 01 OCT.
When is the PAPADMALJI AGRO FOODS LTD IPO allotment date?
The PAPADMALJI AGRO FOODS LTD IPO allotment date is 05 OCT.
When is the PAPADMALJI AGRO FOODS LTD IPO listing date?
The PAPADMALJI AGRO FOODS LTD IPO listing date is 07 OCT.
What is the PAPADMALJI AGRO FOODS LTD IPO subscription?
The latest total subscription available for the PAPADMALJI AGRO FOODS LTD IPO is 2.54x.