Baba Food Processing India Ltd
Price Range
₹72 - ₹76
Min. Quantity
1,600
Closes on
7 November 2023
Min. investment
₹1,21,600/1,600 Shares
Baba Food Processing India Ltd IPO Timeline
Baba Food Processing India Limited was incorporated on April 22, 2015, as Baba Food Processing (India) Private Limited', pursuant to a Certificate of Incorporation issued by the Registrar of Companies, Jharkhand at Ranchi. Subsequently, Company converted to a Public Limited Company and a fresh Certificate of Incorporation dated July 20, 2023 was issued by the Registrar of Companies, Jharkhand at Ranchi. Consequent to the conversion, the name of Company was changed to Baba Food Processing (India) Limited'.
| Event | Date |
|---|---|
| Baba Food Processing India Ltd IPO Opening Date | 3 November 2023 |
| Baba Food Processing India Ltd IPO Closing Date | 7 November 2023 |
| Basis of Allotment | 10 November 2023 |
| Initiation of Refunds | 13 November 2023 |
| Credit of Shares to Demat | 15 November 2023 |
| Baba Food Processing India Ltd IPO Listing Date | 15 November 2023 |
Baba Food Processing India Ltd IPO Details
| Baba Food Processing India Ltd IPO Date | 3 November 2023 to 7 November 2023 |
| Baba Food Processing India Ltd IPO Face Value | ₹10 per share |
| Baba Food Processing India Ltd IPO Price | ₹72 to ₹76 per share |
| Baba Food Processing India Ltd IPO Lot Size | 1,600 |
| Issue Size | Shares of ₹10 (aggregating up to ₹32.88 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹33 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Yogesh Kumar Sahu |
Baba Food Processing India Ltd IPO Lot Size
The Baba Food Processing India Ltd IPO lot size is 1,600 shares. A retail-individual investor can apply for up to 1 lots (1,600 shares or ₹1,21,600).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,600 | ₹1,21,600 |
| Maximum | 1 | 1,600 | ₹1,21,600 |
- Strengths
- Risks
- Opportunities
- Diversified Product Baske.
- Strong brand recall and established track record.
- Existing client and supplier relationships.
- Quality Assurance and Quality Control of our products.
- Strategically located manufacturing facilities with modern infrastructure and integrated manufacturing facilities with a core focus on quality.
- Cost efficient sourcing and locational advantage.
- Well experienced management team with proven project management and implementation skills.
Company Financials
Baba Food Processing India Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 91.94 | 184.83 | 6.14 |
| 03-2023 | 68.12 | 189.64 | 5.00 |
| 03-2022 | 54.68 | 97.56 | 1.53 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Investment in PFPL for setting up a manufacturing unit Patna, Bihar comprising an ultra modern highly automated roller flour mills and chakki whole wheat atta mill
- Funding purchase of ,achinery for manufacturing chickpea flour (Besan) and roasted gram flour (Sattu) in its existing manufacturing unit in
- Funding working capital requirements of the company
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company
- General corporate purposes
Baba Food Processing India Ltd IPO Promoter Holding
| Pre Issue Share Holding | 91.01% |
| Post Issue Share Holding | - |
Baba Food Processing India Ltd IPO Subscription Status (Bidding Detail)
The Baba Food Processing India Ltd IPO is subscribed 66 times on 7 November 2023 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 66 |
Baba Food Processing India Ltd IPO Prospectus
Baba Food Processing India Ltd IPO Listing Date
| Listing Date | 15 November 2023 |
| BSE Script | 91980 |
| NSE Symbol | BABAFP |
| Listing In | NSE - SME |
| ISIN | INE0QW501012 |
| IPO Price | ₹76 |
| Face Value | ₹10 |
Company Contact Information
6th Flr Home Decor BuildingRatu Road Ranchi G P O,Ranchi-834001
Phone: +91 915 519 2834
Email: cs@babafood.in
Website: www.babafood.in
Baba Food Processing India Ltd IPO Registrar
Baba Food Processing India Ltd IPO Lead Manager(s)
- Horizon Management Pvt Ltd
FAQ
What is the issue size of Baba Food Processing India Ltd IPO?
I have pre-applied for Baba Food Processing India Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.