
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
Overall Subscription
2.54x
Total Demand
QIB Multiplier
86.85x
Institutions & Funds
NII / HNI
1.32x
High Net-Worth
Retail (RII)
1.59x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 32,000 | 2,779,200 | 86.85x |
| NIB | 787,200 | 1,036,800 | 1.32x |
| HNIs(10L +) | 523,200 | 867,200 | 1.66x |
| HNIs (2-10L) | 264,000 | 169,600 | 0.64x |
| RETAIL | 1,840,000 | 2,928,000 | 1.59x |
| Total | 3,446,400 | 7,780,800 | 2.54x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| HNIs(10L +) | 109 | 9 | 0.08x |
| HNIs(10L +) | 55 | 30 | 0.55x |
| RETAIL | 575 | 915 | 1.59x |
| Total Applications | 739 | 954 | 1.29x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The Papadmalji Agro Foods IPO aggregate issue size is ₹28,03,200 Crores with an equity price band set at ₹69 to ₹72 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,15,200.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
The basis of allotment will be published on the official registrar portal (Mas Services Limited) and the BSE status verification website on or around 2026-10-05.