
Consumer Staples · NSE
Traditional Food Products Manufacturer: Papadmalji Agro Foods Ltd. is a food-processing company based in Bikaner, Rajasthan, primarily engaged in manufacturing and marketing papads and other traditional Indian food products. Its product portfolio includes different varieties of papads, rice papads, vrat-special products, moongodi and cereal-based products, serving both everyday consumption and traditional food segments. Combination of Traditional & Modern Manufacturing: The company operates manufacturing facilities in Bikaner and follows a combination of traditional handmade production and mechanised manufacturing. Its products are marketed under brands such as Zhakaas, Vishal, Rozana, Diamond and Papadmalji, allowing the company to target different consumer segments and price points. Growing Distribution & Market Presence: The company has developed a multi-channel distribution network covering general trade, modern trade, quick commerce, D2C and export markets. Its products have expanded across multiple Indian states, while the company is also focusing on increasing manufacturing capacity and strengthening its market reach.
Price Band
₹69 – ₹72
Issue Size
₹280.32 L Cr
Lot Size
1600 shares
GMP
Est. Listing
₹72
at current GMP
Subscribed
2.54x
overall
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 is bringing an initial public offering (IPO) in the Consumer Staples 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, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2026-10-01, the basis of allotment is scheduled to be finalized on 2026-10-05. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Mas Services Limited) or the BSE allotment checking window.
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.