Peshwa Wheat IPO: dates, price band, lot size and GMP
Peshwa Wheat IPO listed on 1 Oct at ₹100 (BSE SME). Issue dates 24 – 28 Sep 2026, price band ₹95 – ₹101, lot 1,200 shares. The shares now trade on the exchange; any pre-IPO price on this site is historical.
Updated 6 Oct 2026, 14:11 IST. Dated dealer references.
BuyUnlistedShares tracks 197 IPOs on its calendar; the Peshwa Wheat IPO has a price band of ₹95 – ₹101, a lot of 1,200 shares and no grey-market premium reported yet as of 06 Oct 2026.
Key details
| Board | SME |
|---|---|
| Issue dates | 24 – 28 Sep 2026 |
| Price band | ₹95 – ₹101 |
| Lot size | 1,200 shares |
| Issue size | ₹53.52 Cr |
| Fresh issue | ₹50.54 Cr |
| Subscription | 2.77x |
| Registrar | Maashitla Securities Pvt.Ltd. |
| Lead managers | Finaax Capital Advisors Pvt.Ltd. |
| Status | Listed |
Timeline
- Issue opens: 24 Sep
- Issue closes: 28 Sep
- Allotment: 29 Sep
- Refunds: 30 Sep
- Demat credit: 30 Sep
- Listing: 1 Oct
Live subscription
| Category | Subscribed |
|---|---|
| QIB | 177.12x |
| NII | 0.35x |
| sNII | 0.75x |
| bNII | 0.18x |
| Retail | 1.72x |
| Total | 2.77x |
Last updated 28 Sep 2026, 6:55 PM IST.
Issue details
| Face value | ₹10 |
|---|---|
| Issue type | Book Build Issue |
| Listing at | BSE SME |
| Market cap at the upper band | ₹192.18 Cr |
| P/E (pre-issue) | 8.77x |
| P/E (post-issue) | 12.15x |
| Fresh issue (shares) | 50,04,000 |
| Total shares offered | 50,04,000 |
| Promoter holding pre-issue | 72.61% |
| Promoter holding post-issue | 52.39% |
| Promoters | Rahat Ali Saiyed, Sadaf Saiyed, Shehnaj, Mo.Jed, Riyazuddin Qureshi |
| Lead managers | Finaax Capital Advisors Pvt.Ltd. |
| Registrar phone | 011-45121795 |
| Registrar email | investor.ipo@maashitla.com |
| Company website | peshwawheat.com |
Lot sizes by investor category
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (minimum) | 2 | 2,400 | ₹2,42,400 |
| Retail (maximum) | 2 | 2,400 | ₹2,42,400 |
| sNII (minimum) | 3 | 3,600 | ₹2,42,400 |
| bNII (minimum) | 3 | 3,600 | ₹10,90,800 |
Reservation
| Category | Share of issue | Shares offered | Basis |
|---|---|---|---|
| QIB | 1% | 49,200 | Not more than 50% of the Net Offer |
| NII (HNI) | 49% | 24,51,600 | Not less than 15% of the Net Offer |
| sNII | 16.3% | 8,17,200 | |
| bNII | 32.7% | 16,34,400 | |
| Retail | 50% | 25,03,200 | Not less than 35% of the Net Offer |
| Market Maker | 5.9% | 2,95,200 |
Subscription by day
| Day | QIB | NII | sHNI | bHNI | Retail | Total |
|---|---|---|---|---|---|---|
| Day 1 · 24 Sep | 177.12x | 0.20x | 0.02x | 0.30x | 0.04x | 1.82x |
| Day 2 · 25 Sep | 177.12x | 0.13x | 0.21x | 0.18x | 0.49x | 2.03x |
| Day 3 · 28 Sep | 177.12x | 0.35x | 0.75x | 0.18x | 1.72x | 2.77x |
Key ratios as of 31 Mar 2026
| EPS (pre-issue) | ₹11.51 |
|---|---|
| EPS (post-issue) | ₹8.31 |
| P/E (pre-issue) | 8.77x |
| P/E (post-issue) | 12.15x |
| RoNW | 36.71% |
| RoCE | 33.44% |
| RoE | 44.96% |
| PAT margin | 7.32% |
| EBITDA margin | 10.53% |
| Price / book | 3.22x |
| NAV per share | ₹31.37 |
| Debt / equity | 0.55 |
| Market cap (upper band) | ₹192.18 Cr |
Financials (₹ Cr)
| Metric | FY26 | FY25 | FY24 | FY26 vs FY25 |
|---|---|---|---|---|
| Assets | 80.6 | 65.95 | 31.17 | +22.2% |
| Total Income | 215.96 | 171.55 | 43.81 | +25.9% |
| Profit After Tax | 15.81 | 11.84 | 5.21 | +33.5% |
| EBITDA | 22.73 | 18.05 | 6.91 | +25.9% |
| NET Worth | 43.06 | 27.26 | 15.42 | +58% |
| Reserves and Surplus | 29.34 | 13.53 | 8.56 | +116.9% |
| Total Borrowing | 23.74 | 22.6 | 7.93 | +5% |
About Peshwa Wheat
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 .
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.
The Company is accredited with State and Central FSSAI licenses and is certified under ISO 22000:2018 for food safety management. Its in-house processing helps to reduce production time, control costs, and maintain strict quality checks at every stage.
It mainly sell our 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.
