Baba Food Processing India Limited
- IPO Date03 Nov, 2023 to 07 Nov, 2023
- Listing Date16 Nov, 2023
- Face Value₹10 per share
- Issue Price₹72 to ₹76 per share
- Lot Size1600 Shares
- Minimum Investment₹1,21,600
- Listing At NSE SME
- Total Issue Size43,42,105 Shares
(aggregating up to ₹33.00 Cr) - Fresh Issue43,42,103 Shares
(aggregating up to ₹33.00 Cr)
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue1,20,00,003
- Shareholding post issue1,63,42,108
IPO Dates
Closing Date
07 Nov, 2023
Initiation of Refunds
15 Nov, 2023
Listing Date
16 Nov, 2023
03 Nov, 2023
Opening Date
10 Nov, 2023
Basis of Allotment
15 Nov, 2023
Credit of Shares
Baba Food Processing India Limited Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹1,21,600 |
| HNI (Min) | 2 | 3200 | ₹2,43,200 |
| Retail (Max) | 1 | 1600 | ₹1,21,600 |
Baba Food Processing India Limited Promoter Holding
The Promoter of our Company is Yogesh Kumar Sahu
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 99.99% | - |
Baba Food Processing India Limited COMPANY INFORMATION
Baba Food Processing IPO is a book built issue of Rs 33.00 crores. The issue is entirely a fresh issue of 43.42 lakh shares. Baba Food Processing IPO opens for subscription on November 3, 2023 and closes on November 7, 2023. The allotment for the Baba Food Processing IPO is expected to be finalized on Friday, November 10, 2023. Baba Food Processing IPO will list on NSE SME with tentative listing date fixed as Thursday, November 16, 2023. Baba Food Processing IPO price band is set at ₹72 to ₹76 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹121,600. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹243,200. Horizon Management Private Limited is the book running lead manager of the Baba Food Processing IPO, while Mas Services Limited is the registrar for the issue. The market maker for Baba Food Processing IPO is Nikunj Stock Brokers. Refer to Baba Food Processing IPO RHP for detailed information.
Incorporated in April 2015, Baba Food Processing is an agro-food manufacturing company. The company has established its footprints in branded consumer as well as bulk food markets producing wheat floor products. The company manufactures wide range of products including Whole Wheat Atta (Wheat Flour), Refined Flour (Maida), Tandoori Atta and Semolina flour (Sooji).
The company owns a manufacturing unit in Nagri, Ranchi and plans to set up another unit in Patna Bihar. The company employes more than 120 people and has annual sales of 1900 million.
The core strength of the company lies in the following
- Extensive distribution network and presence in various retail channels.
- Wide range of products such as Whole Wheat Atta (Wheat Flour), Refined Flour (Maida), Tandori Atta and Semolina flour (Sooji), to address a large consumer base.
- Strong Client and supplier relationship.
- Quality Assurance and Quality Control of our products.
FAQs About Baba Food Processing India Limited
Baba Food Processing India Limited will open on 03 Nov, 2023 and close on 07 Nov, 2023. Investors must apply within this period to participate.
The Baba Food Processing India Limited price band is set between ₹72.00 and ₹76.00 per share. The minimum lot size is 1600, requiring an investment of at least ₹121600.00.
The Baba Food Processing India Limited shares are expected to be listed on 16 Nov, 2023, subject to regulatory approvals and final allotment.
You can track your Baba Food Processing India Limited application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Baba Food Processing India Limited will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.