Papadmalji Agro Foods IPO is a proposed SME Book Built public issue by Papadmalji Agro Foods Limited. The public issue comprises a fresh issue of up to 25,74,000 equity shares and an Offer for Sale of up to 2,74,800 equity shares by India Customer Insight Fund. The equity shares are proposed to be listed on the NSE Emerge platform. The company has filed its Draft Red Herring Prospectus for the proposed public issue.
Papadmalji Agro Foods Limited is an ISO 22000:2018 certified food company headquartered in Bikaner, Rajasthan. The company is engaged in the in-house manufacturing of handmade papads, machine-made papads, rice papads or khichiya, vrat special papads and moongodi. In addition to manufacturing under its own brands, the company also undertakes white-label manufacturing of handmade papads for third-party clients.
The company operates a combination of traditional hand-rolling methods and machine-based manufacturing. Its manufacturing facilities use semi-automated and automated machinery for activities such as dough preparation, sheeting, rolling, cutting, drying and packaging. Its products are marketed under the brands Zhakaas, Vishal, Rozana, Diamond and Papadmalji across general trade, modern trade, quick commerce, direct-to-consumer and selected export channels.
The company has proposed to use the fresh issue proceeds for setting up a new manufacturing facility at Bachhasar, Bikaner, installing rooftop solar power systems, meeting incremental working capital requirements and repaying or prepaying borrowings from banks. The proposed expansion is intended to increase manufacturing capacity and support the company’s future growth.
Table of Contents
Papadmalji Agro Foods IPO Details
| IPO Details | Information |
|---|---|
| IPO Name | Papadmalji Agro Foods IPO |
| Company Name | Papadmalji Agro Foods Limited |
| IPO Type | Book Built Issue |
| IPO Category | SME IPO |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹69 to ₹72 per share |
| Issue Size | 28,48,800 Equity Shares |
| Fresh Issue | 25,74,000 Equity Shares |
| Offer for Sale | 2,74,800 Equity Shares |
| IPO Open Date | 29 September 2026 |
| IPO Close Date | 1 October 2026 |
| Anchor Investor Bidding | 28 September 2026 |
| Basis of Allotment | 5 October 2026 |
| Refund Initiation | 6 October 2026 |
| Shares Credited to Demat Account | 6 October 2026 |
| Listing Date | 7 October 2026 |
| Listing Exchange | NSE SME |
| Lot Size | 1,600 shares per lot |
| Minimum Application | ₹230,400 (Requires a minimum of 2 Lots / 3,200 shares at the upper band of ₹72) |
| Registrar | MAS Services Limited |
| Book Running Lead Manager | Kreo Capital Private Limited |
The Papadmalji Agro Foods IPO comprises up to 28,48,800 equity shares of face value ₹10 each. The fresh issue consists of up to 25,74,000 equity shares, while the Offer for Sale consists of up to 2,74,800 equity shares offered by India Customer Insight Fund.
The final offer price, price band, minimum bid lot and issue dates are not disclosed in the DRHP and are expected to be determined closer to the IPO launch.
Papadmalji Agro Foods IPO Dates
| IPO Event | Date |
|---|---|
| Anchor Investor Bidding | 28 September 2026 |
| IPO Opening Date | 29 September 2026 |
| IPO Closing Date | 1 October 2026 |
| Basis of Allotment | 5 October 2026 |
| Refund Initiation | 6 October 2026 |
| Shares Credited to Demat Account | 6 October 2026 |
| Listing Date | 7 October 2026 |
The IPO timeline will be available after the company announces the final price band and bidding schedule.
Papadmalji Agro Foods IPO Reservation
| Investor Category | Reservation |
|---|---|
| Qualified Institutional Buyers (QIB) | Not more than 50% of the Net Offer |
| Non-Institutional Investors (NII) | Not less than 15% of the Net Offer |
| Retail Individual Investors (RII) | Not less than 35% of the Net Offer |
| Market Maker | Fixed Reservation |
The final number of shares available for each investor category will depend on the final issue structure and market maker reservation portion announced before the IPO opens.
Papadmalji Agro Foods IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lots | 3,200 | ₹230,400 |
| Retail Maximum | 2 Lots | 3,200 | ₹230,400 |
| S-HNI Minimum | 4 Lots | 6,400 | ₹460,800 |
| S-HNI Maximum | 8 Lots | 12,800 | ₹921,600 |
| B-HNI Minimum | 9 Lots | 14,400 | ₹1,036,800 |
The minimum application size and lot size will be announced along with the final price band and IPO timetable.
