IPO Issue Details
Issue Price / Price Band₹98 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,200 Shares per Lot
Total Issue Size14,28,000 shares (aggregating up to ₹13.99 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenTue, 24 Jun 2025
Subscription CloseThu, 26 Jun 2025
Anchor AllotmentMon, 23 Jun 2025
Basis of AllotmentFri, 27 Jun 2025
Initiation of RefundsMon, 30 Jun 2025
Credit of Shares to DematMon, 30 Jun 2025
Listing DateTue, 01 Jul 2025
UPI Mandate Deadline2025-06-26
Application & Investment Details
Retail — Min (1 Lots)₹1,17,600 — 1200 shares
Retail — Max (13 Lots)₹1,528,800 (13 Lots)
HNI — Min (2 Lots)₹2,35,200 — 2400 shares
EPS (Pre-IPO)₹8.74
EPS (Post-IPO)₹6.32
P/E Ratio (Pre-IPO)11.22x
P/E Ratio (Post-IPO)15.52x
Net Offer to Public13,56,000 shares (aggregating up to ₹13.29 Cr)
Reserved for Market Maker72,000 shares (aggregating up to ₹0.7056 Cr)
Pre-IPO Promoter Holding37,26,000 shares
Post-IPO Promoter Holding51,54,000 shares
About Abram Food Ltd.
Incorporated in 2009, Abram Food Limited is engaged in the manufacturing and trading of Chana Dal, Flour (Chakki Atta), Besan, Multi multi-grain atta, Maida, Sooji, Spices, Cattle Feed (khali), and edible oils.The Company markets and sells its product range in Rajasthan, Delhi/NCR, and Uttar Pradesh under the brand name "Kherliwala" through a network of distributors.The company provides Chana Dal, Atta, Besan, Chana Churi, and Cattle Feed (Khal) in bulk (30-50 kg packaging) to distributors, who sell them in loose quantities at retail outlets.The company processes products like chana dal, flour, spices, besan, and cattle feed without artificial preservatives or chemicals, ensuring quality and freshness at every step, from procurement to packaging.The company offers a range of flours, including Rajasthan Royal Besan, Maida, Suji, Chakki Fresh Atta, and Multi Grain Atta, along with various oils and spices.The company operates a manufacturing facility at B-34, Matsya Industrial Area, Alwar, Rajasthan, covering 3000 sq. meters, equipped for efficient cleaning, drying, grinding, and packaging to serve Rajasthan and Delhi/NCR.Product Portfolio: Rajasthan Royal Besan, Rajasthan Royal Chakki Fresh Aata, Rajasthan Royal Maida, Rajasthan Royal chilli Powder, etc.As of November 30, 2024, the company has 15 employees.Competitive Strengths:Strategically located manufacturing facilities.Extensive and well-established sale and distribution network.They have an experienced and professional senior management team.Standing Relationship with the customers.Optimum Utilization of resources.
Objects of the Issue
Abram Food Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Capital Expenditure for purchase of machineries
3.85
2
2 Funding of Working Capital Requirement of the company
6.70
3
3 General corporate purposes
2.05
4
4 Issue related expenses in relation to Issue
1.40
Shareholding & Lock-in
Pre-IPO Promoter Holding
37,26,000 shares
Post-IPO Promoter Holding
51,54,000 shares