Baba Food Processing India Limited IPO
₹72 - ₹76
1600
69.44
| Open Date: | 03-Nov-2023 |
| Close Date: | 07-Nov-2023 |
| Allotment Date: | 10-Nov-2023 |
| Listing Date: | 15-Nov-2023 |
| Listing Price: | ₹71.8/- |
| Face Value: | ₹10 Per Equity Share |
| Issue Price: | ₹72-76 Per Equity Share |
| Issue Size: | Total Issue Size 4,342,105 shares (aggregating up to ₹33.00 Cr) : Fresh Issue 4,342,105 shares (aggregating up to ₹33.00 Cr) |
| Market Lot (Min Amount): | Retail - ₹121,600 : HNI - ₹243,200 |
As on | QIB | Nll | Rll | Total |
|---|---|---|---|---|
| Shares Offered/Reserved | 80,000 | 1,193,600 | 2,835,200 | 4,108,800 |
| Day 1 - 22-11-23 05:00 PM | 1.66x | 1.30x | 3.82x | 3.05x |
| Day 2 - 23-11-23 05:00 PM | 1.98x | 5.52x | 19.38x | 15.02x |
| Day 3 - 24-11-23 05:00 PM | 147.02x | 84.73x | 60.82x | 69.44x |
| Total No. of Application: | 1,07,765 (Approx.) | |||
| Retail Subscription on the basis of Apps: | 60.82x | |||
| Earning Per Share(EPS) | ₹13.96/- |
| P/E Ratio | 16.14 |
| RoNW | 105.31% |
| Net Asset Value (NAV) - Post Issue: | ₹20.83/- |
| Total Assets | Total Revenue | Profit After Tax | |
|---|---|---|---|
| 31 Mar,2023 | 6,811.54 | 18,964.17 | 503.44 |
| 31 Mar,2022 | 5,467.80 | 9,756.30 | 201.26 |
| 31 Mar,2021 | 4,583.95 | 10,769.55 | 198.14 |
| Pre Issue Share Holding | 99.99% |
| Post Issue Share Holding | N/A% |
| 1. Yogesh Kumar Sahu |
The Company proposes to utilize the Net Proceeds from the Issue towards the following objects:
1. Investment in our wholly owned Subsidiary, Panchakanya Foods Private Limited ("PFPL") for setting up a manufacturing unit in Patna, Bihar, comprising an ultra-modern highly automated roller flour mill and chakki whole wheat atta mill (hereinafter referred as the "Project");
2. Funding purchase of machinery for manufacturing Chickpea Flour (Besan) and Roasted Gram Flour (Sattu) in our existing manufacturing unit in Ranchi;
3. Funding working capital requirements of the Company;
4. Prepayment or repayment of all or a portion of certain outstanding unsecured borrowings availed by the Company; and
5. General Corporate Purposes.
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.
No financial information whatsoever published anywhere, within this application, should be considered as an advise to buy or sell securities or invest in IPOs, or as guide to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.
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