About Papadmalji Agro Foods Limited
Papadmalji Agro Foods Limited was incorporated as Papadmalji Agro Foods Private Limited on December 19, 2017. The company was subsequently converted into a public limited company in January 2025. The company is headquartered in Bikaner, Rajasthan, which is known for its traditional papad and savoury food production.
The company is engaged in the manufacturing of traditional and packaged food products, with papads forming the core of its product portfolio. Its manufacturing activities include handmade papads, machine-made papads, rice papads or khichiya, vrat special papads and moongodi. The company also trades cereal pellets under its own brand.
Papadmalji Agro Foods follows a hybrid manufacturing model that combines traditional hand-rolling techniques with semi-automated and automated manufacturing processes. The company states that this approach allows it to maintain the traditional character of handmade papads while improving production scalability, consistency and hygiene.
The company has developed multiple brands for different consumer segments. Its portfolio includes Zhakaas, Vishal, Rozana, Diamond and Papadmalji. Products are sold through general trade, modern trade, quick commerce, direct-to-consumer channels and merchant exporters serving selected Middle Eastern markets.
Business Operations
Papadmalji Agro Foods Limited operates across manufacturing, white-label production, trading and distribution activities.
- Handmade Papads – The company manufactures traditional handmade papads using established hand-rolling methods associated with the Bikaner region.
- Machine-Made Papads – The company manufactures machine-made papads using semi-automated and automated production systems designed to improve consistency and production capacity.
- Rice Papads and Khichiya – The company manufactures rice-based papads and khichiya products, which are marketed under its brand portfolio.
- Vrat Special Papads – The company offers papad products designed for consumption during fasting periods.
- Moongodi – The company manufactures moongodi as part of its traditional food product portfolio.
- White-Label Manufacturing – The company manufactures handmade papads for third-party clients that sell the products under their own brands and packaging.
- Cereal Pellets Trading – The company sources and trades cereal pellets under its own brand, providing an additional revenue stream.
- Direct-to-Consumer Sales – The company sells products directly to consumers through its own online platform under the Papadmalji brand.
- General and Modern Trade – Its products are distributed through distributors, wholesalers, modern trade channels and other retail outlets.
- Quick Commerce – The company also uses quick-commerce platforms to distribute selected products to consumers.
- Export Sales – Products are sold in selected Middle Eastern markets through merchant exporters.
Product Portfolio
Papadmalji Agro Foods has developed a diversified product portfolio centred on traditional Indian papads and related food products.
- Handmade Papads
- Machine-Made Papads
- Rice Papads or Khichiya
- Vrat Special Papads
- Moongodi
- Cereal Pellets
The company markets these products through different brands, including Zhakaas, Vishal, Rozana, Diamond and Papadmalji. Zhakaas includes rice papads, vrat special papads, ready-to-fry products, cereal pellets and moongodi. Vishal focuses on handmade papads, while Rozana focuses on machine-made papads. Diamond offers handmade papads through selected general trade customers, and Papadmalji is positioned as the company’s direct-to-consumer brand.
Distribution Network
The company has developed a multi-channel distribution network to reach consumers across different retail formats.
As of June 30, 2025, the company had 68 distributors and 25 wholesalers servicing 5,965 retail outlets in the general trade channel. It also sells through modern trade and quick-commerce platforms under purchase order arrangements.
The company additionally sells products to selected Middle Eastern markets through merchant exporters. Its direct-to-consumer channel provides another route to market through the company’s own online platform.
Industry Overview
The Indian packaged food and savoury food industry has been expanding with changing consumer preferences, increasing urbanisation, rising disposable incomes, greater preference for packaged products and wider access to modern retail and digital commerce channels.
Traditional Indian snacks and savouries have increasingly moved from largely unorganised markets towards organised manufacturing and branded distribution. This transition provides opportunities for manufacturers that can combine traditional recipes with modern packaging, quality controls, distribution and marketing.
The papad market is supported by regular household consumption as well as demand from restaurants, food-service businesses and retail consumers. Regional food traditions also provide opportunities for companies to develop differentiated products based on local flavours and manufacturing methods.
Papadmalji Agro Foods operates from Bikaner, Rajasthan, a region associated with papad manufacturing. The company’s combination of handmade production, mechanised manufacturing, white-label manufacturing and branded products provides exposure to different segments of the packaged food market.
