Peshwa Wheat IPO Details
Issue Date
24 Sep - 28 Sep'26
Price Band
₹95 - ₹101
Lot Size
1200 Shares
IPO Size
₹54 Cr
Listing At
BSE
Overall Subscription
2.62x
Peshwa Wheat IPO Listing Details
Listing On
1 Oct'26
Issue Price
₹101
Listed Price
₹ 100.05
Retail Gain/Listing Gain
-0.94%Decrease
Schedule of Peshwa Wheat IPO
IPO Open Date
24/09/2026
IPO Close Date
28/09/2026
Basis of Allotment
29/09/2026
Refund Initiation
30/09/2026
Credit of Shares
30/09/2026
Listing on exchange
01/10/2026
Peshwa Wheat IPO Subscription Status Live
(Last updated on 28 Sep 2026 03:45 PM)
Day | Total | QIB | Retail | NII |
|---|---|---|---|---|
Day 1 24-Sep-2026 | 1.72x | 177.12x | 0.04x | 0.11x |
Day 2 25-Sep-2026 | 1.97x | 177.12x | 0.48x | 0.19x |
Day 3 28-Sep-2026 | 2.45x | 177.12x | 1.32x | 0.34x |
About Peshwa Wheat IPO
Peshwa Wheat IPO, an SME IPO, opens on September 24, 2026 and closes on September 28, 2026. The allotment of shares will take place on September 29, 2026. The listing of shares will take place on October 1, 2026.The equity shares offered through the IPO are proposed to be listed on BSE SME.
Peshwa Wheat IPO's price band is set at ₹95 to ₹101 per share. The lot size for an application is 1,200 Shares. The minimum amount of investment required by a retail investor is 2 lots aggregating upto ₹2,42,400.
The offer is a fresh issue only with no offer for sale component. The fresh issue will include fresh issue of 52.99 lakh shares of ₹53.52 crore.
Engagement in processing of wheat and other flour products including Atta, Sortex Wheat, Broken Wheat, Gram Flour, and Maize Flour, alongside trading of vegetables.
Objectives of Peshwa Wheat IPO
- Funding Capital Expenditure towards Purchase of Plant and Machineries.
- Funding Capital Expenditure towards Civil Construction.
- Funding Working Capital Requirements.
- General Corporate Purposes.
Peshwa Wheat IPO Valuation
Detail | Information |
|---|---|
Upper Price Band | ₹101 |
Fresh Issue | 52,99,200 shares (agg. up to ₹54 Cr) |
Offer for Sale | - |
EPS Diluted (in ₹) for FY 26 | 11.51 |
Peshwa Wheat IPO Lot Size
Application | Lots | Shares | Amount |
|---|---|---|---|
Individual investors (IND) (Min) | 2 | 2400 | ₹2,42,400 |
Individual investors (IND) (Max) | 2 | 2400 | ₹2,42,400 |
S-HNI (Min) | 3 | 3600 | ₹3,63,600 |
S-HNI (Max) | 8 | 9600 | ₹9,69,600 |
B-HNI (Min) | 9 | 10800 | ₹10,90,800 |
Peshwa Wheat IPO Share Offer and Subscription Details
Investor Category | Shares Offered |
|---|---|
QIBs | Not more than 50% of the net offer |
Non-institutional Investors (NIIs) | Not less than 15% of the net offer |
Retail-individual Investors (RIIs) | Not less than 35% of the net offer |
Industry Outlook
India's food processing sector is one of the largest sectors in terms of production, growth, consumption, and export.
The agricultural and processed food products industry is driven by favourable government policies and growing demand for packaged food.
Technological advancements in milling and cleaning are transforming grain processing standards across the country.
About Peshwa Wheat Limited
Peshwa Wheat is engaged in the business of processing of wheat based products such as Atta wheat flour, Sortex Wheat, Broken Wheat and processing of other flour products such as Gram Flour (Besan) and Maize Flour.
The company operates with a modern, integrated flour processing unit equipped with advanced milling and cleaning technology located at Indore, Madhya Pradesh, with an installed capacity of 56100 MTPA.
The company markets its products in the B2B segment majorly in the states of Madhya Pradesh, Maharashtra, Karnataka and Gujarat through super stockists and direct bulk sales.
Strengths of Peshwa Wheat
- The Company has established end-to-end grain processing operations with capabilities to produce customised flour blends. This allows for operational efficiency, better cost control and flexibility to meet varied customer requirements.
- The Company controls its entire value chain from raw material procurement to finished goods distribution, enabling tighter quality control, cost management and supply consistency.
- The company uses standardised milling processes and quality checks at multiple stages, allowing it to maintain consistency in product quality and meet customer specifications. Adherence to stringent quality control measures, food safety standards (ISO, FSSAI) and hygiene protocols builds consumer confidence and ensures product safety.
- Long-standing relationships with grain traders, mandis and suppliers support timely procurement of quality grains at competitive prices, reducing raw material volatility risks.
Risks of Peshwa Wheat
- Grains require temperature-controlled or fumigated storage, and infestation can lead to losses, recalls or product damage.
- Rapid advancements in milling technology require continuous investment to remain competitive and may result in technological obsolescence.
- Grain processing requires maintaining adequate inventory of raw materials and finished goods, increasing working capital requirements and potentially affecting liquidity during cyclical or seasonal demand fluctuations.
- Managing by-products such as bran and other milling waste can be challenging and may require additional resources and infrastructure.
