GMP IPO Watch
Q&T Foods IPO 2026: Final-Day Subscription, 90% PAT Growth, American Bakers Expansion and Investment Analysis
Q&T Foods IPO closes August 14, 2026 at ₹115 per share. Explore its ₹26.25 crore BSE SME i...
Read Article
Q
SME IPO
LISTED
BSE SME
Q&TFOODS
Q&T Foods IPO
Q&T Foods IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Live GMP Today
₹6
+5.2%
Est. Listing: ₹121.00
Price Band
₹115
Per equity share
Lot Size
1200 Shares
Min Invest: ₹2,76,000
Issue Size
₹26.25 Cr
Total Public Offering
Issue Dates
11 August 2026 – 13 August 2026
Bidding period
Subscription
1.42x
Total overall demand
Q&T Foods IPO Details
Key facts at a glance| IPO Open Date | 11 August 2026 | IPO Close Date | 13 August 2026 |
|---|---|---|---|
| Basis of Allotment | 16 August 2026 | Listing Date | 18 August 2026 |
| Price Band | ₹115 per share | Face Value | ₹10 per share |
| Market Lot Size | 1200 Shares | Min Investment (Retail) | ₹2,76,000 |
| Total Issue Size | ₹26.25 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | BSE SME | Issue Category | SME Issue |
| Registrar | TBA | ||
Q&T Foods IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 11 August 2026 | Confirmed |
| IPO Close Date | 13 August 2026 | Confirmed |
| Basis of Allotment | 16 August 2026 | Tentative |
| Initiation of Refunds | 18 August 2026 | Tentative |
| Credit of Shares to Demat | 18 August 2026 | Tentative |
| IPO Listing Date | 18 August 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 14 August 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.
Q&T 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 | 2,400 Shares | ₹2,76,000 |
| Retail (Max) | 2 Lots | 2,400 Shares | ₹2,76,000 |
| S-HNI (Min) | 3 Lots | 3,600 Shares | ₹4,14,000 |
| S-HNI (Max) | 7 Lots | 8,400 Shares | ₹9,66,000 |
| B-HNI (Min) | 8 Lots | 9,600 Shares | ₹11,04,000 |
Q&T Foods IPO Live GMP & Movement History
Daily unofficial grey market trends
Current Grey Market Premium
₹6 +5.2%
Estimated Listing Price
₹121.00
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 13 Aug 2026 | ₹10 | ₹125.00 | +8.70% |
| 12 Aug 2026 | ₹21 | ₹136.00 | +18.26% |
Disclaimer: Grey Market Premium (GMP) figures are purely unofficial and indicative rates traded in the unregulated grey market. GMP is highly volatile and does not guarantee the actual listing price. Always consult a SEBI registered investment advisor before bidding.
Q&T Foods IPO Subscription Status
Demand breakdown by investor category
Retail
2.64x
QIB
—
NII / HNI
0.20x
Total
1.42x
About Q&T Foods
Q&T Foods Limited is primarily engaged in the business of manufacturing, distributing, marketing, and selling a variety of bakery products under its brand, ‘American Bakers’. The company’s offerings are targeted mainly at local consumers in the state of Uttar Pradesh. Its diversified product portfolio includes a range of breads such as Milk, White, Multigrain, and Brown Bread, alongside other bakery items like Kulcha, Pav, Burger Buns, and Pizza Bases. All products are manufactured at its in-house facility in Ghaziabad, Uttar Pradesh, which is accredited with ISO 22000:2018 and HACCP certifications for quality management. The company generates revenue by selling its products to a network of over 50 dealers, who then resell them to retail end-consumers through various multi-brand outlets and stores. Q&T Foods does not operate its own retail stores.
Key Strengths
- Experienced Promoters with a proven track record in the bakery industry, driving corporate strategy and business expansion.
- In-house, quality-certified manufacturing facility in Ghaziabad accredited with ISO 22000:2018 and HACCP standards.
- Well-developed distribution network supported by sales training and incentive programs for dealers.
- Long-standing relationships with a network of over 50 dealers ensure uninterrupted supply.
- Focus on strict quality control and timely delivery across raw material procurement and finished product distribution.
Key Risks
- Pending legal proceedings involving the company and its promoters could adversely affect its reputation and financials.
- Manufacturing operations are on leased premises, exposing the company to risk if agreements are not renewed.
- High revenue dependence on the top 10 customers, contributing around 25% of total revenue in Fiscal 2026.
- Geographic concentration of revenue and manufacturing operations in the state of Uttar Pradesh.
- Heavy revenue reliance on the bread segment, which accounted for over 99% of revenue in recent fiscal years.
Q&T Foods IPO Reservation & Share Quotas
The Q&T Foods IPO has a category-wise reservation for Non-Institutional Investors (NIIs) and Retail Individual Investors (RIIs). As a fixed-price SME issue, the available shares are divided equally between these two investor categories based on the provided reservation structure.
