Papadmalji Agro IPO
Papadmalji Agro opens for subscription on 29 Sept 2026 and closes on 1 Oct 2026, at a price band of ₹69 – ₹72 with a lot of 3200 shares. Listing is expected on 7 Oct 2026.
Updated 22 Oct 2026
Important dates
Opens
29 Sept 2026
Closes
1 Oct 2026
Allotment
5 Oct 2026
Listing
7 Oct 2026
IPO details
| Price band | ₹69 – ₹72 |
|---|---|
| Lot size | 3200 shares |
| Minimum investment | ₹2,30,400 |
| Issue size | ₹20.18 crore |
| Face value | ₹10 per share |
| Board | SME |
| Listing at | NSE SME |
| Retail quota | 35% |
| EPS | ₹6.93 |
| RoNW | 43.23% |
Grey market premium (GMP)
No meaningful grey market premium was reported at the last update.
GMP is unregulated grey market chatter, not an exchange price, and it often swings or turns out wrong on listing day. SEBI cautions investors against relying on it. Read the GMP explainer.
Subscription status
Subscribed 2.54 times overall at the last update.
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 | 86.85× | 0.01× | 0.51× | 1.4× |
| Day 2 | 86.85× | 0.32× | 0.8× | 1.7× |
| Day 3 | 86.85× | 1.32× | 1.59× | 2.54× |
Company financials (₹ crore)
| Year | Revenue | Expenses | Profit after tax |
|---|---|---|---|
| FY23 | 25 | 24.76 | 0.25 |
| FY24 | 26.29 | 24.16 | 2.11 |
| FY25 | 31.76 | 27.04 | 4.72 |
About Papadmalji Agro
Papadmalji Agro Foods Limited, incorporated in December 2017, began its journey by manufacturing and selling papads and related food products. Further, its product range includes handmade and machine-made papads, ready-to-fry papads, rice papads (Khichiya), vrat-special papads and moongodi.
The company also makes handmade papads for other brands and sells cereal pellets under its own brand. It uses both traditional handmade methods and modern machinery for making, drying and packaging its products. It sells its products under brands such as Zhakaas, Vishal, Rozana, Diamond, and Papadmalji.
Moreover, let's have a look on companies strengths:
Focuses on purity, health and wellness.
Offers a wide range of products and variants.
Experienced promoters and a professional management team.
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
- Installation of 125 kW Rooftop Solar Power System at existing Garsisar Unit, Bikaner
- Funding incremental working capital requirements of the Company
- Repayment or prepayment, in full or in part, of borrowings availed by the Company from banks
- General Corporate Purposes
Allotment status and registrar
MAS Services Ltd. is the registrar. After 5 Oct 2026, check your status with your PAN or application number on the registrar's site or the BSE/NSE allotment pages.
Registrar contact: 011-2638728182 · ipo@masserv.com
Lead managers and offer documents
- Kreo Capital Pvt. Ltd.
Papadmalji Agro IPO: FAQs
When does the Papadmalji Agro IPO open and close?
The Papadmalji Agro IPO opens on 29 Sept 2026 and closes on 1 Oct 2026.
What is the Papadmalji Agro IPO price band?
The price band is ₹69 – ₹72 per share (face value ₹10).
What is the Papadmalji Agro IPO lot size?
One lot is 3200 shares, so the minimum investment is ₹2,30,400 at the upper price band.
When is the Papadmalji Agro IPO allotment date?
Allotment is expected on 5 Oct 2026. Check the status on the registrar's site (MAS Services Ltd.) or the BSE/NSE allotment pages using your PAN.
When will Papadmalji Agro shares list?
Listing is expected on 7 Oct 2026 on NSE SME.
What is the Papadmalji Agro IPO GMP today?
No meaningful grey market premium was reported when this page was last updated. GMP is unofficial and unregulated, so it should not drive your decision.
Details are compiled from the offer documents and exchange disclosures via IPOWatch and may change or contain errors; verify in the RHP and on BSE/NSE before applying. This page is for information only and is not a recommendation to apply. Neminath Traders is not a SEBI-registered investment adviser. Read how to apply for an IPO.