Skip to main content
HOMEUNLISTED SHARESIPO CALENDARROAD TO IPOBLOGSPARTNER WITH US
MORE TO EXPLORE
OPEN DEMAT
ENQUIRE NOW
‹ BACK TO THE DEPARTURES BOARD
Q&T Foods logo
ONE SERVICE ON THE DEPARTURES BOARD

Q&T FOODS IPO

ALREADY DEPARTEDBSE SME · SME · PACKAGED FOODS
INDICATIVE FARE / PRICE BAND
₹115
BAND INDICATIVE · NOTHING FINAL UNTIL THE RHP
FIGURES ON THIS PAGE AS OF 25 AUG 2026, 08:01 IST · REFRESHED THROUGH THE DAY
THE FARE BOARD · KEY NUMBERS

BY THE NUMBERS.

PRICE BAND
₹115
LOT SIZE
1200 SHARES
ISSUE SIZE
₹26.25 CR
MIN INVESTMENT
₹1,38,000 · 1200 SHARES
P/E RATIO
10.61
THE TIMETABLE · FOUR STOPS
THE JOURNEY.
OPENS
12 AUG 26
✓ STOP CLEARED
CLOSES
14 AUG 26
✓ STOP CLEARED
ALLOTMENT
17 AUG 26
✓ STOP CLEARED
LISTING
19 AUG 26
✓ STOP CLEARED
REFUNDS INITIATED18 AUG 26SHARES IN DEMAT18 AUG 26
TIMETABLE AS FILED · DATES CAN MOVE · CONFIRM AGAINST THE OFFICIAL RHP AND THE REGISTRAR
END OF THE LINE · LISTING DAY

WHERE IT LANDED.

LISTING PRICE
₹115
DAY-1 LISTING GAIN
+0%
THE BOOKING SHEET · SUBSCRIPTION

HOW FULL THE BUS GOT.

OVERALL SUBSCRIPTION1.42×
NII0.2×
RETAIL2.64×
THE CENTRE TICK = 1× · BUS FULL · SUBSCRIPTION FIGURES AS REPORTED BY THE EXCHANGES · TIMES THE ISSUE · INFORMATION ONLY
THE FARE TABLE · WHAT AN APPLICATION COSTS

TICKET CLASSES.

APPLICATIONLOTSSHARESAMOUNT
MINIMUM APPLICATION · AS PUBLISHED22,400₹2,76,000
EACH ROW SAYS WHETHER ITS FIGURES ARE THE QUANTITIES PUBLISHED FOR THIS ISSUE OR OUR OWN ARITHMETIC · COMPUTED ROWS ARE LOT SIZE × UPPER BAND · AMOUNTS AT THE UPPER BAND OF ₹115 · CATEGORY LIMITS PER SEBI THRESHOLDS (₹2 LAKH RETAIL CEILING, ₹10 LAKH SHNI/BHNI BOUNDARY) · INFORMATION ONLY · WE DO NOT ACCEPT OR PROCESS IPO APPLICATIONS · ONE LOT ALREADY EXCEEDS THE RETAIL CEILING ON THIS ISSUE
THE MANIFEST · ISSUE STRUCTURE

HOW THE ISSUE IS BUILT.

FACE VALUE
₹10
ISSUE TYPE
FIXED PRICE ISSUE
FRESH ISSUE
₹24.92 CR
21,67,200 SHARES
TOTAL SHARES OFFERED
21,67,200

The two legs send the money to different places: a fresh issue raises new capital for the company, while an offer for sale is existing shares being sold by existing shareholders, whose proceeds go to those sellers and not to the company.

FIGURES AS PUBLISHED FOR THIS ISSUE · CONFIRM AGAINST THE OFFICIAL RHP
THE GAUGES · VALUATION AND RETURNS

ON THE DASHBOARD.

EPS · PRE-ISSUE
10.84
EPS · POST-ISSUE
7.35
P/E RATIO
10.61
P/E · POST-ISSUE
15.65
RONW
38.86%
ROCE
60.69%
ROE
57.71%
PAT MARGIN
5.84%
EBITDA MARGIN
10.29%
PRICE / BOOK
7.66
NAV PER SHARE
₹15.01
MARKET CAP
₹81.4 CR
FIGURES STATED AS OF 31 MAR 2025 · AS PUBLISHED FOR THIS ISSUE AND REPRODUCED WITHOUT ADJUSTMENT · A REPORTED RATIO IS NOT A VIEW ON VALUE · CONFIRM AGAINST THE OFFICIAL RHP
THE LOGBOOK · REPORTED FINANCIALS

THE RUNNING RECORD.

