Investors in the ₹20.18 crore Papadmalji Agro IPO are set to receive the allotment status on October 5, 2026. The SME issue closed with an overall subscription of 2.54 times. Applicants can check their allotment details on the NSE website or through the IPO registrar, MAS Services Limited.

The company’s shares are expected to make their market debut on the NSE SME platform on October 7, 2026, subject to completion of the allotment process.

Procedure to Check Papadmalji Agro IPO Allotment Status Online on NSE

Visit the NSE’s IPO allotment verification status page here.
Select “Equity & SME IPO Bid Details”.
In Select, select “AONESTEELS”.
Enter your PAN No. and Application No.
Click “Submit”.

Procedure to Check Papadmalji Agro IPO Allotment Status on MAS Services (Registrar to the Issue)

Visit the MAS Services’ IPO allotment status page here.
In the options given, select “ IPO - Papadmalji Agro Limited Allotment Status”.
Search based on any of the following details.

Dp_id/ Client id
PAN Number

Click “Search”.

Papadmalji Agro IPO - Issue Details

Issue Type: Book Built Issue (Fresh Issue + OFS)
Total Issue Size: Up to ₹20.18 crore
Fresh Issue: Up to ₹18.52 crore
Offer for Sale (OFS): Up to ₹1.66 crore
Face Value: ₹10 per equity share
Price Band: ₹69 to ₹72 per share
Lot Size: 1,600 shares
Listing: NSE SME
Book Running Lead Managers: Kreo Capital Private Limited
Registrar: MAS Services Limited

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Papadmalji Agro IPO Overall Subscription Status

[October 1, 2026, 7:00 PM]

Category	Subscription (x)
Qualified Institutional Buyers (QIBs)	86.85x
Non-Institutional Investors (NIIs)	1.32x
Retail Individual Investors (RIIs)	1.59x
Total	2.54x

Utilisation of IPO Proceeds

The company intends to utilise the net proceeds from the fresh issue towards:

Funding the capital expenditure towards construction of building, mechanical and electrical works and procurement of plant and machinery and installation of 250 kW Rooftop Solar Power System for setting up a new manufacturing facility at Bachhasar, Bikaner
Repayment or prepayment, in full or in part, of borrowings availed by the company from banks
General corporate purposes.

About Papadmalji Agro Limited

Established in 2012 and headquartered in Bikaner, Rajasthan, Papadmalji Agro Limited is an ISO 22000:2018 certified manufacturer of handmade and machine-made papads, rice papads, ready-to-fry papads, vrat-special papads and moongodi. It also undertakes white-label manufacturing and trades cereal pellets.

The company operates brands including Zhakaas, Vishal, Rozana, Diamond and Papadmalji, with products distributed through general trade, modern trade, quick-commerce platforms, merchant exporters and its direct-to-consumer website.

Key Financial Highlights

Particulars	FY26 (in ₹ crore)	FY25 (in ₹ crore)	FY24 (in ₹ crore)
Revenue from operations	33.53	31.75	26.27
EBITDA	8.44	5.98	3.31
Profit After Tax (PAT)	5.21	4.72	2.11