Papadmalji Agro Foods Limited IPO
29 Sept 2026 – 1 Oct 2026
Share Price
Daily prices appear once NSE publishes the day's closing data, which is in the evening.
Issue Details
- Price Band
- ₹69 – ₹72
- Lot Size
- 1600 shares
- Min Investment
- ₹2,30,400 (2 lots · 3,200 shares)
- Face Value
- ₹10
- Fresh Issue
- 25,72,800 shares (to the company)
- Offer for Sale
- 2,30,400 shares (to selling holders)
- Listing At
- NSE · BSE
- Issue Size
- Initial Public Offer comprising of Fresh issue of up to 25,72,800 equity shares and offer for sale of up to 2,30,400 equity shares (including Market Maker portion of 1,44,000 Equity Shares)
- Registrar
- MAS Services Limited ↗
Timetable
GMP History
Latest GMP ₹0 · Last updated 7 Oct 2026, 11:51 am IST
| Date | GMP | GMP % | Change | Est. Listing | Updated (IST) |
|---|---|---|---|---|---|
| 2 Oct | ₹0 | 0.0% | — | ₹72 | |
| 1 Oct | ₹0 | 0.0% | — | ₹72 | |
| 30 Sept | ₹0 | 0.0% | — | ₹72 | |
| 29 Sept | ₹0 | 0.0% | — | ₹72 | |
| 28 Sept | ₹0 | 0.0% | — | ₹72 |
Subscription
NSE publishes what each category bid for on this issue but not how many shares were reserved for it, so the bids below stand without a multiple against them.
Category-wise bidding
| Category | Bid for | Applications | Times |
|---|---|---|---|
| QIB | 27,79,200 | 4 | — |
| NII / HNI | 11,80,800 | 39 | — |
| bNII · bids above ₹10L | 10,11,200 | 9 | — |
| sNII · bids ₹2L–₹10L | 1,69,600 | 30 | — |
| Retail | 29,28,000 | 915 | — |
Bids received on NSE, as at 01-Oct-2026 19:00:04 IST. The two NII rows are parts of the NII total above them, not additions to it.
Day-wise subscription
| Date | QIB | NII / HNI | Retail | Total |
|---|---|---|---|---|
| 1 Oct | — | — | — | 2.46x |
| 30 Sept | — | — | — | 1.66x |
| 29 Sept | — | — | — | 1.33x |
Financials
All values in ₹ crore
About Papadmalji Agro Foods
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
As published in the company's own offer documents.
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
As stated by the company in its prospectus — not our assessment.
The company's own risk factors are not shown here. They run to dozens of pages in the Red Herring Prospectus, under “Risk Factors”, and are worth the read before applying.
Lead Managers
- Kreo Capital Private Limited
Offer details
Application sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min)one lot, the smallest bid allowed | 1 | 1,600 | ₹1,15,200 |
| S-HNI (min)first bid over ₹2L | 2 | 3,200 | ₹2,30,400 |
| S-HNI (max)most that stays under ₹10L | 8 | 12,800 | ₹9,21,600 |
| B-HNI (min)first bid over ₹10L | 9 | 14,400 | ₹10,36,800 |
Priced at the top of the band, which is what a cut-off bid pays. Retail ends at ₹2,00,000 and S-HNI at ₹10,00,000; these are SEBI's limits, not the issuer's.
Issue mechanics
- Issue Type
- Book Building
- Categories
- FI, IC, MF, FII, OTH, CO, IND and NOH
- UPI Eligible
- IND (Up to Rs. 5,00,000)
- Tick Size
- Re.1
- Bidding Hours
- 10.00 a.m. to 5.00 p.m. (Bidding Timings on Issue Closure upto 4:00 P.M.)
- UPI Mandate Cut-off
- 01-Oct-2026 (upto 5:00 PM) The cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. Further bids with confirmed status of mandate amount blocked (RC100) shall be considered as valid applications and hence investors are advised to submit their UPI applications in IPO well in advance to avoid any last minute technical/systemic constraints that may hamper their ability to p
- Sponsor Bank
- Axis Bank Limited
Registrar
- Name
- MAS Services Limited
- Address
- T-34, 2nd Floor, Okhla Industral Area, Phase II, New Delhi 110 020, India.
- Contact
- Mr. N. C. Pal, 011 4132 0335, ipo@masserv.com
Documents
- Red Herring ProspectusThe full offer documentPDF
- Basis of Issue PriceHow the band was arrived atPDF
- Application FormThe blank ASBA form, as filedPDF
- Security ParametersTick size, lot and limits as filed with the exchangePDF
Published by NSE as ZIP archives; opened here as the PDF inside.
Collected from NSE and public sources. Always confirm against the prospectus before applying.
Frequently Asked Questions
What is the GMP of Papadmalji Agro Foods Limited IPO today?
The latest grey market premium for Papadmalji Agro Foods Limited IPO is ₹0. GMP is unofficial and indicative only — it is not a guarantee of listing price.
What is the price band of Papadmalji Agro Foods Limited IPO?
The price band is ₹69 – ₹72, with a lot size of 1600 shares. The minimum investment is ₹2,30,400.
When does Papadmalji Agro Foods Limited IPO open and close?
The issue opens on 29 Sept 2026 and closes on 1 Oct 2026. Listing is expected on 7 Oct 2026.
Who is the registrar for Papadmalji Agro Foods Limited IPO?
MAS Services Limited is the registrar. Allotment status can be checked on the registrar's website once allotment is finalised.