Peshwa Wheat IPO
Updated 11 Nov 2026, 6:45 pm.
Minimum investment (Individual investors (IND))
₹2,42,400
2 lots · 2,400 shares at the upper price band
Price band
₹101
Latest GMP
₹0
0.0% of the ₹101 upper band
Est. listing price
₹101
Issue size
₹50.54 Cr
Allotment status
Check it on the registrar's page or either exchange with your PAN or application number.
- Allotment finalised29 Sept 2026(done)
- Refunds start30 Sept 2026(done)
- Shares credited to demat30 Sept 2026(done)
- Listing1 Oct 2026(done)
GMP history
Each point is a recorded observation from the scheduled data sync.
| Observed | GMP | Est. listing price |
|---|---|---|
| 1 Oct 2026, 6:50 pm | ₹0 | ₹101 |
| 1 Oct 2026, 6:45 pm | ₹0 | ₹101 |
| 1 Oct 2026, 1:50 pm | ₹0 | ₹101 |
| 1 Oct 2026, 1:45 pm | ₹0 | ₹101 |
| 30 Sept 2026, 6:50 pm | ₹0 | ₹101 |
| 30 Sept 2026, 6:45 pm | ₹0 | ₹101 |
| 30 Sept 2026, 1:50 pm | ₹0 | ₹101 |
| 30 Sept 2026, 1:45 pm | ₹0 | ₹101 |
| 29 Sept 2026, 6:50 pm | ₹0 | ₹101 |
| 29 Sept 2026, 6:45 pm | ₹0 | ₹101 |
| 29 Sept 2026, 1:50 pm | ₹0 | ₹101 |
| 29 Sept 2026, 1:45 pm | ₹0 | ₹101 |
| 29 Sept 2026, 8:50 am | ₹0 | ₹101 |
| 29 Sept 2026, 8:45 am | ₹0 | ₹101 |
| 28 Sept 2026, 6:50 pm | ₹0 | ₹101 |
| 28 Sept 2026, 6:45 pm | ₹0 | ₹101 |
| 28 Sept 2026, 1:50 pm | ₹0 | ₹101 |
| 28 Sept 2026, 1:45 pm | ₹0 | ₹101 |
| 28 Sept 2026, 8:50 am | ₹0 | ₹101 |
| 28 Sept 2026, 8:45 am | ₹0 | ₹101 |
| 26 Sept 2026, 6:50 pm | ₹0 | ₹101 |
| 26 Sept 2026, 6:45 pm | ₹0 | ₹101 |
| 26 Sept 2026, 1:50 pm | ₹0 | ₹101 |
| 26 Sept 2026, 1:45 pm | ₹0 | ₹101 |
| 26 Sept 2026, 8:50 am | ₹0 | ₹101 |
| 26 Sept 2026, 8:45 am | ₹0 | ₹101 |
| 25 Sept 2026, 6:50 pm | ₹0 | ₹101 |
| 25 Sept 2026, 6:45 pm | ₹0 | ₹101 |
| 25 Sept 2026, 1:45 pm | ₹0 | ₹101 |
| 25 Sept 2026, 8:50 am | ₹0 | ₹101 |
| 25 Sept 2026, 8:45 am | ₹0 | ₹101 |
| 24 Sept 2026, 6:50 pm | ₹0 | ₹101 |
| 24 Sept 2026, 6:45 pm | ₹0 | ₹101 |
| 24 Sept 2026, 1:50 pm | ₹0 | ₹101 |
| 24 Sept 2026, 1:45 pm | ₹0 | ₹101 |
| 24 Sept 2026, 8:50 am | ₹0 | ₹101 |
| 24 Sept 2026, 8:45 am | ₹0 | ₹101 |
| 23 Sept 2026, 6:50 pm | ₹0 | ₹101 |
| 23 Sept 2026, 6:45 pm | ₹0 | ₹101 |
| 23 Sept 2026, 1:50 pm | ₹0 | ₹101 |
| 23 Sept 2026, 1:45 pm | ₹0 | ₹101 |
| 23 Sept 2026, 8:50 am | ₹0 | ₹101 |
| 23 Sept 2026, 8:45 am | ₹0 | ₹101 |
| 22 Sept 2026, 6:50 pm | ₹0 | ₹101 |
| 22 Sept 2026, 6:45 pm | ₹0 | ₹101 |
| 22 Sept 2026, 1:50 pm | ₹0 | ₹101 |
| 22 Sept 2026, 1:45 pm | ₹0 | ₹101 |
| 22 Sept 2026, 8:50 am | ₹0 | ₹101 |
| 22 Sept 2026, 8:45 am | ₹0 | ₹101 |
| 21 Sept 2026, 6:50 pm | ₹0 | ₹101 |
| 21 Sept 2026, 6:45 pm | ₹0 | ₹101 |
GMP is an unofficial, unregulated grey-market estimate — not a prediction of listing performance.
