Papadmalji Agro Foods Ltd.
SMENSE₹69–72
₹ 20 Cr
3200 Shares
₹ 2,20,800
₹10
Financial Summary
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| 3,353.48 | 3,175.09 | |
| 0.04 | 0.91 | |
| 3,353.52 | 3,176 | |
| 2,509.73 | 2,576.86 | |
| 724.22 | 471.93 | |
| 521.26 | 472.44 |
Subscription Details
IPO Timeline
IPO Offer Start
29 Sept 2026
IPO Offer Ends
1 Oct 2026
7 Oct 2026
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 1 | Funding the capital expenditure towards construction of | 79 |
| 2 | Repayment or prepayment, in full or in part, of borrowings | 58 |
Promoters
Book Running Lead Managers
Promoter Shareholding
Pre-IPO
60.98%
Promoter stake
Post-IPO
44.28%
Promoter stake
Offered to Public
28,03,200
shares
Post Share Capital
41,59,017
shares
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.
Use of Proceeds
1. Funding the capital expenditure towards construction of building, mechanical and electrical works and procurement of plant and machinery and installation of 250 kW Rooftop Solar Power System for setting up a new manufacturing facility at Bachhasar, Bikaner. 2. Repayment or prepayment, in full or in part, of borrowings availed by our Company from banks, and 3. General Corporate Purpose
Papadmalji Agro Foods Ltd. Latest News
IPO FAQs
The Papadmalji Agro Foods Ltd. IPO has a total of ₹20 crore, calculated at the upper end of the .
The Papadmalji Agro Foods Ltd. IPO is priced at ₹69–72 per share. bids must fall within this , against a of ₹10 per share.
The for the Papadmalji Agro Foods Ltd. IPO is 3,200 shares, which is also the minimum order quantity — you have to apply for at least 3,200 shares, and in multiples of 3,200 beyond that.
The minimum investment in the Papadmalji Agro Foods Ltd. IPO is about ₹2,20,800 — one lot of 3,200 shares, calculated at the lower end of the .
Bidding at the cut-off or upper price raises the amount blocked in your account.
The Papadmalji Agro Foods Ltd. opens on 29 Sept 2026 and closes on 1 Oct 2026.
Applications have to be in before 5:00 PM IST on the closing day, and your UPI mandate needs to be approved by then as well.
Papadmalji Agro Foods Ltd. shares were listed on 7 Oct 2026 on NSE.
MAS Services Ltd is the for the Papadmalji Agro Foods Ltd. IPO.
The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them — phone 011-26104142/4326/4292 and email info@masserv.com.
Papadmalji Agro Foods Ltd. IPO shares are listed on NSE.
Each Papadmalji Agro Foods Ltd. share has a of ₹10.
Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.
held 60.98% of Papadmalji Agro Foods Ltd. before the IPO, which falls to 44.28% after the issue.
28,03,200 shares of Papadmalji Agro Foods Ltd. are being offered to the public in this issue.
- 1.Funding the capital expenditure towards construction of building, mechanical and electrical works and procurement of plant and machinery and installation of 250 kW Rooftop Solar Power System for setting up a new manufacturing facility at Bachhasar, Bikaner
- 2.Repayment or prepayment, in full or in part, of borrowings availed by our Company from banks
- 3.General Corporate Purpose
KREO Capital Pvt Ltd. is the book running lead manager for the Papadmalji Agro Foods Ltd. IPO.
Pre-apply means placing your Papadmalji Agro Foods Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.
Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.
You can apply in the Papadmalji Agro Foods Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.
Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.
Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.
You can check the Papadmalji Agro Foods Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.