Papadmalji Agro Foods IPO
PAPADMALJI
Open Date
29 Sep '26
Close Date
01 Oct '26
Price Range
₹69 - ₹72
Min Investment
₹2,30,400
Lot Size
1,600
Listing at
NSE
Issue Size
28,03,200
IPO Document
Free Demat with Zero AMC*
About Papadmalji Agro Foods Ltd IPO
Papadmalji Agro Foods IPO is an NSE SME public issue of up to 28.49 lakh equity shares. The IPO will open on September 29 and close on October 1, 2026, with a price band of Rs.69–Rs.72 per share and an issue size of around Rs.20.18 crore.
Kreo Capital Private Limited is the lead manager, while MAS Services Limited is the registrar to the issue. The company is promoted by Jai Agarwal and Premlata Agarwal. The fresh issue proceeds are proposed to be used for capital expenditure, incremental working capital, repayment or prepayment of borrowings and general corporate purposes.
About Papadmalji Agro Foods Ltd.
Incorporated in 2017, Papadmalji Agro Foods Ltd. is engaged in processing and manufacturing agro-based food products, with a focus on papads and other packaged food products. Its operations cover sourcing agricultural inputs, processing, grading, packaging, storage and distribution for wholesalers, retailers and institutional buyers.
The company focuses on maintaining hygiene and consistent product quality while supporting efficient distribution across regional markets. It also undertakes white-label manufacturing of handmade papads, where products are manufactured by the company and sold by clients under their own brand names and packaging.
As of June 30, 2025, Papadmalji Agro Foods had a distribution network of 68 distributors and 25 wholesalers, together reaching 5,965 retail outlets through the general trade channel.
Papadmalji Agro Foods IPO is an NSE SME public issue of up to 28.49 lakh equity shares. The IPO will open on September 29 and close on October 1, 2026, with a price band of Rs.69–Rs.72 per share and an issue size of around Rs.20.18 crore. Kreo Capital Private Limited is the lead manager, while MAS Services Limited is the registrar to the issue. The company is promoted by Jai Ag
Papadmalji Agro Foods IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | 14,01,600 crores |
| Non-Institutional Investors (NIIs) | 15% | 4,20,480 crores |
| Retail Individual Investors (RIIs) | 35% | 9,81,120 crores |
Papadmalji Agro Foods IPO Strengths & Weaknesses
Focused presence in the organised papad segment with strategically located manufacturing facilities.
Established distribution network covering distributors, wholesalers and retail outlets.
Multi-channel presence across different sales channels.
Wide range of products with multiple variants.
Focus on purity, hygiene, health and wellness.
Papadmalji Agro Foods IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 05 Oct '26 | 07 Oct '26 | 06 Oct '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 28,03,200 shares (aggregating up to ₹2,30,400 crores) |
| Fresh Issue | 2,42,880 shares (aggregating up to ₹24,28,800 crores) |
| Offer for Sale | 23,040 shares of ₹10 (aggregating up to ₹2,30,400 crores) |
| Issue Type | Book building |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 60.98 shares |
| Post-Issue Shareholding | 44.28 shares |
Papadmalji Agro Foods IPO Lot Size and Investment Details
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of Papadmalji Agro Foods ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Papadmalji Agro Foods IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Papadmalji Agro Foods IPO Contact & Registrar Details
Contact Details
Address
Opp. Manav Bharti School, Garsisar, Bikaner
Phone Number
Website
Registrar Details
Registrar Name
MAS Services Ltd.
Phone Number
Papadmalji Agro Foods Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| KREO Capital Pvt Ltd |
