
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
Bidding for Papadmalji Agro Foods Limited opens on 2026-09-29 and closes on 2026-10-01. Live order book feeds and subscription metrics will update in real time once bids commence.
Pre-allocated share reservations across investor segments
| Investor Category | Shares Reserved | % Allocation | Min Application (₹) |
|---|---|---|---|
| Qualified Institutional Buyers (QIB) | 194,666,666,667 | 50% | ₹115,200 |
| Non-Institutional Investors (NII/HNI) | 58,400,000,000 | 15% | ₹1,612,800 |
| Retail Individual Investors (RII) | 136,266,666,667 | 35% | ₹115,200 |
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.
The Papadmalji Agro Foods Limited 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.