Last updated on November 15, 2023
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.
Promoters of Baba Food Processing – Yogesh Kumar Sahu
Table of Contents
Baba Food Processing IPO Details
| Baba Food Processing IPO Dates | 3 – 7 November 2023 |
| Baba Food Processing India IPO Price | INR 72 – 76 per share |
| Fresh issue | INR 33.0 crore |
| Offer For Sale | Nil |
| Total IPO size | INR 33.0 crore |
| Minimum bid (lot size) | 1,600 shares (INR 121,600) |
| Face Value | INR 10 per share |
| Retail Allocation | 69% |
| Listing On | NSE SME |
Baba Food Processing India Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | Q1 FY 2024 |
| Revenue | 106.55 | 97.11 | 189.54 | 41.35 |
| Expenses | 104.60 | 94.75 | 182.66 | 38.62 |
| Net income | 1.98 | 2.01 | 5.03 | 1.92 |
Baba Food Processing India Offer News
- Baba Food Processing India RHP
- Baba Food Processing India Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Baba Food Processing India Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 4.13 | 4.19 | 4.20 |
| PE ratio | – | – | 17.14 – 18.10 |
| RONW (%) | 12.02 | 10.08 | 20.14 |
| NAV | 34.35 | 41.59 | 20.83 |
| EBITDA (%) | 5.31 | 5.47 | 5.84 |
| ROCE (%) | 10.46 | 8.41 | 15.81 |
| Debt/Equity | 1.40 | 1.33 | 1.13 |
Baba Food Processing IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 14 November 2023 | 7 | – | 9,000 |
| 11 November 2023 | 7 | – | 9,500 |
| 10 November 2023 | 12 | – | 13,000 |
| 9 November 2023 | 18 | – | 21,000 |
| 8 November 2023 | 22 | – | 27,000 |
| 7 November 2023 | 27 | – | 32,500 |
| 6 November 2023 | 30 | – | 37,000 |
| 4 November 2023 | 32 | – | 38,000 |
| 3 November 2023 | 32 | – | 38,000 |
| 2 November 2023 | 27 | – | 32,000 |
| 1 November 2023 | 25 | – | 29,000 |
| 31 October 2023 | 25 | – | 29,000 |
Baba Food Processing IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 80,000 | 1,411,200 | 2,835,200 | 4,326,400 |
| 7 Nov 2023 | 147.02 | 71.82 | 60.79 | 65.98 |
| 6 Nov 2023 | 1.98 | 4.80 | 19.04 | 14.08 |
| 3 Nov 2023 | 1.66 | 1.09 | 3.72 | 2.82 |
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 Date | 3 November 2023 |
| IPO Closing Date | 7 November 2023 |
| Finalization of Basis of Allotment | 10 November 2023 |
| Initiation of refunds | 13 November 2023 |
| Transfer of shares to demat accounts | 15 November 2023 |
| IPO Listing Date | 15 November 2023 |
| Opening Price on NSE SME | INR 76 per share (no change) |
| Closing Price on NSE SME | INR 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:Â [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:Â +91 112 638 7281/83, 4132 0335
Email:Â [email protected]
Website:Â 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.
