Papadmalji Agro Foods

The Papadmalji Agro Foods IPO is scheduled to open for subscription on 29 Sept 2026 and will close on 01 Oct 2026.

The basis of allotment for the Papadmalji Agro Foods IPO is expected to be finalized on 05 Oct 2026. Investors can check their allotment status online through the registrar, DashboardSME IPO List  IPO ListPapadmalji Agro Foods IPO DetailsBookbuilding IPO | ₹20 Cr | Listing at NSE SME | Tue, Sep 29, 2026 - Thu, Oct 1, 2026 IPO DetailsMessagesGMPDocs SubscriptionReviewsAllotmentBoANewsCalc  IPO ListPapadmalji Agro Foods IPO is a book build issue of ₹20.18 crores. The issue is a combination of fresh issue of 25.73 lakh shares aggregating to ₹18.52 crores and offer for sale of 2.30 lakh shares aggregating to ₹1.66 crores.Papadmalji Agro Foods IPO opens for subscription on Sep 29, 2026 and closes on Oct 1, 2026. The allotment for the Papadmalji Agro Foods IPO is expected to be finalized on Oct 5, 2026. Papadmalji Agro Foods IPO will list on the NSE SME with a tentative listing date fixed as Oct 7, 2026.Papadmalji Agro Foods IPO is set issue price band at ₹69 to ₹72 per share. The lot size for an application is 1,600 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,30,400 (3,200 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (4,800 shares), amounting to ₹3,45,600.Kreo Capital Pvt.Ltd. is the book running lead manager and MAS Services Ltd. is the registrar of the issue. The Market Maker of the company is Giriraj Stock Broking Pvt.Ltd.Refer to Papadmalji Agro Foods IPO RHP for detailed Information.IPO OpenTue, Sep 29, 2026IPO CloseThu, Oct 1, 2026Price Band₹69 to ₹72Market Cap*₹67.63 Cr* on Upper PriceIPO DetailsIPO Date29 Sep to 1 Oct, 2026Listing DateWed, Oct 7, 2026TFace Value₹10 per sharePrice Band₹69 to ₹72Lot Size1,600 SharesSale TypeFresh capital cum OFSIssue TypeBookbuilding IPOListing AtNSE SMETotal Issue Size28,03,200 shares (agg. up to ₹20 Cr)Reserved for Market Maker1,44,000 shares (agg. up to ₹1 Cr)Giriraj Stock Broking Pvt.Ltd. Fresh Issue (Ex Market Maker)24,28,800 shares (agg. up to ₹17 Cr)Offer for Sale2,30,400 shares of ₹10 (agg. up to ₹2 Cr)Net Offered to Public26,59,200 shares (agg. up to ₹19 Cr)Share Holding Pre Issue68,19,588 sharesShare Holding Post Issue93,92,388 sharesIPO Timetable (Tentative)IPO OpenTue, Sep 29, 2026IPO CloseThu, Oct 1, 2026AllotmentMon, Oct 5, 2026RefundTue, Oct 6, 2026Credit of SharesTue, Oct 6, 2026ListingWed, Oct 7, 2026IPOs Timetable Issue Reservation Papadmalji Agro Foods IPO comprises a total issue size of 28,03,200 shares. The net offer to the public is 26,59,200 shares, after excluding 1,44,000 shares allotted on a firm basis. Of the Net offer 32,000 (1.20%) are allocated to QIB, 7,87,200 (29.60%) allocated to NII 18,40,000 (69.19%) allocated to RII. Investor Category Shares % of Net Issue% of Total Issue QIB 32,0001.20%1.14% NII (HNI) 7,87,20029.60%28.08%   − bNII > ₹10L 5,23,20018.66%   − sNII < ₹10L 2,64,0009.42% Retail 18,40,00069.19%65.64% Firm Reservations Market Maker 1,44,0005.14% Total 28,03,200100.00%100.00% IPO Lot Size Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof.  Application Lots Shares Amount Individual investors (IND) (Min) 2 3200 ₹2,30,400 Individual investors (IND) (Max) 2 3200 ₹2,30,400 S-HNI (Min) 3 4800 ₹3,45,600 S-HNI (Max) 8 12800 ₹9,21,600 B-HNI (Min) 9 14400 ₹10,36,800 IPO Subscription DetailsAbout Papadmalji Agro Foods Ltd.Updated on Sep 25, 2026Incorporated in December 2017, Papadmalji Agro Foods Limited is engaged in the manufacturing and marketing of papads and related food products. The Company manufactures a range of products including hand-made papads, machine-made papads, machine-made ready-to-fry papads, rice papads (Khichiya), vrat-special papads and moongodi. It also undertakes white-label manufacturing