Baba food processing ipo gmp today

Baba Food Processing was listed on the stock exchange on

Their manufacturing unit is situated in Ranchi and houses two divisions namely, the high fibre whole wheat atta division and refined flour division. They also commercialize the by-product and waste material, i. They propose to utilise a portion of the Net Proceeds of this Issue, towards the purchase of machinery for manufacturing Chickpea Flour Besan and Roasted Gram Flour Sattu in their existing manufacturing unit. The Company has a diversified marketing network through which it markets and sells its products. Click Her e. For our latest videos, subscribe to our YouTube channel. Special Trading Session on Saturday, January 20,

Baba food processing ipo gmp today

The face value of each share is Rs To apply in this IPO application you have to buy at least one lot of shares or its multiple at the described price band of Rs 72 to Rs 76 for each share. Dates are updated as they are announced. Zerodha Trade Baba Food Processing India Limited was established in and is primarily engaged in the production of high-fibre whole wheat ata wheat flour , refined flour maida , tandoori ata and semolina flour sooji. The company produces high-fibre whole wheat atta wheat flour in the whole wheat atta department and refined flour maida , tandoori atta and semolina flour sooji in the refined flour department. They also market the by-products and waste materials, i. They believe they have established their brand as the preferred brand for wheat bran and refined flour for home use. Their track record has allowed us to develop an effective business model that provides tight control over processes such as raw material sourcing, production, inventory management and distribution logistics. They adhere to strict product quality standards and align with consumer preferences across all segments and markets. The company operates a zero-waste production unit where waste generated by the business units is either sold or processed as livestock or fish feed. In addition, the company markets and sells its by-product, wheat bran, as animal feed, thus commercialising both its by-products and its waste materials.

IPO opens on Tentative 3 Nov. The company, which manufactures wheat floor products, has established itself in both bulk and branded consumer food categories.

The final price will be discovered via book building in this band. Since there is no offer for sale portion, the total size of the fresh issue will also be the total size of the IPO. The minimum lot size for the IPO investment will be 1, shares. That is also the maximum that the retail investors can invest in the IPO. The market maker for the issue is Nikunj Stock Brokers Ltd and they will provide two-way quotes to ensure liquidity on the counter and low basis costs, post listing. Post the IPO, the promoter stake will get diluted from Investor Category.

Baba Food Processing IPO lot size is that the investors can bid for a minimum of 1, shares and in multiples thereof. Baba Food Processing is an enterprise that produces agricultural foods. The company, which manufactures wheat floor products, has established itself in both bulk and branded consumer food categories. A broad variety of products are produced by the company, such as Tandoori Atta, Whole Wheat Atta wheat flour , and Semolina flour Sooji. According to media reports, between the financial year ending on March 31, , and March 31, , Baba Food Processing India Limited saw a Investment in our fully owned subsidiary Panchakanya Foods Private Limited "PFPL" to establish a manufacturing facility in Patna, Bihar, consisting of a highly automated roller flour mill and chakki whole wheat atta mill henceforth referred to as the "Project" ; financing the purchase of machinery for producing Roasted Gramme Flour Sattu and Chickpea Flour Besan in our current Ranchi manufacturing facility; financing the Company's working capital requirements; prepayment or repayment of all or a portion of certain outstanding unsecured borrowings obtained by the Company; and for general corporate purposes. The issue received positive response from retail investors who's portion set was subscribed

Baba food processing ipo gmp today

Investors can find out if and how many shares they have been given through the basis of allotment. The number of shares allotted can also be seen in the IPO allotment status. The company has initiated the refund process for applicants not given shares, which would have begun today. Those allotted will receive their shares in their demat accounts. Step 2 Once investors have accessed the initial allotment status page of MAS Services, they have two options. What GMP, experts signal 'positive' debut of shares. Click the hyperlink "Search on Application No.

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QIB Investors. Wait for it… Oops! Your Message. Fill in your details below: or. Elections Related Posts. We do not work with individual clients after you click on affiliate links. Zerodha The Pioneer Discount Broker. Open Demat Account with Paytm Money. It proposes to utilise a portion of the Net Proceeds of this Issue, towards purchase of machinery for manufacturing Chickpea Flour Besan and Roasted Gram Flour Sattu in its existing manufacturing unit.

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Strategically located manufacturing facilities with modern infrastructure and integrated manufacturing facilities with a core focus on quality. The scheme seeks to provide investment returns that commensurate to the total returns of the Nifty IT Index. View More. Net offer to Public 41,24, Sh. Those allotted will receive their shares in their demat accounts. UPI payment mode is to be used to apply online through Zerodha. Day 2 Nov 06, The anchor portion is generally carved out of the QIB portion and so the QIB quota available to the public will be reduced by the anchor size. They also market the by-products and waste materials, i. We have made completely un-biased reviews of stock brokers, we leave it up to you to choose the right stock broker for your financial needs. Know More. 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" ;.