In Progress
Valuation
Market Cap
₹192.18 Cr
P/E Ratio
8.77x
P/B Ratio
3.22x
Peshwa Wheat IPO Dates
Open
Close
Allotment
Refunds
Credit
Listing
Conflicting IPOs
IPOs with overlapping timeline
Adroit Industries IPO
Sep 23 - Sep 25
SK Offset IPO
Sep 23 - Sep 25
Unitec Fibres IPO
Sep 23 - Sep 25
Pooja Logistics IPO
Sep 23 - Sep 25
Liqvd Digital IPO
Sep 23 - Sep 25
Armee Infotech IPO
Sep 23 - Sep 25
Swastika Infra IPO
Sep 23 - Sep 25
Elevate Campuses IPO
Sep 23 - Sep 25
Coreintegra IPO
Sep 23 - Sep 25
A-One Steel IPO
Sep 24 - Sep 28
Moneyview IPO
Sep 24 - Sep 28
Benchmark Infotech IPO
Sep 25 - Sep 29
Business Overview
Peshwa Wheat Limited was formed as a partnership firm in 2017 and converted into a public limited company in December 2023. It processes wheat-based products including Atta, Sortex Wheat and Broken Wheat, alongside Gram Flour (Besan) and Maize Flour, with presence in the 50 kg and 30 kg packing segment. It operates a modern, integrated flour processing unit with advanced milling and cleaning technology at Bijepur, Indore, Madhya Pradesh, with an installed capacity of 56,100 MTPA. The company is FSSAI-accredited and holds ISO 22000:2018 certification for food safety management. Products are sold B2B mainly across Madhya Pradesh, Maharashtra, Karnataka and Gujarat, through Super Stockists and direct bulk sales, and it also trades in vegetables such as potatoes and tomatoes within Madhya Pradesh.
Lots & IPO Size
Peshwa Wheat IPO Lot Size
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Ind (Min) | 2 | 2,400 | ₹2,42,400 |
| Ind (Max) | 2 | 2,400 | ₹2,42,400 |
| S-HNI (Min) | 3 | 3,600 | ₹3,63,600 |
| S-HNI (Max) | 8 | 9,600 | ₹9,69,600 |
| B-HNI (Min) | 9 | 10,800 | ₹10,90,800 |
Market Maker
₹2.95 L
Employee
₹0.00
Shareholder
₹0.00
Peshwa Wheat IPO Size
Total
₹54 Cr
Fresh Issue
₹54 Cr
(0.53 Cr
Shares)
Offer For Sale
₹0
(0.00
Shares)
Objects of the Issue
Funding Capital Expenditure towards Purchase of Plant and Machineries
Funding Capital Expenditure towards Civil Construction
Funding Working Capital Requirements
General Corporate Purposes & Issue Expenses
Total
Key Risk Factors
The company relies on a limited number of customers for its sales; loss of any major customer could adversely impact revenue and profitability.
Key Risk Factors
The company relies on a limited number of customers for its sales; loss of any major customer could adversely impact revenue and profitability.
The company relies on a limited number of suppliers for raw material procurement; loss of any key supplier could impact its business operations.
The company has reported negative cash flows from operating, investing and financing activities in certain past periods, which could impact its growth and business.
The company sources 100% of its raw materials (wheat, chana dal, maize) from Madhya Pradesh, exposing it to state-specific operational and financial risks.
Wheat, chana dal, maize kernel and their flours require controlled storage conditions; inadequate storage may cause spoilage, infestation or loss of product value.
Changing consumer preference toward alternative grain-based and health-focused products may adversely affect the company's existing product portfolio and market position.
Variations in the quality of raw materials such as wheat, chana and maize due to climatic and supply-chain factors may adversely affect overall product quality.
The company depends on a limited number of states, mainly Madhya Pradesh (97.21% of FY26 revenue), for a significant portion of its revenue from operations.
The company's brand name and logo are not yet registered; trademark applications face objections, and inability to protect IP may adversely affect business and goodwill.
The company's registered office, processing unit and warehouses are leased, not owned; inability to renew leases or adverse title issues may impede operations.