Business Strategy
Papadmalji Agro Foods Limited is focused on expanding its manufacturing capacity, improving production efficiency and strengthening its distribution network.
- Expansion of Manufacturing Capacity – The company proposes to establish a new manufacturing facility at Bachhasar, Bikaner, with building, mechanical and electrical works and plant and machinery.
- Investment in Solar Power – The company plans to install a 250 kW rooftop solar power system at the proposed new facility and a 125 kW rooftop solar power system at its existing Garsisar unit.
- Strengthening Distribution – The company intends to expand its distribution reach through general trade, modern trade, quick commerce and direct-to-consumer channels.
- Expansion of Product Portfolio – The company aims to introduce and develop new food products while expanding its existing product categories.
- Growth of White-Label Manufacturing – The company can utilise its manufacturing capacity to produce handmade papads for third-party brands, providing an additional source of demand.
- Brand Development – The company intends to strengthen its brands and increase the visibility of its products across multiple consumer channels.
The proposed IPO funding for manufacturing expansion, working capital and debt repayment is expected to support these business objectives.
Papadmalji Agro Foods IPO Financial Information
A company’s financial performance provides important information about revenue growth, profitability, asset utilisation, borrowings and net worth. Reviewing the company’s historical financial statements helps investors understand changes in its operating performance and financial position.
Papadmalji Agro Foods Financial Summary
| Particulars | FY2023 | FY2024 | FY2025 | Q1 FY2026 |
|---|---|---|---|---|
| Revenue from Operations | ₹24.99 Crore | ₹26.27 Crore | ₹31.75 Crore | ₹8.10 Crore |
| Total Income | ₹25.00 Crore | ₹26.29 Crore | ₹31.76 Crore | ₹8.10 Crore |
| EBITDA | ₹1.59 Crore | ₹3.31 Crore | ₹5.98 Crore | Not Disclosed |
| Profit Before Tax (PBT) | ₹0.25 Crore | ₹2.13 Crore | ₹4.72 Crore | ₹1.81 Crore |
| Profit After Tax (PAT) | ₹0.25 Crore | ₹2.11 Crore | ₹4.72 Crore | ₹1.81 Crore |
| Net Worth | ₹4.10 Crore | ₹6.20 Crore | ₹10.93 Crore | ₹12.74 Crore |
| Total Assets | ₹14.08 Crore | ₹20.07 Crore | ₹25.05 Crore | ₹14.10 Crore |
| Total Borrowings | ₹6.51 Crore | ₹10.28 Crore | ₹8.97 Crore | ₹8.93 Crore |
The company reported revenue from operations of ₹24.99 crore in FY2023, ₹26.27 crore in FY2024 and ₹31.75 crore in FY2025. PAT increased from ₹0.25 crore in FY2023 to ₹2.11 crore in FY2024 and ₹4.72 crore in FY2025.
Net worth also increased from ₹4.10 crore in FY2023 to ₹6.20 crore in FY2024 and ₹10.93 crore in FY2025. For the period ended June 30, 2025, the company reported revenue from operations of ₹8.10 crore and PAT of ₹1.81 crore.
Statement of Assets, Liabilities and Equity
| Particulars | June 30, 2025 | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|
| Share Capital | ₹0.76 Crore | ₹0.76 Crore | ₹0.76 Crore | ₹0.76 Crore |
| Reserves & Surplus | ₹11.98 Crore | ₹10.17 Crore | ₹5.45 Crore | ₹3.34 Crore |
| Total Equity | ₹12.74 Crore | ₹10.93 Crore | ₹6.20 Crore | ₹4.10 Crore |
| Long-Term Borrowings | Not Separately Disclosed | ₹1.69 Crore | ₹2.87 Crore | ₹0.31 Crore |
| Short-Term Borrowings | Not Separately Disclosed | ₹7.15 Crore | ₹7.14 Crore | ₹6.20 Crore |
| Trade Payables | Not Separately Disclosed | ₹4.81 Crore | ₹3.22 Crore | ₹3.02 Crore |
| Total Assets | ₹14.10 Crore | ₹25.05 Crore | ₹20.07 Crore | ₹14.08 Crore |
The company’s net worth increased substantially during FY2023 to FY2025, supported by retained earnings and growth in reserves. Total borrowings were ₹8.97 crore in FY2025 compared with ₹10.28 crore in FY2024.