A total of 10,83,600 equity shares, representing 50% of the offered shares, are reserved for Non-Institutional Investors. An equal allocation of 10,83,600 shares, representing the remaining 50%, is reserved for Retail Individual Investors.
| Investor Category | Shares Offered | Reservation (%) |
|---|---|---|
| Anchor Investor | – Shares | -% |
| Non-Institutional Investors (NII) | 10,83,600 Shares | 50% |
| Retail Individual Investors (RII) | 10,83,600 Shares | 50% |
Note: The above table presents the category-wise Q&T Foods IPO reservation details. The final allotment will depend on the subscription received in each investor category and the basis of allotment finalized after the issue closes.
Q&T Foods IPO Important Dates
The Q&T Foods IPO opens for subscription on August 12, 2026 and closes on August 14, 2026. After completion of the subscription period, the company is expected to finalize the basis of allotment on August 17, 2026.
Refunds for unsuccessful applicants are scheduled to be initiated on August 18, 2026. Successful investors are expected to receive the allotted shares in their demat accounts on the same date. Q&T Foods shares are proposed to be listed on the BSE SME platform on August 19, 2026.
| IPO Event | Date |
|---|---|
| IPO Open Date | August 12, 2026 |
| IPO Close Date | August 14, 2026 |
| Basis of Allotment | August 17, 2026 |
| Refunds | August 18, 2026 |
| Credit to Demat Account | August 18, 2026 |
| IPO Listing Date | August 19, 2026 |
Note: The above dates represent the proposed Q&T Foods IPO schedule. The timeline may be revised by the company, registrar, or stock exchange if required.
Q&T Foods IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 12 Aug 2026 |
| IPO Close Date | 14 Aug 2026 |
| Basis of Allotment | 17 Aug 2026 |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 19 Aug 2026 |
Note: The timeline for Q&T Foods IPO is tentative and subject to change.
Q&T Foods Objects of the Issue & Utilisation of Proceeds
Q&T Foods proposes to utilise the proceeds from the fresh issue primarily for capital expenditure, working capital requirements and repayment or pre-payment of certain existing borrowings. These investments are intended to support the company's manufacturing operations and ongoing business requirements.
The company plans to allocate approximately ₹4.42 crores towards the purchase of equipment and machinery for its existing manufacturing facility. Another ₹7.50 crores is proposed to be used for working capital requirements, while approximately ₹6.75 crores will be utilised towards repayment or pre-payment of certain borrowings.
| Purpose | Amount |
|---|---|
| To finance the capital expenditure requirements for the purchase of equipment/machineries for the existing manufacturing facility | ₹4.42 Crores |
| To part finance the working capital requirements of the company | ₹7.50 Crores |
| Repayment/pre-payment, in full or in part, of certain borrowings availed by the company | ₹6.75 Crores |
| To meet general corporate purposes | ₹- |
Note: The above amounts represent the proposed utilisation of the Q&T Foods IPO proceeds. The actual deployment may vary depending on capital expenditure requirements, working capital needs, repayment obligations and other business requirements.
Q&T Foods Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Q&T Foods Company Financial Report
Q&T Foods has recorded consistent growth in its financial performance from FY2024 to FY2026. The company's revenue increased from ₹40.22 crores in FY2024 to ₹46.83 crores in FY2025 and further reached ₹54.78 crores in FY2026, reflecting steady expansion in its business operations.
Profitability improved at a faster pace during the same period. Profit After Tax (PAT) increased from ₹1.96 crores in FY2024 to ₹2.74 crores in FY2025 and then nearly doubled to ₹5.20 crores in FY2026. Total assets also expanded from ₹14.34 crores to ₹26.57 crores over the three-year period.
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 | ₹40.22 Cr. | ₹37.57 Cr. | ₹1.96 Cr. | ₹14.34 Cr. |
| 2025 | ₹46.83 Cr. | ₹43.14 Cr. | ₹2.74 Cr. | ₹19.68 Cr. |
| 2026 | ₹54.78 Cr. | ₹47.83 Cr. | ₹5.20 Cr. | ₹26.57 Cr. |
Amount in ₹ Crores: The above table summarizes Q&T Foods' revenue, expenses, Profit After Tax (PAT), and total assets from FY2024 to FY2026. Investors should evaluate these financial trends along with profitability margins, IPO valuation, debt position, business growth and industry conditions.
Q&T Foods Company Financial Report
To Be Updated Soon
Q&T Foods Company Valuation & Key Performance Indicators
To Be Updated Soon
Q&T Foods Peer Group Comparison
To Be Updated Soon
Q&T Foods IPO FAQs
Q&T Foods IPO opens for subscription on 11 August 2026 and closes on 13 August 2026.
The price band for Q&T Foods IPO is set at ₹115.00 per share.
The minimum market lot size is 1200 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 2,400 Shares (₹2,76,000).
The latest Grey Market Premium (GMP) for Q&T Foods IPO is ₹6. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Q&T Foods IPO is tentatively scheduled for 16 August 2026, and shares are expected to list on the stock exchanges on 18 August 2026.
The registrar details will be confirmed in the official prospectus.
Q&T Foods IPO Analysis & Articles