Issue details
- Board
- SME
- Price band
- ₹101
- Issue size
- ₹50.54 Cr
- Lot size
- 1,200
- Opens
- 24 Sept 2026
- Closes
- 28 Sept 2026
- Allotment
- 29 Sept 2026
- Listing
- 1 Oct 2026
- Est. listing price
- ₹101
- Listing price
- Awaited
- Listing gain
- Awaited
- Registrar
- Maashitla Securities Pvt.Ltd.
- Minimum investment
- ₹2,42,400 (2 lots · 2,400 shares)
- Face value
- ₹10 per share
- Issue type
- Bookbuilding IPO
- Sale type
- Fresh capital only
- Listing at
- BSE SME
- Refunds
- 30 Sept 2026
- Shares credited
- 30 Sept 2026
- Promoter holding
- 72.61% before · 52.39% after
- Lead managers
- Finaax Capital Advisors Pvt.Ltd.
Offer documents & links
Subscription by category
As of 28 Sept 2026, 6:54 pm.
Total subscription
2.77x
Full issue details
Details as published for this issue, read 29 Sept 2026, 2:05 pm. Verify against the RHP before applying.
IPO Details
| IPO Date | 24 to 28 Sep, 2026 |
|---|---|
| Listing Date | Thu, Oct 1, 2026 (tentative) |
| Face Value | ₹ 10 per share |
| Price Band | ₹95 to ₹101 |
| Issue Price | ₹101 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 52,99,200 shares (agg. up to ₹ 54 Cr) |
|---|---|
| Reserved for Market Maker | 2,95,200 shares (agg. up to ₹ 3 Cr) Bhansali Value Creations Pvt.Ltd. |
| Fresh Issue (Ex Market Maker) | 50,04,000 shares (agg. up to ₹ 51 Cr) |
| Net Offered to Public | 50,04,000 shares (agg. up to ₹ 51 Cr) |
| Share Holding Pre Issue | 1,37,28,996 shares |
| Share Holding Post Issue | 1,90,28,196 shares |
IPO Timetable (Tentative)
- IPO Open
- Thu, Sep 24, 2026
- IPO Close
- Mon, Sep 28, 2026
- Allotment
- Tue, Sep 29, 2026
- Refund
- Wed, Sep 30, 2026
- Credit of Shares
- Wed, Sep 30, 2026
- Listing
- Thu, Oct 1, 2026
Issue Reservation
- QIB0.93%
- NII (HNI)46.26%
- Retail47.24%
- Market Maker5.57%
| Investor Category | Shares | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB | 49,200 | 0.98% | 0.93% |
| NII (HNI) | 24,51,600 | 48.99% | 46.26% |
| - bNII > ₹10L | 16,34,400 | — | 30.84% |
| - sNII < ₹10L | 8,17,200 | — | 15.42% |
| Retail | 25,03,200 | 50.02% | 47.24% |
| Firm Reservations | |||
| Market Maker | 2,95,200 | — | 5.57% |
| Total | 52,99,200 | 100.00% | 100.00% |
Peshwa Wheat IPO comprises a total issue size of 52,99,200 shares. The net offer to the public is 50,04,000 shares, after excluding 2,95,200 shares allotted on a firm basis. Of the Net offer 49,200 (0.98%) are allocated to QIB , 24,51,600 (48.99%) allocated to NII 25,03,200 (50.02%) allocated to RII .
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 2,400 | ₹2,42,400 |
| Individual investors (IND) (Max) | 2 | 2,400 | ₹2,42,400 |
| S-HNI (Min) | 3 | 3,600 | ₹3,63,600 |
| S-HNI (Max) | 8 | 9,600 | ₹9,69,600 |
| B-HNI (Min) | 9 | 10,800 | ₹10,90,800 |
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof.