INR CR31 MAR 2431 MAR 2531 MAR 26
ASSETS14.3419.6826.57
TOTAL INCOME40.2246.8354.78
PROFIT AFTER TAX1.962.745.2
EBITDA3.774.828.37
NET WORTH2.447.0412.24
RESERVES AND SURPLUS2.342.247.44
TOTAL BORROWING9.8410.1111.05
AMOUNTS IN INR CR · AS PUBLISHED FOR THIS ISSUE AND REPRODUCED WITHOUT ADJUSTMENT · CONFIRM AGAINST THE OFFICIAL RHP
OTHER SERVICES ON THIS ROUTE · PEER GROUP

WHO ELSE RUNS THIS LINE.

PEEREPS (BASIC)NAV (₹ PER SHARE)P/E (X)RONW (%)P/BV RATIOFINANCIAL STATEMENTS
Q&T Foods Ltd. · THIS ISSUER10.8325.5110.6242.494.6Restated
Mrs.Bectors Foods Specialties Ltd.3.8738.2954.3710.115.53Standalone
PEER GROUP STRUCK AS AT 31 MAR 2026 · AS PUBLISHED FOR THIS ISSUE · NOT LIVE MARKET QUOTES, AND NOT A COMPARISON DRAWN BY BUYUNLISTEDSHARES
THE NOTE PUBLISHED WITH THIS PEER GROUP

* Issue Price is considered as CMP. Source: All the financial information for listed industry peers mentioned above is on a standalone basis sourced from the Annual Reports of the peer company uploaded on the BSE website for the year ended March 31, 2026. Information of the Company is based on restated financial information for the period ended March 31, 2026. Notes: P/E Ratio has been computed based on the closing market price of equity shares on the BSE on August 06, 2026 divided by the Basic EPS. RoNW is computed as net profit after tax divided by Average Net worth (as restated) as at the end of the year. Net worth has been computed as sum of share capital and reserves and surplus. NAV is computed as the closing net worth divided by the closing outstanding number of equity shares. The face value of Equity Shares of our Company is Rs. 10/- per Equity Share and the Issue price is 11.5 times the face value of equity share. Net worth of Peer Company has been calculation by adding Share capital and reserve and surplus/other equity.

WHERE THE FARE GOES · OBJECTS OF THE ISSUE

WHAT THE MONEY IS FOR.

OBJECT OF THE ISSUEINR CR
To finance the Capital expenditure requirements for the purchase of Equipment/Machineries for existing manufacturing facility4.42
To part finance the requirement of Working Capital7.5
Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company6.75
To meet General corporate purposes3.92
INR CR 22.59 ALLOCATED IN TOTAL · OBJECTS AND AMOUNTS AS PUBLISHED FOR THIS ISSUE · AN OBJECT WITH NO AMOUNT AGAINST IT IS SHOWN AS PUBLISHED · CONFIRM AGAINST THE OFFICIAL RHP
THE SEATING PLAN · CATEGORY RESERVATION

WHO GETS WHICH SEATS.

NII (HNI)
10,83,600
50% of the Net Issue
RETAIL
10,83,600
50% of the Net Issue
MARKET MAKER
1,15,200
SHARES
21,67,200 SHARES ACROSS ALL CATEGORIES · CATEGORY SPLIT AS PUBLISHED FOR THIS ISSUE · CONFIRM AGAINST THE OFFICIAL RHP
ABOUT THIS SERVICE

Q&T Foods Limited is a regional bakery products manufacturer operating under its flagship “American Bakers” brand. The company offers a diversified range of everyday bakery products, including Milk Bread, White Bread, Brown Bread, Multigrain Bread, Burger Buns, Pav, Kulcha, and Pizza Bases. It primarily serves Uttar Pradesh and adjoining markets through a distribution network of 50+ dealers . The company operates an ISO 22000:2018 and HACCP-certified manufacturing facility in Ghaziabad, Uttar Pradesh, with an installed capacity of 9,472 TPA . With 37 employees as of May 31, 2026, Q&T Foods is supported by an experienced promoter and an integrated manufacturing setup. The company has demonstrated steady growth, with revenue from operations increasing from ₹36.85 crore in FY23 to ₹46.83 crore in FY25 , supported by its established brand, expanding distribution network, and operational efficiencies.

THE CREW · WHO IS RUNNING THIS SERVICE

ON THE ROSTER.

PROMOTERS
NAMES
Nishant Raj Gupta, Khushbu Varshney, Usha Gupta, Rakesh Gupta
HOLDING PRE-ISSUE
91.28%
HOLDING POST-ISSUE
61.85%
BOOK-RUNNING LEAD MANAGERS
1 APPOINTED
Corporate Makers Capital Ltd.
REGISTRAR TO THE ISSUE
NAME
Skyline Financial Services Pvt.Ltd.
PHONE
011-26812682
THE COMPANY
PHONE
+91-9355612523
REGISTERED OFFICE
1/361 SF, Vaishali, Ghaziabad, Uttar Pradesh, 201010
DETAILS AS PUBLISHED FOR THIS ISSUE · ALLOTMENT IS HANDLED BY THE REGISTRAR, NOT BY BUYUNLISTEDSHARES · WE NEVER ASK FOR PAN OR APPLICATION DETAILS
THE ENQUIRY DESK · QUESTIONS

COMMON QUESTIONS.

