Baba Food Processing India Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 02-11-2023 | 06-11-2023 | 10 | 0 | 1600 | NSE SME | N/A | 2023-11-09 18:30:00 | 2023-11-12 18:30:00 | 2023-11-14 18:30:00 | 15-11-2023 |
About The Company
Baba Food Processing IPO is a book built issue of Rs 33.00 crores. The issue is entirely a fresh issue of 43.42 lakh shares.
Baba Food Processing IPO opens for subscription on November 3, 2023 and closes on November 7, 2023. The allotment for the Baba Food Processing IPO is expected to be finalized on Friday, November 10, 2023. Baba Food Processing IPO will list on NSE SME with tentative listing date fixed as Thursday, November 16, 2023.
Baba Food Processing 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.
Horizon Management Private Limited is the book running lead manager of the Baba Food Processing IPO, while Mas Services Limited is the registrar for the issue. The market maker for Baba Food Processing IPO is Nikunj Stock Brokers.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 29-06-2023 | 6980 | 4139 | 192 | 2692.36 | 1492.26 | 3250.94 |
| 30-03-2023 | 6812 | 18964 | 503 | 2499.97 | 2019.97 | 3266.54 |
| 30-03-2022 | 5468 | 9756 | 201 | 1996.53 | 1516.53 | 2766.6 |
| 30-03-2021 | 4584 | 10770 | 198 | 1648.95 | 1168.95 | 2325.45 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | 121600 |
| Retail (Max) | 1 | 1600 | 121600 |
| HNI (Min) | 2 | 3200 | 243200 |
IPO Listing Details
| Listing Date | 15-11-2023 |
| BSE Script Code | N/A |
| NSE Symbol | N/A |
| ISIN | N/A |
| Final Issue Price | 0 |
Promoter holdings
Yogesh Kumar Sahu
Contact Information of the Company
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/
IPO Registrar
Mas Services Limited
Phone: (011) 2610 4142
Email: info@masserv.com
Website: http://www.masserv.com
IPO Lead Manager
Horizon Management Private Limited