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HomeIPOPapadmalji Agro Foods

About Papadmalji Agro Foods

Papadmalji Agro Foods Limited is an incorporated entity since December 2017 and is into the business of manufacturing and marketing of papads and related food products. The company manufactures various kinds of products such as hand-made papads, machine-made papads, machine-made ready-to-fry papads, rice papads (Khichiya), vrat-special papads and moongodi. The company follows both traditional methods of hand-made process along with semi-automated/automated machines for the manufacture of dough making, sheeting, rolling, cutting, drying and packing. The company markets its products under various brands such as Zhakaas, Vishal, Rozana, Diamond and Papadmalji. The company conducts its business through two FSSAI licensed manufacturing plants at Bikaner, Rajasthan with the company’s Gharsisar unit also being ISO 22000:2018 certified.The company has set up a nationwide distribution network consisting of distributors and wholesalers and has operations in 21 states and 3 union territories as of March 31, 2026. The company is also selling its products through an independent merchant exporter through which its products are exported to selective Middle Eastern countries. As of March 31, 2026, the company had a total workforce strength of 118 employees in various departments like management, finance, production, quality control, sales and marketing, logistics, maintenance, etc.

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Live IPOs

National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
Open  Close17th Sep 2026 - 21st Sep 2026
Issue Size22561.57 Cr
Min. Qty8 Shares
Issue Price₹ 1700.00
Live IPO
Antala Industries logo

Antala Industries

SME
Open  Close29th Oct 2026 - 5th Nov 2026
Issue Size22.98 Cr
Min. Qty2000 Shares
Issue Price₹ 62.00
Live IPO
Companies NameOpen - CloseIssue SizeMin. QtyIssue PriceApply
National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
17th Sep 2026 - 21st Sep 202622561.57 Cr8 Shares₹ 1700.00
Antala Industries logo

Antala Industries

SME
29th Oct 2026 - 5th Nov 202622.98 Cr2000 Shares₹ 62.00
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Papadmalji Agro Foods

Papadmalji Agro Foods

Open Date

Sep 29, 2026

Close Date

Oct 1, 2026

listed

Min Investment

₹2,30,400

Lot Size

1600 Shares

Issue Size

₹20.18 Cr

Price Range

₹69 - ₹69

Listing Date

Oct 7, 2026

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Papadmalji Agro Foods IPO - Issue Objectives

The company will spend ₹7.90 crore to build its new factory facility in Bikaner. The company will utilise ₹5.80 crore to repay certain outstanding borrowings Part of the IPO proceeds will be used for general corporate purposes and issue expenses.

Working capital requirements

42.65%

Repayment of borrowings

31.3%

General corporate purposes

26.02%

1

Working capital requirements

The company will spend ₹7.90 crore to build its new factory facility in Bikaner.

42.65%
2

Repayment of borrowings

The company will utilise ₹5.80 crore to repay certain outstanding borrowings

31.30%
3

General corporate purposes

Part of the IPO proceeds will be used for general corporate purposes and issue expenses.

26.02%

IPO Subscription Status

QIB
86.85x
NII
1.32x
Individual
1.59x
Total
2.54x

Times subscribed by category (bars capped at 10x for readability). Dashed line marks 1.0x (fully subscribed).

Financials of Papadmalji Agro Foods

In Cr.

Contact Details

Papadmalji Agro Foods

Opp. Manav Bharti School, Garsisar, Bikaner, Rajasthan, 334001

+917300071153
cs@papadmalji.com
https://www.papadmalji.com/

Papadmalji Agro Foods IPO - FAQs

Papadmalji Agro Foods IPO is a SME IPO. The issue is priced at 69-₹72. The minimum order quantity is 1600 Shares. The IPO opens on 29 Sep, and closes on 1 Oct. TBA is the registrar for the IPO. The shares are proposed to be listed on SME.








IPO Timeline

  • Pre Apply2026-09-28
  • Bidding Starts2026-09-29
  • Bidding Ends2026-10-01
  • Allotment Finalisation2026-10-05
  • Release of Funds2026-10-06
  • Demat Transfer2026-10-06
  • Listing2026-10-07