Baba Food Processing IPO Date, Review, Price, Allotment Details

Baba Food Processing is primarily engaged in the business of manufacturing high-fibre Whole Wheat Atta (Wheat Flour), Refined Flour (Maida), Tandoori Atta, and Semolina flour (Sooji). Their manufacturing unit is situated in Ranchi and houses two divisions namely, the high fibre whole wheat atta division and refined flour division. The Company manufactures high-fibre Whole Wheat Atta (Wheat Flour) in their whole wheat atta division and Refined Flour (Maida), Tandori Atta, and Semolina flour(Sooji) in their refined flour division. They also commercialize the by-product and waste material, i.e., wheat bran and other waste materials generated during their manufacturing process as cattle feed and fish feed, which makes their manufacturing unit a zero waste and zero discharge manufacturing unit.

Baba Food Processing manufacturing unit is equipped with an ultramodern highly automated Buhler’s Swiss Technology Pesa Mill for manufacturing of stoneless high fibre atta and also an ultra-modern highly automated Buhler’s Swiss Technology Roller Flour Mill with an installed capacity of 200 Tons per day. They also market and sell Chickpea Flour (Besan) and Roasted Gram Flour (Sattu) under their brand ‘Panchakanya’, however, they procure this product from third-party manufacturers. They propose to utilise a portion of the Net Proceeds of this Issue, towards the purchase of machinery for manufacturing Chickpea Flour (Besan) and Roasted Gram Flour (Sattu) in their existing manufacturing unit.

The Company has a diversified marketing network through which it markets and sells its products. Their customer/distributor base is divided into five categories namely, institutional manufacturers, modern traders, dealers, wholesalers, and retailers.

Objects of the Issue:

• Investment in our wholly owned Subsidiary, Panchakanya Foods Private Limited (“PFPL”) for setting up a manufacturing unit in Patna, Bihar, comprising an ultra-modern highly automated roller flour mill and chakki whole wheat atta mill (hereinafter referred as the “Project”).
• Funding purchase of machinery for manufacturing Chickpea Flour (Besan) and Roasted Gram Flour (Sattu) in our existing manufacturing unit in Ranchi.
• Funding working capital requirements of the Company.
• Prepayment or repayment of all or a portion of certain outstanding unsecured borrowings availed by the Company.
• General Corporate Purposes.

Baba Food Processing IPO Review

• May Apply

Baba Food Processing IPO Date & Price Band Details

Baba Food Processing IPO Market Lot

The Baba Food Processing IPO minimum market lot is 1600 shares with a ₹121,600 application amount.

Baba Food Processing IPO Dates

The Baba Food Processing IPO date is November 3 and the IPO close date is November 7. The IPO allotment date is November 10 and the IPO might list on November 15.

You can check IPO subscription status and IPO allotment status on their respective pages.

Baba Food Processing IPO Form

How to apply Baba Food Processing IPO? You can apply Baba Food Processing IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Baba Food Processing IPO in the Invest section. The other option you can apply Baba Food Processing IPO via IPO forms download via the NSE website. Check out the Baba Food Processing forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.

Baba Food Processing Company Financial Report

Baba Food Processing IPO Valuation – FY2023

Check Baba Food Processing IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group

• Megastar Foods Ltd

Company Promoters

• Yogesh Kumar Sahu

Baba Food Processing IPO Registrar

Mas Services Limited
Phone: (011) 2610 4142
Email: [email protected]
Website: http://www.masserv.com

Baba Food Processing IPO Allotment Status

Check Baba Food Processing IPO allotment status on Mas Services website URL. Click Here

Baba Food Processing IPO Lead Managers aka Merchant Bankers

• Horizon Management Private Limited

Company Address

Baba Food Processing Limited
6th Floor, Home Decor Building,
Opposite Durga Mandir, Ratu Road,
Ranchi G.P.O., Ranchi – 834 001,
Phone: +91 915 519 2834
Website: https://www.babafood.in/

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