Papadmalji Agro Foods IPO
GMP, Subscription, Price, Dates & Financial Details
Business Support
Incorporated in 2017, Papadmalji Agro Foods Ltd. is engaged in the processing and manufacturing of agro-based food products, with a focus on quality-driven production, efficient sourcing of agricultural raw materials, and the supply of packaged food products to consumers. The Company’s operations…
Open Date
Tue, 29 Sep 2026
Close Date
Thu, 01 Oct 2026
Price Band
₹ 69 – 72
Lot Size
1600
Issue Size
₹ 20.18 Cr
Minimum Investment
₹ 230,400 (3200 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Papadmalji Agro Foods IPO is set to open its Initial Public Offering (IPO) for subscription on September 29, 2026. According to the Red Herring Prospectus (RHP), the IPO is a book-built issue with a total issue size of ₹20.18 Crore, comprising a fresh issue of 24.29 Lakh equity shares aggregating to ₹18.52 Crore and an offer for sale (OFS) of 2.30 Lakh equity shares aggregating to ₹1.66 Crore by the existing shareholders.
The Papadmalji Agro Foods IPO will open for subscription on September 29, 2026, and close on October 01, 2026. The basis of allotment is expected to be finalized on October 05, 2026, while the shares are tentatively scheduled to be listed on NSE SME Platform on October 07, 2026.
The company has fixed the price band at ₹69 to ₹72 per share, with a lot size of 1600 shares. Retail investors will require a minimum investment of ₹230,400 (based on the upper price band) to apply for one lot.
Mas Services Limited is the registrar to the issue. Kreo Capital Private Limited are the Book Running Lead Managers (BRLMs) to the issue.
Before investing in the Papadmalji Agro Foods IPO, investors should carefully review the company's financial performance, business model, IPO objectives, and risk factors disclosed in the offer documents. Investors should also ensure that they submit their applications before the subscription window closes on October 01, 2026.
Papadmalji Agro Foods IPO Timeline (Tentative)
- IPO Open Date
- Tue, 29 Sep 26
- IPO Close Date
- Thu, 01 Oct 26
- Basis of Allotment
- Mon, 05 Oct 26
- Initiation of Refunds
- Tue, 06 Oct 26
- Credit of Shares to Demat
- Tue, 06 Oct 26
- Listing Date
- Wed, 07 Oct 26 — NSE
Open Date
29 September 2026
Close Date
01 October 2026
Basis Of Allotment
05 October 2026
Listing Date
07 October 2026
IPO Subscription
Check Live Subscription →The Papadmalji Agro Foods IPO subscription Data Unavailable. Subscription data will be available once biddings start. Bidding is open from 10:00 AM to 5:00 PM on 29 September 2026
IPO Reservations
Reservation Details Are not Available until IPO Opens.
Reservation figures are shown once IPO opens.
Financials Details(₹ in Crores)
| Particular | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 | |
|---|---|---|---|---|---|
| Assets | 0 | 14.1 | 20.07 | 25.05 | 26.86 |
| Revenue | 0 | 8.1 | 31.76 | 26.29 | 25 |
| Profit After Tax | 0 | 1.81 | 4.72 | 2.11 | 0.25 |
| Net Worth | 0 | 12.74 | 10.93 | 6.2 | 4.1 |
| Reserve & Surplus | 0 | 11.98 | 10.17 | 5.45 | 3.34 |
| Total Borrowings | 0 | 8.93 | 8.97 | 10.28 | 6.51 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Papadmalji Agro Foods Limited KPI Information
| Particular | Mar 2025 | Mar 2024 | Mar 2023 | |
|---|---|---|---|---|
| ROE % | 0 | 55.15 | 40.92 | 6.36 |
| ROCE % | 0 | 44.51 | 32.26 | 20.3 |
| Debt / Equity | 0 | 0.82 | 1.66 | 1.59 |
| RoNW % | 0 | 43.23 | 33.97 | 6.2 |
| Pat Margin % | 0 | 14.88 | 8.02 | 1.02 |
Peers Comparison
No Peer Comparision Available
About Papadmalji Agro Foods Limited
Incorporated in 2017, Papadmalji Agro Foods Ltd. is engaged in the processing and manufacturing of agro-based food products, with a focus on quality-driven production, efficient sourcing of agricultural raw materials, and the supply of packaged food products to consumers. The Company’s operations encompass food processing, grading, packaging, storage, and distribution of agricultural and processed food products, catering to wholesalers, retailers, and institutional buyers across regional markets.
Papadmalji Agro Foods Ltd. places emphasis on hygiene, consistent product quality, and efficient distribution, thereby supporting farmers and strengthening food supply chains while adhering to applicable regulatory standards. The Company is positioned to address the growing demand for processed and value-added agro-food products.