Objects of the issue
- Funding Capital Expenditure towards Purchase of Plant and Machineries — ₹6.69 Cr
- Funding Capital Expenditure towards Civil Construction — ₹5.01 Cr
- Funding working capital requirements of the Company — ₹26.5 Cr
- General Corporate Purposes — ₹8.02 Cr
- Issue Expenses — ₹7.3 Cr
Net proceeds: ₹53.52 Cr
Peer comparison
| Company | EPS (Basic) | EPS (Diluted) | NAV (₹ per share) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Peshwa Wheat Ltd. (issuer) | 11.51 | 11.51 | 31.37 | — | 36.71% | — | — |
| Baba Foods Processing India Ltd. | 1.89 | 1.89 | 40.64 | 13.1x | 4.63% | 0.6 | — |
| Megastar Foods Ltd. | 8.11 | 8.11 | 90.42 | 40.93x | 8.97% | 3.68 | — |
Notes: Source-All the financial information for listed industry peers are sourced from their audited financial results for the year ended March 31, 2026 as available on the stock exchange. Market Price for the listed peer mentioned above is sourced from stock exchange data dated July 31, 2026 to compute the corresponding financial ratios.
Strengths (per the offer document)
- Established Promoters and Skilled Management Team — Our Company is promoted by Rahat Ali Saiyed, Sadaf Saiyed, Shehnaj, Mo.
- Integrated Processing Operations — The Company benefits from fully integrated processing operations, which encompass the entire value chain—from procurement of raw material to production, packaging, storage, and dispatch of finished…
- Strategic Procurement Relationship and strong Supply Chain — The Company has established long-standing procurement networks that support uninterrupted access to good quality raw materials at competitive prices.
- Strong focus on Quality and Food Safety Standards and maintaining Hygienic Processing Standards — The Company places significant emphasis on maintaining high-quality standards, food safety compliance, and hygienic processing practices across all stages of operations.
Risk factors (as disclosed by the company)
- Our dependence on raw material procurement from a single state exposes us to operational and financial risks — Our Company procures 100% of its raw material requirements, such as wheat, chana dal, maize kernel from the state of Madhya Pradesh.
- Wheat, Chana Dal, Maize Kernel and their flours require controlled storage conditions, and any inadequacies in storage may lead to spoilage, infestation — financial results. Our operations depend heavily on the proper storage of wheat, chana dal, maize kernel and their flours, both of which require strict environmental controls to maintain quality,…
- Changing consumer behaviour and preference for alternative grain based products may adversely affect our existing product portfolio and market position — changes, and a growing inclination toward differentiated and value-added food products.
- Variations in quality of raw materials may adversely affect overall quality of our product — Our business depends significantly on the consistent availability of high-quality raw materials such as wheat, chana (gram), and maize.
- We depend on a limited number of States for a significant portion of our revenue from operations. The loss of any — of our major customer in these States due to any adverse development or significant reduction in business from our major customer may adversely affect our business, financial condition, results of…
- If our Company is unable to protect its intellectual property, or if our Company infringes on the intellectual property rights of others — Our Company is currently using and logo, which is not yet registered in the name of our Company.
- Our Registered Office, Processing Unit and Warehouses from where we operate is not owned by us but taken on Lease basis — Our Registered Office, Processing Unit and Warehouses as disclosed under the chapter titled as “Business Overview” on page no.
- The Company has entered into related party transactions with Mr — The Company has, in the past, entered into certain related party transactions with Mr.
From the RHP (strengths pages 163–164, risk factors pages 19–25). Headings shortened; the wording is the company’s. Not a recommendation.
Offer documents: DRHP (PDF) · RHP (PDF)
Track this issue
- Peshwa Wheat IPO GMP today and trend
- Peshwa Wheat IPO subscription status, day by day
- Peshwa Wheat IPO allotment status and how to check
Frequently asked questions
When does the Peshwa Wheat IPO open and close?
The issue is scheduled for 24 – 28 Sep 2026.
What is the Peshwa Wheat IPO price band?
The price band is ₹95 – ₹101 per share with a lot size of 1,200 shares.
How big is the Peshwa Wheat IPO?
The total issue size is ₹53.52 Cr.
When will Peshwa Wheat list?
The tentative listing date is 1 Oct on the SME platform.
How do I apply for the Peshwa Wheat IPO?
Apply through your broker or bank using ASBA or UPI within the issue window; the amount stays blocked in your account until allotment. BuyUnlistedShares does not take applications; it tracks the issue and the unlisted price before it.
Sources
- Draft red herring prospectus (DRHP), Peshwa Wheat · as filed with SEBI · bsesme.com
- Red herring prospectus (RHP), Peshwa Wheat · as filed · bseindia.com
- Registrar allotment page, Maashitla Securities Pvt.Ltd. · allotment 29 Sep · maashitla.com
- BSE SME issues page · listing 1 Oct · bsesme.com
- Peshwa Wheat company website · peshwawheat.com
- BuyUnlistedShares IPO record: GMP, subscription and allotment, dated daily · GMP as of 1 Oct, 04:03 · buyunlistedshares.com
How to cite this page: BuyUnlistedShares, “Peshwa Wheat IPO”, https://buyunlistedshares.com/ipo/peshwa-wheat-ipo, as of 06 Oct 2026.
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Indicative reference price, dated. BuyUnlistedShares is India's premium unlisted shares desk: the unlisted and pre-IPO dealing desk of Gayatri Financial Synergy, Faridabad, in the market since 2002. Reviewed by the BuyUnlistedShares desk before publishing. Data as of 06 Oct 2026.
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