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Baba Food Processing India Ltd

Baba Food Processing India Ltd

    Registered Office : 6th Flr Home Decor Building,Ratu Road Ranchi G P O,Ranchi Jharkhand 834001 Phone : +91 915 519 2834
    Fax :

    Email : cs@babafood.in

    Website : www.babafood.in

Initial public offer of upto 43,26,400 equity shares of face value of Rs. 10/- each ("Equity Shares") of Baba Food Processing (India) Limited (the "Company" or "Baba Food" or "Issuer") at an issue price of Rs. 76 per equity share (including a share premium of Rs. 66 per equity share) for cash, aggregating up to Rs. 32.88 crores ("Public Issue") out of which 2,17,600 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 76 per equity share for cash, aggregating Rs. 1.65 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 41,08,800 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 76 per equity share for cash, aggregating up to Rs. 31.23 crores is hereinafter referred to as the "Net Issue". The public issue and net issue will constitute 26.50 % and 25.17 % respectively of the post-issue paid-up equity share capital of the company.

Issue

Opens On

Closes On

03-Nov-2023

07-Nov-2023

Money Payable On

Application

Allotment

76.00

0.00

Minimum Application for shares in Nos : 1600.0 Further Multiples of : 1600.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

32.88

0.00

76.00

Horizon Management Pvt Ltd

Projects
  • Investment in PFPL for setting up a manufacturing unit Patna, Bihar comprising an ultra modern highly automated roller flour mills and chakki whole wheat atta mill
  • Funding purchase of ,achinery for manufacturing chickpea flour (Besan) and roasted gram flour (Sattu) in its existing manufacturing unit in
  • Funding working capital requirements of the company
  • Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company
  • General corporate purposes
Promoted By
  • Yogesh Kumar Sahu
Listing At
  • NSE - SME
Registrar to the Issue
  • MAS Services Ltd