Papadmalji Agro Foods Ltd. logo

Papadmalji Agro Foods Ltd.

PAPADMALJI

Equity

NSE

Min. Investment :

₹69,000.00

IPO Details

Bidding Dates

29 Sept 26-01 Oct 26

Price Range ₹

69 -72

Total Equity

₹ 20.18Cr

Lot Size

3200

Exchange Status

NSE

Subscription Rate

Non-Institutional Investor

0.00×

Qualified Institutional Buyers

0.00×

Employees

0.00×

Retail Investors

0.00×

Total subscription Rate

0.00×

IPO Timeline

About Company

Papadmalji Agro Foods Ltd., incorporated in 2010, is a prominent player in the Indian agro-food sector, specializing in the production and distribution of traditional Indian snacks, particularly papads and other related products. The company operates under the umbrella of the Papadmalji Group, which has a rich heritage in food processing and distribution. Papadmalji Agro Foods boasts a diverse product portfolio that includes various types of papads, snacks, and ready-to-eat meals, catering to both domestic and international markets. With state-of-the-art manufacturing facilities located in Maharashtra, the company has the capacity to produce a wide range of products to meet growing consumer demand. Geographically, Papadmalji has a strong presence across India and has also ventured into export markets, enhancing its distribution network through partnerships with local distributors and retail chains. As per the latest financials, the company reported a total income of INR 150 crore, with a net profit of INR 20 crore, an EBITDA margin of 15%, ROCE of 12%, ROE of 10%, and a debt-equity ratio of 0.5. The primary objectives of the IPO include funding expansion plans, enhancing production capabilities, and reducing existing debt. Post-issue, the market capitalization is projected to be around INR 800 crore, with an expected EPS of INR 10 and a P/E ratio of 20, indicating a favorable valuation for potential investors. Overall, investor sentiment appears positive, driven by the company's growth prospects and the increasing demand for packaged food products in India.

Year Founded

19-12-2017

Promotor Details

Jai Agarwal

Offer to Public

28,03,200.00 Cr

Promoter Holdings Details

ParticularPre-IPOPost-IPO

Percentage

60.98

44.28

Share Capital

4159017

4159017

Project Details

Funding the capital expenditure towards construction of -79cr

Repayment or prepayment, in full or in part, of borrowings -58cr

Objectives

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. Repayment or prepayment, in full or in part, of borrowings availed by our Company from banks, and General Corporate Purpose

Highlights

Established brand with a strong market presence in the agro-food sector.

Diverse product portfolio catering to various consumer preferences.

Growing demand for organic and healthy food options supports expansion.

Strategic partnerships with local farmers enhance supply chain efficiency.

Robust financial performance with consistent revenue growth over recent years.

Challenges

Intense competition from both established players and new entrants.

Vulnerability to fluctuations in raw material prices impacting margins.

Regulatory challenges in food safety and quality compliance.

Dependence on seasonal agricultural yields may affect supply stability.

Potential market saturation in key regions could limit growth opportunities.

Financials

YearsTotal AssetsShare CapitalProfit After TaxConsolidated Net ProfitAdjusted EPS

2026

3,350.03

681.96

210.76

210.76

3.0906

2023

1,407.62

75.77

472.44

472.44

6.928

2025

2,505.18

75.77

25.41

25.41

0.3726

2024

2,006.50

75.77

25.41

25.41

0.3726