Baba food processing ipo gmp today

Their manufacturing unit is situated in Ranchi and houses two divisions namely, the high fibre whole wheat atta division and refined flour division. They also commercialize the by-product and waste material, i. They propose to utilise a portion of the Net Proceeds of this Issue, towards the purchase of machinery for manufacturing Chickpea Flour Besan and Roasted Gram Flour Sattu baba food processing ipo gmp today their existing manufacturing unit.

Premium: Rs. On 7 November 5. Its manufacturing unit is situated in Ranchi and houses two divisions namely, high fibre whole wheat atta division and refined flour division. It also commercialises the by-product and waste material, i. It proposes to utilise a portion of the Net Proceeds of this Issue, towards purchase of machinery for manufacturing Chickpea Flour Besan and Roasted Gram Flour Sattu in its existing manufacturing unit.

Baba food processing ipo gmp today

Baba Food Processing IPO lot size is that the investors can bid for a minimum of 1, shares and in multiples thereof. Baba Food Processing is an enterprise that produces agricultural foods. The company, which manufactures wheat floor products, has established itself in both bulk and branded consumer food categories. A broad variety of products are produced by the company, such as Tandoori Atta, Whole Wheat Atta wheat flour , and Semolina flour Sooji. The following goals are what the company plans to use the net proceeds from the offering for: Investment in our fully owned subsidiary Panchakanya Foods Private Limited "PFPL" to establish a manufacturing facility in Patna, Bihar, consisting of a highly automated roller flour mill and chakki whole wheat atta mill henceforth referred to as the "Project" ; financing the purchase of machinery for producing Roasted Gramme Flour Sattu and Chickpea Flour Besan in our current Ranchi manufacturing facility; financing the Company's working capital requirements; prepayment or repayment of all or a portion of certain outstanding unsecured borrowings obtained by the Company; and for general corporate purposes. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions. Milestone Alert! Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed — it's all here, just a click away! Login Now! Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile! Looks like you have exceeded the limit to bookmark the image.

The anchor allotment is normally done a day ahead of the IPO opening. Yes, Continue.

The final price will be discovered via book building in this band. Since there is no offer for sale portion, the total size of the fresh issue will also be the total size of the IPO. The minimum lot size for the IPO investment will be 1, shares. That is also the maximum that the retail investors can invest in the IPO. The market maker for the issue is Nikunj Stock Brokers Ltd and they will provide two-way quotes to ensure liquidity on the counter and low basis costs, post listing. Post the IPO, the promoter stake will get diluted from

Baba Food Processing IPO lot size is that the investors can bid for a minimum of 1, shares and in multiples thereof. Baba Food Processing is an enterprise that produces agricultural foods. The company, which manufactures wheat floor products, has established itself in both bulk and branded consumer food categories. A broad variety of products are produced by the company, such as Tandoori Atta, Whole Wheat Atta wheat flour , and Semolina flour Sooji. According to media reports, between the financial year ending on March 31, , and March 31, , Baba Food Processing India Limited saw a Investment in our fully owned subsidiary Panchakanya Foods Private Limited "PFPL" to establish a manufacturing facility in Patna, Bihar, consisting of a highly automated roller flour mill and chakki whole wheat atta mill henceforth referred to as the "Project" ; financing the purchase of machinery for producing Roasted Gramme Flour Sattu and Chickpea Flour Besan in our current Ranchi manufacturing facility; financing the Company's working capital requirements; prepayment or repayment of all or a portion of certain outstanding unsecured borrowings obtained by the Company; and for general corporate purposes. The issue received positive response from retail investors who's portion set was subscribed QIBs portion was subscribed The company has received bids for 27,54,06, shares against 41,08, shares on offer, at IST, according to data on chittorgarh. It has posted incremental profits for the reported periods.

Baba food processing ipo gmp today

Investors can find out if and how many shares they have been given through the basis of allotment. The number of shares allotted can also be seen in the IPO allotment status. The company has initiated the refund process for applicants not given shares, which would have begun today. Those allotted will receive their shares in their demat accounts. Step 2 Once investors have accessed the initial allotment status page of MAS Services, they have two options.

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Disclaimer: InvestorGain. Investor Category. One is the display ad - broker related and IPO related. Enquire Now. Open Zerodha Account. We do not give tips, recommendations or buy or sell calls. Shares offered to Shares Rs. The scheme seeks to provide investment returns that commensurate to the total returns of the Nifty IT Index. We have made completely un-biased reviews of stock brokers, we leave it up to you to choose the right stock broker for your financial needs. Nil Anchor Shares Offered. Submit Rating. Log in to Upstox Application with your credentials. Diversified Product Basket Strong brand recall and established track record.

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Request Instant Call Back. Normally, the anchor allocation is carved out of the QIB quota, and in this case, with just 1. Mint Premium View Less -. Open Instant Account. Enquire Now. Subscription times. Copyright by InvestorGain. General Corporate Purposes. Click: BigGaddi. Start Investing Now! The subscription has shown strong traction for the IPO across all categories of investors. Podcasts View Less -. Subscribe to continue This is a subscriber only feature Subscribe Now to get daily updates on WhatsApp. A total of 2,17, shares were allocated as market maker portion to Nikunj Stock Brokers Ltd, which will act as market maker inventory to provide bid-ask liquidity on the counter post listing.