Upcoming IPO

NFP Sampoorna Foods IPO: Dry Fruit Specialist Sets Price Band at ₹52–₹55; Public Issue Opens Jan 27

NFP Sampoorna Foods IPO: Dry Fruit Specialist Sets Price Band at ₹52–₹55; Public Issue Opens Jan 27

NFP Sampoorna Foods (formerly a partnership firm converted into a public company in late 2023) has finalized its IPO pricing at ₹52 to ₹55 per share. The issue is entirely a fresh issue of 44.60 lakh shares, meaning all proceeds will flow into the company for growth rather than going to exiting shareholders.

The company operates an integrated processing facility in Rajasthan and has built a strong brand presence under the name "Sampoorna Nuts." It leverages a multi-channel distribution model, selling via traditional B2B wholesalers and high-growth B2C platforms like Amazon, Flipkart, and Blinkit.

Financially, the company has seen a massive scale-up. Revenue jumped from ₹16.75 crore in FY23 to ₹35.76 crore in FY25, while its Profit After Tax (PAT) rose from ₹0.41 crore to ₹2.67 crore in the same period. For the current fiscal (8M FY26), it has already reported a PAT of ₹3.49 crore, signaling continued margin expansion.

As of today, Thursday, January 22, 2026, the Grey Market Premium (GMP) is currently at ₹0. While the grey market is quiet, analysts are watching for the Anchor Investor bidding scheduled for tomorrow, January 23, which will serve as a key indicator of institutional interest.


Key IPO Details & Timetable

Feature Details
Price Band ₹52 – ₹55 per share
Lot Size 2,000 Shares (Min. Investment ₹2,20,000 for 2 Lots*)
Total Issue Size ₹24.53 Crore
Listing Platform NSE SME (Emerge)
Anchor Bidding January 23, 2026 (Tomorrow)
Open Date January 27, 2026 (Tuesday)
Close Date January 29, 2026
Basis of Allotment January 30, 2026
Tentative Listing February 3, 2026

*Note: The minimum retail application for this issue is 2 lots (4,000 shares).


Important Note for Investors

  • Financial Efficiency: The company reports a very high Return on Equity (ROE) of 34.82% and a ROCE of 40.90%, which suggests the management is highly effective at generating returns on its invested capital.

  • Utilization of Funds: The company plans to use the majority of the funds for working capital (₹7.25 crore) and debt repayment (₹9.50 crore). Reducing debt will help improve its interest coverage ratio and bottom-line profitability.

  • Aggressive Valuation: Based on FY25 earnings, the P/E ratio is around 25.94x. However, if the "super earnings" of the first 8 months of FY26 are annualized, the P/E drops to a more attractive 13.29x. Investors must decide if this recent profit surge is sustainable or a pre-IPO peak.

  • Supply Chain Risks: The company is heavily dependent on raw cashew imports from African countries. Any disruption in global trade or significant currency fluctuations could impact their raw material costs and margins.