PapadmaljiAgro Foods Shares Rise 0.42% On NSE Debut

Mumbai, October 7: Papadmalji Agro Foods shares debuted at ₹72.30 on the NSE SME on October 7, 2026, against the IPO issue price of ₹72 per share. The listing price represented a 0.42% premium to the issue price.

PapadmaljiAgro Foods Shares List At ₹72.30 Against ₹72 Issue Price

Papadmalji Agro Foods shares made a marginally positive debut at ₹72.30 on the NSE SME, ₹0.30 above the final IPO issue price of ₹72. The company had fixed the issue price at the upper end of its ₹69–₹72 per share price band.

The IPO was scheduled to list on October 7, 2026, after the issue opened on September 29 and closed on October 1.

IPO Structure And Issue Details

The Papadmalji Agro Foods IPO was a combination of a fresh issue of 25.73 lakh shares worth ₹18.52 crore and an offer for sale of 2.30 lakh shares worth ₹1.66 crore. The total issue size stood at ₹20.18 crore.

The total issue comprised 28.03 lakh shares, including 1.44 lakh shares reserved for the market maker. After the market-maker reservation, the net offer to public investors stood at 26.59 lakh shares.

The IPO opened on September 29, 2026, and closed on October 1, 2026. The company fixed the issue price at ₹72 per share against the ₹69–₹72 price band. The lot size was 1,600 shares, taking the minimum retail application to ₹1,15,200 at the issue price.

The issue included both fresh capital and an offer for sale. The fresh issue proceeds were intended to form part of the company’s capital raised through the IPO, while the OFS component represented shares offered by existing shareholders.

IPO Subscription Data

The Papadmalji Agro Foods IPO was subscribed 2.54 times overall, according to the final subscription data. The QIB portion, excluding anchor investors, was subscribed 86.85 times, while the NII category recorded 1.32 times subscription.

Within the NII segment, the portion for applications above ₹10 lakh was subscribed 1.66 times, while the portion below ₹10 lakh was subscribed 0.64 times. The individual investor category was subscribed 1.59 times.

The final subscription data showed bids for 67.44 lakh shares against 26.59 lakh shares offered to public investors. The issue received 958 applications across the categories included in the displayed subscription data.

Conclusion

Papadmalji Agro Foods began trading on the NSE SME at ₹72.30 on October 7, 2026, against its ₹72 IPO issue price. The ₹20.18 crore issue comprised a fresh issue and an offer for sale and received 2.54 times overall subscription, with QIB investors recording 86.85 times subscription.

Source:

• https://www.nseindia.com/get-quote/equity/PAPADMALJI/Papadmalji-Agro-Foods-Limited