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Open
3 Nov 2023
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Close
7 Nov 2023
3
Allotment
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Listing
Wed, Nov 15, 2023
Price Band
₹72 to ₹76
Issue Size
43,26,400 shares (agg. up to ₹33 Cr)
Lot Size
1,600 Shares
Listing Date
Wed, Nov 15, 2023
Latest GMP
₹10
Est. Gain
13.16%
✦ AI Insight
GMP Trend
15-11-2023₹10Est. ₹86+13.16%
14-11-2023₹5Est. ₹81+6.58%
13-11-2023₹5Est. ₹81+6.58%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 69.12x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 69.80 | 68.12 | 54.68 | 45.84 |
| Total Income | 41.39 | 189.64 | 97.56 | 107.70 |
| Profit After Tax | 1.92 | 5.03 | 2.01 | 1.98 |
| NET Worth | 26.92 | 25.00 | 19.97 | 16.49 |
| Reserves and Surplus | 14.92 | 20.20 | 15.17 | 11.69 |
| Total Borrowing | 32.51 | 32.67 | 27.67 | 23.25 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Goyal Salt Ltd. | SME | ₹18.63 Cr | ₹38 | 13.97 | ₹136.10 | +258.16% | ₹103.05 |
| Madhusudan Masala Ltd. | SME | ₹23.80 Cr | ₹70 | 10.08 | ₹114.00 | +62.86% | ₹238.55 |
| Srivari Spices & Foods Ltd. | SME | ₹9.00 Cr | ₹42 | 9.59 | ₹106.55 | +153.69% | ₹276.00 |
| Proventus Agrocom Ltd. | SME | ₹69.54 Cr | ₹771 | 186.23 | ₹862.05 | +11.81% | ₹1,760.00 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | 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 |
| 2 | Funding purchase of machinery for manufacturing Chickpea Flour (Besan) and Roasted Gram Flour (Sattu) in our existing manufacturing unit in Ranchi | 3.66 |
| 3 | Funding working capital requirements of our Company | 2.50 |
| 4 | Prepayment or repayment of all or a portion of certain outstanding unsecured borrowings availed by our Company | 2.00 |
| 5 | General corporate purposes | 0.23 |
About Baba Food Processing IPO
Updated on Aug 12, 2026
Contact Details
Baba Food Processing (India) Ltd. Address6th Floor, Home Decor BuildingOpposite Durga Mandir, Ratu RoadRanchi G.P.O.Ranchi, Jharkhand, 834001+91 915 519 2834Visit Website