Abram Food Limited IPO
Agra-based staples and edible oils manufacturer, Abram Food Limited, is set to launch its Initial Public Offering (IPO) on Tuesday, June 24, 2025. The company aims to raise ₹13.99 crore through a fixed-price issue on the BSE SME platform. The IPO, which will close for subscription on Thursday, June 26, 2025, consists of a fresh issue of 14,28,000 equity shares.
Abram Food Limited IPO Details and Investment
The company has fixed the issue price at ₹98 per share, with a face value of ₹10 per share. Investors can bid for a minimum lot of 1,200 shares, translating to a minimum investment of ₹1,17,600 for retail investors. High Net-worth Individuals (HNIs) are required to apply for a minimum of two lots, or 2,400 shares, for a total investment of ₹2,35,200.
The issue is being managed by Corporate Makers Capital Ltd. as the book-running lead manager, with Kfin Technologies Limited serving as the registrar. Giriraj Stock Broking Private Limited has been appointed as the market maker for the IPO.
Abram Food Limited Strong Financial Growth
Abram Food has demonstrated impressive financial performance. For the financial year ending March 31, 2025, the company reported a staggering 220% increase in Profit After Tax (PAT), which stood at ₹3.26 crore, up from ₹1.02 crore in the previous year. Revenue from operations saw a significant 77% jump, reaching ₹64.09 crore for FY2025 compared to ₹36.14 crore for the period ending March 31, 2024, and ₹33.16 crore in FY2023. This growth is also reflected in the company’s net worth, which expanded to ₹8.43 crore in FY2025 from ₹4.15 crore in the prior year.
About the Company
Incorporated in 2009, Abram Food Limited is engaged in the manufacturing and trading of a wide range of food products. The company markets its products, which include Chana Dal, Flour (Chakki Atta), Besan, Spices, and Edible Oils, under the brand name “Kherliwala”. Its primary markets are Rajasthan, Delhi/NCR, and Uttar Pradesh, where it operates through a robust network of distributors.
Objectives of the Abram Food Limited IPO
The company plans to utilize the net proceeds from the public offering for several key initiatives. A sum of ₹6.70 crore is allocated for funding working capital requirements, while ₹3.85 crore will be used for capital expenditure towards the purchase of new machinery. An additional ₹2.05 crore is earmarked for general corporate purposes, with the remaining ₹1.40 crore covering issue-related expenses.
Abram Food Limited Promoters
Following the IPO, the promoter shareholding in the company will be diluted from 93.14%.
Abram Food Limited IPO Timeline(Tentative)
Investors should take note of the key dates for the IPO. The subscription window opens on Tuesday, June 24, 2025, and will close on Thursday, June 26, 2025. The final allotment of shares is tentatively scheduled for Friday, June 27, 2025. Following this, the initiation of refunds and the credit of shares to demat accounts are planned for Monday, June 30, 2025. Abram Food Limited is expected to make its stock market debut with a tentative listing on the BSE SME platform on Tuesday, July 1, 2025.