Fixed Price IPO | ₹14 Cr | Listed at BSE SME | Tue, Jun 24, 2025 - Thu, Jun 26, 2025
Abram Food IPO is a fixed price issue of ₹13.99 crores. The issue is entirely a fresh issue of 0.14 crore shares of ₹13.99 crore.
Abram Food IPO bidding started from Jun 24, 2025 and ended on Jun 26, 2025. The allotment for Abram Food IPO was finalized on Jun 27, 2025. The shares got listed on BSE SME on Jul 1, 2025.
Abram Food IPO price is ₹98 per share. The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹1,17,600 (1200 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (2,400 shares), amounting to ₹2,35,200.
Corporate Makers Capital Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The Market Maker of the company is Giriraj Stock Broking Pvt.Ltd..
Refer to Abram Food IPO RHP for detailed Information.
IPO Open
Tue, Jun 24, 2025
IPO Close
Thu, Jun 26, 2025
Issue Price
₹98 per share
Market Cap (Pre-IPO)
₹50.51 Cr
| IPO Date | 24 to 26 Jun, 2025 |
| Listed on | Tue, Jul 1, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹98 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 14,28,000 shares (agg. up to ₹14 Cr) |
| Reserved for Market Maker | 72,000 shares Giriraj Stock Broking Pvt.Ltd. (agg. up to ₹0.7056 Cr) |
| Fresh Issue (Ex Market Maker) | 13,56,000 shares (agg. up to ₹13 Cr) |
| Net Offered to Public | 13,56,000 shares (agg. up to ₹13 Cr) |
| Share Holding Pre Issue | 37,26,000 shares |
| Share Holding Post Issue | 51,54,000 shares |
| BSE Script Code | 544422 |
| ISIN | INE0ZDY01011 |
Abram Food IPO comprises a total issue size of 14,28,000 shares. The net offer to the public is 13,56,000 shares, after excluding 72,000 shares allotted on a firm basis. Of the Net offer 6,78,000 (50.00%) allocated to NII 6,78,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 6,78,000 | 50.00% | 47.48% |
| Retail Shares Offered | 6,78,000 | 50.00% | 47.48% |
| Firm Reservations | |||
| Market Maker Shares Offered | 72,000 | 5.04% | |
| Total Shares Offered | 14,28,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,200 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹1,17,600 |
| Retail (Max) | 1 | 1,200 | ₹1,17,600 |
| HNI (Min) | 2 | 2,400 | ₹2,35,200 |
Incorporated in 2009, Abram Food Limited is engaged in the manufacturing and trading of Chana Dal, Flour (Chakki Atta), Besan, Multi multi-grain atta, Maida, Sooji, Spices, Cattle Feed (khali), and edible oils.
The Company markets and sells its product range in Rajasthan, Delhi/NCR, and Uttar Pradesh under the brand name "Kherliwala" through a network of distributors.
The company provides Chana Dal, Atta, Besan, Chana Churi, and Cattle Feed (Khal) in bulk (30-50 kg packaging) to distributors, who sell them in loose quantities at retail outlets.
The company processes products like chana dal, flour, spices, besan, and cattle feed without artificial preservatives or chemicals, ensuring quality and freshness at every step, from procurement to packaging.
The company offers a range of flours, including Rajasthan Royal Besan, Maida, Suji, Chakki Fresh Atta, and Multi Grain Atta, along with various oils and spices.
The company operates a manufacturing facility at B-34, Matsya Industrial Area, Alwar, Rajasthan, covering 3000 sq. meters, equipped for efficient cleaning, drying, grinding, and packaging to serve Rajasthan and Delhi/NCR.
Product Portfolio: Rajasthan Royal Besan, Rajasthan Royal Chakki Fresh Aata, Rajasthan Royal Maida, Rajasthan Royal chilli Powder, etc.
As of November 30, 2024, the company has 15 employees.
Competitive Strengths:
Abram Food Ltd.'s revenue increased by 77% and profit after tax (PAT) rose by 220% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 17.09 | 10.62 | 7.73 |
| Total Income | 64.09 | 36.14 | 33.16 |
| Profit After Tax | 3.26 | 1.02 | 0.48 |
| EBITDA | 5.07 | 1.96 | 1.03 |
| NET Worth | 8.43 | 4.15 | 3.13 |
| Reserves and Surplus | 4.70 | 1.26 | 2.89 |
| Total Borrowing | 7.13 | 6.01 | 4.39 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital Expenditure for purchase of machineries | 3.85 |
| 2 | Funding of Working Capital Requirement of the company | 6.70 |
| 3 | General corporate purposes | 2.05 |
| 4 | Issue related expenses in relation to Issue | 1.40 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 38.62% |
| ROCE | 56.02% |
| Debt/Equity | 0.85 |
| RoNW | 38.62% |
| PAT Margin | 5.08% |
| EBITDA Margin | 7.92% |
| Price to Book Value | 4.33 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 8.74 | 6.32 |
| P/E (x) | 11.22 | 15.52 |
| Promoter Holding | 93.14% | 67.33% |
| Market Cap | ₹50.51 Cr. |
The Abram Food IPO is subscribed 28.49 times on June 26, 2025 5:04:50 PM (Day 3). The public issue subscribed 16.05 times in the retail category, [.] times in the QIB category, and 40.92 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| NII* | 40.92 | 6,78,000 | 2,77,46,400 | 0 |
| Retail | 16.05 | 6,78,000 | 1,08,84,000 | 0 |
| Total | 28.49 | 13,56,001 | 3,86,30,400 | 13,030 |
Total Application : 13,030
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue management fees including fees and reimbursement of underwriting fees, Lead Manager Fees, brokerages, payment to other intermediaries such as legal advisor, peer review Auditor and Registrar etc. | 1.07 |
| 2 | Advertising and marketing | 0.20 |
| 3 | Regulatory and Other Fees | 0.04 |
| 4 | Other Expenses (Printing, Stationary, Postage etc.) | 0.08 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹98.00 |
| Open | ₹90.40 |
| Low | ₹86.01 |
| High | ₹94.92 |
| Last Trade | ₹94.92 |
Lead Manager Reports
Abram Food IPO is a SME IPO of 14,28,000 equity shares of the face value of ₹10 aggregating up to ₹14 Crores. The issue is priced at ₹98 per share. The minimum order quantity is 1200.
The IPO opens on Tue, Jun 24, 2025, and closes on Thu, Jun 26, 2025.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Abram Food IPO using UPI as a payment gateway. Zerodha customers can apply in Abram Food IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Abram Food IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Abram Food IPO opens on Tue, Jun 24, 2025 and closes on Thu, Jun 26, 2025.
Abram Food IPO lot size is 1200, and the minimum amount required for application is ₹1,17,600.
You can apply in Abram Food 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.
The finalization of Basis of Allotment for Abram Food IPO will be done on Friday, June 27, 2025, and the allotted shares will be credited to your demat account by Mon, Jun 30, 2025. Check the Abram Food IPO allotment status.
The Abram Food IPO listing date is on Tue, Jul 1, 2025.