Statement of Profit and Loss
| Particulars | June 30, 2025 | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|
| Revenue from Operations | ₹8.10 Crore | ₹31.75 Crore | ₹26.27 Crore | ₹24.99 Crore |
| Other Income | ₹0.03 Lakh | ₹0.91 Lakh | ₹1.60 Lakh | ₹1.21 Lakh |
| Total Income | ₹8.10 Crore | ₹31.76 Crore | ₹26.29 Crore | ₹25.00 Crore |
| Operating Profit / EBITDA | Not Disclosed | ₹5.98 Crore | ₹3.31 Crore | ₹1.59 Crore |
| Profit Before Tax | ₹1.81 Crore | ₹4.72 Crore | ₹2.13 Crore | ₹0.25 Crore |
| Profit After Tax | ₹1.81 Crore | ₹4.72 Crore | ₹2.11 Crore | ₹0.25 Crore |
| Basic EPS | ₹2.65 | ₹6.93 | ₹3.09 | ₹0.37 |
The company’s operating performance improved over the reported financial years. Revenue increased by around 20.9% in FY2025, while PAT increased substantially compared with FY2024. The PAT margin increased from approximately 1% in FY2023 to 14.87% in FY2025.
Papadmalji Agro Foods IPO Key Financial Ratios
| KPI | FY2025 |
|---|---|
| Return on Equity (ROE) | 55.15% |
| Return on Capital Employed (ROCE) | 44.51% |
| Return on Net Worth (RONW) | 43.23% |
| EBITDA Margin | 18.84% |
| PAT Margin | 14.88% |
| Debt-to-Equity Ratio | 0.82 |
| Earnings Per Share (EPS) | ₹6.93 |
| Net Asset Value (NAV) Per Share | ₹16.03 |
| Price to Earnings (P/E) | Not Available |
The company reported ROE of 55.15%, ROCE of 44.51% and RONW of 43.23% for FY2025. Its EBITDA margin stood at 18.84%, while PAT margin was 14.88%. The debt-to-equity ratio was 0.82.
Objects of the Papadmalji Agro Foods IPO
The company intends to utilise the net proceeds from the fresh issue for the following purposes:
- Funding capital expenditure towards construction of building, mechanical and electrical works, procurement of plant and machinery and installation of a 250 kW rooftop solar power system for setting up a new manufacturing facility at Bachhasar, Bikaner – ₹7.82 Crore.
- Installation of a 125 kW rooftop solar power system at the existing Garsisar Unit, Bikaner – ₹0.30 Crore.
- Funding incremental working capital requirements of the company – ₹2.81 Crore.
- Repayment or prepayment, in full or in part, of borrowings availed by the company from banks – ₹8.60 Crore.
- General Corporate Purposes.
The proposed capital expenditure is intended to expand the company’s manufacturing infrastructure. The new facility at Bachhasar is expected to include building infrastructure, machinery and a rooftop solar power system.
Papadmalji Agro Foods IPO Listing Performance
The Papadmalji Agro Foods IPO is currently an upcoming issue and its final price, listing date and listing price have not been announced.
| Particular | Value |
|---|---|
| Listing Exchange | NSE Emerge |
| Listing Date | Not Announced |
| Issue Price | Not Announced |
| Listing Price | Not Available |
| Listing Gain | Not Available |
| Listing Gain (%) | Not Available |
The actual listing price and listing performance will be known only after the shares commence trading on NSE Emerge.
Papadmalji Agro Foods IPO Subscription Status
The Papadmalji Agro Foods IPO has not yet opened for subscription. Therefore, category-wise subscription figures are not available.
Papadmalji Agro Foods IPO Subscription
| Investor Category | Subscription |
|---|---|
| Qualified Institutional Buyers (QIB) | Not Available |
| Non-Institutional Investors (NII) | Not Available |
| Retail Individual Investors (RII) | Not Available |
| Employee Category | Not Applicable |
| Total Subscription | Not Available |
The final subscription figures will be available after the IPO bidding period begins.
Papadmalji Agro Foods IPO GMP
The Papadmalji Agro Foods IPO GMP is currently not available as the company has not announced the final IPO price band and the issue has not opened for subscription.
| Date | GMP |
|---|---|
| 24 September 2026 | Not Available |
Grey Market Premium is an unofficial market indicator and is not part of the formal IPO process. GMP figures can change frequently and should not be treated as an assured listing price or guaranteed return.
