IPO

IPO Synopsis

Papadmalji Agro Foods Ltd
Registered Office: Opp.Manav Bharti School,Garsisar , Bikaner - 334001 , Rajasthan , India.
Phone : +91 89258 99652   Fax:
Email :  cs@papadmalji.com  
Website :  www.papadmalji.com
Initial public offer of upto 28,03,200 equity shares of face value of Rs10/- each ("Equity Shares") of Papadmalji Agro Foods Limited ("the Company") for cash at a price of Rs69-72 per equity share (including share premium of Rs59-62 per equity share) ("Offer Price"), aggregating up to Rs19.34-20.18 Crores comprising a fresh issue of upto 25,72,800 equity shares aggregating up to Rs17.75-18.52 Crores by the company (the "Fresh Offer") and an offer for sale of upto 2,30,400 equity shares aggregating up to Rs1.59-1.66 Crores by India Customer InsightFund (the "selling shareholder" or the "Investor Selling Shareholder") (the "Offered Shares") (the "Offer For Sale" and together with the fresh issue, the "Offer") of which upto 1,44,000 equity shares aggregating to Rs0.99-1.04 Crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The offer less market maker reservation portion i.e. net offer of upto 26,59,200 equity shares at an offer price of Rs69-72 per equity share aggregating up to Rs18.35-19.15 Crores is hereinafter referred to as the "Net Offer". The offer and net offer will constitute 29.85% and 28.31%, respectively of the post- offer paid-up equity share capital of the company. Price Band: Rs69/- to Rs72/- per equity share of face value of Rs10/- each. The floor price and the cap price are 6.90 times and 7.20 times of the face value of the equity shares, respectively. Bids can be made for a minimum of 3,200 equity shares of face value of Rs10/- each and in multiples of 1,600 equity shares thereafter.
Issue Money Payable On
Opens On Closes On Application Allotment
29-Sep-26 01-Oct-26 Rs 69.00-72.00 Rs 0.00-0.00
Minimum Application for shares in Nos :3200  Further Multiples of :1600
  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
Kreo Capital Private Limited
Project Financed through Current Offer 19.34
Post Issue Equity Share Capital 0.00
Issue Price Rs 69.00
Projects
Funding the capital expenditure towards construction of building, mechanical and electrical works and procurement of plant and machinery Repayment or prepayment, in full or in part, of borrowings availed by its Company from banks
Installation of 125 kW Rooftop Solar Power System at existing Garsisar Unit, Bikaner General corporate purposes
Funding incremental working capital requirements of the Company
Promoted By Listing At Registrar to the Issue
  Jai Agarwal
  Premlata Agarwal
  Aanya Agarwal
 NSE - SME
 Mas Services Limited
Friday, September 25, 2026 10:51:00 AM
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