Peshwa Wheat Financials
Year | Year Data |
|---|---|
FY24 | 43.79 |
FY25 | 171.53 |
FY26 | 215.94 |
Peer Comparison
Company Name | Total Income (Cr) | P/E | EPS (Diluted) (₹) | NAV per share (₹) |
|---|---|---|---|---|
Peshwa Wheat Limited | 215.94 | - | 11.51 | 31.37 |
Baba Foods Processing India Limited | 205.04 | 13.10 | 1.89 | 40.64 |
Megastar Foods Limited | 532.58 | 40.93 | 8.11 | 90.42 |
Anchor Investor Bidding Date
Wednesday, September 23, 2026
IPO Registrar and Book Running Lead Managers
Registrar Details
Maashitla Securities Private Limited
Email: investor.ipo@maashitla.com
Phone: 011 47581432
Book Running Lead Manager
Finaax Capital Advisors Private Limited
Peshwa Wheat Contact Details
308 The One, A Block RNT Marg, Near Silver Mall, Tukoganj,
Indore 452001, Madhya Pradesh.
Tel No: +91 88788 76796
Email Id: info@peshwawheat.com
Peshwa Wheat Business Model
Operating through sales via super stockists who supply to wholesalers and retailers, and direct sales to bulk consumers, bakeries, and restaurants.
Peshwa Wheat Growth Trajectory
Peshwa Wheat Limited's Total Income for FY 26 was ₹215.96 crore, whereas in FY 25 and FY 24 it was ₹171.55 crore and ₹43.81 crore, respectively.
The Profit After Tax for FY 26 was ₹15.81 crore, whereas in FY 25 and FY 24 it was ₹11.84 crore and ₹5.21 crore, respectively.
Their EBITDA for FY 26 was ₹22.73 crore, whereas in FY 25 and FY 24 it was ₹18.05 crore and ₹6.91 crore, respectively.
Peshwa Wheat Market Position
The company markets its products in the B2B segment majorly in the states of Madhya Pradesh, Maharashtra, Karnataka and Gujarat through super stockists and direct bulk sales.
As of 31 March 2026, the company's Total Income, Profit After Tax, and EBITDA were ₹215.96 crore, ₹15.81 crore, and ₹22.73 crore, respectively.
Peshwa Wheat Profit and Loss Statement (in ₹ crore)
Parameter | FY 26 | FY 25 | FY 24 |
|---|---|---|---|
Total Income | 215.96 | 171.55 | 43.81 |
Profit Before Tax | 21.24 | 16.04 | 6.69 |
Profit After Tax | 15.81 | 11.84 | 5.21 |
EPS (Diluted) ₹ | 11.51 | 8.62 | 7.82 |
EBITDA | 22.73 | 18.05 | 6.91 |
Peshwa Wheat Balance Sheet (in ₹ crore)
Parameter | FY 26 | FY 25 | FY 24 |
|---|---|---|---|
Profit Before Tax | 21.24 | 16.04 | 6.69 |
Net Cash from Operating Activities | 15.64 | (13.1) | 2.02 |
Net Cash from Investing Activities | 0.12 | (0.29) | (1.69) |
Net Cash from Financing Activities | 0.04 | 13.55 | 5.03 |
Cash & Cash Equivalents | 17.65 | 1.85 | 1.7 |
Note: () denotes negative
How to apply for Peshwa Wheat IPO?
- Step 1: Log in to your Kotak Neo Demat account to access IPO investments. Next, select the current IPO section.
- Step 2: Specify IPO details. Enter the number of lots and the price you wish to apply for.
- Step 3: Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
- Step 4: Mandate Notification. Your UPI app will receive a mandate notification to block funds.
- Step 5: Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.
Peshwa Wheat IPO FAQs
The Peshwa Wheat IPO opens for subscription from 24-09-2026 to 28-09-2026, with a total issue size of ₹54 Cr. The IPO price band is ₹95 to ₹101 per share with a lot size of 2400. The company aims to list the shares on BSE & NSE on 01-10-2026.
The Peshwa Wheat IPO will open for subscription on 24-09-2026 and will close on 28-09-2026 for investors.
The lot size of Peshwa Wheat IPO is 2400 equity shares, requiring a minimum investment of ₹121200/2 Lots for retail investors applying in the IPO.
The price band of the Peshwa Wheat IPO has been fixed at ₹95 to ₹101 per equity share.
You can apply for the Peshwa Wheat IPO online through the Kotak Neo Website or the Kotak Neo App using UPI or ASBA during the IPO subscription period.
Peshwa Wheat IPO allotment will take place on 29-09-2026.
You can check the Peshwa Wheat IPO allotment status online on the registrar’s website or on the NSE and BSE IPO allotment pages using your application number, PAN, or demat account details.
Peshwa Wheat shares will list on the stock exchanges on 01-10-2026.
You can find detailed information about the Peshwa Wheat IPO, including its business operations, financial performance, risk factors, and IPO objectives, in the Draft or Red Herring Prospectus (RHP).
Rahat Ali Saiyed is the Chairman and Managing Director of Peshwa Wheat Limited.
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This article is for informational purposes only and does not constitute financial advice. It is not produced by the desk of the Kotak Securities Research Team, nor is it a report published by the Kotak Securities Research Team. The information presented is compiled from several secondary sources available on the internet and may change over time. Investors should conduct their own research and consult with financial professionals before making any investment decisions. Read the full disclaimer here.
Investments in securities market are subject to market risks, read all the related documents carefully before investing. Brokerage will not exceed SEBI prescribed limit. The securities are quoted as an example and not as a recommendation. SEBI Registration No-INZ000200137 Member Id NSE-08081; BSE-673; MSE-1024, MCX-56285, NCDEX-1262.










