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LISTEDSME

Baba Food Processing IPO

Open 3rd Nov 2023 · Close 7th Nov 2023 · Listing 15th Nov 2023

Price Band₹72.00–₹76.00
Live GMP₹10.00
Subscription69.44×
Issue Size₹32.88 Cr
Allotment10th Nov 2023

At a glance

Updated 2026-08-24

Baba Food Processing is a SME IPO with an issue size of ₹32.88 crore, proposed for listing on NSE SME. The offer opens on 3rd Nov 2023 and closes on 7th Nov 2023. The issue structure includes a fresh issue of ₹31.23 crore.

Issue details

Listing atNSE SME
Issue typeBook Build Issue
Issue size₹32.88 Cr
Fresh issue₹31.23 Cr
Face value₹10
Price band₹72.00–₹76.00
Allotment10th Nov 2023
Listing15th Nov 2023

Grey market

GMP page ↗
Latest GMP₹10.00
GMP / upper price13.16%
Est. listing₹86.00
GMP is unofficial sentiment data, not an exchange price.

Timeline

Opens3rd Nov 2023
Closes7th Nov 2023
Allotment10th Nov 2023
Refund13th Nov 2023
Demat15th Nov 2023
Listing15th Nov 2023

Subscription demand

Full bidding ↗
Total69.44×

Lot size

InvestorLotsSharesAmount
Minimum Bid11600₹121,600

Company

Use of proceeds

ObjectAmount
Investment in PFPL for setting up a manufacturing unit in Patna, Bihar, comprising an ultra-modern highly automated roller flour mill and chakki whole wheat atta mill₹20.30 Cr
Funding purchase of machinery for manufacturing Chickpea Flour (Besan) and Roasted Gram Flour (Sattu) in our existing manufacturing unit in Ranchi₹3.66 Cr
Funding working capital requirements of our Company₹2.50 Cr
Prepayment or repayment of all or a portion of certain outstanding unsecured borrowings availed by our Company₹2.00 Cr
General corporate purposes₹0.23 Cr

31 Mar 2021

Assets45.84
Total Income107.70
Profit After Tax1.98
NET Worth16.49
Reserves and Surplus11.69
Total Borrowing23.25

31 Mar 2022

Assets54.68
Total Income97.56
Profit After Tax2.01
NET Worth19.97
Reserves and Surplus15.17
Total Borrowing27.67

31 Mar 2023

Assets68.12
Total Income189.64
Profit After Tax5.03
NET Worth25.00
Reserves and Surplus20.20
Total Borrowing32.67

30 Jun 2023

Assets69.80
Total Income41.39
Profit After Tax1.92
NET Worth26.92
Reserves and Surplus14.92
Total Borrowing32.51
Trend chart₹ crore

KPIs

KPI
ROE
ROCE
RoNW
PAT Margin

Valuation & shareholding

Pre-IPO EPS4.20
Post-IPO P/E16.14
Promoter holding pre99.99%
Promoter holding post73.5%
Market cap₹124.20 Cr.

Issue expenses

ExpenseAmount
Issue management fees including fees and reimbursements of Market Making fees and payment to other Intermediaries such as Legal Advisors to the IPO, Registrars and other out of pocket expenses.₹0.57 Cr
Marketing and Selling Commission and expenses₹3.30 Cr
Advertising and marketing expenses₹0.10 Cr
Printing and distribution of issue stationery₹0.01 Cr
Listing fees₹0.01 Cr
SEBI and NSE processing fees₹0.00 Cr
Book Building software fees₹0.04 Cr
Other regulatory expenses₹0.14 Cr
Miscellaneous₹0.04 Cr

Registrar & lead managers

Registrar

MAS Services Ltd.

Lead managers

  • Horizon Management Pvt.Ltd.

Offer documents

Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.