Papadmalji Agro Foods IPO Subscription Day 3: 2.54x

Mumbai, October 1: Papadmalji Agro Foods IPO was subscribed 2.54 times on the third and final day of bidding on Thursday, October 1, 2026. The issue received bids for 6,74,40,000 shares against 26,59,200 shares offered, according to subscription data as of 5:09:58 PM.

The QIB (Ex Anchor) portion was subscribed 86.85 times, receiving bids for 2,77,19,200 shares against 32,000 shares offered.

The NII category was subscribed 1.32 times, with bids for 1,03,68,800 shares against 7,87,200 shares offered. Within the NII segment, the bNII portion was subscribed 1.66 times, while the sNII portion was subscribed 0.64 times.

The individual investors’ portion was subscribed 1.59 times, receiving bids for 2,98,28,000 shares against 18,40,000 shares offered.

The IPO received a total of 958 applications as of the latest subscription update.

Papadmalji Agro Foods IPO Subscription Status Day 3

Category	Subscription (x)	Shares Offered	Shares Bid For	Total Amount (₹ Cr.)
QIB (Ex Anchor)	86.85x	32,000	2,77,19,200	20.010
NII	1.32x	7,87,200	1,03,68,800	7.465
bNII (> ₹10L)	1.66x	5,23,200	86,72,700	6.244
sNII (< ₹10L)	0.64x	2,64,000	16,96,800	1.221
Individual Investors	1.59x	18,40,000	2,98,28,000	21.082
Total	2.54x	26,59,200	6,74,40,000	48.557

The market maker portion stood at 1,44,000 shares, with bids received for the entire reserved portion.

Papadmalji Agro Foods IPO Day-Wise Subscription Trend

Date	QIB (Ex Anchor)	NII	NII (> ₹10L)	NII (< ₹10L)	Individual Investors	Total
Sep 29 (Day 1)	86.85x	0.01x	0.00x	0.02x	0.51x	1.40x
Sep 30 (Day 2)	86.85x	0.32x	0.41x	0.15x	0.80x	1.70x
Oct 1 (Day 3)	86.85x	1.32x	1.66x	0.64x	1.59x	2.54x

Papadmalji Agro Foods IPO Details

Papadmalji Agro Foods IPO is a book-built issue of ₹20.18 crore. The issue comprises a fresh issue of 25.73 lakh shares aggregating to ₹18.52 crore and an offer for sale of 2.30 lakh shares aggregating to ₹1.66 crore.

The IPO had a price band of ₹69 to ₹72 per share, with a lot size of 1,600 shares. The minimum investment required by an individual investor was ₹2,30,400 for 3,200 shares at the upper end of the price band.

The IPO opened for subscription on September 29 and closed on October 1, 2026. The issue is scheduled to list on the NSE SME platform on October 7, 2026.

Papadmalji Agro Foods IPO Issue Size

Particulars	Details
Total Issue Size	28,03,200 shares
Fresh Issue	24,28,800 shares
Offer for Sale	2,30,400 shares
Market Maker Reservation	1,44,000 shares
Issue Size	₹20.18 crore
Price Band	₹69 to ₹72
Face Value	₹10 per share
Lot Size	1,600 shares
Issue Type	Bookbuilding IPO
Sale Type	Fresh Capital cum OFS
Listing	NSE SME

Papadmalji Agro Foods IPO Lot Size

Investors could bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereafter.

Application	Lots	Shares	Amount
Individual Investors (Min)	2	3,200	₹2,30,400
Individual Investors (Max)	2	3,200	₹2,30,400
S-HNI (Min)	3	4,800	₹3,45,600
S-HNI (Max)	8	12,800	₹9,21,600
B-HNI (Min)	9	14,400	₹10,36,800

Papadmalji Agro Foods IPO Allotment and Listing Date

The tentative allotment of Papadmalji Agro Foods IPO is expected to be finalised on October 5, 2026. Refunds are scheduled for October 6, while shares are expected to be credited on the same day.

The IPO is scheduled to list on the NSE SME platform on October 7, 2026.

Event	Date
IPO Open	September 29, 2026
IPO Close	October 1, 2026
Allotment	October 5, 2026
Refund	October 6, 2026
Credit of Shares	October 6, 2026
Listing	October 7, 2026

About Papadmalji Agro Foods Ltd.

Incorporated in January 2017, Papadmalji Agro Foods Limited is engaged in the manufacturing and marketing of papads and related food products. The company manufactures hand-made papads, machine-made papads, machine-ready-to-fry papads, rice papads, vrat-special papads and moongdi.

The company also undertakes white-label manufacturing of hand-made papads for clients and trades in cereal pellets under its own brand. Its products are marketed under brands including Zhakaas, Vishal, Rozana, Diamond and Papadmalji.

Conclusion

Papadmalji Agro Foods IPO closed with an overall subscription of 2.54 times on Day 3. The QIB portion recorded the highest subscription at 86.85 times, followed by the retail portion at 1.59 times and the NII portion at 1.32 times.

Source:

• https://www.nseindia.com/market-data/issue-information?symbol=PAPADMALJI&series=SME&type=Active