Papadmalji Agro Foods IPO

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Papadmalji Agro Foods IPO Details

  • Bidding Date

    29-Sep-2026 to
    01-Oct-2026

  • Issue Size

    ₹20.18 Cr

  • Price Band

    ₹69 to ₹72

  • Allotment date

    05-Oct-2026

  • Listing date

    To be updated

  • Lot size

    1600

  • No. of shares

    28,03,200

  • Fresh issue/OFS

    ₹18.52 Cr/₹1.66 Cr

About Papadmalji Agro Foods Company

Papadmalji Agro Foods, incorporated in December 2017, builds on the founders’ earlier Vishal Namkeen Bhandar business established in 1962 and has evolved from handmade papad production into a branded, multi-channel traditional-snacks company. Its core business is the manufacture and marketing of handmade and machine-made papads, ready-to-fry papads, rice papads or khichiya, vrat-special papads and moongodi, supplemented by trading cereal pellets and providing white-label handmade-papad production. The company’s expertise lies in traditional recipe development, flavour and format innovation, hygienic processing, packaging, quality control and production scaling, supported by ISO 22000:2018 certification. Products are marketed under the Zhakaas, Vishal, Rozana, Diamond and Papadmalji brands, enabling the company to serve everyday-consumption, regional-taste, fasting and value-oriented segments. Important customers include distributors, wholesalers, retailers, modern-trade chains, quick-commerce platforms, merchant exporters, institutional buyers and direct consumers through its own website, with products reaching 21 states and three Union Territories. Papadmalji Agro Foods engages customers through a mix of general trade, organised retail, digital commerce, direct sales and custom or private-label supply, combining traditional preparation with standardised manufacturing to address consumer demand for convenient, consistent and culturally familiar snack products while managing shelf life, quality, regional preferences and distribution reach.

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FAQs for Papadmalji Agro Foods IPO.

The issue size of Papadmalji Agro Foods is ₹20.18 Cr.

Papadmalji Agro Foods falls into Food Processing industry.

The open and close dates for the Papadmalji Agro Foods are 29-Sep-2026 & 01-Oct-2026.

The price band for the Papadmalji Agro Foods ipo is ₹69 to ₹72

The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.

Key financial of the Papadmalji Agro Foods are:


Papadmalji Agro Foods FY-26 FY-25 FY-24 FY-23
Revenue (₹ Cr) 33.53 31.75 26.27 24.99
EBIT (₹ Cr) 8.04 5.63 2.97 0.86
Proft after Tax (₹ Cr) 5.21 4.72 2.11 0.25
Debt (₹ Cr) 9.99 8.97 10.28 6.51
Net Worth (₹ Cr) 16.14 10.93 6.2 4.1
RoE (%) 32.29 43.23 33.97 6.2