IPO details · Updated
Q&T Foods Limited
- Price Band
- ₹115
- Lot Size
- 1,200 shares
- Min. Investment
- ₹1,38,000
- Issue Size
- ₹26.23 Cr
- Offer Dates
- 12 Aug – 14 Aug 2026
- Listing
- 19 Aug 2026
Issue Details
- Total Issue Size
- ₹26.23 Cr
- 22,81,200 shares
- Fresh Issue
- ₹26.23 Cr
- 22,81,200 shares
- Offer for Sale
- ₹0 Cr
- Face Value
- ₹10 per share
- Issue Type
- Book-built IPO
- Listing At
- BSE SME
- Shares Pre-Issue
- 47,96,000
- Shares Post-Issue
- 70,77,200
IPO Timeline
Offer opens
12 Aug 2026
Offer closes
14 Aug 2026
Allotment
17 Aug 2026
Listing
19 Aug 2026
Issue Allocation
Share of the offer reserved for each investor category
- HNI47.5%10,83,600 shares
- Retail47.5%10,83,600 shares
- MarketMaker5.0%1,15,200 shares
Subscription Status
Times subscribed by investor category
| Category | Offered | Bids | Subscribed |
|---|---|---|---|
| NII | 10,83,600 | 2,16,720 | 0.20x |
| Retail | 10,83,600 | 28,60,704 | 2.64x |
| Total | 21,67,200 | 30,77,424 | 1.42x |
Lot Size & Investment
1 lot = 1,200 shares
Retail (min)
2 lots · 2,400 shares
Retail (max)
2 lots · 2,400 shares
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 2 | 2,400 | ₹2,76,000 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Assets | 26.57 | 19.68 | 14.34 |
| Total Income | 54.78 | 46.83 | 40.22 |
| Profit After Tax | 5.2 | 2.74 | 1.96 |
| EBITDA | 8.37 | 4.82 | 3.77 |
| Net Worth | 12.24 | 7.04 | 2.44 |
| Reserves & Surplus | 7.44 | 2.24 | 2.34 |
| Total Borrowing | 11.05 | 10.11 | 9.84 |
Key Performance Indicators
| Period | Mar-26 | Mar-25 |
|---|---|---|
| ROE (%) | 53.95 | 57.71 |
| ROCE (%) | 70.88 | 60.69 |
| EPS (₹) | — | 10.84 |
| P/E (pre-issue) | — | 10.61 |
| P/E (post-issue) | — | 15.65 |
Peer Comparison
Listed companies in the same business
| Company | P/E | ROE |
|---|---|---|
| Mrs.Bectors Foods Specialties Ltd. | 54.37 | 10.11% |
About Q&T Foods Limited
Incorporated in August 2018, Q&T Foods Limited is a bakery products manufacturer engaged in the production, distribution, marketing, and sale of breads, buns, pizza bases, kulchas, pav, and other bakery products under its flagship brand "American Bakers". The company primarily operates in Uttar Pradesh and nearby regions, offering a diversified portfolio of bakery products including Milk Bread, White Bread, Brown Bread, Multigrain Bread, Burger Buns, Pav, Kulcha, and Pizza Bases. Its products are distributed through a network of 50+ dealers, catering to local consumers and retail outlets. Q&T Foods manufactures all products at its ISO 22000:2018 and HACCP-certified manufacturing facility located in Ghaziabad, Uttar Pradesh, spread across 10,750 sq. ft. with an installed capacity of 9,472 TPA. The company follows stringent quality control processes and procures key raw materials such as flour, sugar, yeast, oils, and additives from suppliers across Uttar Pradesh. The company has demonstrated steady growth, with revenue from operations increasing from ₹36.85 crore in FY23 to ₹46.83 crore in FY25, supported by expanding distribution reach and operational efficiencies. As of June 30, 2026, Q&T Foods employed 37 personnel across production, sales, quality control, administration, and support functions. Strengths: Established "American Bakers" brand in the regional bakery market. Modern ISO 22000:2018 & HACCP-certified manufacturing facility. Strong distribution network with 50+ dealers. Focus on quality assurance and timely product delivery. Experienced promoter with deep bakery industry expertise. Fully integrated in-house manufacturing operations. Consistent revenue growth and improving profitability. Diverse product portfolio catering to everyday bakery consumption.
Objects of the Issue
- To finance the Capital expenditure requirements for the purchase of Equipment/Machineries for existing manufacturing facility (₹4.42 Cr)
- To part finance the requirement of Working Capital (₹7.50 Cr)
- Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company (₹6.75 Cr)
- To meet General corporate purposes (₹3.92 Cr)
Promoters
- <p>Nishant Raj Gupta
- Khushbu Varshney
- Usha Gupta
- Rakesh Gupta</p>
Company Information
- Book running lead managers
- Corporate Makers Capital Ltd.
- Registered office
- 1/361 SF, Vaishali, Ghaziabad, Uttar Pradesh, 201010
- Market maker
- Prabhat Financial Services Ltd.
Official Documents
Opens the source filing in a new tab
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