| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹32.88 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹32.88 Cr |
| Fresh Issue | ₹31.23 Cr |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹72.00-76.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | BABAFP |
| Registrar | MAS Services Ltd. |
| Lead Managers | Horizon Management Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,600 shares and in multiples thereof
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
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | 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 |
| 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 | ||||
| KPI | |
|---|---|
| ROE | 20.14% |
| ROCE | 15.81% |
| RoNW | 20.14% |
| PAT Margin | 2.65% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 4.20 | |
| P/E (x) | 16.14 | |
| Promoter Holding | 99.99% | |
| Market Cap | ₹124.20 Cr. | |