Peshwa Wheat
Peshwa Wheat Ltd. is engaged in the processing of wheat-based products like Atta, Sortex Wheat, Broken Wheat, and other flour products including Gram Flour (Besan) and Maize Flour, along with trading of vegetables like potatoes and tomatoes.
Price Band
₹101
Lot Size
2,400 Shares
Issue Size
₹53.52 Cr
Fresh Issue
₹53.52 Cr
OFS
Nil (100% Fresh)
Registrar
AI Sentiment Score
Listing Price
₹100.05
vs Issue: ₹101 (-0.94%)
📅 IPO Timeline
✓
Open
Sep 24, 2026
✓
Close
Sep 28, 2026
✓
Allotment
Sep 29, 2026
✓
Refund
Sep 30, 2026
✓
Demat
Sep 30, 2026
✓
Listing
Oct 1, 2026
📈 Grey Market Premium (GMP) Trendline
Daily consensus GMP movement (₹) recorded across market sources
✨ AI Analysis & Prediction
🔒 Final Reconciled Estimate
Locked post-listing with actual debut performance
Peshwa Wheat IPO demonstrates strong institutional backing with 177.12x QIB subscription, though tempered by low NII interest. Financials show consistent top-line growth (Revenue ₹215.96 Cr in FY26) and healthy ROE of 44.96%. The issue size is modest at ₹53.52 Crores, operating in the wheat-based processing sector.
💪 Strengths
- Strong institutional demand with 177.12x QIB subscription
- High Return on Equity (ROE) of 44.96% and ROCE of 33.44%
- Zero waste processing model utilizing by-products for cattle feed
⚠️ Weaknesses
- Very weak HNI/NII subscription at 0.35x
- Relatively short operating history since foundation in 2023
🚀 Opportunities
- Expansion of B2B and direct institutional supply network across additional states
- Growing demand for packaged wheat flour and food products
🛡️ Threats
- Volatile raw material prices for wheat and agricultural produce
- Competitive pressures in the localized food processing and flour milling industry
🎯 Objectives of the IPO
| Requirement / Purpose | Amount (₹ Cr) |
|---|---|
| Funding Capital Expenditure towards Purchase of Plant and Machineries | ₹6.69 |
| Funding Capital Expenditure towards Civil Construction | ₹5.01 |
| Funding working capital requirements of the Company | ₹26.50 |
| General Corporate Purposes | ₹15.32 |
📊 Financial Overview & Growth Trajectory
Multi-year operational scale & net profitability trajectory
| Metric | FY23 | FY25 | FY26 |
|---|---|---|---|
| Revenue (₹ Cr) | Rs 14.00 Cr | Rs 172.00 Cr | Rs 216.00 Cr |
| Net Profit / PAT (₹ Cr) | Rs 1.00 Cr | Rs 12.00 Cr | Rs 16.00 Cr |
| EBITDA / Op. Profit (₹ Cr) | Rs 2.00 Cr | Rs 18.00 Cr | Rs 23.00 Cr |
| Borrowings (₹ Cr) | NA | Rs 23.00 Cr | Rs 24.00 Cr |
| Total Assets (₹ Cr) | NA | Rs 66.00 Cr | Rs 81.00 Cr |
| ROCE % | NA | 47.00% | 38.00% |
📋 Live Subscription Status
QIB
177.12x
NII
0.35x
Retail
1.72x
Total
2.77x
🎯 Retail Allotment Probability
58.1% Odds
1 in 1.7 chance (~58.1% probability per PAN)
SEBI Rule: Under SEBI lottery allotment rules, applying for multiple lots under Retail does NOT increase your lottery odds. All valid retail applicants have identical 1-lot odds per PAN.
Updated: Oct 2, 2026 8:06 AM
💼 Issue Structure & Reservation Quota
Capital Structure
₹53.5 Cr
Issue Size
Fresh (100%)
Reservation Quota
100%
Allocation
QIB (50%)
NII (15%)
Retail (35%)
QIB
50.00%
Retail
35.00%
NII
15.00%
📈 Shareholding & Anchor Lock-In
🔗 Important Links & Lead Managers
- Registrar WebsiteVisit →
- Download DRHP ProspectusDownload PDF 📥
- Download RHP ProspectusDownload PDF 📥
Lead Managers / Merchant Bankers
This issue is managed by Hem Securities Ltd., and Share India Capital Services Pvt. Ltd.
Disclaimer: The information provided on this page is for educational and informational purposes only and does not constitute financial advice. IPO investments are subject to market risks. AI-generated analysis is based on publicly available data and may not be accurate. Grey Market Premium (GMP) is unofficial and highly speculative. Always consult a qualified financial advisor and read the DRHP/RHP carefully before making investment decisions.
Founded in 2023, the company operates via B2B segments across Madhya Pradesh, Maharashtra, Karnataka, and Gujarat, supplying to restaurants, bakeries, wholesalers, and super stockists. It utilizes a zero-waste model where wheat-by products like bran are used as cattle feed.
The ₹53.52 Cr IPO is entirely a fresh issue priced at ₹95 to ₹101 per share with a minimum lot size of 2400 shares. It has a high QIB subscription of 177.12x offsetting a weak NII subscription of 0.35x, leading to a moderate overall outlook.