
Fast Moving Consumer Goods (FMCG) · NSE
Papadmalji Agro Foods Ltd, incorporated in 2017, is engaged in the processing and manufacturing of agro-based food products, with a focus on quality, hygiene and efficient production. The company sources agricultural raw materials and provides services such as food processing, grading, packaging, storage and distribution of processed and value-added food products to wholesalers, retailers and institutional buyers across regional markets. Along with its own manufacturing activities, the company also undertakes white-label manufacturing of handmade papads, where products are manufactured by the company and sold by clients under their own brand names and packaging according to their target markets. Papadmalji Agro Foods focuses on maintaining consistent product quality and supporting an efficient food supply chain while meeting applicable regulatory requirements. As of June 30, 2025, its distribution network included 68 distributors and 25 wholesalers, collectively supplying products to 5,965 retail outlets through the general trade channel.
Price Band
₹69 – ₹72
Issue Size
₹280.32 L Cr
Lot Size
1600 shares
GMP
Est. Listing
₹72
at current GMP
Subscribed
—
Open
29 Sep 2026
Close
1 Oct 2026
Allotment
5 Oct 2026
Refund
6 Oct 2026
Demat Credit
7 Oct 2026
Listing
7 Oct 2026
Designated Registrar: Mas Services Limited
Allotment Date
5 Oct 2026
Basis finalization
Refunds Initiate
6 Oct 2026
Mandate release
Demat Credit
7 Oct 2026
Shares in demat
Listing Debut
7 Oct 2026
Trading begins
Papadmalji Agro Foods Limited is bringing an initial public offering (IPO) in the Fast Moving Consumer Goods (FMCG) sector with an aggregate issue size of ₹28,03,200 Crores. The shares are offered at a price band of ₹69 to ₹72 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,15,200 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 2026-10-07, while un-allotted funds or UPI block mandates will be released on 2026-10-06.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.