In addition to its in-house manufacturing activities, the Company also undertakes white-label manufacturing of handmade papads for third-party clients. Under this arrangement, products are manufactured by the Company and marketed by clients under their respective brand names and packaging, enabling products to be customized in line with the clients’ target markets and requirements.
As of June 30, 2025, the Company’s distribution network comprised 68 distributors and 25 wholesalers, collectively servicing 5,965 retail outlets through the general trade channel. This network enables the Company to expand its market reach and facilitate the distribution of its products across regional markets.
Papadmalji Agro Foods IPO Promoters
- Mr. Jai Agarwal
- Mrs. Premlata Agarwal
Promoters Holding
Holding Pre Issue
60.98%
Holding Post Issue
0.00%
Papadmalji Agro Foods IPO Objective
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding the capital expenditure towards construction of building, mechanical and electrical works and procurement of plant and machinery and installation of Rooftop Solar for setting up a new manufacturing facility at Bachhasar, Bikaner
- Installation of Rooftop Solar at existing Garsisar Unit, Bikaner
- Funding incremental working capital requirements of our Company
- Repayment or prepayment, in full or in part, of borrowings availed by our Company from banks
- General Corporate Purposes
Papadmalji Agro Foods Limited Address / Contact Details
Papadmalji Agro Foods Ltd
Opp. Manav Bharti School,
Garsisar,
Bikaner, Rajasthan, 334001
Phone: +91 7300071153
Email: cs@papadmalji.com
Website: http://www.papadmalji.com/
IPO Snapshot
Papadmalji Agro Foods IPO Lot Size
The Papadmalji Agro Foods IPO has a lot size of 1,600 shares. Retail investors require a minimum investment of ₹2,30,400 by applying for 2 lot (3,200 shares). The maximum application allowed for the retail category is 2 lots (3,200 shares), requiring an investment of ₹2,30,400.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | 230,400.00 |
| Retail (Max) | 2 | 3,200 | 230,400.00 |
| S-HNI (Min) | 3 | 4,800 | 345,600.00 |
| S-HNI (Max) | 8 | 12,800 | 921,600.00 |
| B-HNI (Min) | 9 | 14,400 | 1,036,800.00 |
Issue Reservation
Book Running Lead Managers
- Kreo Capital Private Limited
IPO Documents & Links
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Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Papadmalji Agro Foods IPO?
Papadmalji Agro Foods IPO is a Book-building IPO with a total issue size of ₹20.18 crore. The Papadmalji Agro Foods IPO price band is ₹69 to 72 per share. The Papadmalji Agro Foods IPO subscription opens on Tue, Sep 29, 2026, and closes on Thu, Oct 1, 2026. The Papadmalji Agro Foods IPO will be listed on the NSE. Mas Services Limited is the registrar for the Papadmalji Agro Foods IPO.
When will the Papadmalji Agro Foods IPO open for subscription?
The Papadmalji Agro Foods IPO opens on Tue, Sep 29, 2026 and closes on Thu, Oct 1, 2026
What is Papadmalji Agro Foods IPO Price Band?
Papadmalji Agro Foods IPO Price Band is ₹69 to 72 per share.
What is Papadmalji Agro Foods IPO Lot Size?
Papadmalji Agro Foods IPO lot size is 1600 shares, Retail investors need a minimum investment of ₹230400 based on the upper price band
What is the minimum investment for Papadmalji Agro Foods IPO?
The minimum investment for Papadmalji Agro Foods IPO is ₹230400, based on one lot of 1600 shares at the upper price band of ₹72 per share.
How to apply for Papadmalji Agro Foods IPO?
Investors can apply for the Papadmalji Agro Foods IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Oct 1, 2026. The application amount remains blocked until the Papadmalji Agro Foods IPO allotment is finalized.
What is Papadmalji Agro Foods IPO Issue Size?
Papadmalji Agro Foods IPO issue size is ₹20.18 crores.
What is the Papadmalji Agro Foods IPO Allotment Date?
Papadmalji Agro Foods IPO allotment date is Mon, Oct 5, 2026.
Who is the Papadmalji Agro Foods IPO Registrar?
The registrar for Papadmalji Agro Foods IPO is Mas Services Limited. Investors can go to Mas Services Limited website to check Papadmalji Agro Foods IPO allotment status, refund processing, and other IPO-related information.
Who is the Papadmalji Agro Foods IPO Lead Manager?
The book-running lead managers (BRLMs) for the Papadmalji Agro Foods IPO are Kreo Capital Private Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Papadmalji Agro Foods IPO Red Herring Prospectus (RHP).