
Emerging SME Services · NSE
Incorporated in April 2015, Baba Food Processing is an agro-food manufacturing company producing a wide range of wheat flour products, including whole wheat atta, maida, tandoori atta and semolina (sooji), catering to both branded consumer markets and bulk buyers. The company operates a manufacturing unit in Nagri, Ranchi and plans to establish another plant in Patna, Bihar. With over 120 employees and annual sales of ₹1900 million, it has built strong strengths such as an extensive distribution network, diverse product range, strong client and supplier relationships, and strict quality assurance and control systems.
Price Band
₹72 – ₹76
Issue Size
₹33.00 Cr
Lot Size
1600 shares
GMP
+13.2%
Est. Listing
₹86
at current GMP
Subscribed
69.50x
overall
Open
3 Nov 2023
Close
7 Nov 2023
Allotment
10 Nov 2023
Refund
11 Nov 2023
Demat Credit
12 Nov 2023
Listing
15 Nov 2023
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹76
Band: ₹72 – ₹76
Estimated Listing Price
₹86
Upper price + GMP
Lot Size
1600 shares
Min investment ₹1,21,600
Estimated Profit / Lot
₹16,000
1600 × ₹10
Grey Market Premium trend
+₹10
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹10 | 13.2% | ₹86 |
| 30 Oct 2026 | +₹10 | 13.2% | ₹86 |
| 29 Oct 2026 | +₹9 | 11.8% | ₹85 |
GMP is unofficial market data. Not a guarantee of listing performance.
Baba Food Processing India Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹33 Crores. The shares are offered at a price band of ₹72 to ₹76 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,21,600 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Mas Services Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-11-12, while un-allotted funds or UPI block mandates will be released on 2023-11-11.
The latest grey market premium for Baba Food Processing India Limited IPO is ₹10, which indicates an expected listing price of ₹86.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.