What is the Q&T Foods IPO price band?+

The indicative price band is ₹115 per share. The binding terms are the ones in the Red Herring Prospectus (RHP).

What is the lot size of the Q&T Foods IPO?+

One lot is 1200 shares. At the upper band of ₹115, one lot works out to ₹1,38,000.

When does the Q&T Foods IPO open and close?+

The issue opened on 12 Aug 2026 and closed on 14 Aug 2026. Dates can move — the registrar and the exchange notices are the record.

When is the Q&T Foods IPO allotment?+

Allotment is scheduled for 17 Aug 2026. The basis of allotment is published by the registrar to the issue. BuyUnlistedShares does not accept, process or track IPO applications.

When did Q&T Foods list?+

Listing took place on 19 Aug 2026 on BSE SME.

Where will Q&T Foods be listed?+

Q&T Foods is listed on BSE SME. It is an SME issue, so it trades on the SME platform.

How large is the Q&T Foods IPO?+

The issue size is ₹26.25 Cr — a fresh issue of ₹24.92 cr. Figures are indicative and subject to the RHP.

How was the Q&T Foods IPO subscribed?+

The issue was subscribed 1.42× overall. By category: nii 0.2×, retail 2.64×. Subscription figures are as reported by the exchanges.

At what price did Q&T Foods list?+

Q&T Foods listed at ₹115, +0% against the issue price.

Who is the registrar for the Q&T Foods IPO?+

The registrar to the issue is Skyline Financial Services Pvt.Ltd. (011-26812682), ipo@skylinerta.com.

Where can I check the Q&T Foods IPO allotment status?+

Allotment status is published by the registrar on its own official portal: https://www.skylinerta.com/ipo.php. Use the registrar's site directly — BuyUnlistedShares does not ask for PAN, application numbers or any other applicant detail.

What is the P/E ratio of the Q&T Foods IPO?+

The P/E ratio on file for this issue is 10.61, and the post-issue P/E is 15.65, stated as of 31 Mar 2025. A reported ratio is not a view on value.

‹ SEE EVERY SERVICE ON THE DEPARTURES BOARD
ASK ABOUT UNLISTED SHARES →
PRE-IPO STOCK ONLY · WE DO NOT ACCEPT IPO APPLICATIONS
Dates, price band, lot size, issue size and subscription figures are indicative and subject to the official Red Herring Prospectus (RHP). Application amounts shown in the fare table are arithmetic on the lot size and the upper band against SEBI's category thresholds — they are not an application facility and we do not accept IPO applications. GMP is unofficial grey-market chatter that changes daily — not a target, not a quote and not a recommendation. This page is information only: it is not an offer to deal and not investment advice. BuyUnlistedShares provides information and research, not buy/sell recommendations. All IPOs carry market risk — read the RHP and assess suitability before applying.
© 2026 BUYUNLISTEDSHARES · A BRAND OF GAYATRI FINANCIAL SYNERGY · SINCE 2002 · ‹ BACK TO THE RIDE
TODAY'S INDICATIVE PRICES — PARAG PARIKH FINANCIAL ADVISORY SERVICES LIMITED ₹20,400 · CAPGEMINI TECHNOLOGY SERVICES INDIA LIMITED ₹10,400 · HDFC SECURITIES LIMITED ₹7,990 · NATIONAL STOCK EXCHANGE (NSE) ₹1,985 · BOAT (IMAGINE MARKETING LIMITED) ₹895 · CHENNAI SUPER KINGS (CSK) ₹249 · BIRA 91 (B9 BEVERAGES LIMITED) ₹82 · ZEPTO ₹33 · ORAVEL STAYS (OYO ROOMS) ₹24.5 · HUTTI GOLD MINES COMPANY LIMITED ₹1,19,838 — INDICATIVE, NOT AN OFFER TO DEAL —TODAY'S INDICATIVE PRICES — PARAG PARIKH FINANCIAL ADVISORY SERVICES LIMITED ₹20,400 · CAPGEMINI TECHNOLOGY SERVICES INDIA LIMITED ₹10,400 · HDFC SECURITIES LIMITED ₹7,990 · NATIONAL STOCK EXCHANGE (NSE) ₹1,985 · BOAT (IMAGINE MARKETING LIMITED) ₹895 · CHENNAI SUPER KINGS (CSK) ₹249 · BIRA 91 (B9 BEVERAGES LIMITED) ₹82 · ZEPTO ₹33 · ORAVEL STAYS (OYO ROOMS) ₹24.5 · HUTTI GOLD MINES COMPANY LIMITED ₹1,19,838 — INDICATIVE, NOT AN OFFER TO DEAL —