of hand-made papads for clients and trades in cereal pellets under its own brand. The Company combines traditional hand-made production with semi-automated and automated machinery for dough preparation, sheeting, rolling, cutting, drying and packaging. Its products are marketed under the brands Zhakaas, Vishal, Rozana, Diamond and Papadmalji, catering to different product categories, consumer segments and distribution channels. The Company operates through two FSSAI-licensed manufacturing units in Bikaner, Rajasthan, with its Gharsisar unit also certified under ISO 22000:2018. Hand-made papads are produced through the Batara–Batari model, under which contractors supervise women workers engaged in home-based hand rolling. The Company sources key raw materials such as urad dal, moong dal, spices and edible oils primarily from domestic markets in Rajasthan. Its products are distributed through general trade, modern trade, quick-commerce platforms and its direct-to-consumer website. The Company has established a pan-India distribution network comprising distributors and wholesalers and had a presence across 21 states and 3 Union Territories as of March 31, 2026. It also supplies products to an independent merchant exporter, through whom its products reach selected Middle Eastern markets. Since 2018, the Company has also been supported by an equity investment from India Customer Insight Fund, a SEBI-registered Alternative Investment Fund. As of March 31, 2026, the Company had a total workforce of 118 employees across management, finance, production, quality control, sales and marketing, supply chain, maintenance and other functions. Competitive Strengths Focus on purity, health and wellness. Wide range of products with diverse variants. Experienced Promoters and professional management team. Extensive and well-established sales and distribution network. Women-led hand-made production model supporting traditional manufacturing. Multi-channel presence across general trade, modern trade, quick commerce and direct-to-consumer channels. + Read MoreCompany Financials (Restated)Papadmalji Agro Foods Ltd.'s revenue increased by 6% and profit after tax (PAT) rose by 10% between the financial year ending with March 31, 2026 and March 31, 2025.Period Ended31 Mar 202631 Mar 202531 Mar 2024Assets33.5025.0520.07Total Income33.5431.7626.29Profit After Tax5.214.722.11EBITDA8.445.983.31NET Worth16.1410.936.20Reserves and Surplus9.3210.175.45Total Borrowing9.998.9710.28Amount in ₹ CroreNote:- Operating EBITDA is provided in the financial statements. Recently Listed IPOs in Other Food Products Company Issue Type Issue Size Issue Price PE Ratio Listing Day Close Listing Gain/Loss % LTP Elfin Agro India Ltd. SME ₹25.03 Cr ₹47 13.05 ₹47.60 +1.28% ₹91.70 Shyam Dhani Industries Ltd. SME ₹38.49 Cr ₹70 13.19 ₹139.65 +99.50% ₹56.90 Pajson Agro India Ltd. SME ₹74.45 Cr ₹118 10.11 ₹130.20 +10.34% ₹219.00 Mother Nutri Foods Ltd. SME ₹39.59 Cr ₹117 17.78 ₹124.30 +6.24% ₹165.00 Orkla India Ltd. Mainboard ₹1,667.33 Cr ₹730 39.11 ₹713.65 -2.24% ₹555.95 View More » IPO Objects of the IssueThe Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding the capital expenditure towards construction of building, mechanical and electrical works and procurement of plant and machinery and installation of 250 kW Rooftop Solar Power System for setting up a new manufacturing facility at Bachhasar, Bikaner 7.90 2 Repayment or prepayment, in full or in part, of borrowings availed by the Company from banks 5.80 3 General Corporate Purposes Total 13.70 Key Performance Indicator (KPI)KPIMar 31, 2026ROE38.51%ROCE46.47%Debt/Equity0.62RoNW32.29%PAT Margin15.54%EBITDA Margin25.16%NAV23.67Price to Book Value3.04IPO ValuationValuation MetricPre IPOPost IPOEPS (₹)7.645.55P/E (x)9.4212.97Market Cap at Offer Price₹49.10 Cr.