PAPADMALJI AGRO FOODS LIMITED
ListedFood Products · SME IPO · INE1V7901010
Price band
₹69 – ₹72
Lot size
1600 shares
Min. investment
₹2,30,400
Issue size
₹20 Cr
Face value
₹10
Registrar
MAS Services Ltd.
Issue timeline
Bidding opens
29 Sept 2026
Bidding closes
01 Oct 2026
Allotment
05 Oct 2026
Listing
07 Oct 2026
Final subscription
958
applications
₹50 Cr
bid value
| Category | Bid for | ₹ Cr* |
|---|---|---|
| Qualified Institutional (QIB) | 27,79,200 | 20 |
| Non-Institutional >₹10L (bNII) | 10,11,200 | 7 |
| Non-Institutional ₹2–10L (sNII) | 1,69,600 | 1 |
| Individual (SME) | 29,28,000 | 21 |
| Total | 68,88,000 | 50 |
Live category-wise demand from NSE only. Add each category's offered shares (from the RHP) in IPO Master to show the subscription (x) multiple.
About the company
Papadmalji Agro Foods Limited is engaged in the manufacturing and marketing of papads and related food products.
Issue details
Issue size
₹20 Cr
Fresh issue
₹18 Cr
Offer for sale
₹2 Cr
Industry
Food Products
Promoter holding (pre)
60.98%
Promoter holding (post)
44.28%
Financials (₹ Cr)
| Metric | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|
| Total income | 26.29 | 31.76 | 33.54 |
| EBITDA | 3.31 | 5.98 | 8.44 |
| Profit after tax | 2.11 | 4.72 | 5.21 |
| Net worth | 6.20 | 10.93 | 16.14 |
| Total assets | 20.07 | 25.05 | 33.50 |
| Total borrowing | 10.28 | 8.97 | 9.99 |
Objects of the issue
- 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
- Repayment or prepayment, in full or in part, of borrowings availed by the Company from banks
- General Corporate Purposes
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.
Risks
- Dependence on the availability of raw materials.
- Competition from established brands in the market.
- Economic downturn affecting consumer spending.
Documents
Calculate your bid
At cut-off price ₹72
Lots
2
- Shares
- 3,200
- Amount
- ₹2,30,400
Above ₹2,00,000 — this falls under the HNI / NII category, not Retail.
UPI mandate — funds are blocked, not debited.
- SEBI-registered broker — NSE member 90113
- Funds stay blocked in your own bank — debited only on allotment
- Apply for your whole family from one login