Papadmalji Agro IPO Description – Papadmalji Agro operates in the packaged food segment, primarily engaged in the manufacturing and distribution of papads and related products. It offers a diversified portfolio including handmade papads, machine-made papads, rice papads (khichiya), vrat-special variants, and moongodi, supported by both in-house manufacturing and white-label production capabilities.
Manufacturing operations are based in Bikaner, Rajasthan, with two FSSAI-licensed facilities, including one ISO 22000:2018-certified unit. The company follows a hybrid production model—combining traditional hand-made papad production through the Batara–Batari system with semi-automated and automated processes to enhance scalability, consistency, and hygiene standards. Raw materials such as pulses and spices are primarily sourced domestically, ensuring supply stability. Its products are marketed under multiple brands, including “Zhakaas”, “Vishal”, “Rozana”, “Diamond”, and “Papadmalji”, catering to diverse customer segments. Distribution is well diversified across general trade, modern retail, quick commerce platforms, and direct-to-consumer channels, with presence across 20 states and 2 Union Territories, along with exports to the Middle East.
Promoters of Papadmalji Agro – Mr. Jai Agarwal, and Mrs. Prem Lata Agarwal
Papadmalji Agro IPO Details
| Papadmalji Agro IPO Dates | Coming soon |
| Papadmalji Agro Issue Price | Coming soon |
| Fresh Issue | 25,74,000 shares |
| Offer For Sale | 2,74,800 shares |
| Total IPO Size | 28,48,800 shares |
| Minimum Bid | Coming soon |
| Lot Size | Coming soon |
| Pre-issue Shares | 68,19,588 shares |
| Face Value | INR 10 per share |
| Listing On | NSE Emerge |
Papadmalji Agro IPO Category Allocation
Papadmalji Agro Financial Performance
| FY 2023 | FY 2024 | FY 2025 | Q1 FY 2026 | |
| Revenue | 24.99 | 26.27 | 31.75 | 8.10 |
| Expenses | 24.76 | 24.16 | 27.04 | 6.04 |
| Net Income | 0.25 | 2.11 | 4.72 | 1.81 |
| Margin (%) | 1.00 | 8.03 | 14.87 | 22.35 |
Papadmalji Agro Offer News
Papadmalji Agro Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | |
| EPS | 0.37 | 3.09 | 6.93 |
| PE Ratio | – | – | – |
| Price/Book Ratio | – | – | – |
| Price/Sales Ratio | – | – | – |
| Current Ratio | 1.04 | 1.48 | 1.72 |
| RONW (%) | 6.20 | 33.97 | 43.23 |
| NAV | 6.01 | 9.10 | 16.03 |
| ROCE (%) | 20.30 | 32.26 | 44.51 |
| EBITDA (%) | 6.38 | 12.58 | 18.84 |
| Debt/Equity | 1.59 | 1.66 | 0.82 |
Evaluate the quality of an IPO using these essential investing ratios to make an informed decision.
Papadmalji Agro IPO Anchor Investors
Papadmalji Agro raises () from anchor investors. Papadmalji Agro Anchor bid date is ().
| Bid Date | Coming soon |
| Shares Offered | Coming soon |
| Anchor Portion (INR Cr.) | Coming soon |
| Anchor lock-in period end date for 50% shares (30 Days) | Coming soon |
| Anchor lock-in period end date for remaining shares (90 Days) | Coming soon |
Papadmalji Agro Offer Objectives
The company proposes to utilize net proceeds from the issue towards the following objects:
- Funding the capital expenditure towards construction of building, mechanical and electrical works and procurement of plant and machinery and installation of 250 kW Rooftop Solar Power System for setting up a new manufacturing facility at Bachhasar, Bikaner – INR 7.82 crore
- Installation of 125 kW Rooftop Solar Power System at existing Garsisar Unit, Bikaner – INR 0.31 crore
- Funding incremental working capital requirements of the company – INR 2.81 crore
- Repayment or prepayment, in full or in part, of borrowings availed by the company from banks – INR 8.60 crore
- General corporate purpose
Papadmalji Agro IPO GMP Today
Papadmalji Agro IPO Subscription – Live Updates
Coming soon
The market maker reservation portion of () shares and the anchor investor portion of () shares are not included in the above calculations.
Papadmalji Agro IPO Allotment Status
You can check Papadmalji Agro IPO allotment status on the MAS Services website. Click on this link to get the allotment status. Often not getting IPO allotment? Learn how to improve your IPO allotment chances.
Papadmalji Agro IPO Dates & Listing Performance
| IPO Opening Date | Coming soon |
| IPO Closing Date | Coming soon |
| Finalization of Basis of Allotment | Coming soon |
| Initiation of refunds | Coming soon |
| Transfer of shares to demat accounts | Coming soon |
| IPO Listing Date | Coming soon |
| Opening Price on NSE Emerge | Coming soon |
| Closing Price on NSE Emerge | Coming soon |
Papadmalji Agro Offer Lead Manager
KREO CAPITAL PRIVATE LIMITED
2nd Floor, VCA Complex, Near Gate No. 08,
Civil Lines, Sadar Bazar, Nagpur – 440001
Phone: 0712-2997550/ 0712-2997551
Email: [email protected]
Website: www.kreocapital.com
Papadmalji Agro Offer Registrar
MAS SERVICES LIMITED
T-34, 2nd Floor, Okhla Industrial Area,
Phase-II, New Delhi- 110020
Tel: 011 2638 7281-83
E-mail: [email protected]
Website: www.masserv.com
PAPADMALJI AGRO FOODS LIMITED
Opp. Manav Bharti School, Garsisar,
Bikaner, Rajasthan, India – 334001
Phone: +91 7300071153
E-mail: [email protected]
Website: www.papadmalji.com
IPO Resources
What is the Papadmalji Agro offer size?
Papadmalji Agro offer size is INR NA crores.
What is the Papadmalji Agro offer price band?
Papadmalji Agro public offer price is INR NA per share.
What is the lot size of the Papadmalji Agro IPO?
Papadmalji Agro offer lot size is NA shares.
What is the Papadmalji Agro IPO GMP today?
Papadmalji Agro IPO GMP today is INR NA per share.
What is the Papadmalji Agro IPO Subject to Sauda rate today?
Papadmalji Agro Subject to Sauda rate today is INR NA per application.
Krishna comes from a family of investors and financial analysts, She learnt wading through regulatory filings pretty early in her career. She has several years of experience in financial and industry analysis under her belt. At IPO Central, Krishna plays twin roles of Contributor and Head of research desk.
