Papadmalji Agro Foods IPO GMP today is Rs 0.3. Investors can use this GMP along with price band and subscription status for a better IPO review.
Listed
SME IPO
PAPADMALJI
Papadmalji Agro Foods IPO GMP, Subscription & Allotment Status Today
Papadmalji Agro Foods engages in the manufacturing of handmade papads, machine-made papads, rice papads, vrat special papads, and moongodi, along with the trading of cereal pellets. The company also carries out white-label manufacturing of handmade papads, producing goods that clients market under their respective brand names and tailored packaging. Revenue is primarily generated through product sales under its key core brands, including Vishal, Zhakaas, and Rozana, alongside direct-to-consumer sales under the Papadmalji brand. Products are distributed across multiple sales channels, such as general trade, modern trade, quick commerce, direct-to-consumer platforms, and sales to merchant exporters for selected Middle Eastern markets. Operations are based out of manufacturing units and facilities situated in Bikaner, Rajasthan. For handmade papad production, the business utilizes a decentralized operational system involving contractors and home-based women workers who perform hand rolling according to prescribed quality specifications before final inspection.
- Price Band
- ₹69.00 - ₹72.00
- Lot Size
- 1,600 Shares
- Bidding Closes
- 01 Oct 2026
- Listing Date
- 07 Oct 2026
Current GMP Status
₹0.3
+0.42% vs upper band
Est. Listing Gain
+0.42%
Last Trend
05 Oct 2026
Listing Price
₹72.30
Retail Entry
₹2,30,400
IPO Details
Complete IPO information
| Current GMP | ₹0.3 |
|---|---|
| Estimated Listing Gain | +0.42% |
| Price Band | ₹69.00 - ₹72.00 |
| Issue Price | Approx ₹20.18 Crores |
| Listing Price | ₹72.30 |
| Lot Size | 1,600 Shares |
| Issue Type | SME |
| Registrar | MAS Services Ltd. |
| Exchange | NSE SME |
| Retail Quota | TBA |
| Overall Subscription | 2.54x |
| Listing Date | 07 Oct 2026 |
| Minimum Investment | ₹2,30,400 |
Demand Tracker
Subscription Status
| Category | Shares Reserved | Shares Applied | Subscription (x) |
|---|---|---|---|
| QIB | 0.32 | 27.79 | 86.85x |
| NII | 7.87 | 10.37 | 1.32x |
| Retail | 18.40 | 29.28 | 1.59x |
| Overall Subscription | 26.59 | 67.44 | 2.54x |
Day-wise demand
Papadmalji Agro Foods IPO subscription status day-wise
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 2 (30 Sept) | 86.65x | 0.32x | 0.8x | 1.69x |
| Day 3 (01 Oct) | 86.85x | 1.32x | 1.59x | 2.54x |
Subscription in times (x) at the end of each bidding day. Today's row updates through the day.
