What is the GMP of Papadmalji Agro Foods IPO today?

The Grey Market Premium (GMP) for Papadmalji Agro Foods IPO is currently ₹0. With an upper price band of ₹72, the estimated listing price is ₹72 per share, reflecting an expected listing gain of ~0%. Grey market premiums can fluctuate based on market sentiment and subscription demand.

What is the price band and lot size for Papadmalji Agro Foods IPO?

The price band for Papadmalji Agro Foods IPO is ₹69 to ₹72 per equity share. The minimum lot size is 1600 shares, which requires a minimum retail application investment of ₹1,15,200.

What are the important dates for Papadmalji Agro Foods IPO?

Papadmalji Agro Foods IPO opens for subscription on 2026-09-29T00:00:00 and closes on 2026-10-01T00:00:00. The basis of allotment is scheduled for 2026-10-05T00:00:00, and shares are expected to list on 2026-10-07T00:00:00 on BSE, NSE.

How can I check the allotment status for Papadmalji Agro Foods IPO?

You can check Papadmalji Agro Foods IPO allotment status on the registrar's official portal (MAS Services Ltd) or through the official BSE and NSE IPO allotment status pages using your PAN number or Application number.

How to apply for Papadmalji Agro Foods IPO?

Investors can apply for Papadmalji Agro Foods IPO online through ASBA (Application Supported by Blocked Amount) via their internet banking account, or via UPI using authorized stockbroking platforms like Zerodha, Groww, Angel One, and Upstox.

When does the Papadmalji Agro Foods IPO open and close?

The IPO opens on 29 Sept 2026, and closes on 1 Oct 2026.

What is Papadmalji Agro Foods IPO price band?

The issue price band is ₹69.00 to ₹72.00 per equity share.

What is the Papadmalji Agro Foods IPO lot size?

The minimum lot size is 1600 shares per application.

What is the Papadmalji Agro Foods IPO allotment date?

The allotment is scheduled on 5 Oct 2026.

Papadmalji Agro Foods IPO Details - Dates, Price Band, Issue Size

All IPOs

Issue Size

20.00 Cr

Price Band

₹69.00 - ₹72.00

Lot Size

1600 Shares

Min Investment

₹2,30,400

GMP

₹0

Subscription

2.54x

₹48.56 Cr

29 Sept 2026

IPO Opens

COMPLETED

01 Oct 2026

IPO Closes

COMPLETED

05 Oct 2026

Basis of Allotment

COMPLETED

06 Oct 2026

Refunds

COMPLETED

06 Oct 2026

Demat Credit

COMPLETED

07 Oct 2026

Listing

COMPLETED

IPO Timeline

IPO OpensDONE

29 Sept 2026

IPO ClosesDONE

01 Oct 2026

Basis of AllotmentDONE

05 Oct 2026

RefundsDONE

06 Oct 2026

Demat CreditDONE

06 Oct 2026

ListingDONE

07 Oct 2026

About Papadmalji Agro Foods IPO

Papadmalji Agro IPO open date is September 29, 2026 and the IPO will close on October 1, 2026. Papadmalji Agro IPO is a Book build Issue. The company to raise around ₹20.18 crores via IPO that comprises fresh issue of ₹18.52 crores and offer for sale up to 2,30,400 equity shares with face value of ₹10 each.

Papadmalji Agro IPO price band is ₹69 to ₹72 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Papadmalji Agro IPO to list on NSE SME on October 7, 2026. The allotment of Papadmalji Agro IPO date is October 5, 2026.

The company reported revenue of ₹[.] crores in 2026 against ₹31.76 crores in 2025. The company reported profit of ₹[.] crores in 2026 against profit of ₹4.72 crores in 2025. As per the financials, the IPO investors should apply the IPO for a long term.

IPO Details

Papadmalji Agro Foods IPO Details and Specifications
IPO Date	29 Sept 2026 to 01 Oct 2026
Face Value	₹10 Per Share
Price Band	₹69.00 - ₹72.00
Lot Size	1600 Shares
Total Issue Size	Approx 20.00 Cr 28,03,200 Equity Shares
Fresh Issue	Approx 17.00 Cr 24,28,800 Equity Shares
Offer for Sale	Approx 2.00 Cr 2,30,400 Equity Shares
Retail Portion	69.19%
Sale Type	Offer for sale
Issue Type	Bookbuilding IPO
Listing Date	07 Oct 2026
Listing At	NSE
Total Subscription Amount	₹48.56 Cr

Issue Reservation

Investor Category	Shares Offered	% Net Issue
NII	7,87,200	29.60%
- bNII > ₹10L	5,23,200	0.00%
- sNII < ₹10L	2,64,000	0.00%
Retail	18,40,000	69.19%
Market Maker	1,44,000	0.00%
Total	28,03,200	99.99%
- QIB (Ex. Anchor)	32,000	1.20%

IPO Lot Size

Application	Lots	Shares	Amount
Individual investors (Retail) (Min)	2	3,200	₹2,30,400
Individual investors (Retail) (Max)	2	3,200	₹2,30,400
S-HNI (Min)	3	4,800	₹3,45,600
S-HNI (Max)	8	12,800	₹9,21,600
B-HNI (Min)	9	14,400	₹10,36,800

About Company

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.
Strong and well-established sales and distribution network.

