Bookbuilding IPO | ₹[.] Cr | Listing at NSE SME |
Papadmalji Agro Foods Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on to raise funds through Initial Public Offer (IPO).
Papadmalji Agro Foods Ltd. IPO is a Book Build Issue of 0.28 crore equity shares consisting of a fresh issue of upto 0.26 crore equity shares and an offer for sale (OFS) of upto 0.03 crore equity shares.
The equity shares are proposed to be listed on the NSE SME. Kreo Capital Pvt.Ltd. is the book running lead manager and MAS Services Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Papadmalji Agro Foods IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 28,48,800 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 25,74,000 shares (agg. up to ₹[.] Cr) |
| Offer for Sale | 2,74,800 shares of ₹10 (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 68,19,588 shares |
| Share Holding Post Issue | 93,93,588 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Sat, Dec 27, 2025 |
| SEBI/Exchange approval received |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Offer |
Papadmalji Agro Foods Ltd is engaged in the processing and manufacturing of agro-based food products, focusing on quality-driven production, sourcing raw agricultural inputs, and delivering packaged food items to consumers.
The company offers services including food processing, grading, packaging, storage, and supply of agricultural and processed food products, catering to wholesalers, retailers, and institutional buyers across regional markets.
Papadmalji Agro Foods Ltd emphasizes hygiene, consistent quality, and efficient distribution, supporting farmers and food supply chains while meeting regulatory standards and growing demand for processed and value-added agro food products.
In addition to in-house manufacturing, they also undertake white label manufacturing of Handmade Papads for clients, wherein products are produced by the Company and marketed by clients under their respective brand names and packaging, tailored to their target market.
As of June 30, 2025, the distribution network comprises 68 distributors and 25 wholesalers, collectively servicing 5,965 retail outlets in the general trade channel through distributors and wholesalers.
Competitive Strengths:
Papadmalji Agro Foods Ltd's revenue increased by 21% and profit after tax (PAT) rose by 124% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 14.10 | 20.07 | 25.05 | 26.86 |
| Total Income | 8.10 | 31.76 | 26.29 | 25.00 |
| Profit After Tax | 1.81 | 4.72 | 2.11 | 0.25 |
| NET Worth | 12.74 | 10.93 | 6.20 | 4.10 |
| Reserves and Surplus | 11.98 | 10.17 | 5.45 | 3.34 |
| Total Borrowing | 8.93 | 8.97 | 10.28 | 6.51 |
| Amount in ₹ Crore | ||||
The 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 | 7.82 |
| 2 | Installation of 125 kW Rooftop Solar Power System at existing Garsisar Unit, Bikaner | 0.31 |
| 3 | Funding incremental working capital requirements of the Company | 2.81 |
| 4 | Repayment or prepayment, in full or in part, of borrowings availed by the Company from banks | 8.60 |
| 5 | General Corporate Purposes |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 55.15% |
| ROCE | 44.51% |
| Debt/Equity | 0.82 |
| RoNW | 43.23% |
| PAT Margin | 14.88% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 60.98% |
Lead Manager Reports
Papadmalji Agro Foods IPO is a SME IPO of 28,48,800 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Papadmalji Agro Foods IPO open and close dates are not available as of now.
MAS Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
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 Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Papadmalji Agro Foods IPO dates are not announced. Please check back again after some time.
Papadmalji Agro Foods IPO lot size and the minimum order quantity is not available at this time. Please check again later.
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.
The finalization of Basis of Allotment for Papadmalji Agro Foods IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Papadmalji Agro Foods IPO allotment status.
The Papadmalji Agro Foods IPO listing date is not yet announced. The tentative date of listing is .