About Peshwa Wheat Ltd.
Incorporated in 2023, Peshwa Wheat Ltd is engaged in the processing of wheat-based products such as Atta (wheat flour), Sortex Wheat, Broken Wheat, and other flour products including Gram Flour (Besan) and Maize Flour. The company supplies products mainly in 50 kg and 30 kg packaging. During production, by-products like wheat bran are used for cattle feed, to operate with zero waste and zero discharge.
Business Model:
Sale through Super Stockiest
Direct Sale to Customers
The company operate a modern, fully integrated flour processing unit located at Indore, Madhya Pradesh, with an installed capacity of 56,100 MTPA. The unit is equipped with advanced cleaning and milling technology to ensure high-quality and hygienic production.
It mainly sell the products in the B2B segment across Madhya Pradesh, Maharashtra, Karnataka, and Gujarat. Products are sold through Super Stockists, who supply to wholesalers and retailers. Further, it also sell directly to customers who require bulk quantities, such as restaurants, bakeries, wholesalers, and large buyers. In addition to flour processing, the Company is involved in the trading of vegetables, mainly potatoes and tomatoes, within Madhya Pradesh.
As of March 31, 2026, the company has 24 permanent employees.
Competitive strengths
Established Promoters and Skilled Management Team
Integrated Processing Operations
Strategic Procurement Relationship and strong Supply Chain
Strong focus on Quality and Food Safety Standards and maintaining Hygienic Processing Standards
Company Financials (Restated)
Total Income
Profit After Tax
EBITDA
NET Worth
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 80.60 | 65.95 | 31.17 |
| Total Income | 215.96 | 171.55 | 43.81 |
| Profit After Tax | 15.81 | 11.84 | 5.21 |
| EBITDA | 22.73 | 18.05 | 6.91 |
| NET Worth | 43.06 | 27.26 | 15.42 |
| Reserves and Surplus | 29.34 | 13.53 | 8.56 |
| Total Borrowing | 23.74 | 22.60 | 7.93 |
| Amount in ₹ Crore |
Peshwa Wheat Ltd.'s revenue increased by 26% and profit after tax (PAT) rose by 34% between the financial year ending with March 31, 2026 and March 31, 2025.
Recently Listed IPOs in Other Agricultural Products
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Farm Peace Ltd. | SME | ₹32.00 Cr | ₹59 | 11.87 | ₹106.50 | +80.51% | ₹45.00 |
| Dhanwel Hybrid Seeds Ltd. | SME | ₹26.73 Cr | ₹99 | 10.37 | ₹94.05 | -5.00% | ₹51.59 |
| Adon Agro Commodities Ltd. | SME | ₹44.03 Cr | ₹70 | 16.22 | ₹82.16 | +17.37% | ₹89.75 |
| M R Maniveni Foods Ltd. | SME | ₹27.04 Cr | ₹52 | 18.11 | ₹41.13 | -20.90% | ₹26.13 |
| NFP Sampoorna Foods Ltd. | SME | ₹24.53 Cr | ₹55 | 16.81 | ₹51.80 | -5.82% | ₹22.10 |
| Stanbik Agro Ltd. | SME | ₹12.28 Cr | ₹30 | 5.9 | ₹33.33 | +11.10% | ₹25.22 |
| Unisem Agritech Ltd. | SME | ₹21.45 Cr | ₹65 | 12.21 | ₹61.75 | -5.00% | ₹47.00 |
| Shreeji Global FMCG Ltd. | SME | ₹85.00 Cr | ₹125 | 16.42 | ₹101.70 | -18.64% | ₹187.15 |
| Amir Chand Jagdish Kumar (Exports) Ltd. | Mainboard | ₹440.00 Cr | ₹212 | 28.86 | ₹180.00 | -15.09% | ₹201.20 |
| Trualt Bioenergy Ltd. | Mainboard | ₹839.28 Cr | ₹496 | 23.89 | ₹530.95 | +7.05% | ₹458.15 |
IPO Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Capital Expenditure towards Purchase of Plant and Machineries | 6.69 |
| 2 | Funding Capital Expenditure towards Civil Construction | 5.01 |
| 3 | Funding working capital requirements of the Company | 26.50 |
| 4 | General Corporate Purposes | — |
| Total | 38.20 |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Key Performance Indicator (KPI)
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 44.96% |
| ROCE | 33.44% |
| Debt/Equity | 0.55 |
| RoNW | 36.71% |
| PAT Margin | 7.32% |
| EBITDA Margin | 10.53% |
| NAV | 31.37 |
| Price to Book Value | 3.22 |
Check IPO Peer Comparison here.
