anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

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MARKET

IPO Synopsis
Baba Food Processing India Ltd
Registered Office: 6th Flr Home Decor Building, Ratu Road Ranchi G P O, Ranchi - 834001, Jharkhand
Phone: 1
Email: 1
Website: 1
Initial public offer of upto 43,26,400 equity shares of face value of Rs. 10/- each ("Equity Shares") of Baba Food Processing (India) Limited (the "Company" or "Baba Food" or "Issuer") at an issue price of Rs. 76 per equity share (including a share premium of Rs. 66 per equity share) for cash, aggregating up to Rs. 32.88 crores ("Public Issue") out of which 2,17,600 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 76 per equity share for cash, aggregating Rs. 1.65 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 41,08,800 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 76 per equity share for cash, aggregating up to Rs. 31.23 crores is hereinafter referred to as the "Net Issue". The public issue and net issue will constitute 26.50 % and 25.17 % respectively of the post-issue paid-up equity share capital of the company.
Issue Money Payable On
Opens On Closes On Application Allotment
03-Nov-2023 07-Nov-2023 76.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 0.00
Project Financed through Current Offer 32.88
Post Issue Equity Share Capital 0.00
Issue Price 76.00
Projects
Investment in PFPL for setting up a manufacturing unit Patna, Bihar comprising an ultra modern highly automated roller flour mills and chakki whole wheat atta mill
Funding purchase of ,achinery for manufacturing chickpea flour (Besan) and roasted gram flour (Sattu) in its existing manufacturing unit in
Funding working capital requirements of the company
Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company
General corporate purposes
Promoted By
Yogesh Kumar Sahu
NSE - SME
Registrar to the Issue
Attention Investor
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