Papadmalji Agro Foods IPO Review
Papadmalji Agro Foods Limited operates in the packaged food segment with a focus on papads and related traditional food products. The company has a diversified product portfolio covering handmade papads, machine-made papads, rice papads, vrat special papads, moongodi and cereal pellets. It also undertakes white-label manufacturing for third-party brands.
The company has developed a multi-channel distribution network covering general trade, modern trade, quick commerce, direct-to-consumer sales and selected exports. As of June 30, 2025, its general trade network comprised 68 distributors and 25 wholesalers servicing 5,965 retail outlets.
Financially, the company reported growth in revenue and profitability between FY2023 and FY2025. Revenue from operations increased from ₹24.99 crore to ₹31.75 crore, while PAT increased from ₹0.25 crore to ₹4.72 crore during the same period. The company’s net worth also increased from ₹4.10 crore to ₹10.93 crore.
The IPO proceeds are primarily intended for capacity expansion, renewable-energy installations, working capital and debt repayment. However, the business remains exposed to raw material prices, competition in the packaged food market, dependence on regional markets, working capital requirements and the execution of its proposed manufacturing expansion. Investors should evaluate these factors along with the final IPO valuation once the price band is announced.
Papadmalji Agro Foods IPO Strengths
- Established presence in the traditional papad and packaged food segment with manufacturing operations in Bikaner.
- Diversified portfolio covering handmade papads, machine-made papads, rice papads, vrat special papads, moongodi and cereal pellets.
- Multi-channel distribution network covering general trade, modern trade, quick commerce, direct-to-consumer and selected export markets.
- Combination of traditional hand-made production and mechanised manufacturing provides multiple production capabilities.
- Strong growth in revenue, profitability and net worth between FY2023 and FY2025.
- Proposed IPO funding for manufacturing capacity expansion, solar power systems, working capital and debt repayment.
Papadmalji Agro Foods IPO Risk Factors
- The company operates in a competitive packaged food and savoury products market with established organised and regional competitors.
- Its business is significantly connected to the papad and traditional food segment, making product demand and consumer preferences important to its performance.
- The company may be exposed to fluctuations in the prices and availability of raw materials such as pulses, flour, spices and other agricultural inputs.
- Manufacturing expansion at Bachhasar requires timely execution of construction, machinery installation and other project activities.
- The company has significant working capital requirements, particularly due to inventory and trade-related activities.
- A significant portion of the company’s operations and manufacturing presence is concentrated in Bikaner and the Rajasthan region.
Papadmalji Agro Foods IPO Promoters
Papadmalji Agro Foods Limited is promoted by Mr. Jai Agarwal and Mrs. Premlata Agarwal. The promoters have been associated with the company since its establishment and have experience in the food manufacturing and papad business.
Papadmalji Agro Foods IPO Management Team
The company is managed by a team with experience across food manufacturing, business operations, finance and corporate compliance.
| Name | Designation |
|---|---|
| Jai Agarwal | Managing Director |
| Prem Lata Agarwal | Director |
| Priya Mungia | Chief Financial Officer |
| Khushboo Tak Singhal | Company Secretary & Compliance Officer |
Mr. Jai Agarwal serves as the Managing Director, while Mrs. Prem Lata Agarwal serves as a Director. Priya Mungia is the Chief Financial Officer and Khushboo Tak Singhal is the Company Secretary and Compliance Officer.
Papadmalji Agro Foods IPO Registrar Details
The registrar is responsible for processing IPO applications, finalising the basis of allotment, crediting shares to successful applicants, initiating refunds and handling investor-related services.
| Particular | Details |
|---|---|
| Registrar Name | MAS Services Limited |
| Website | https://www.masserv.com |
| IPO Allotment Status | To be available after allotment |
| Email ID | [email protected] |
| Contact Number | +91-11-26387281 to 83 |
MAS Services Limited is the registrar to the Papadmalji Agro Foods IPO.
Papadmalji Agro Foods IPO Lead Manager Details
The Book Running Lead Manager is responsible for managing the IPO process, coordinating regulatory requirements and assisting the company throughout the public issue.
| Particular | Details |
|---|---|
| Lead Manager | Kreo Capital Private Limited |
| Contact Person | Mr. Ayush Parakh |
| [email protected] | |
| Telephone | +91 712-2997550 / +91 712-2997551 |
Kreo Capital Private Limited is the Book Running Lead Manager to the Papadmalji Agro Foods IPO.
