Papadmalji Agro Foods IPO Day 1: Subscription Opens Today, 29 September 2026

Papadmalji Agro Foods Limited, incorporated in December 2017, has opened its IPO for subscription today, 29 September 2026. The Papadmalji Agro Foods IPO is a book built SME issue of 28,03,200 shares worth about Rs 20.18 crore at the upper price band, and will remain open for bidding until 1 October 2026. The equity shares are proposed to be listed on the NSE SME platform.

The company manufactures handmade papads, machine-made papads, ready-to-fry papads, rice papads (Khichiya), vrat special papads and moongodi in-house in Bikaner, Rajasthan, selling under five brands: Vishal, Rozana, Papadmalji, Diamond and Zhakaas. It reported revenue of Rs 33.53 crore and profit after tax of Rs 5.21 crore for the year ended 31 March 2026.

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Papadmalji Agro Foods IPO Details

The table below sets out the key parameters of the Papadmalji Agro Foods IPO, including the price band, lot size and important dates.

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 Quick Facts

Particulars	Snapshot
Minimum retail investment	Rs 2,30,400 (2 lots, 3,200 shares)
Minimum HNI investment	Rs 3,45,600 (3 lots, 4,800 shares)
Registrar	MAS Services Ltd
Lead Manager	Kreo Capital Pvt Ltd

This snapshot is meant as a quick reference alongside the fuller details table above, so investors scanning the issue on mobile can find the essentials without scrolling through the whole page.

Papadmalji Agro Foods IPO Share Reservation

The issue follows the standard SEBI framework for a book built SME issue, with a separate market maker reservation alongside allocations for institutional, non-institutional and retail investors. Retail bidders must apply for a minimum of 2 lots, or 3,200 shares.

Papadmalji Agro Foods IPO Subscription Status Day 1

Bidding for the issue has opened today, 29 September 2026, so the category wise numbers below will fill in as the session progresses. QIB and larger HNI bids in SME issues can arrive at any point through the bidding window.

Investor Category	Subscription Status, Day 1 (29 Sep)
Qualified Institutional Buyers (QIB)	Bidding just opened, updating through the session
Non-Institutional Investors (NII)	Bidding just opened, updating through the session
Retail Individual Investors	Bidding just opened, updating through the session
Overall	Bidding just opened, updating through the session

Track Subscription Status for the issue on the Univest Screener

How to Apply for the Papadmalji Agro Foods IPO

1. Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
2. 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.
3. Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
4. Approve the UPI mandate on your phone before the daily cut off time, and remember the issue closes on 1 October.

Download the Univest iOS App or Univest Android App to apply for the issue on its opening day.

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.

About Papadmalji Agro Foods Limited

Papadmalji Agro Foods Limited, promoted by Jai Agarwal, Premlata Agarwal and Aanya Agarwal, is a Bikaner-based food company engaged in manufacturing papads and related traditional food products under the Papadmalji brand, ahead of the issue.

Conclusion

The issue has opened for bidding today, 29 September 2026, giving investors exposure to a regional packaged papad manufacturer with a multi-brand portfolio. Investors considering the issue should study the company raw material and seasonal demand risks and SME liquidity risks in the RHP on nseindia.com, and apply only after independent due diligence.

FAQs

What is the Papadmalji Agro Foods IPO subscription status on Day 1?

Ans. The issue opened for bidding today, 29 September 2026, so Day 1 category wise figures are still filling in through the trading session. Investors can track the live numbers on NSE as the day progresses.

When does the Papadmalji Agro Foods IPO open and close?

Ans. The issue opened for subscription today, 29 September 2026, and will close on 1 October 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.

What is the issue size and structure of the Papadmalji Agro Foods IPO?

Ans. The issue comprises 28,03,200 equity shares worth about Rs 20.18 crore at the upper price band, and the split between fresh issue and offer for sale is set out in the RHP.

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, especially this early in the bidding window.

How do I apply for the Papadmalji Agro Foods IPO?

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, and the shares are tentatively scheduled to list on the NSE SME platform on 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.

What was Papadmalji Agro Foods' recent financial performance?

Ans. Papadmalji Agro Foods reported revenue of Rs 33.53 crore and profit after tax of Rs 5.21 crore for the financial year ended 31 March 2026.

Who are the registrar and lead manager for the Papadmalji Agro Foods IPO?

Ans. MAS Services Ltd is the registrar for the issue, and Kreo Capital Pvt Ltd is the book running lead manager for the issue.