Baba Food Processing (India) Limited (BFPIL) is a public, non-government company that was incorporated in India on April 22, 2015. Its registered office is in Ranchi, Jharkhand.
BFPIL’s authorized share capital is ₹17,50,00,000.00 (₹17.50 Cr) and its paid up capital is ₹12,00,00,030.00 (₹12.00 Cr).
BFPIL’s legal address is:
6TH FLOOR, HOME DECOR BUILDING, OPPOSITE DURGA MANDIR, RATU ROAD
834001
Ranchi
BFPIL’s email address is babafoods.ranchi@gmail.com.
BFPIL’s IPO price band is set at ₹72 to ₹76 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹121,600. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹243,200.
Baba Food Processing India Limited IPO Timeline
| Particular | Date |
| IPO Open Date | 03 Nov 2023 |
| IPO Close Date | 07 Nov 2023 |
| Allotment Date | 10 Nov 2023 |
| IPO Listing Date | 16 Nov 2023 |
Baba Food Processing India Limited IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | Rs. 10 Per Equity Share |
| IPO Price | Rs.72 to Rs.76 Per Equity Share |
| Market Lot | 1600 Share |
| ISIN Code | |
| Listing At | NSE SME |
| Issue Size | Approx. Rs. 33 Crore. |
Baba Food Processing India Limited IPO Lot Size
| Application | Lots | Shares | Amount |
| Minimum | 1 | 1600 | Rs. 121000 |
| Maximum | 1 | 1600 | Rs. 121000 |
| Small HNI (Minimum) | 2 | 3200 | Rs. 243000 |
Baba Food Processing India Limited IPO Details Allotment Status
Company Financials:
| Particular | 31 March 2023 | 31 March 2022 | 31 March 2021 |
| Total Assets | 6811.54 | 5467.80 | 4583.95 |
| Total Revenue | 18964.17 | 9756.30 | 10769.55 |
| Profit After Tax | 503.44 | 201.26 | 198.14 |
Company Promoters:
The Promoter of our Company is Yogesh Kumar Sahu
Purpose of the Issue
- Investment in our wholly owned Subsidiary, Panchakanya Foods Private Limited (“PFPL”) for setting up a manufacturing unit in Patna, Bihar, comprising an ultra-modern highly automated roller flour mill and chakki whole wheat atta mill (hereinafter referred as the “Project”);
- Funding purchase of machinery for manufacturing Chickpea Flour (Besan) and Roasted Gram Flour (Sattu) in our existing manufacturing unit in Ranchi;
- Funding working capital requirements of the Company;
- Prepayment or repayment of all or a portion of certain outstanding unsecured borrowings availed by the Company; and
- General Corporate Purposes.
Registrar & Company Details
| Company Contact Information | IPO Registrar |
| Baba Food Processing India Limited 6th Floor, Home Decor Building, Opposite Durga Mandir, Ratu Road, Ranchi G.P.O., Ranchi – 834 001, Phone: +91 915 519 2834 Email: Website: https://www.babafood.in/ | Mas Services Limited Phone: (011) 2610 4142 Email: info@masserv.com Website: http://www.masserv.com |
