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Papadmalji Agro Foods Ltd.

SMEBSE
Upcoming IPOOpens on 29 Sept 2026

₹69–72

₹ 20 Cr

3200 Shares

₹ 2,20,800

₹10

Financial Summary

Standalone(in ₹ million)
ParticularsFY 2024-25FY 2023-24
3,175.092,627.2
0.911.59
3,1762,628.79
2,576.862,296.56
471.93213.24
472.44210.76

Subscription Details

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IPO Timeline

IPO Offer Start

29 Sept 2026

IPO Offer Ends

1 Oct 2026

TBA

About the Company

Our Company, headquartered in Bikaner, Rajasthan, is an ISO 22000:2018 certified enterprise engaged in the inhouse manufacturing of: • Hand-Made Papads, • Machine-Made Papads, • Rice Papads (Khichiya), • Vrat Special Papads, and • Moongodi. In addition to in-house manufacturing, we also undertake white label manufacturing of Handmade Papads for clients, wherein products are produced by the Company and marketed by clients under their respective brand names and packaging, tailored to their target market. This combination of in-house and white label manufacturing enables the Company to leverage its production, optimize capacity utilization, diversify revenue streams and maintain consistent demand. At the same time, clients benefit by expanding their product portfolio without investing in manufacturing infrastructure, strengthening brand presence and ensuring product quality and reliability. Furthermore, the Company is engaged in the trading of Cereal Pellets where these products are sourced and traded by the Company under its own brand, complementing its manufacturing operations and providing an additional revenue stream. While handmade papads continue to represent a significant share of our revenue, we have invested in machinebased production to enhance scalability, consistency, and hygiene standards. Our facilities are equipped with semiautomated and automated machinery for dough preparation, sheeting, rolling, cutting, drying and packaging. The combination of traditional and mechanized methods enables us to balance scale with heritage-based production. At the heart of our identity lies a diverse portfolio of brands – “Zhakaas”, “Vishal”, “Rozana”, “Diamond”, and “Papadmalji” – each crafted to cater to the delicious tastes and lifestyles of our consumers. “Zhakaas” brings variety with rice papads (khichiya), vrat special papads, ready-to-fry options, cereal pellets, and Moongodi, reaching households through General Trade, Modern Trade channels, Q-commerce platform and Merchant Exporter. “Vishal”, steeped in tradition, offers hand-made papads that capture the authentic flavors and timehonoured recipes cherished by families, distributed through General Trade and Merchant Exporter. For everyday convenience, “Rozana” delivers machine-made papads with consistent crispiness, available across Modern Trade and Q-commerce. “Diamond” continues our journey of authenticity with hand-made papads, reaching select General Trade customers outside Vishal’s footprint. Further, “Papadmalji” stands as our flagship Direct-toConsumer brand, offering hand-made papads that embody authenticity, heritage, and the timeless joy of crispy indulgence distributed exclusively through our own platform. Together, these brands ensure that every consumer finds the perfect papad for their moments, from everyday meals to festive celebrations.

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The Papadmalji Agro Foods Ltd. IPO has a total of ₹20 crore, calculated at the upper end of the .