Contact Details

Opp. Manav Bharti School,

Garsisar,

Bikaner, Rajasthan, 334001

+91 7300071153

Registrar

Lead Managers

Day-wise GMP Trend

Date & Time	GMP (₹)	Est. Listing Price	Est. Gain (%)	Est. Profit / Lot (₹)
07-Oct-2026 10:00 AM	+₹0	₹72	+0.00%	₹0
06-Oct-2026 05:56 PM	+₹0	₹72	+0.00%	₹0
05-Oct-2026 01:50 PM	+₹0	₹72	+0.00%	₹0
03-Oct-2026 10:39 AM	+₹0	₹72	+0.00%	₹0
02-Oct-2026 05:22 PM	+₹0	₹72	+0.00%	₹0
01-Oct-2026 05:01 PM	+₹0	₹72	+0.00%	₹0
30-Sep-2026 05:11 PM	+₹0	₹72	+0.00%	₹0
29-Sep-2026 06:00 PM	+₹0	₹72	+0.00%	₹0
28-Sep-2026 04:03 AM	+₹0	₹72	+0.00%	₹0
26-Sep-2026 10:00 AM	+₹0	₹72	+0.00%	₹0
25-Sep-2026 09:38 AM	+₹0	₹72	+0.00%	₹0
24-Sep-2026 06:00 PM	+₹0	₹72	+0.00%	₹0

Subscription Status

Category	Subscription (x)	Shares Offered	Shares bid for	Total Amount (₹ Cr)
QIB (Ex. Anchor)	86.85x	32,000	27,79,200	₹20.01 Cr
NII	1.32x	7,87,200	10,36,800	₹7.46 Cr
bNII > ₹10L	1.66x	5,23,200	8,67,200	₹6.24 Cr
sNII < ₹10L	0.64x	2,64,000	1,69,600	₹1.22 Cr
Retail	1.59x	18,40,000	29,28,000	₹21.08 Cr
Total	2.54x	26,59,200	67,44,000	₹48.56 Cr

Objects of the Issue

01 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 : 7.90 Cr
02 Repayment or prepayment, in full or in part, of borrowings availed by the Company from banks : 5.80 Cr
03 General Corporate Purposes : 2.69 Cr
04 Issue Expenses : 2.32 Cr

Company Financials

Period Ended	31 MAR 2026	31 MAR 2025	31 MAR 2024
Total Income	33.54	31.76	26.29
Profit After Tax	5.21	4.72	2.11
EBITDA	8.44	5.98	3.31
NET Worth	16.14	10.93	6.20
Reserves and Surplus	9.32	10.17	5.45
Total Borrowing	9.99	8.97	10.28

Amount in ₹ Crore

IPO Valuation - KPI

KPI	31 Mar 2026
ROCE	46.47%
Debt/Equity Ratio	0.62
Return on Net Worth (RoNW)	32.29%
PAT Margin	15.54%
EBITDA Margin	25.16%
Net Asset Value (NAV)	₹23.67
Earning Per Share (EPS)	N/A
Price/Earning P/E Ratio	N/A

Peer Comparison

Company Name	EPS (₹)	P/E (x)	NAV (₹)	RoNW (%)	Income (₹ Cr)
NA	-	-	-	-	-

Promoters and Holding Pattern

Jai Agarwal, Premlata Agarwal and Aanya Agarwal. is the company's promoter of Papadmalji Agro Foods .

Particular	Pre IPO	Post IPO
Promoter and Promoter Group	60.98%	44.28%
Others*	39.02%	55.72%

Strengths

The company has maintained an extensive and well-established sales and distribution network consisting of 76 distributors and 30 wholesalers.
The business has a multi-channel presence, selling its products via general trade, modern trade, quick commerce, through a direct-to-consumer platform, and through merchant exporters.
Papadmalji Agro offers a diverse range of papads across various categories, including handmade papads, machine-made papads, machine-made rice papads, and many more.
The firm is supported by a professional management team and experienced promoters who have years of experience in the papad segment.

