
Papadmalji Agro Foods Ltd IPO
Last updated:
Papadmalji Agro Foods Ltd IPO Price Range is ₹69 - ₹72, with a minimum investment of ₹2,30,400 for 3200 shares per lot.
Subscription Rate
2.457x
as on 01 Oct 2026, 07:00PM IST
Minimum Investment
₹2,30,400
/ 3200 shares
IPO Status
Price Band
₹69 - ₹72
Bidding Dates
Sep 29, 2026 - Oct 1, 2026
Issue Size
₹20.18 Cr
Lot Size
1600 shares
Min Investment
₹2,30,400
Listing Exchange
NSE
Papadmalji Agro Foods Ltd IPO Application Timeline




IPO Subscription Status
as on 01 Oct 2026, 07:00PM IST
IPO subscribed over
🚀 2.457x
This IPO has been subscribed by 1.591x in the retail category and 86.85x in the QIB category.
Subscription Rate
| Total Subscription | 2.457x |
| Retail Individual Investors | 1.591x |
| Qualified Institutional Buyers | 86.85x |
| Non Institutional Investors | 1.268x |
Strengths and Risks
Strengths
Multi-Channel presence and extensive and well-established sale and distribution network.
Wide Range of Products with distinct variants.
Purity, Health & Wellness Focus.
Empowered by Women: A symbol of strength and dedication.
Experienced Promoters and professional management team.
Risks
The companys business is dependent on a limited number of customers, and the loss of one or more significant customers may adversely affect its business, results of operations, and financial condition.
The companys business depends on a limited number of suppliers for raw materials, the company does not have long-term supply agreements with them, and any disruption in supply availability or increase in raw material costs may adversely affect its business operations and financial performance.
The companys business depends on an effective and diversified sales and distribution network across multiple channels, and any disruption, inefficiency, or underperformance in one or more channels may adversely affect the companys business operations and financial performance.
The companys business and revenue are significantly dependent on its key brands, particularly Vishal, Zhakaas, and Rozana. Any decline in their market acceptance or brand perception, or the inability to expand the company Papadmalji brand, may adversely affect its business, results of operations, and financial condition..
The Company operations requires significant amount of working capital for a continuing growth. The companys inability to meet its working capital requirements may adversely affect the companys results of operations.
The companys business requires it to obtain and renew certain registrations, licenses and permits from government and regulatory authorities and the failures to obtain and renew or non-receipt of them in a timely manner may adversely affect the companys business operations.
Certain of the companys historical corporate records and filings have certain discrepancies or have been filed with a delay, which may lead to penal action by the competent regulatory authority.
The companys revenue is primarily derived from the sale of papad products, and any decline in demand for papads or shift in consumer preferences may adversely affect its business and financial performance.
The companys manufacturing units are located in Bikaner, and concentration of operations in a single geographic region exposes it to location-specific risks.
The companys product sales are heavily concentrated in a few core markets, particularly Rajasthan, Haryana, and Assam, and any adverse developments in these regions may materially affect its business and financial performance.
How to Apply for Papadmalji Agro Foods Ltd IPO on INDmoney
- Download the INDmoney app and complete your KYC.
- Go to INDstocks → IPO, or just search “IPO”.
- Tap on Papadmalji Agro Foods Ltd IPO from the list of live IPOs.
- View key details like price band, lot size, and dates.
- Tap Apply Now and choose your number of lots.
- Use INDpay UPI for instant mandate tracking.
- Your funds will be blocked until the share allotment is finalized.