Papadmalji Agro Foods Limited Contact Details
| Particular | Details |
|---|---|
| Company Name | Papadmalji Agro Foods Limited |
| Registered Office | Opp. Manav Bharti School, Garsisar, Bikaner, Rajasthan – 334001, India |
| Website | https://www.papadmalji.com |
| Email ID | [email protected] |
| Contact Number | +91 7300071153 |
The company is headquartered in Bikaner, Rajasthan, and operates its food manufacturing activities from the region.
How to Check Papadmalji Agro Foods IPO Allotment Status
Investors can check the Papadmalji Agro Foods IPO allotment status after the basis of allotment is finalised through the registrar’s website or the relevant NSE platform.
Through MAS Services Limited
- Visit the official MAS Services IPO allotment portal.
- Select Papadmalji Agro Foods IPO from the IPO list.
- Choose PAN Number, Application Number, or DP/Client ID.
- Enter the required details.
- Click Submit to view the allotment status.
Through NSE
- Visit the NSE IPO allotment or investor services section.
- Select Papadmalji Agro Foods IPO when the issue becomes available.
- Enter your PAN Number or application details.
- Complete the required verification process.
- Click Search to view the allotment result.
The actual allotment date and listing date will be announced after the company finalises its IPO schedule.
Papadmalji Agro Foods IPO Conclusion
Papadmalji Agro Foods IPO provides an opportunity to participate in an established Bikaner-based food manufacturing company focused primarily on papads and related traditional food products. The company has developed a portfolio of brands and operates through general trade, modern trade, quick commerce, direct-to-consumer and selected export channels.
The company has reported improvement in revenue and profitability between FY2023 and FY2025. Its proposed IPO proceeds are primarily intended for manufacturing capacity expansion, solar power installations, working capital requirements and repayment or prepayment of bank borrowings.
The company’s future performance will depend on its ability to expand manufacturing capacity, strengthen distribution, manage raw material and working capital requirements and compete effectively in the packaged food market.
Investors should evaluate the final price band, valuation, subscription response, financial performance, business expansion plans and risk factors after the company announces the final IPO details before making an investment decision.
Papadmalji Agro Foods IPO FAQs
What is Papadmalji Agro Foods IPO?
Papadmalji Agro Foods IPO is the proposed SME public issue of Papadmalji Agro Foods Limited. The issue comprises a fresh issue of up to 25,74,000 equity shares and an Offer for Sale of up to 2,74,800 equity shares.
What is the price band of Papadmalji Agro Foods IPO?
The price band of Papadmalji Agro Foods IPO has not been announced in the DRHP.
What is the issue size of Papadmalji Agro Foods IPO?
The proposed issue consists of up to 28,48,800 equity shares, including 25,74,000 fresh equity shares and 2,74,800 equity shares through an Offer for Sale.
When will the Papadmalji Agro Foods IPO open?
The IPO opening date has not been announced.
When will the Papadmalji Agro Foods IPO close?
The IPO closing date has not been announced.
What is the lot size of Papadmalji Agro Foods IPO?
The minimum bid lot has not been announced in the DRHP.
What is the minimum investment required for Papadmalji Agro Foods IPO?
The minimum investment cannot be calculated until the company announces the final price band and minimum bid lot.
On which stock exchange will Papadmalji Agro Foods shares be listed?
Papadmalji Agro Foods shares are proposed to be listed on the NSE Emerge platform.
Who is the registrar for Papadmalji Agro Foods IPO?
MAS Services Limited is the registrar to the Papadmalji Agro Foods IPO.
What does Papadmalji Agro Foods Limited do?
Papadmalji Agro Foods Limited manufactures handmade papads, machine-made papads, rice papads, vrat special papads and moongodi. The company also undertakes white-label manufacturing of handmade papads and trades cereal pellets.
What are the objects of Papadmalji Agro Foods IPO?
The fresh issue proceeds are proposed to be used for setting up a new manufacturing facility at Bachhasar, Bikaner, installing rooftop solar power systems, meeting incremental working capital requirements, repaying or prepaying bank borrowings and general corporate purposes.
What is the Papadmalji Agro Foods IPO GMP?
The Papadmalji Agro Foods IPO GMP is currently not available. GMP is an unofficial market indicator and is not part of the formal IPO process.
When is the Papadmalji Agro Foods IPO allotment date?
The allotment date has not been announced.
When will Papadmalji Agro Foods IPO shares be listed?
The proposed listing date has not been announced. The company intends to list its equity shares on NSE Emerge.
