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InvestmentsIPOPeshwa Wheat IPO

Peshwa Wheat IPO

SME

Open Date

24 Sep 2026

Close Date

28 Sep 2026

Min Investment

₹ 2,28,000

Lot Size

1,200

Issue Size

₹ 53.52 Cr

Price Range

₹ 95 - ₹ 101

Subscribed

2.77 x
status

This IPO is now Live.

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IPO Timeline
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IPO Offer Start
24 Sep 2026
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IPO Offer Ends
28 Sep 2026
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Allotment Finalisation
29 Sep 2026
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Refund Initialisation
30 Sep 2026
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Non-Institutional Buyers (sHNI)
30 Sep 2026
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Listing of Shares
1 Oct 2026
IPO Subscription Details as on 2 Oct 2026, 09:27 PM
Qualified Instituational Buyers (QiB)
177.12 x
Retail
1.61 x
Total
2.77 x
Non-Institutional Buyer (bHNI)
0.34 x
Non-Institutional Buyer (sHNI)
0.7 x
Note: This information is provided for general guidance only. Dates may be subject to change.
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About the Company
Peshwa Wheat Limited is an Indore-based food processing company engaged in the manufacturing of wheat-based products (Atta, Sortex Wheat, Broken Wheat, Wheat Bran), other flour products (Gram Flour/Besan, Maize Flour), and trading of vegetables. The company operates a fully automated, integrated processing unit with an installed capacity of 56,100 MTPA, achieving 90.10% utilization in FY2026, and is accredited with FSSAI and ISO 22000:2018 certifications. Products are marketed in a B2B segment across Madhya Pradesh, Maharashtra, Karnataka, and Gujarat through Super Stockists and direct sales channels, reporting revenue from operations of ₹21,593.52 Lakhs in FY2026. The company was originally incorporated as a partnership firm in 2017 and converted into a Public Limited Company in December 2023.
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Founded In

2023

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Director

Shehnaj

Financials of Peshwa Wheat IPO

Income Statement
Balance Sheet
Cash Flows
Total Income
Total Expenses
Total Profit
Key Performance IndicatorsMar 2024Mar 2025Mar 2026
Operating Revenue43.79171.53215.94
Other Income0.010.010.02
Total Income
43.81171.55215.96
Total Expenses
37.12155.51194.72
Profit Before Tax6.6916.0421.24
Total Profit
5.2111.8415.81

All figures are in crores (₹)

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Utilisation of Proceeds

All figures are in crores (₹)

PurposeAmount
The company intends to expand its installed manufacturing capacity by purchasing new plant and machinery to be installed at its existing facility in Indore, Madhya Pradesh. This expansion is aimed at increasing production capacity, improving efficiency, and catering to a wider customer base.7
The company proposes to undertake vertical expansion of its existing manufacturing facility by constructing a first and second floor to accommodate new machinery, as the current ground-floor space is insufficient for installation of all proposed equipment.5
The company intends to utilize a portion of the net proceeds to meet its incremental working capital requirements for FY 2026-27 and FY 2027-28, with the balance to be funded through borrowings and internal accruals.27
The company intends to deploy a portion of the net proceeds towards general corporate purposes including meeting operating expenses, strengthening business development and marketing capabilities, subject to a cap of the lower of a specified percentage of gross proceeds or a maximum amount in lakhs.-
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  • Established Promoters and Skilled Management Team: The company is promoted by individuals with over 7 years of experience each in the Agriculture and Food Industry, whose entrepreneurial vision and expertise drive strategic and day-to-day business operations, enabling the company to capitalize on current and future market opportunities.
  • Integrated Processing Operations: The company benefits from fully integrated processing operations covering the entire value chain — from raw material procurement to packaging and dispatch — reducing logistics costs, eliminating third-party processing margins, and enabling competitive pricing while preserving healthy margins.
  • Strategic Procurement Relationship and Strong Supply Chain: The company has established long-standing procurement networks with farmers, local aggregators, mandis, and regional partners, enabling direct sourcing at optimized prices, avoiding intermediary margins, and ensuring traceability and superior end-product quality.
  • Strong Focus on Quality, Food Safety Standards, and Hygienic Processing: The company maintains high-quality standards supported by modern equipment, trained personnel, and strict monitoring protocols; it holds accreditations including FSSAI State and Centre Licenses and ISO 22000:2018 certification for food safety management.

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