GMP IPO Watch
Papadmalji Agro Foods IPO
Papadmalji Agro Foods IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Papadmalji Agro Foods IPO Details
Key facts at a glance| IPO Open Date | 28 September 2026 | IPO Close Date | 30 September 2026 |
|---|---|---|---|
| Basis of Allotment | 4 October 2026 | Listing Date | 6 October 2026 |
| Price Band | ₹69 - ₹72 per share | Face Value | ₹10 per share |
| Market Lot Size | 1600 Shares | Min Investment (Retail) | ₹2,30,400 |
| Total Issue Size | ₹20.18 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | ₹18.52 Cr | Offer for Sale (OFS) | ₹1.66 Cr |
| Listing At | NSE SME | Issue Category | SME Issue |
| Registrar | MAS Services Ltd. | ||
Papadmalji Agro Foods IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 28 September 2026 | Confirmed |
| IPO Close Date | 30 September 2026 | Confirmed |
| Basis of Allotment | 4 October 2026 | Tentative |
| Initiation of Refunds | 6 October 2026 | Tentative |
| Credit of Shares to Demat | 6 October 2026 | Tentative |
| IPO Listing Date | 6 October 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 1 October 2026 (5:00 PM) | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Papadmalji Agro Foods IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 2 Lots | 3,200 Shares | ₹2,30,400 |
| Retail (Max) | 2 Lots | 3,200 Shares | ₹2,30,400 |
| S-HNI (Min) | 3 Lots | 4,800 Shares | ₹3,45,600 |
| S-HNI (Max) | 8 Lots | 12,800 Shares | ₹9,21,600 |
| B-HNI (Min) | 9 Lots | 14,400 Shares | ₹10,36,800 |
Papadmalji Agro Foods IPO Live GMP & Movement History
Daily unofficial grey market trends₹0.3 +0.4%
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 5 Oct 2026 | ₹0 | ₹72.00 | 0.00% |
| 1 Oct 2026 | ₹48 | ₹120.00 | +24.37% |
| 30 Sept 2026 | ₹38 | ₹110.00 | +19.29% |
Papadmalji Agro Foods IPO Subscription Status
Demand breakdown by investor categoryPapadmalji Agro Foods Company Financials
Restated figures (₹ in Crores)| Period | Total Assets | Total Revenue | Total Expenses | Profit After Tax (PAT) |
|---|---|---|---|---|
| 2023 | 26.86 Cr. | 25.00 Cr. | 24.76 Cr. | 0.25 Cr. |
| 2024 | 25.05 Cr. | 26.29 Cr. | 24.16 Cr. | 2.11 Cr. |
| 2025 | 20.07 Cr. | 31.76 Cr. | 27.04 Cr. | 4.72 Cr. |
| June 2025 | 14.10 Cr. | 8.10 Cr. | 6.04 Cr. | 1.81 Cr. |
* Amounts reported in ₹ Crores as sourced from company regulatory filings (RHP/DRHP).
Papadmalji Agro Foods IPO Valuation & KPIs
Key metrics pre-issuePapadmalji Agro Foods Peer Group Comparison
Listed industry peers| Company Name | P/E | EPS (₹) | RoNW (%) | NAV (₹) | Total Income |
|---|---|---|---|---|---|
| Homesfy Realty Limited | NA | (63.50) | (68.98)% | 92.06 | 41.97 Cr. |
About Papadmalji Agro Foods
Papadmalji Agro Foods engages in the manufacturing of handmade papads, machine-made papads, rice papads, vrat special papads, and moongodi, along with the trading of cereal pellets. The company also carries out white-label manufacturing of handmade papads, producing goods that clients market under their respective brand names and tailored packaging. Revenue is primarily generated through product sales under its key core brands, including Vishal, Zhakaas, and Rozana, alongside direct-to-consumer sales under the Papadmalji brand. Products are distributed across multiple sales channels, such as general trade, modern trade, quick commerce, direct-to-consumer platforms, and sales to merchant exporters for selected Middle Eastern markets. Operations are based out of manufacturing units and facilities situated in Bikaner, Rajasthan. For handmade papad production, the business utilizes a decentralized operational system involving contractors and home-based women workers who perform hand rolling according to prescribed quality specifications before final inspection.
Papadmalji Agro Foods IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 29 Sept 2026 |
| IPO Close Date | 01 Oct 2026 |
| Basis of Allotment | 05 Oct 2026 |
| Refunds | 06 Oct 2026 |
| Credit to Demat Account | 06 Oct 2026 |
| IPO Listing Date | 07 Oct 2026 |
Note: The timeline for ਪਾਪਦਮਲਜੀ ਐਗਰੋ ਫੂਡਜ਼ IPO is tentative and subject to change.
Papadmalji Agro Foods Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
|---|---|
| Capital expenditure for setting up a new manufacturing facility at Bikaner | 7.9 (42.66%) |
| Repayment / pre-payment of borrowings | 5.8 (31.32%) |
| General Corporate Purposes | 4.82 (26.02%) |
Note: Objectives are as specified in the DRHP/RHP documents of ਪਾਪਦਮਲਜੀ ਐਗਰੋ ਫੂਡਜ਼.
Papadmalji Agro Foods Company Financial Report
| Period | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | 25.00 Cr. | 24.76 Cr. | 0.25 Cr. | 26.86 Cr. |
| 2024 | 26.29 Cr. | 24.16 Cr. | 2.11 Cr. | 25.05 Cr. |
| 2025 | 31.76 Cr. | 27.04 Cr. | 4.72 Cr. | 20.07 Cr. |
| June 2025 | 8.10 Cr. | 6.04 Cr. | 1.81 Cr. | 14.10 Cr. |
Note: Financial numbers for ਪਾਪਦਮਲਜੀ ਐਗਰੋ ਫੂਡਜ਼ are in ₹ Crores unless stated otherwise.
Papadmalji Agro Foods Company Valuation & Key Performance Indicators
| KPI | Values |
|---|---|
| ROE | -% |
| ROCE | -% |
| EBITDA Margin | -% |
| PAT Margin | -% |
| Debt to Equity Ratio | – |
| Earning Per Share (EPS) | 6.93 (Basic) |
| Price/Earning P/E Ratio | - |
| Return on Net Worth (RoNW) | 43.23% |
| Net Asset Value (NAV) | 16.03 |
Note: Valuation KPIs for ਪਾਪਦਮਲਜੀ ਐਗਰੋ ਫੂਡਜ਼ are computed for FY2026.
Papadmalji Agro Foods Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Homesfy Realty Limited | (63.50) | NA | (68.98)% | 92.06 | 41.97 Cr. |
Note: Peer group comparisons for ਪਾਪਦਮਲਜੀ ਐਗਰੋ ਫੂਡਜ਼ are sourced from DRHP filings.
Papadmalji Agro Foods IPO FAQs
Papadmalji Agro Foods IPO opens for subscription on 28 September 2026 and closes on 30 September 2026.
The price band for Papadmalji Agro Foods IPO is set at ₹69.00 to ₹72.00 per share.
The minimum market lot size is 1600 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 3,200 Shares (₹2,30,400).
The latest Grey Market Premium (GMP) for Papadmalji Agro Foods IPO is ₹0.30. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Papadmalji Agro Foods IPO is tentatively scheduled for 4 October 2026, and shares are expected to list on the stock exchanges on 6 October 2026.
MAS Services Ltd. is the official registrar for Papadmalji Agro Foods IPO. Investors can check their IPO allotment status directly on the registrar's portal once finalized.