Baba Food Processing IPO GMP, Review, Price, Allotment

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Last updated on November 15, 2023

Baba Food Processing IPO GMP

Baba Food Processing IPO description – Baba Food Processing is primarily engaged in the business of manufacturing fiber Whole Wheat Atta (Wheat Flour), Refined Flour (Maida), Tandoori Atta, and Semolina flour (Sooji). The company’s state-of-the-art manufacturing unit is situated in Ranchi and houses two divisions namely, high-fiber whole wheat atta division and refined flour division.

Its manufacturing unit is equipped with highly automated Buhler’s Swiss Technology Pesa Mill with an installed capacity of 200 Tons per day. Baba Food Processing also markets and sells Chickpea Flour (Besan) and Roasted Gram Flour (Sattu) under the brand ‘Panchakanya’, however, it procures these products from third-party manufacturers.

Baba Food Processing has established its presence in Jharkhand, Odisha, and West Bengal for marketing and sells the products directly to wholesalers and large retailers. During the three months ended 30 June 2023, revenue earned from local retailers accounted for 38.04% of the total revenue earned by the company.

Baba Food Processing India IPO

Promoters of Baba Food Processing – Yogesh Kumar Sahu


Baba Food Processing IPO Details

Baba Food Processing IPO Dates3 – 7 November 2023
Baba Food Processing India IPO PriceINR 72 – 76 per share
Fresh issueINR 33.0 crore
Offer For SaleNil
Total IPO sizeINR 33.0 crore
Minimum bid (lot size)1,600 shares (INR 121,600)
Face Value INR 10 per share
Retail Allocation69%
Listing OnNSE SME

Baba Food Processing India Financial Performance

 FY 2021FY 2022FY 2023Q1 FY 2024
Revenue106.5597.11189.5441.35
Expenses104.6094.75182.6638.62
Net income1.982.015.031.92
Figures in INR Crores unless specified otherwise

Baba Food Processing India Offer News


Baba Food Processing India Valuations & Margins

FY 2021FY 2022FY 2023
EPS4.134.194.20
PE ratio17.14 – 18.10
RONW (%)12.0210.0820.14
NAV34.3541.5920.83
EBITDA (%)5.315.475.84
ROCE (%)10.468.4115.81
Debt/Equity 1.401.331.13
*Compiled by IPO Central from Prospectus

Baba Food Processing IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
14 November 202379,000
11 November 202379,500
10 November 20231213,000
9 November 20231821,000
8 November 20232227,000
7 November 20232732,500
6 November 20233037,000
4 November 20233238,000
3 November 20233238,000
2 November 20232732,000
1 November 20232529,000
31 October 20232529,000

Baba Food Processing IPO Subscription – Live Updates

CategoryQIBNIIRetailTotal
Shares Offered80,0001,411,2002,835,2004,326,400
7 Nov 2023147.0271.8260.7965.98
6 Nov 20231.984.8019.0414.08
3 Nov 20231.661.093.722.82

Baba Food Processing IPO Allotment Status

Baba Food Processing IPO allotment status is now available on Mas Services’ website. Click on Mas Services IPO weblink to get allotment status.


Baba Food Processing IPO Dates & Listing Performance

IPO Opening Date3 November 2023
IPO Closing Date7 November 2023
Finalization of Basis of Allotment10 November 2023
Initiation of refunds13 November 2023
Transfer of shares to demat accounts15 November 2023
IPO Listing Date15 November 2023
Opening Price on NSE SMEINR 76 per share (no change)
Closing Price on NSE SMEINR 72.2 per share (down 5%)

Baba Food Processing Offer Lead Manager

HORIZON MANAGEMENT PRIVATE LIMITED
19 R N Mukherjee Road, Main Building,
2nd Floor, Kolkata- 700 001, West Bengal
Tel No: +91 33 46000607
Email: [email protected]
Website: www.horizonmanagement.in


Baba Food Processing Offer Registrar

MAS SERVICES LIMITED
T-34, 2nd Floor, Okhla Industrial Area,
Phase – II, New Delhi -110 020, Delhi, India
Phone: +91 112 638 7281/83, 4132 0335
Email: [email protected]
Website: www.masserv.com


Baba Food Processing IPO Contact Details

BABA FOOD PROCESSING (INDIA) LIMITED
6th Floor, Home Decor Building, Opposite Durga Mandir,
Ratu Road, Ranchi G.P.O., Ranchi – 834 001, Jharkhand
Phone: +91 915 519 2834
E-mail: [email protected]
Website: www.babafood.in


IPO FAQs

What is the Baba Food Processing India IPO size?

Baba Food Processing India’s IPO size is INR 33.00 crores.

What is the Baba Food Processing offer price band?

Baba Food Processing India’s public offer price is INR 72 – 76 per share.

What is the lot size of the Baba Food Processing IPO?

Baba Food Processing offer lot size is 1,600 shares.

What is Baba Food Processing IPO GMP today?

Baba Food Processing IPO GMP today is INR 7 per share.

What is the Baba Food Processing kostak rate today?

Baba Food Processing kostak rate today is NA per application.

What is Baba Food Processing Subject to the Sauda rate today?

Baba Food Processing Subject to Sauda rate today is INR 9,000 per application.

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