Company data
{Papadmalji Agro Foods}: financials, valuation & listing
Listing details
| Listing date | 07 Oct 2026 |
|---|---|
| NSE symbol | PAPADMALJI |
| ISIN | INE1V7901010 |
| Offer price | ₹69 – ₹72 |
| Face value | ₹10 |
| Listing price | ₹72.30 |
Valuation
| Return on equity (ROE) | -% |
|---|---|
| Return on capital employed (ROCE) | -% |
| EBITDA margin | -% |
| PAT margin | -% |
| EPS | 6.93 (Basic) |
| P/E ratio | N/A |
| Return on net worth | 43.23% |
| NAV per share | 16.03 |
Financial history
| Period | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | 25.00 Cr. | 24.76 Cr. | 0.25 Cr. | 26.86 Cr. |
| 2024 | 26.29 Cr. | 24.16 Cr. | 2.11 Cr. | 25.05 Cr. |
| 2025 | 31.76 Cr. | 27.04 Cr. | 4.72 Cr. | 20.07 Cr. |
| June 2025 | 8.10 Cr. | 6.04 Cr. | 1.81 Cr. | 14.10 Cr. |
Peer comparison
| Company | Income | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|---|
| Homesfy Realty Limited | 41.97 Cr. | (63.50) | NA | (68.98)% | 92.06 |
Use of proceeds
| Purpose | Amount (₹ crore) |
|---|---|
| Capital expenditure for setting up a new manufacturing facility at Bikaner | 7.9 (42.66%) |
| Repayment / pre-payment of borrowings | 5.8 (31.32%) |
| General Corporate Purposes | 4.82 (26.02%) |
Key dates
| UPI mandate deadline | 01 Oct 2026 |
|---|---|
| Allotment finalised | 05 Oct 2026 |
| Refund initiation | 06 Oct 2026 |
| Shares credited | 06 Oct 2026 |
| Mandate end date | 16 Oct 2026 |
| Anchor lock-in ends (50%) | 03 Nov 2026 |
| Anchor lock-in ends (remaining) | 02 Jan 2027 |
Grey Market Premium (GMP) data is entirely unofficial and speculative, and is influenced by market sentiment, demand and supply for IPO shares, and market rumors. While GMP can provide an indication of the expected IPO listing price, it may not always be accurate and does not guarantee the actual listing price.
Head-to-head
Compare Papadmalji Agro Foods IPO with similar IPOs
Analysis
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Papadmalji Agro Foods is priced at ₹72 per share. With a minimum lot size of 1,600 shares, a retail investor applying for one lot would need approximately ₹2,30,400 to participate in this SME issue.
The latest recorded Grey Market Premium for Papadmalji Agro Foods stands at ₹0.3, implying an estimated listing gain of around 0.42% over the issue price if it holds until listing. This is down ₹48 from its previously recorded level. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, Papadmalji Agro Foods's IPO was subscribed 2.54x overall, with a category-wise breakdown of Retail 1.59x, QIB 86.85x, NII 1.32x.
SME IPOs list on the dedicated SME platform of BSE/NSE. They usually involve smaller issue sizes and a higher per-lot investment than Mainboard issues, with comparatively lower institutional participation.
Timeline
IPO roadmap at a glance
✓
Bidding Opens
29 Sept 2026
✓
Bidding Closes
01 Oct 2026
✓
Allotment
05 Oct 2026
✓
Listing
07 Oct 2026
Grey Market Premium
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 05 Oct 2026 | ₹0.00 | -₹48.00 | TBA |
| 01 Oct 2026 | ₹48.00 | +₹10.00 | 24.37% |
| 30 Sept 2026 | ₹38.00 | - | 19.29% |
Swipe to see more →
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lot | 3,200 | ₹2,30,400 |
| Retail Maximum | 2 Lot | 3,200 | ₹2,30,400 |
| S-HNI Minimum | 3 Lot | 4,800 | ₹3,45,600 |
| S-HNI Maximum | 8 Lot | 12,800 | ₹9,21,600 |
| B-HNI Minimum | 9 Lot | 14,400 | ₹10,36,800 |
Swipe to see more →
Fund Utilization
Objects of the Issue & Official Documents
Analysis
Papadmalji Agro Foods IPO Details
Papadmalji Agro Foods IPO is a book building issue with an issue size of Approx ₹20.18 Crores. The IPO comprises a fresh issue of Approx ₹18.52 Crores and is proposed to be listed on the NSE SME. The IPO price band is set at ₹69 – ₹72 per equity share.
| Particular | Details |
|---|---|
| IPO Open Date | 29 Sept 2026 |
| IPO Close Date | 01 Oct 2026 |
| IPO Price Band | ₹69 – ₹72 |
| Issue Size | Approx ₹20.18 Crores |
| Fresh Issue | Approx ₹18.52 Crores |
| Issue Type | SME |
| IPO Listing | NSE SME |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
Note: The above Papadmalji Agro Foods IPO details are based on the information provided for the issue.
