Papadmalji Agro Foods (New IPO): GMP, Profit, Price & expert review
Papadmalji Agro Foods Limited is based in Bikaner, Rajasthan, a leading manufacturer of traditional and machine-made papads, moongodi, and cereal pellets. The company operates through a unique “Batara-Batari” model, empowering local women artisans to produce authentic handmade goods while integrating automated technology for scalability and hygiene across brands like “Zhakaas” and “Papadmalji.” In late December 2025, the company filed a Draft Red Herring Prospectus (DRHP) for an SME IPO on the NSE.
Papadmalji Agro Foods Limited has filed DRHP for proposed issue consisting of 2,848,800 equity shares, comprising a Fresh Issue of 2,574,000 shares and an Offer for Sale (OFS) of 274,800 shares.
