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AF

Abram Food IPO

Listed SME BSE SME · Other Food Products

Price Band

₹

Issue Size

₹13.99 Cr

Lot Size

1,200 shares

Min Investment

₹117,600

GMP

Grey Market Premium — the unofficial premium buyers are currently willing to pay over the issue price once this IPO lists. It's an informal market estimate, not guaranteed, and can move daily right up to listing day. Learn more: GMP vs Kostak vs Sauda →

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Issue Price

₹98.0

Abram Food IPO AI Summary

  • Abram Food IPO is listed on BSE SME in the Other Food Products sector.
  • Subscription window: 24 Jun–26 Jun 2025, listing on 01 Jul 2025.

Abram Food Limited is poised to grow with its diverse product offerings in the food sector and a solid distribution network. The company's financial performance shows a positive trend in both revenue and profit, making it an interesting option for investors considering the food manufacturing industry.

TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.

Abram Food IPO — Third-Party Research Views

Reviews below reflect analyst calls made before this IPO closed on 26 Jun 2025 — not a current signal.

May Apply 25 Jul

Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.

Important Dates

IPO Open Date
Tue, 24 Jun 2025
IPO Close Date
Thu, 26 Jun 2025
Allotment Date
Fri, 27 Jun 2025
Refund Initiation
Mon, 30 Jun 2025
Credit of Shares
Mon, 30 Jun 2025
Listing Date
Tue, 01 Jul 2025
Listing Price
₹98.0 +0.0%

Subscription Status

Subscription data unavailable

Abram Food IPO Grey Market Premium (GMP) Today

GMP not available yet

Grey Market Premium is updated daily. Check back closer to the listing date.

About the Company

Incorporated in 2009, Abram Food Limited is engaged in the manufacturing and trading of Chana Dal, Flour (Chakki Atta), Besan, Multi multi-grain atta, Maida, Sooji, Spices, Cattle Feed (khali), and edible oils. The Company markets and sells its product range in Rajasthan, Delhi/NCR, and Uttar Pradesh under the brand name "Kherliwala" through a network of distributors. The company provides Chana Dal, Atta, Besan, Chana Churi, and Cattle Feed (Khal) in bulk (30-50 kg packaging) to distributors, who sell them in loose quantities at retail outlets. The company processes products like chana dal, flour, spices, besan, and cattle feed without artificial preservatives or chemicals, ensuring quality and freshness at every step, from procurement to packaging. The company offers a range of flours, including Rajasthan Royal Besan, Maida, Suji, Chakki Fresh Atta, and Multi Grain Atta, along with various oils and spices. The company operates a manufacturing facility at B-34, Matsya Industrial Area, Alwar, Rajasthan, covering 3000 sq. meters, equipped for efficient cleaning, drying, grinding, and packaging to serve Rajasthan and Delhi/NCR. Product Portfolio: Rajasthan Royal Besan, Rajasthan Royal Chakki Fresh Aata, Rajasthan Royal Maida, Rajasthan Royal chilli Powder, etc. As of November 30, 2024, the company has 15 employees. Competitive Strengths: Strategically located manufacturing facilities. Extensive and well-established sale and distribution network. They have an experienced and professional senior management team. Standing Relationship with the customers. Optimum Utilization of resources.

Company Financials (₹ Cr)

As of 2025-03-31

Period Ended 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 17.09 10.62 7.73
Total Income 64.09 36.14 33.16
Profit After Tax 3.26 1.02 0.48
EBITDA 5.07 1.96 1.03
NET Worth 8.43 4.15 3.13
Reserves and Surplus 4.70 1.26 2.89
Total Borrowing 7.13 6.01 4.39

Key Ratios

EPS

₹8.74

NAV

₹22.62

ROE

38.62%

ROCE

56.02%

RoNW

38.62%

P/B Value

4.33

P/E Ratio

11.22

Market Cap

₹50.51 Cr

PAT Margin

5.08%

Debt/Equity

0.85

Peer Comparison

Company NAV RoNW P/E (x) EPS Basic EPS Diluted
Jetmall Spices and Masala 15.06 -8.26% -9.6 -1.24 -1.24
Contil India 7.46 18.16% 18.63 1.63 1.63
HOAC Food India 29.62 21.82% 27.89 6.69 6.69
Abram Food This IPO 22.62 38.62% 10.83 9.05 9.05

