Abram Food IPO Subscribed overall 28.49 times on the last day, while the retail quota subscribed 16.05 times, QIB subscribed 0 times, and the NII quota subscribed 40.92 times, respectively.
Abram Food IPO Details
Abram Food got approval from SEBI for the IPO of ₹13.29 crores, which is an entirely fresh issue of ₹13.29 Crores with a face value of ₹10 each share. It was subscribed beyond expectations. It has a set price band of ₹98 Per Share.
Abram Food Funds Utilisations
- Some funds will be utilized to handle the Capital Expenditure for the purchase of machinery.
- Some funds will be used towards the Working Capital Requirement of the company.
- While the remaining funds will be utilized towards the General corporate purposes of the company.
- Issue-related expenses in relation to the Issue
Abram Food Shares Distributions
Moreover, the retail category had 1200 shares in a 1 lot size with a minimum application and a maximum.
S-HNI got 2,400 shares in 2 lot sizes.
To participate in this IPO, each investor group has a tailored investment range
- Retail Minimum Application:- ₹1,17,600
- Retail Maximum Application:-₹1,17,600
- S-Hni Application:- ₹2,35,200
Abram Food Subscription Duration
This IPO Started on June 24, 2025, and closed on June 26, 2025. The allotment was on June 27, 2025, and non-allottees got a refund on June 30, 2025. Abram Food IPO listing is today, July 1, 2025.
About Abram Food IPO
Abram Foods is one of the growing companies in terms of manufacturing and selling daily life products, such as Chana Dal, Flour (Chakki Atta), Besan, Multi Grain Atta, Maida, Sooji, Spices, and Cattle Feed. Initially, on February 19, 2009, the company started its business as “Sharda Edible Products Private Limited” and then changed its name to Abram Food Limited. Their products are sold in bulk, which will be around 30kg to 50kg. Not only suppliers but their business model is also perfect as their products are made and packed in the right amount so that they don’t get spoiled before being used. This way, customers get fresh products, and less food is wasted. They are very selective in terms of raw materials selection as it is finalized carefully from their supplier, who sources them mainly from places like Alwar Mandi, Khairthal, Bahrod, Jaipur, and Delhi.
Abram Food IPO Financial Background
The company reported revenue of ₹64.09 crores in 2025 against ₹36.14 crores in 2024. The company reported a profit of ₹3.26 crores in 2025 against a profit of ₹1.02 crores in 2024.
