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Baba Food Processing limited IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Ranchi and caters to Agro - Flour Mill sector. Horizon Management Private is the merchant banker of Baba Food Processing limited IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 18th September 2023.
Baba Food Processing limited IPO open date is 3rd November 2023 and close date is 7th November 2023. IPO Allotment Date is 10th November 2023 and Listing date is 15th November 2023.Baba Food Processing limited IPO size is Rs 33.00 Cr. crores with IPO price of Rs 76.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Horizon Management Private Limited is the book-running lead manager of the Baba Food Processing limited IPO. Mas Services Limited is the Registrar and Market Maker is Nikunj Stock Brokers Limited for Baba Food Processing limited IPO.
Baba Food Processing limited IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Baba Food Processing limited IPO, based in Ranchi, operates in the Agro - Flour Mill sector with a focus on manufacturing high fibre Whole Wheat Atta (Wheat Flour). The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Baba Food Processing limited IPO size is ₹ 33.00 Cr. Crores with fresh issue size of Rs 33.00 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Baba Food Processing limited IPO is expected to be 10th November 2023, after the finalization of basis of allotment. Investors can check Baba Food Processing limited IPO allotment status on the registrars website, Mas Services Limited. Baba Food Processing limited IPO refund dates are 13th November 2023.
Baba Food Processing limited IPO is expected to be listed on 15th November 2023.
The upper price band for the Baba Food Processing limited IPO is set at ₹ 76.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Baba Food Processing limited IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Baba Food Processing limited IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 7th November 2023. After submission, funds are blocked until the basis of allotment of Baba Food Processing limited IPO is finalised.
The merchant banker for Baba Food Processing limited IPO is Horizon Management Private Limited . Horizon Management Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Baba Food Processing limited IPO RHP for further details.
The registrar for Baba Food Processing limited IPO is Mas Services Limited. Investors can go to Mas Services Limited registrar website for IPO allotment status, refund processing, and other queries related to Baba Food Processing limited IPO through their official website or helpline.
Baba Food Processing limited IPO was subscribed 69.44 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 33.00 Cr.
Avg IPO Size (Sector Based)
:
₹ 21.00 Cr.
Sector: Agro - Flour Mill
SME IPO so far:
2
Merchant Banker:
Horizon Management
SME IPO by BRLM so far:
47
City:
Ranchi
SME IPO so far:
3
Revenue (annualised):
₹ 165.40 cr.
PE
Ratio:
16.14x
Average Sector PE Ratio: 12.87x
Baba Food Processing limited IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Baba Food Processing limited Financial Review Page
Merchant Banker(s) of Baba Food Processing limited IPO: Horizon Management Private Limited
Baba Food Processing limited IPO subscription was 69.44 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Baba Food Processing limited IPO listed at a listing price of 72.20 against the offer price of 76.00.
The current market price of Baba Food Processing limited is 47.50.
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