Papadmalji Agro IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 86.85 | 86.85 | 86.85 |
| NII | 0.01 | 0.32 | 1.32 |
| RII | 0.51 | 0.80 | 1.59 |
| Total | 1.40 | 1.69 | 2.54 |
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
The Papadmalji Agro IPO minimum market lot is 3200 shares with ₹2,30,400 application amount. The Papadmalji Agro IPO is a SME IPO, and it is to be listed on NSE SME.
Business Overview
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.
Papadmalji Agro IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Papadmalji Agro IPO Review and Rating
- May Apply For Long-term View
Papadmalji Agro IPO Form
How to apply for the Papadmalji Agro IPO? You can apply for Papadmalji Agro IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Papadmalji Agro IPO in the Invest section. The other option is you can apply for Papadmalji Agro IPO via IPO forms downloaded online. Check out the Papadmalji Agro forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
