Issue Price
₹76
Per Share
GMP
NIL
Grey Market
Est. Listing
₹76
Expected Price
Min. Application
₹243,200
2 lots × 1600 shares
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.
Baba Food Processing (India) Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 217,600 | — | ₹1.65 Cr | — |
| TOTAL | 4,326,400 | 100.00% | ₹32.88 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹121,600 |
| Retail (Max) | 13 | 20,800 | ₹1,580,800 |
| sNII (Min) | 14 | 22,400 | ₹1,702,400 |
| bNII (Min) | 68 | 108,800 | ₹8,268,800 |
| Particulars | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 4138.75 | 18964.17 | 9756.30 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 192.29 | 503.44 | 201.26 |
| Net Worth | 2692.36 | 2499.97 | 1996.53 |
| Total Assets | 6980.33 | 6811.54 | 5467.80 |
| Reserves & Surplus | 1492.26 | 2019.97 | 1516.53 |
| Total Borrowings | 3250.94 | 3266.54 | 2766.60 |