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ClearIPO

Papadmalji Agro Foods Limited

SME IPO

Open nowSMERisk-factor review pending

Risk analysis not yet reviewed. ClearIPO publishes risk factors only after a manual review of the offer document.

Last updated 29 Sept 2026

Key details

Price band
₹69
Face value
Rs 10
Lot size
1,600 shares
Minimum investment
Rs 1,10,400
Issue size
Rs 20 Cr
Fresh issue
Rs 20 Cr
Retail quota
35%
Exchanges
NSE SME
Opening date
29 Sept 2026
Closing date
01 Oct 2026
Allotment date
02 Oct 2026
Listing date
07 Oct 2026

3 further details have not been reported for this issue yet, so they are left out rather than estimated.

Explain this IPO simply

The same information as the prospectus, written the way you would explain it to a friend.

What the company does

Papadmalji Agro Foods engages in the manufacturing of handmade papads, machine-made papads, rice papads, vrat special papads, and moongodi, along with the trading of cereal pellets. The company also carries out white-label manufacturing of handmade papads, producing goods that clients market under their respective brand names and tailored packaging. Revenue is primarily generated through product sales under its key core brands, including Vishal, Zhakaas, and Rozana, alongside direct-to-consumer sales under the Papadmalji brand. Products are distributed across multiple sales channels, such as general trade, modern trade, quick commerce, direct-to-consumer platforms, and sales to merchant exporters for selected Middle Eastern markets. Operations are based out of manufacturing units and facilities situated in Bikaner, Rajasthan. For handmade papad production, the business utilizes a decentralized operational system involving contractors and home-based women workers who perform hand rolling according to prescribed quality specifications before final inspection.

No hand-checked analysis for this issue yet

We publish only the figures our data source reports for this IPO. Clarity scoring, strengths and risks, use of funds and valuation multiples appear here once the prospectus has been read and verified.

Subscription status

Update pending

The issue is open. Subscription figures have not been published by the source yet.

Important documents

IPO timeline

  1. IPO opens

    29 Sept 2026

    First day you can apply.

  2. IPO closes

    01 Oct 2026

    Last day to apply, usually by evening.

  3. Allotment

    02 Oct 2026

    Who gets shares is decided.

  4. Refund / unblock

    03 Oct 2026

    Blocked money is released if you did not get shares.

  5. Shares in demat

    03 Oct 2026

    Allotted shares reach your demat account.

  6. Listing day

    07 Oct 2026

    Shares start trading on the exchange.

Frequently asked questions

Where this information comes from

Last updated
2026-09-29T10:15:05.700Z
Last verified
2026-09-29T10:15:05.700Z
Primary source
nse
Secondary source
Exchange filings
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