LIVE24 Aug 2026, 08:01 PM IST
Home / IPO / Baba Food Processing
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

IPO Objectives

Baba Food Processing IPO — dedicated ipo objectives page.

Objects of the Issue

#PurposeEstimated Amount
1Investment 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
2Funding purchase of machinery for manufacturing Chickpea Flour (Besan) and Roasted Gram Flour (Sattu) in our existing manufacturing unit in Ranchi₹3.66 Cr
3Funding working capital requirements of our Company₹2.50 Cr
4Prepayment or repayment of all or a portion of certain outstanding unsecured borrowings availed by our Company₹2.00 Cr
5General corporate purposes₹0.23 Cr