Papadmalji Agro Foods IPO Day 3: Subscription Closes Today, 1 October 2026
- October 1, 2026
- Posted by: Harsh Piplani
- Category: IPO
Papadmalji Agro Foods IPO closes today, 1 Oct 2026. Subscribed 1.64x through Day 2: QIB 86.85x, Retail 0.71x, NII 0.32x. Price band Rs 69-72.
Quick Answer
The Papadmalji Agro Foods IPO is on its final day of bidding on 1 October 2026, with the subscription window closing today. The issue has moved from 1.40 times at the Day 1 close to 1.64 times by the close of Day 2, with the small QIB quota still at 86.85 times, retail improving to 0.71 times and NII at 0.32 times. With bidding open until the end of today’s session, the final subscription figure depends on demand in the closing hours.
Papadmalji Agro Foods Limited, a Bikaner-based packaged papad manufacturer, has reached the final day of its IPO subscription window today, 1 October 2026. The Papadmalji Agro Foods IPO opened on 29 September 2026 and is a book built SME issue worth about Rs 20.18 crore. The shares are proposed to list on the NSE SME platform.
The overall Papadmalji Agro Foods IPO subscription continues to be lifted by a very small QIB quota already at 86.85 times, while retail and NII build more gradually. Today is the last opportunity for those categories to catch up further.
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Papadmalji Agro Foods IPO Details
The table below sets out the key parameters of the issue.
| Open Date | 29 September 2026 |
| Close Date | 1 October 2026 |
| Price Band | Rs 69 to Rs 72 per share |
| Lot Size | 1,600 shares (minimum bid 3,200 shares) |
| Issue Size | Rs 20.18 crore (28,03,200 shares) |
| Issue Type | Book Built Issue, SME |
| Listing At | NSE SME |
| Allotment Date | 5 October 2026 |
| Listing Date | 7 October 2026 |
Papadmalji Agro Foods IPO Subscription Status Day 3
The table below tracks how the issue has moved through its bidding window, from the Day 1 close through to the close of Day 2 on Wednesday.
| Session | Overall | QIB | NII | Retail |
|---|---|---|---|---|
| Day 1 close (29 Sep) | 1.40x | 86.85x | 0.01x | 0.51x |
| Day 2 close (30 Sep, closing update) | 1.64x | 86.85x | 0.32x | 0.71x |
| Day 3, closing day so far (29 Sep) | Updating through the session | |||
The QIB category holds a very small share of the net offer, so its high multiple lifts the overall figure while retail and NII continue to build more gradually. Final figures should be confirmed on NSE once bidding closes today.
Track Subscription Status for the issue on the Univest Screener
How to Apply for the Papadmalji Agro Foods IPO
- Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
- Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 69 to Rs 72 band, with a minimum bid of 3,200 shares.
- Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
- Approve the UPI mandate on your phone before the daily cut off time, since the issue closes for good after this session.
Download the Univest iOS App or Univest Android App to apply for the issue before it closes today.
Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
Conclusion
The issue closes today with the overall book at around 1.64 times through Day 2, lifted by a small QIB quota while retail and NII continue to build. Investors considering the issue should review the company financials and SME liquidity risks in the RHP on nseindia.com, and apply only after independent due diligence before the window shuts today.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs
What is the Papadmalji Agro Foods IPO subscription status on Day 3?
Ans. On the closing day, 1 October 2026, the issue carries forward a Day 2 reading of around 1.64 times overall, with QIB at 86.85 times, retail at 0.71 times and NII at 0.32 times, and figures are updating through today’s final session.
When does the Papadmalji Agro Foods IPO close?
Ans. The issue closes for subscription today, 1 October 2026, having opened on 29 September 2026.
What is the Papadmalji Agro Foods IPO price band and lot size?
Ans. The issue price band is Rs 69 to Rs 72 per share, with a lot size of 1,600 shares. Retail investors must apply for a minimum of 2 lots, or 3,200 shares, taking the minimum investment to about Rs 2,30,400 at the upper price band.
Why is the Papadmalji Agro Foods IPO overall subscription so much higher than retail and NII?
Ans. The issue carries a very small QIB quota, which remained at 86.85 times through Day 2, lifting the overall multiple to around 1.64 times even though retail stood at 0.71 times and NII at 0.32 times.
What is the Papadmalji Agro Foods IPO GMP?
Ans. Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
How do I apply for the Papadmalji Agro Foods IPO before it closes?
Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, enter your bid quantity and price within the Rs 69 to Rs 72 band, with a minimum bid of 3,200 shares, then approving the UPI mandate before the daily cut off.
When will the Papadmalji Agro Foods IPO be allotted and listed?
Ans. The issue allotment is expected to be finalised on 5 October 2026, with listing on the NSE SME platform tentatively scheduled for 7 October 2026.
What does Papadmalji Agro Foods Limited do?
Ans. Papadmalji Agro Foods Limited manufactures handmade and machine-made papads, ready-to-fry papads, rice papads, vrat special papads and moongodi under the Vishal, Rozana, Papadmalji, Diamond and Zhakaas brands.
