BABA FOOD PROCESSING (NSE SME)
November 3, 2023 – November 7, 2023
| Price | ₹72 - ₹76 |
| Premium | ₹10 |
|---|---|
| Lot size | 1600 |
| Allotment | Nov 10, 2023 |
| Listing | Nov 15, 2023 |
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Subscription
Last updated on 07-Nov-2023 20:06:19
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 80,000 | 1,17,61,600 | 147.02 |
| NIB | 11,93,600 | 10,13,56,800 | 84.92 |
| RETAIL | 28,35,200 | 17,24,24,000 | 60.82 |
| Total | 41,08,800 | 28,55,42,400 | 69.5 |
| Retail Apps | 1,07,765 | © IPO Premium | |
About
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1600 | 121600 | 1772 |
| HNI | 2 | 3200 | 243200 | 746 |
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.
Baba Food Processing IPO Details
| Issue Size | 33 cr |
| Fresh Issue | [.] shares (aggregating up to ₹33.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 12,000,003 |
| Market Maker portion | 217,600 shares |
Company Financials
Baba Food Processing India Limited Financial Information (Restated Consolidated)
Baba Food Processing India Limited's revenue increased by 94.38% and profit after tax (PAT) rose by 150.14% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period | 30 Jun 2023 | Mar 2023 | Mar 2022 | Mar 2021 |
| Assets | 6,980.33 | 6,811.54 | 5,467.80 | 4,583.95 |
| Revenue | 4,138.75 | 18,964.17 | 9,756.30 | 10,769.55 |
| Profit | 192.29 | 503.44 | 201.26 | 198.14 |
| Net Worth | 2,692.36 | 2,499.97 | 1,996.53 | 1,648.95 |
| Reserves | 1,492.26 | 2,019.97 | 1,516.53 | 1,168.95 |
| Borrowing | 3,250.94 | 3,266.54 | 2,766.60 | 2,325.45 |
| Amount in ₹ Lakhs | ||||
Strength
Weakness
Lead Manager(s)
Address
Baba Food Processing India Limited
6th Floor, Home Decor Building,
Opposite Durga Mandir, Ratu Road,
Ranchi G.P.O., Ranchi – 834 001,
Phone: +91 915 519 2834
Email:
Website: https://www.babafood.in/