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Peshwa Wheat IPOLISTED
Peshwa Wheat Limited is an Indore-based food processing company engaged in manufacturing wheat flour, gram flour, maize flour and other wheat-based products for B2B customers.
Listing price
₹100.06
−0.93%
Current price
—
Not available
Issue price
₹101
Upper band
Listed on
01 Oct 26
PESHWAWHEAT
- Open24 Sept
- Close28 Sept
- Allotment29 Sept
- Refund30 Sept
- Demat30 Sept
- Listing1 Oct
Listed at
₹100.06
-0.93% on 01 Oct 26
Overview
Price band
₹95-101
Lot size
1,200 shares
Minimum application 2 lots
Face value
₹10 / share
Issue type
Book Built Issue
Min. investment
₹2,42,400
2 lots · 2,400 shares
Listing at
BSE
Issue Size : 52,99,200 shares worth ₹53.52 Cr
- Fresh Issue : 52,99,200 shares worth ₹53.52 Cr
IPO Share Reservation
Total
94.43%
Lot size & investment
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | ₹2,42,400 |
| Retail (Max) | 2 | 2,400 | ₹2,42,400 |
| S-HNI (Min) | 3 | 3,600 | ₹3,63,600 |
| S-HNI (Max) | 8 | 9,600 | ₹9,69,600 |
| B-HNI (Min) | 9 | 10,800 | ₹10,90,800 |
Listing performance
Listing gain
−0.93%
Gain per retail lot
₹-2,256.00
Latest vs issue
—
GMP was
—
Latest price shows here when a live quote is available (NSE main-board stocks).
Subscription
- QIB177.12xQIB177.12xQualified Institutional BuyersShares offered 49,200Shares applied 87,14,000Bid amount ₹88.02 Cr
- NII (HNI)0.47xNII (HNI)0.47xNon-Institutional InvestorsShares offered 24,52,000Shares applied 11,60,000Bid amount ₹11.72 Cr
- S-HNI0.75xS-HNI0.75xSmall HNI · ₹2L – ₹10LShares offered 8,17,000Shares applied 6,11,000Bid amount ₹6.17 Cr
- B-HNI0.34xB-HNI0.34xBig HNI · above ₹10LShares offered 16,34,000Shares applied 5,50,000Bid amount ₹5.55 Cr
- Retail1.72xRetail1.72xRetail Individual InvestorsShares offered 25,03,000Shares applied 43,01,000Bid amount ₹43.44 Cr
- Total2.83xTotal2.83xAll categories combinedShares offered 50,04,000Shares applied 1,42,00,000Bid amount ₹143 Cr
Financials
| Period(₹ Cr) | Revenue | Expense | PAT | Assets | Borrowing |
|---|---|---|---|---|---|
| Mar 2024 | 43.81 | 37.12 | 5.21 | 31.17 | 7.93 |
| Mar 2025 | 171.55 | 155.51 | 11.84 | 65.95 | 22.6 |
| Mar 2026 | 215.96 | 194.72 | 15.81 | 80.6 | 23.74 |
KPI & Valuation
Key performance indicators
- ROE
- 44.96%
- PAT Margin
- 7.32%
- ROCE
- 33.44%
- EBITDA Margin
- 10.53%
- Debt to Equity Ratio
- 0.55
- Price to Book Value
- 3.22
- RoNW
- 36.71%
As of 31 Mar 2026
Valuation
- EPS Pre IPO
- ₹11.51
- EPS Post IPO
- ₹8.31
- P/E Pre IPO
- 8.77
- P/E Post IPO
- 12.15
Strengths & risks
Strengths
- Integrated Processing with 56,100 MTPA capacity.
- Strong Supply Chain from procurement to distribution.
- Quality Certifications including FSSAI and ISO 22000:2018.
- Established Procurement Network with grain suppliers.
- Capacity Expansion planned to 1,02,600 MTPA.
Risks
- Raw Material Volatility may impact margins.
- Regional Concentration with 97.21% FY2026 revenue from Madhya Pradesh.
- Intense Competition may pressure pricing.
- Supply Chain Risks could disrupt operations.
- Machinery Dependence may affect production during breakdowns.
Objects of the issue
| Purpose | Amount (₹ Cr) |
|---|---|
| Funding Capital Expenditure towards Purchase of Plant and Machineries. | 6.69 |
| Funding Capital Expenditure towards Civil Construction. | 5.01 |
| Funding working capital requirements of the Company. | 26.5 |
| General Corporate Purposes. | - |
Promoter Holdings
Company Promoter(s)
- Rahat Ali Saiyed
- Sadaf Saiyed
- Shehnaj
- Mo.Jed
- Riyazuddin Qureshi
Registrar & contacts
Registrar
Maashitla Securities Pvt.Ltd.
Company
Peshwa Wheat Limited
- 308 The One, A Block RNT Marg, Near Silver Mall, Tukoganj Indore, Madhya Pradesh, 452001
- +91 88788 76796
- info@peshwawheat.com
- https://peshwawheat.com/
Documents
Lead managers
About Peshwa Wheat
Peshwa Wheat Limited processes wheat-based products such as Atta, Sortex Wheat, Broken Wheat and Wheat Bran, along with Gram Flour (Besan) and Maize Flour. It also trades potatoes and tomatoes in Madhya Pradesh.
The company operates a 56,100 MTPA integrated flour processing unit in Indore, equipped with modern milling and cleaning technology. It follows strict quality controls and holds FSSAI licences and ISO 22000:2018 certification.
Peshwa Wheat primarily serves the B2B market across Madhya Pradesh, Maharashtra, Karnataka and Gujarat, selling through Super Stockists and directly to bulk customers such as restaurants, bakeries and wholesalers.
Business Model:
- Super Stockists – Products are supplied to super stockists for further distribution.
- Direct Sales – Products and vegetables are sold directly to bulk customers.
The company utilises wheat bran generated as a by-product for cattle feed, helping minimise waste during processing. As of March 31, 2026, Peshwa Wheat reported ₹215.94 crore in revenue from operations, with wheat products contributing 85.79% of revenue and other flour products contributing 10.62%.
As of March 31, 2026, the company has 24 permanent employees.