IPO Valuation
| Valuation Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 11.51 | 8.31 |
| P/E (x) | 8.77 | 12.15 |
| Market Cap at Offer Price | ₹138.66 Cr. | ₹192.18 Cr |
Disclaimer
The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2026 available in RHP.
The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2026 available in RHP.
Shareholding Structure
Pre IPO
- Promoter and Promoter Group72.61%
- Public27.39%
Post IPO
- Promoter and Promoter Group52.39%
- Public47.61%
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 72.61% | 52.39% |
| Public | 27.39% | 47.61% |
| Total | 100% | 100% |
Company Promoters: Rahat Ali Saiyed, Sadaf Saiyed, Shehnaj, Mo.Jed and Riyazuddin Qureshi.
Peshwa Wheat IPO Recommendations
| Review By | Subscribe | May Apply | Neutral | Avoid |
|---|---|---|---|---|
| Brokers | 0 | 0 | 0 | 0 |
| Members | 0 | 0 | 0 | 0 |
IPO Subscription Status
| Category | Subscription (x) | Shares Offered | Shares bid for | Total Applications |
|---|---|---|---|---|
| QIB (Ex Anchor) | 177.12 | 49,200 | 87,14,400 | 0 |
| NII * | 0.35 | 24,51,600 | 8,65,200 | 0 |
| bNII (> ₹10L) | 0.16 | 16,34,400 | 2,54,400 | — |
| sNII (< ₹10L) | 0.75 | 8,17,200 | 6,10,800 | — |
| Individual Investor | 1.72 | 25,03,200 | 43,00,800 | 0 |
| Total | 2.77 | 50,04,000 | 1,38,80,400 | 1,984 |
The Peshwa Wheat IPO is subscribed 2.77 times on September 28, 2026 6:54:12 PM (Day 3). The public issue subscribed 1.72 times in the individual investors category, 177.12 times in the QIB category, and 0.35 times in the NII category. Check Day by Day Subscription Details (Live Status)
Reload
Total Applications: 1,984
*Market Maker portion is not included to NII/HNI.
📰 Peshwa Wheat Ltd. - Useful Articles
› Peshwa Wheat Limited to Fuel Infrastructure Expansion
IPO Registrar
Maashitla Securities Pvt.Ltd.
011-45121795
investor.ipo@maashitla.com
IPO Lead Manager(s)
Finaax Capital Advisors Pvt.Ltd.
Contact Details
Peshwa Wheat Ltd. Address
308 The One, A Block RNT Marg,
Near Silver Mall, Tukoganj
Indore, Madhya Pradesh , 452001
+91 88788 76796
info@peshwawheat.com
Peshwa Wheat IPO in the news
Recent coverage in the financial press. Headlines are the publishers' own; verify details with the RHP.
Peshwa Wheat IPO: Dates, Price Band & Lot Size
HDFC Sky · 29 Sept 2026
Peshwa Wheat IPO Allotment Status: Check Share Allocation Online
HDFC Sky · 29 Sept 2026
Peshwa Wheat IPO Day 2: Subscribed 2.09x; Retail surges 250% intraday
scanx.trade · 29 Sept 2026
Roopa Screen IPO closes with 350 times subscription, Peshwa Wheat issue booked 2.7 times
Moneycontrol.com · 28 Sept 2026
Peshwa Wheat IPO Subscription Status Day 3: Issue Subscribed 2.77 Times
HDFC Sky · 28 Sept 2026
Peshwa Wheat IPO Allotment Status: 2.03x Subscribed, Check Online
Univest · 28 Sept 2026
Peshwa Wheat IPO Day 3: Subscribed 2.77x; Retail surges 89.4%, QIB holds 177.12x
scanx.trade · 28 Sept 2026
Peshwa Wheat IPO Subscription Status Day 2: Issue Subscribed 2.03 Times
HDFC Sky · 25 Sept 2026
Peshwa Wheat: common questions
Answered from this issue's own record.