NFP Sampoorna Foods Limited is preparing to open its much-awaited SME IPO for public subscription on May 18, 2026. The IPO will close on May 20 and is scheduled to be listed on the NSE SME platform on May 25, according to the latest market updates. The issue is entirely a fresh issue of approximately 44.60 lakh equity shares, with no offer-for-sale component involved in the public offering.
The company has fixed the IPO price band at ₹52 to ₹55 per equity share. Retail investors will need to apply for a minimum lot size of 2,000 shares, translating to a minimum investment requirement of approximately ₹1.10 lakh at the upper price band. Market observers noted that investor interest in SME IPOs has remained strong in recent months, especially in sectors linked to food processing and consumer products.
NFP Sampoorna Foods operates in the dry fruits and food processing segment and is engaged in procurement, import, grading, packaging, processing, and distribution of products such as cashew nuts, almonds, walnuts, and makhana (fox nuts). The company sources raw cashew nuts directly from African farms and processes them into multiple grades for domestic distribution. Industry experts believe the company’s integrated sourcing and processing model gives it a competitive advantage in the organized dry fruits market.
The company has been expanding aggressively over the last two years by diversifying its product portfolio. After entering the makhana segment in 2024, the company added almonds and walnuts to its business portfolio in 2025. Recent reports also highlighted that NFP Sampoorna Foods acquired Yashvardhan Food Industries Private Limited to strengthen its operational scale and improve processing capabilities. Analysts believe this acquisition could help the company improve distribution efficiency and enhance production capacity in the coming years.
Financially, the company has reported strong growth in revenue and profitability. As per the latest available data, NFP Sampoorna Foods posted revenue of around ₹35.76 crore for FY2025 compared to nearly ₹6 crore in FY2024. Profit after tax also increased significantly, reflecting rapid business expansion and rising demand for packaged dry fruits and healthy snack products across India.
According to the company’s offer documents, the IPO proceeds will mainly be used for repayment or prepayment of existing borrowings, funding working capital requirements, and supporting general corporate purposes. Nearly ₹9.5 crore from the issue proceeds is expected to be utilized for debt reduction, while around ₹7.25 crore has been allocated toward working capital requirements. Market analysts believe the reduction in debt could strengthen the company’s balance sheet and improve future margins.
The IPO has attracted attention because of the growing demand for healthy packaged food products in India. Industry reports suggest the organized dry fruits market is witnessing rapid growth due to increasing health awareness, rising disposable income, and expansion of e-commerce grocery platforms. Analysts also noted that branded makhana and dry fruit snacks are becoming increasingly popular among urban consumers, creating long-term growth opportunities for companies operating in this segment.
However, market experts have also pointed out certain risks associated with the business. Fluctuations in raw material prices, dependence on imports for cashew procurement, and increasing competition in the packaged food industry remain important factors investors may monitor closely after the listing. Despite these concerns, investor sentiment toward the IPO remains positive because of the company’s rapid revenue growth and expanding product portfolio.
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