Papadmalji Agro Foods Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | 86.85x | 32,000 | 2,779,200 | ₹0 Cr |
| NII (HNI) | 1.32x | 787,200 | 1,036,800 | ₹6 Cr |
| Retail | 1.59x | 1,840,000 | 2,928,000 | ₹13 Cr |
| Market Maker | — | 144,000 | — | ₹1 Cr |
| Σ Total | 2.54x | 2,659,200 | 6,744,000 | ₹19 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹115,200 |
| Retail (Max) | 13 | 20,800 | ₹1,497,600 |
| S-HNI (Min) | 14 | 22,400 | ₹1,612,800 |
| B-HNI (Min) | 67 | 107,200 | ₹7,718,400 |
Financial Statements Amount in ₹ Crore
| Metric | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 8 | 32 | 26 |
| Profit After Tax | 2 | 5 | 2 |
| Net Worth | 13 | 11 | 6 |
| Total Assets | 14 | 20 | 25 |
| Reserves & Surplus | 12 | 10 | 5 |
| Total Borrowing | 9 | 9 | 10 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
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 – 7.82
- Installation of 125 kW Rooftop Solar Power System at existing Garsisar Unit, Bikaner – 0.31
- Funding incremental working capital requirements of the Company – 2.81
- Repayment or prepayment, in full or in part, of borrowings availed by the Company from banks – 8.60
- General Corporate Purposes –
Company Overview
Incorporated in 2017, 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:
- They are amongst the few organized players exclusively in the papad segment leveraging strategically located manufacturing facilities.
- Extensive and well-established sale and distribution network
- Multi Channel Presence
- Wide Range of Products with diverse variants
- Purity, Health & Wellness Focus