Promoters

Brij Bhushan, Mona Singhal and Arpit Gupta

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Capital Expenditure for purchase of machineries 3.85 2 Funding of Working Capital Requirement of the company 6.70 3 General Corporate Purposes 2.05 4 Issue Expenses 1.40 Total 13.99

IPO Evaluation

Generated 23 Sep 2026

Revenue Trend

Total income increased from ₹33.16 Cr in the year ended 31 Mar 2023 to ₹36.14 Cr by 31 Mar 2024, and further rose to ₹64.09 Cr by 31 Mar 2025. This shows a significant growth trend in revenue over the periods analyzed.

Profit Trend

Profit After Tax grew from ₹0.48 Cr in the year ended 31 Mar 2023 to ₹1.02 Cr by 31 Mar 2024, and then increased to ₹3.26 Cr by 31 Mar 2025. This indicates a strong upward trend in profitability over the analyzed periods.

Valuation

Abram Food's implied P/E ratio at the issue price of ₹98 is approximately 11.22, compared to peers trading at P/E ratios ranging from -9.6 to 27.89.

Grey Market Premium, Explained

The grey market refers to the unofficial trading of shares before they are listed on the stock exchange. The Grey Market Premium (GMP) indicates the expected listing price of an IPO based on unofficial trading activity. A positive GMP suggests that the stock may list at a higher price than the issue price, while a negative GMP indicates the opposite.

Who This IPO Suits

Investors comfortable with short-term volatility and a long-term investment horizon typically weigh IPOs like this against their overall portfolio strategy and risk tolerance. It's important to consider the company's growth potential and market position.

Who May Want to Wait

Investors who are risk-averse or those looking for stable, established companies may want to avoid IPOs like this that can be more volatile and uncertain in the early stages.

IPO Timeline, Explained

The IPO process includes several key dates: the issue opens on 24 June 2025 and closes on 26 June 2025. Allotment of shares will occur on 27 June 2025, with the listing date set for 1 July 2025.

Listing Gains — The Risk

Investing in IPOs carries the risk of not achieving expected listing gains. Market conditions, investor sentiment, and the company's performance can all impact the stock's price on the day of listing. It's essential to be aware that listing gains are not guaranteed.

This evaluation is generated from Abram Food's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.

Frequently Asked Questions

When does Abram Food IPO open and close?

Abram Food IPO opens on 24 June 2025 and closes on 26 June 2025.

When does Abram Food IPO list on the stock exchange?

Abram Food IPO listed on 01 July 2025 at ₹98.0.

What is the lot size for Abram Food IPO?

The lot size for Abram Food IPO is 1200 shares, requiring a minimum investment of ₹117,600.

What is the lot size for this IPO?

The lot size for Abram Food's IPO is 1200 shares.

What is the minimum investment required?

The minimum investment required is ₹117,600.

What is the issue price of the shares?

The issue price of the shares is ₹98.0.

When is the listing date for the IPO?

The listing date is 1 July 2025.

What does GMP mean?

GMP stands for Grey Market Premium, indicating the expected listing price of the IPO based on unofficial trading.

Issue Details

Issue Type SME Book Built
Issue Size ₹13.99 Cr
Price Band ₹ (Fixed)
Issue Price ₹98.0
Lot Size 1,200 shares
Min Investment ₹117,600
Exchange BSE SME
Sector Other Food Products
Open Date 24 Jun 2025
Close Date 26 Jun 2025
Allotment 27 Jun 2025
Listing Date 01 Jul 2025

Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

Kfin Technologies Ltd.

Lead Managers / Book Running

Corporate Makers Capital Ltd.

IPO Timeline

Open

24 Jun 2025

Close

26 Jun 2025

Allotment

27 Jun 2025

Listing

01 Jul 2025

Community Sentiment

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