Analysis
Papadmalji Agro Foods IPO Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 29 Sept 2026 |
| IPO Close Date | 01 Oct 2026 |
| Basis of Allotment | 05 Oct 2026 |
| Refunds | 06 Oct 2026 |
| Credit to Demat Account | 06 Oct 2026 |
| IPO Listing Date | 07 Oct 2026 |
Note: The timeline for Papadmalji Agro Foods IPO is tentative and subject to change.
Analysis
Papadmalji Agro Foods Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
|---|---|
| Capital expenditure for setting up a new manufacturing facility at Bikaner | 7.9 (42.66%) |
| Repayment / pre-payment of borrowings | 5.8 (31.32%) |
| General Corporate Purposes | 4.82 (26.02%) |
Note: Objectives are as specified in the DRHP/RHP documents of Papadmalji Agro Foods.
Analysis
Papadmalji Agro Foods Company Financials
| Period | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | 25.00 Cr. | 24.76 Cr. | 0.25 Cr. | 26.86 Cr. |
| 2024 | 26.29 Cr. | 24.16 Cr. | 2.11 Cr. | 25.05 Cr. |
| 2025 | 31.76 Cr. | 27.04 Cr. | 4.72 Cr. | 20.07 Cr. |
| June 2025 | 8.10 Cr. | 6.04 Cr. | 1.81 Cr. | 14.10 Cr. |
Note: Financial numbers for Papadmalji Agro Foods are in ₹ Crores unless stated otherwise.
Analysis
Papadmalji Agro Foods Company Valuation – FY2026
| KPI | Values |
|---|---|
| ROE | -% |
| ROCE | -% |
| EBITDA Margin | -% |
| PAT Margin | -% |
| Debt to Equity Ratio | – |
| Earning Per Share (EPS) | 6.93 (Basic) |
| Price/Earning P/E Ratio | - |
| Return on Net Worth (RoNW) | 43.23% |
| Net Asset Value (NAV) | 16.03 |
Note: Valuation KPIs for Papadmalji Agro Foods are computed for FY2026.
Analysis
Papadmalji Agro Foods IPO Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Homesfy Realty Limited | (63.50) | NA | (68.98)% | 92.06 | 41.97 Cr. |
Note: Peer group comparisons for Papadmalji Agro Foods are sourced from DRHP filings.
FAQ
Papadmalji Agro Foods IPO FAQs
Papadmalji Agro Foods IPO price band is Rs 69.00 to Rs 72.00. Check the latest issue price, lot size and GMP together before applying.
Papadmalji Agro Foods IPO open date is 29 Sept 2026, close date is 01 Oct 2026, and listing date is 07 Oct 2026.
Papadmalji Agro Foods IPO lot size is 1,600 shares. The minimum retail investment is Rs 2,30,400.
Papadmalji Agro Foods is classified as a SME IPO. This helps investors quickly understand the issue category and exchange segment.
Papadmalji Agro Foods IPO subscription status currently shows Retail 1.59x, QIB 86.85x, NII 1.32x, Overall 2.54x.
Papadmalji Agro Foods engages in the manufacturing of handmade papads, machine-made papads, rice papads, vrat special papads, and moongodi, along with the trading of cereal pellets. The company also carries out white-label manufacturing of handmade papads, producing goods that clients market under their respective brand names and tailored packaging. Revenue is primarily generated through product sales under its key core brands, including Vishal, Zhakaas, and Rozana, alongside direct-to-consumer sales under the Papadmalji brand. Products are distributed across multiple sales channels, such as general trade, modern trade, quick commerce, direct-to-consumer platforms, and sales to merchant exporters for selected Middle Eastern markets. Operations are based out of manufacturing units and facilities situated in Bikaner, Rajasthan. For handmade papad production, the business utilizes a decentralized operational system involving contractors and home-based women workers who perform hand rolling according to prescribed quality specifications before final inspection.
Papadmalji Agro Foods IPO issue size is TBA and the expected allotment date is 05 Oct 2026.
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