Risks

Its business depends on a limited number of customers. Loss of any of the top customers can adversely impact the overall business and financial condition.
The company is dependent on the top 10 suppliers for its raw materials, and they do not have long-term contracts with them. Loss of any of the top suppliers or interruption in the delivery of raw materials can negatively impact the overall business and cash flow.
ts business and its revenue mostly depend on its key brands “Vishal,” “Zhakaas,” and “Rozana.” Any decline in the sale of products from such brands can impact the business and financial condition.

Frequently Asked Questions (FAQ)

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About Papadmalji Agro Foods IPO

IPO Details

Papadmalji Agro Foods IPO Details and Specifications
IPO Date	29 Sept 2026 to 01 Oct 2026
Face Value	₹10 Per Share
Price Band	₹69.00 - ₹72.00
Lot Size	1600 Shares
Total Issue Size	Approx 20.00 Cr 28,03,200 Equity Shares
Fresh Issue	Approx 17.00 Cr 24,28,800 Equity Shares
Offer for Sale	Approx 2.00 Cr 2,30,400 Equity Shares
Retail Portion	69.19%
Sale Type	Offer for sale
Issue Type	Bookbuilding IPO
Listing Date	07 Oct 2026
Listing At	NSE
Total Subscription Amount	₹48.56 Cr

Investor Category

Shares Offered

% Net Issue

NII

7,87,200

29.60%

- bNII > ₹10L

5,23,200

0.00%

- sNII < ₹10L

2,64,000

0.00%

Retail

18,40,000

69.19%

Market Maker

1,44,000

0.00%

Total

28,03,200

99.99%

- QIB (Ex. Anchor)

32,000

1.20%

Application

Lots

Amount

Individual investors (Retail) (Min)

3,200

₹2,30,400

Individual investors (Retail) (Max)

3,200

₹2,30,400

S-HNI (Min)

4,800

₹3,45,600

S-HNI (Max)

12,800

₹9,21,600

B-HNI (Min)

14,400

₹10,36,800

About Company

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.
Strong and well-established sales and distribution network.

Contact Details

Opp. Manav Bharti School,

Garsisar,

Bikaner, Rajasthan, 334001

+91 7300071153

cs@papadmalji.com

Visit Website

Date & Time

GMP (₹)

Est. Listing Price

Est. Gain (%)

Est. Profit / Lot (₹)

07-Oct-2026 10:00 AM

+₹0

₹72

+0.00%

₹0

06-Oct-2026 05:56 PM

+₹0

₹72

+0.00%

₹0

05-Oct-2026 01:50 PM

+₹0

₹72

+0.00%

₹0

03-Oct-2026 10:39 AM

+₹0

₹72

+0.00%

₹0

02-Oct-2026 05:22 PM

+₹0

₹72

+0.00%

₹0

01-Oct-2026 05:01 PM

+₹0

₹72

+0.00%

₹0

30-Sep-2026 05:11 PM

+₹0

₹72

+0.00%

₹0

29-Sep-2026 06:00 PM

+₹0

₹72

+0.00%

₹0

28-Sep-2026 04:03 AM

+₹0

₹72

+0.00%

₹0

26-Sep-2026 10:00 AM

+₹0

₹72

+0.00%

₹0

25-Sep-2026 09:38 AM

+₹0

₹72

+0.00%

₹0

24-Sep-2026 06:00 PM

+₹0

₹72

+0.00%

₹0

Papadmalji Agro Foods IPO Details

About Papadmalji Agro Foods IPO

IPO Details

Issue Reservation

IPO Lot Size

About Company

Day-wise GMP Trend

Objects of the Issue

Company Financials

IPO Valuation - KPI

Peer Comparison

Promoters and Holding Pattern

Strengths

Risks

Frequently Asked Questions (FAQ)

When does the Papadmalji Agro Foods IPO open and close?

What is Papadmalji Agro Foods IPO price band?

What is the Papadmalji Agro Foods IPO lot size?

What is the Papadmalji Agro Foods IPO allotment date?

What is the Papadmalji Agro Foods IPO listing date?

What is the minimum investment required in Papadmalji Agro Foods IPO?

Join the discussion

Papadmalji Agro Foods IPO Details

About Papadmalji Agro Foods IPO

IPO Details

Issue Reservation

IPO Lot Size

About Company

Day-wise GMP Trend

Objects of the Issue

Company Financials

IPO Valuation - KPI

Peer Comparison

Promoters and Holding Pattern

Strengths

Risks

Frequently Asked Questions (FAQ)

When does the Papadmalji Agro Foods IPO open and close?

What is Papadmalji Agro Foods IPO price band?

What is the Papadmalji Agro Foods IPO lot size?

What is the Papadmalji Agro Foods IPO allotment date?

What is the Papadmalji Agro Foods IPO listing date?

What is the minimum investment required in Papadmalji Agro Foods IPO?

Join the discussion