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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Papadmalji Agro Foods Limited is a Bikaner-based manufacturer of various papad products, moongodi, and cereal pellets, operating through both in-house and white-label manufacturing models.
| Day | Total |
|---|---|
| Day 2 · 30 Sep | 1.63× |
| Day 3 · 1 Oct | 2.46× |
QIB = qualified institutional buyers, NII = non-institutional (HNI) investors, Retail = individual bids up to ₹2 lakh. Figures are end-of-day captures; the final day's number can rise further after 5 PM as the exchange consolidates bids.
From 0.0% on 30 Sep to 0.0% on 1 Oct — essentially flat over 2 captures. Grey-market sentiment, not a price: it is unregulated and can reverse into listing.
Headquartered in Bikaner, Rajasthan, the company is an ISO 22000:2018 certified enterprise engaged in the manufacturing of handmade and machine-made papads, rice papads (khichiya), vrat-special papads, and moongodi. It also undertakes white-label manufacturing for other brands and trades in cereal pellets.
The company utilizes a multi-channel distribution network including general trade, modern trade, quick-commerce platforms, and its own direct-to-consumer website. Its production model combines traditional hand-rolling techniques, supported by women workers (Bataris), with mechanized processes to ensure scalability and consistency.
Only the fresh-issue half funds the company. Offer-for-sale money goes to shareholders selling out — it changes who owns the business, not what the business can spend.
Since its listing-day close it has moved -40.6%, while the Nifty moved +6.0% over the same 18 sessions. Windows are measured vs the issue price and fill in as sessions trade.
Full stock analysis for PAPADMALJI →At the upper band of ₹72 and FY26 diluted EPS of ₹7.64, the issue is priced at 9.4× earnings.
The RHP names no listed peers with a comparable P/E for this issue.
Peer multiples are as printed in the RHP (priced on its record date) and differ in size, growth and quality — a P/E comparison describes where the price sits, not whether it is right. Not a recommendation.
This row was written the day before listing and has not been edited since. Right or wrong, it stays.
GMP is unofficial, unregulated grey-market chatter. It moves hourly, it is not a quoted price, and listing prices routinely diverge from it. Nothing on this page is a recommendation to apply for or avoid this issue — it is the public record plus a description of the business, published for education. The business profile is an AI summary of the company's red herring prospectus; every figure shown was checked to appear in the prospectus text, and anything that didn't match was left out. Read the RHP itself before relying on any of it.
Papadmalji Agro Foods listed on 7 Oct 2026 at Rs 72 against an issue price of Rs 72 — a gain of 0.4% on debut, versus a final grey market premium of 0.0%.
The Papadmalji Agro Foods IPO price band is Rs 69 to Rs 72 per share, with bidding open from 29 Sep 2026 to 1 Oct 2026. It is an SME issue.
On this SME issue an individual investor bids exactly 2 lots of 1,600 shares each — Rs 2,30,400 at the upper price band. Larger applications fall in the non-institutional (NII) category.
As of 4 Nov 2026, Papadmalji Agro Foods traded 43.3% below its issue price and 40.6% below its listing-day close; the Nifty moved +6.0% over the same period.
At the upper price band of Rs 72 and diluted EPS of Rs 7.64 (FY2026), the Papadmalji Agro Foods IPO is priced at about 9.4 times earnings. A P/E comparison describes where the price sits relative to peers; it is not a recommendation.
As of 1 Oct 2026, the Papadmalji Agro Foods IPO was subscribed 2.46 times overall, per official NSE bid data.
Across the 47 IPO listings this tracker has scored, the grey market premium called the listing direction correctly 83% of the time, missing the size of the move by a median 6.6 percentage points. Each final GMP is frozen the day before listing and scored publicly against the actual debut.
Trade Edge AI does not make apply/avoid calls — it is not a SEBI-registered Investment Adviser or Research Analyst. This page publishes the public record (issue details, GMP history, listing outcome) and a plain description of the business so you can make your own decision; read the RHP and consult a SEBI-registered adviser.