₹67.63 CrDisclaimerThe value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post IssueThe Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2026 available in RHP.The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2026 available in RHP.Shareholding Structure Category Pre IPO Post IPO Promoter and Promoter Group 60.98% 44.28% Public 39.02% 55.72% Total 100% 100% Company Promoters: Jai Agarwal, Premlata Agarwal and Aanya Agarwal.Offer For Sale - Selling Shareholder Name Category No. of Shares Offered Amount (₹ cr.) India Customer Insight Fund Corporate2,30,4001.66 Total 2,30,400 1.66 Papadmalji Agro Foods IPO RecommendationsReview BySubscribeMay ApplyNeutralAvoidBrokers0000Members0000IPO RegistrarMAS Services Ltd.011-2638728182ipo@masserv.comVisit WebsiteIPO Lead Manager(s)Kreo Capital Pvt.Ltd.Lead Manager ReportsLead Manager Performance SummaryLead Manager Performance TrackerContact DetailsPapadmalji Agro Foods Ltd. AddressOpp. Manav Bharti School,GarsisarBikaner, Rajasthan, 334001+91 7300071153cs@papadmalji.comVisit WebsiteIPO FAQsWhat is the Papadmalji Agro Foods IPO?Papadmalji Agro Foods IPO is a SME IPO of 28,03,200 equity shares of the face value of ₹10 aggregating up to ₹20 Crores. The issue is priced at ₹69 to ₹72. The minimum order quantity is 1600.The IPO opens on Tue, Sep 29, 2026, and closes on Thu, Oct 1, 2026.MAS Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.How to apply in Papadmalji Agro Foods IPO through Zerodha?Zerodha customers can apply online in Papadmalji Agro Foods IPO using UPI as a payment gateway. Zerodha customers can apply in Papadmalji Agro Foods IPO by login into Zerodha Console (back office) and submitting an IPO application form.Steps to apply in Papadmalji Agro Foods IPO through ZerodhaVisit the Zerodha website and login to Console.Go to Portfolio and click the IPOs link.Go to the 'Papadmalji Agro Foods IPO' row and click the 'Bid' button.Enter your UPI ID, Quantity, and Price.Submit IPO application form.Visit the UPI App (net banking or BHIM) to approve the mandate.Visit Zerodha IPO Application Process Review for more detail.When Papadmalji Agro Foods IPO will open?The Papadmalji Agro Foods IPO opens on Tue, Sep 29, 2026 and closes on Thu, Oct 1, 2026.What is the lot size of Papadmalji Agro Foods IPO?Papadmalji Agro Foods IPO lot size is 1600, and the minimum amount required for application is ₹2,30,400, with 2 lots being the minimum application size.How to apply for Papadmalji Agro Foods IPO?You can apply in Papadmalji Agro Foods IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.When is Papadmalji Agro Foods IPO allotment?The finalization of Basis of Allotment for Papadmalji Agro Foods IPO will be done on Monday, October 5, 2026, and the allotted shares will be credited to your demat account by Tue, Oct 6, 2026. Check the Papadmalji Agro Foods IPO allotment status.When is Papadmalji Agro Foods IPO listing date ?The Papadmalji Agro Foods IPO listing date is not yet announced. The tentative date of listing is Wed, Oct 7, 2026. Quick LinksIPO Book for InvestorsSME IPO Book for PromotersIPO ReportsIPO ArticlesIPO GlossaryIPO FAQsCompare: CompareIPO Message Board Msg Board| Off Topic Messages| Ranked Members| Most LikedDetailReviewSubGMPMessages.

As of today, the current Grey Market Premium (GMP) for Papadmalji Agro Foods is Closed. Please note that GMP is highly volatile and indicates unofficial market sentiment prior to listing.

The price band for the Papadmalji Agro Foods IPO is set at ₹69 to ₹72. Retail investors must apply for a minimum of 1 lot, which consists of 1600 shares, requiring a minimum investment amount of ₹2,30,400.

The expected listing date for the Papadmalji Agro Foods IPO is 07 Oct 2026. On this day, the shares will officially begin trading.