About Papadmalji Agro Foods
FMCG
The company operates two FSSAI-licensed manufacturing units in Bikaner, Rajasthan, with its Garsisar unit certified under ISO 22000:2018. It combines traditional hand-made production with semi-automated and automated processes for dough preparation, sheeting, rolling, cutting, drying and packaging. Its products are distributed through general trade, modern trade, quick-commerce and its direct-to-consumer platform. As of March 31, 2026, the company had a distribution network covering 21 states and 3 Union Territories, with 76 distributors and 30 wholesalers serving 8,710 retail outlets. It also supplies products through an independent merchant exporter to selected Middle Eastern markets and had 118 employees as of March 31, 2026.
IPO_DETAILS_LONG: Papadmalji Agro Foods IPO is a 100% book-built SME issue of 28,03,200 equity shares of face value ₹10 each at a price band of ₹69 to ₹72 per share. The issue comprises a fresh issue of 25,72,800 shares aggregating up to ₹18.52 Cr and an OFS of 2,30,400 shares aggregating up to ₹1.66 Cr at the upper price band. The total issue size is up to ₹20.18 Cr. The IPO opened on September 29, 2026 and closes on October 1, 2026. Allotment is scheduled for October 5, refund and demat credit for October 6, and listing on NSE SME is scheduled for October 7, 2026. The stated market lot is 1,600 shares, while the minimum application is 3,200 shares. The fresh issue proceeds are primarily proposed to fund the new manufacturing facility at Bachhasar, Bikaner and repayment or prepayment of bank borrowings, with the balance for general corporate purposes.