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Baba Food Processing (India) Limited IPO Date, Price, Review and Details

 

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Baba Food Processing (India) Limited IPO

November 03, 2023 - November 07, 2023 Closed

Baba Food Processing (India) Limited IPO

Baba Food Processing (India) Limited IPO was incorporated in 2015, they mainly make healthy Whole Wheat Atta, Refined Flour (Maida), Tandoori Atta, and Semolina flour (Sooji). Their factory in Ranchi has two parts: one makes whole wheat atta, and the other makes refined flour. They make healthy whole wheat atta in one part of their factory and refined flour, tandoori atta, and semolina flour in another. They also sell the by-products and waste like wheat bran as cattle and fish feed, making the factory waste-free. They sell Chickpea Flour (Besan) and Roasted Gram Flour (Sattu) under their 'Panchakanya' brand, but they buy them from other manufacturers. They plan to use some of the money raised in this issue to buy machinery and start making them in their own factory.

Company Promoters:

· Yogesh Kumar Sahu

Objects of this Issue:

·  Investment in their 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.
·  Funding purchase of machinery for manufacturing Chickpea Flour (Besan) and Roasted Gram Flour (Sattu) in their existing manufacturing unit in Ranchi.
·  Funding working capital requirements of their Company.
·  Prepayment or repayment of all or a portion of certain outstanding unsecured borrowings availed by their Company.
·  General Corporate Purposes.

Financial Information of the Company:

 Particular

Amount in Lakhs (Rs.)

As on 31 March 2023

As on 30 March 2022

As on 31 Mar 2021

Total Assets

6,811.54

5,467.80

4,583.95

Total Liabilities

4,311.56

3,471.27

2,934.99

Net Profit

503.44

201.26

198.14

Baba Food Processing (India) Limited IPO Schedule

1.     Bid or Offer Opens on: 03 November 2023
2.     Bid or Offer Closes on: 07 November 2023
3.     Finalization of BoA: 10 November 2023
4.     Initiation of Refunds: 13 November 2023
5.     Credit of shares to Demat account: 15 November 2023
6.     Listing Date: 16 November 2023

Baba Food Processing (India) Limited IPO Lot Size

The market lot size of Baba Food Processing (India) Limited IPO is 4,000 shares. The minimum and maximum order quantity is as follows:

Application

Lots

Shares

Amount

Minimum

1

  1600

₹121,600

Maximum

1

  1600

₹121,600

S-HNI(Minimum)

2

  3,200

₹243,200


Company Contact Details:

6th Floor, Home Decor Building,

Opposite Durga Mandir, Ratu Road,

Ranchi G.P.O., Ranchi – 834 001,

Jharkhand, India

Phone: +91 915 519 2834

Email: cs@babafood.in

Website:   www.babafood.in

 

Baba Food Processing (India) Limited IPO Registrar Details:

MAS Services Limited

T-34, 2nd Floor, Okhla Industrial Area, Phase - II,

New Delhi -110 020, Delhi, India;

Telephone:   +91 112 638 7281/83, 4132 0335

Email:  info@masserv.com

Website: www.masserv.com


Frequently Asked Question

Baba Food Processing (India) Limited IPO Shares will get listed at NSE SME.
Opening date of Baba Food Processing (India) Limited IPO is November 03, 2023.
If you do not get the allotment of on baba food processing (india) private limited, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in SVS Limited IPO using any neatest method at your convenience.
IPOs can be risky. Market conditions, economic factors, and company-specific issues can affect the stock's performance.
The face value of Baba Food Processing (India) Limited IPO is ₹10 per share.
You will receive on Baba Food Processing (India) Limited IPO shares in your Demat account on November 15, 2023, if allotted.
Companies go public to raise capital for various reasons, such as expanding operations, paying off debts, or funding research and development.
Lot size of the baba food industries Processing (India) Limited IPO is 1600 shares.
The meaning of "Baba Food Processing (India) Limited IPO GMP today" is the Grey Market Premium (GMP) for the initial public offering (IPO) of Baba Food Processing (India) Limited IPO on the current day.
To participate, you usually need to open a trading account with a registered stockbroker and apply for shares during the IPO period.
Pre-issue shareholding of the Baba Food Processing (India) Limited IPO promoter is 99.99%.
Baba Food Processing (India) Limited IPO shares will get listed on November 16, 2023.
Baba Food Processing (India) Limited IPO share price ₹72 to ₹76 per share.
Post-issue shareholding of the mish designs private limited services promoter is [.]%.
Closing date of Baba Food Processing (India) Limited IPO is November 07, 2023.
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