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Baba Food Processing IPO Opens On 3 Nov: Know All About It Here

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Last updated on October 31, 2023

Baba Food Processing IPO GMP

Baba Food Processing IPO description – Baba Food Processing is primarily engaged in the business of manufacturing fiber Whole Wheat Atta (Wheat Flour), Refined Flour (Maida), Tandoori Atta, and Semolina flour (Sooji). The company’s state-of-the-art manufacturing unit is situated in Ranchi and houses two divisions namely, high-fiber whole wheat atta division and refined flour division.

Its manufacturing unit is equipped with highly automated Buhler’s Swiss Technology Pesa Mill with an installed capacity of 200 Tons per day. Baba Food Processing also markets and sells Chickpea Flour (Besan) and Roasted Gram Flour (Sattu) under the brand ‘Panchakanya’, however, it procures these products from third-party manufacturers.

Baba Food Processing has established its presence in Jharkhand, Odisha, and West Bengal for marketing and sells the products directly to wholesalers and large retailers. During the three months ended 30 June 2023, revenue earned from local retailers accounted for 38.04% of the total revenue earned by the company.

Baba Food Processing India IPO

Promoters of Baba Food Processing – Yogesh Kumar Sahu

Table of Contents


Baba Food Processing IPO Details

Baba Food Processing IPO Dates 3 – 7 November 2023

Baba Food Processing India IPO Price INR 72 – 76 per share

Fresh issue INR 33.0 crore

Offer For Sale Nil

Total IPO size INR 33.0 crore

Minimum bid (lot size) 1,600 shares (INR 121,600)

Face Value  INR 10 per share

Retail Allocation 69%

Listing On NSE SME

Baba Food Processing India Financial Performance

  FY 2021 FY 2022 FY 2023 Q1 FY 2024

Revenue 106.55 97.11 189.54 41.35

Expenses 104.60 94.75 182.66 38.62

Net income 1.98 2.01 5.03 1.92
Figures in INR Crores unless specified otherwise

Baba Food Processing India Offer News


Baba Food Processing India Valuations & Margins

FY 2021 FY 2022 FY 2023

EPS 4.13 4.19 4.20

PE ratio 17.14 – 18.10

RONW (%) 12.02 10.08 20.14

NAV 34.35 41.59 20.83

EBITDA (%) 5.31 5.47 5.84

ROCE (%) 10.46 8.41 15.81

Debt/Equity 1.40 1.33 1.13
*Compiled by IPO Central from Prospectus

Baba Food Processing IPO GMP Today


Baba Food Processing IPO Subscription – Live Updates

Coming soon


Baba Food Processing IPO Allotment Status

Baba Food Processing IPO allotment status will be available on Mas Services’ website. Click on Mas Services IPO weblink to get allotment status.


Baba Food Processing IPO Dates & Listing Performance

IPO Opening Date 3 November 2023

IPO Closing Date 7 November 2023

Finalization of Basis of Allotment 10 November 2023

Initiation of refunds 13 November 2023

Transfer of shares to demat accounts 15 November 2023

IPO Listing Date 16 November 2023

Opening Price on NSE SME Coming soon

Closing Price on NSE SME Coming soon

Baba Food Processing Offer Lead Manager

HORIZON MANAGEMENT PRIVATE LIMITED
19 R N Mukherjee Road, Main Building,
2nd Floor, Kolkata- 700 001, West Bengal
Tel No: +91 33 46000607
Email: [email protected]
Website: www.horizonmanagement.in


Baba Food Processing Offer Registrar

MAS SERVICES LIMITED
T-34, 2nd Floor, Okhla Industrial Area,
Phase – II, New Delhi -110 020, Delhi, India
Phone: +91 112 638 7281/83, 4132 0335
Email: [email protected]
Website: www.masserv.com


BABA FOOD PROCESSING (INDIA) LIMITED
6th Floor, Home Decor Building, Opposite Durga Mandir,
Ratu Road, Ranchi G.P.O., Ranchi – 834 001, Jharkhand
Phone: +91 915 519 2834
E-mail: [email protected]
Website: www.babafood.in


IPO FAQs

What is the Baba Food Processing India IPO size?

Baba Food Processing India’s IPO size is INR 33.00 crores.

What is the Baba Food Processing offer price band?

Baba Food Processing India’s public offer price is INR 72 – 76 per share.

What is the lot size of the Baba Food Processing IPO?

Baba Food Processing offer lot size is 1,600 shares.

What is Baba Food Processing IPO GMP today?

Baba Food Processing IPO GMP today is INR 25 per share.

What is the Baba Food Processing kostak rate today?

Baba Food Processing kostak rate today is NA per application.

What is Baba Food Processing Subject to the Sauda rate today?

Baba Food Processing Subject to Sauda rate today is INR 29,000 per application.

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