Peshwa Wheat Limited
Bookbuilding IPO · BSE
- Price band
- ₹95 - ₹101
- Lot size
- 1,200 shares
- Issue amount
- ₹53.52 cr
- Total subscription
- 2.77×
- Opens
- 24 Sept 2026
- Closes
- 28 Sept 2026
- Allotment
- 29 Sept 2026
- Listing
- 1 Oct 2026
Offer at a glance
Issue overview
- Issue size
- 52,99,200 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,14,000
- Fresh issue
- ₹53.52 cr
- Offer for sale
- ₹0 cr
- Registrar
- Maashitla Securities Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,21,200
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,37,28,996
- Shares after issue
- 1,90,28,196
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 2,400 | ₹2,42,400 |
| sHNI | 3 | 3,600 | ₹3,63,600 |
| bHNI | 9 | 10,800 | ₹10,90,800 |
Share reservation
Subscription & GMP
Subscription by category
Reported 28 Sept 2026
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| RETAIL | 1,043 | 1,792 |
| HNIs(10L +) | 454 | 24 |
| HNIs (2-10L) | 227 | 147 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 0.5 | 88.02 |
| RETAIL | 25.28 | 43.44 |
| NIB | 24.76 | 8.74 |
| HNIs 2+ | 8.25 | 6.17 |
| HNIs 10+ | 16.51 | 2.57 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| EPS | 11.51 | 8.62 | 7.82 |
| ROE | 0 | 0 | 0 |
| ROCE | 0 | 0 | 0 |
| RONW | 36.71 | 43.43 | 37.25 |
| PRE IPO(PE) | 8.77 | 0 | 0 |
| POST IPO(PE) | 12.52 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Peshwa Wheat Limited | 8.57 | 12.15 | 10 | 31.37 | 36.71 | 11.51 |
| Baba Foods Processing India Limited | 13.1 | 24.75 | 10 | 40.64 | 4.63 | 1.89 |
| Megastar Foods Limited | 40.93 | 331.95 | 10 | 90.42 | 8.97 | 8.11 |
Company information
Company profile
Peshwa Wheat Ltd, incorporated in 2023, is engaged in processing and supplying wheat-based products such as Atta (wheat flour), Sortex Wheat, Broken Wheat, Gram Flour (Besan) and Maize Flour. The Company mainly offers its products in 50 kg and 30 kg packs and sells them through Super Stockists as well as directly to customers, with a primary focus on the B2B segment. Wheat bran generated during processing is used as cattle feed, supporting the Company’s zero-waste and zero-discharge approach. Peshwa Wheat operates a modern, fully integrated flour processing facility in Indore, Madhya Pradesh, with an installed capacity of 56,100 MTPA and advanced cleaning and milling technology for efficient and hygienic production. Its products are distributed across Madhya Pradesh, Maharashtra, Karnataka and Gujarat through Super Stockists, who supply wholesalers and retailers, while the Company also directly serves restaurants, bakeries, wholesalers and other bulk buyers. In addition to flour processing, it trades vegetables such as potatoes and tomatoes within Madhya Pradesh. As of March 31, 2026, the Company had 24 permanent employees and benefits from an experienced promoter and management team, integrated processing operations and established procurement and supply-chain relationships.
Strengths
- Established Promoters & Skilled Management: The company has experienced promoters and a capable management team whose expertise supports day-to-day operations and business growth.
- Integrated Processing Operations: Peshwa Wheat operates a fully integrated flour processing facility equipped with modern cleaning and milling technology. This supports efficient production and better quality control.
- Strategic Procurement & Supply Chain: The company has established supplier relationships and an organised supply chain to meet its raw material requirements. This helps ensure a consistent supply of materials for its processing operations
Risk factors
- Customer Concentration: The company depends on a limited number of customers for its sales. Losing a major customer could negatively impact revenue and profitability.
- Supplier Concentration: The company relies on a limited number of suppliers for procuring products. Any loss or disruption involving a key supplier could affect procurement and business operations.
- Negative Cash Flows: The company has reported negative cash flows from operating, investing and financing activities. Continued negative cash flows could put pressure on business operations and future growth.
Promoters
Rahat Ali Saiyed
Sadaf Saiyed
Shehnaj
Mo. Jed
Riyazuddin Qureshi
Registrar & documents
Lead manager
Finaax Capital Advisors Private Limited
Registrar & contacts
Maashitla Securities Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
308 The One, A Block RNT Marg, Near Silver Mall, Tukoganj Indore, Madhya Pradesh, 452001
+91 88788 76796
[email protected]Company website ↗Understanding PESHWA IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.