Peshwa Wheat IPO Details Live GMP
GMP
₹0
Est. Price
₹101
Est. Gain
0.00%
| Date | GMP (₹) | Est. Price |
|---|---|---|
| 21 Sep | ₹0 (0%) | ₹101 |
Peshwa Wheat IPO Peer Comparison
(Rs. in crores)
| Particulars | Peshwa Wheat | Baba Foods | Megastar Foods |
|---|---|---|---|
| Revenue | 215.94 | 205.04 | 532.58 |
| PAT | 15.81 | 3.07 | 9.16 |
| EPS (₹) | 11.51 | 1.89 | 8.11 |
| NAV (₹) | 31.37 | 40.64 | 90.42 |
| RONW | 36.71% | 4.63% | 8.97% |
| EBITDA | 10.53% | 3.00% | 6.63% |
| PAT Mrgn | 7.32% | 1.50% | 1.72% |
| PE Ratio | 8.77 | 13.10 | 40.93 |
| Debt to Equity | 0.55 | 0.47 | 1.29 |
All information pertains to FY 2025-26. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of July 31, 2026 for Peers
Peshwa Wheat IPO Financial Performance
(Rs. in crores)
| Particulars | Mar-26 | Mar-25 | Mar-25 |
|---|---|---|---|
| Revenue | 215.94 | 171.54 | 43.79 |
| Profit | 15.81 | 11.84 | 5.21 |
| Net Worth | 43.06 | 27.26 | 15.42 |
| Borrowings | 23.74 | 22.60 | 7.93 |
| Assets | 80.60 | 65.95 | 31.17 |
| NAV (₹) | 31.37 | 19.85 | 12.20 |
| EPS (₹) | 11.51 | 8.62 | 4.54 |
Key Performance Indicators (KPIs)
Debt to Equity
0.55
All the data pertains to FY 2025-26. PE, PB, and market capitalization are calculated based on the Upper Price Band.
Peshwa Wheat IPO Financial Statements
(Rs. in crores)
| Particulars | Mar-26 | Mar-25 | Mar-25 |
|---|---|---|---|
| Revenue from Ops | 215.94 | 171.54 | 43.79 |
| Other Income | 0.02 | 0.01 | 0.01 |
| Total Income | 215.96 | 171.55 | 43.81 |
| Cost of Revenue | 191.95 | 150.12 | 42.93 |
| Changes in Inventories | -1.65 | 0.13 | -7.27 |
| Employee Expense | 0.84 | 1.09 | 0.27 |
| Finance Costs | 1.09 | 1.13 | 0.14 |
| Depreciation | 0.42 | 0.89 | 0.09 |
| Other Expenses | 2.06 | 2.14 | 0.96 |
| Total Expenses | 194.72 | 155.51 | 37.12 |
| Profit Before Tax | 21.24 | 16.04 | 6.69 |
| Tax Expense | 5.44 | 4.21 | 1.47 |
| Profit After Tax | 15.81 | 11.84 | 5.21 |
| EPS — Basic (₹) | 11.51 | 8.62 | 7.82 |
| EPS — Diluted (₹) | 11.51 | 8.62 | 7.82 |
| Particulars | Mar-26 | Mar-25 | Mar-25 |
|---|---|---|---|
| Equity Share Capital | 13.73 | 13.73 | 6.86 |
| Reserves & Surplus | 29.34 | 13.53 | 8.56 |
| Total Equity | 43.06 | 27.26 | 15.42 |
| Total Borrowings | 23.74 | 22.60 | 7.93 |
| Trade Payables | 3.58 | 2.73 | 4.39 |
| Short-Term Provisions | 9.83 | 12.76 | 2.03 |
| Other Liabilities | 0.38 | 0.60 | 1.40 |
| Total Equity & Liab | 80.60 | 65.95 | 31.17 |
| Fixed Assets | 4.10 | 4.62 | 5.20 |
| Inventories | 29.92 | 23.34 | 18.30 |
| Trade Receivables | 28.07 | 19.18 | 5.27 |
| Cash & Bank Bal | 17.65 | 1.85 | 1.70 |
| Other Assets | 0.85 | 16.96 | 0.69 |
| Total Assets | 80.60 | 65.95 | 31.17 |
| Particulars | Mar-26 | Mar-25 | Mar-25 |
|---|---|---|---|
| Cash Flow from Operating Activities | 15.64 | -13.10 | -2.02 |
| Cash Flow from Investing Activities | 0.12 | -0.29 | -1.69 |
| Cash Flow from Financing Activities | 0.04 | 13.55 | 5.03 |
| Net Change in Cash & Equivalents | 15.81 | 0.15 | 1.33 |
| Cash & Equivalents at End of Period | 17.65 | 1.85 | 1.70 |
Promoter Holding
Promoter
72.61%
Public
27.39%
Rahat Ali Saiyed
17.85%
Sadaf Saiyed
21.12%
Shehnaj
15.57%
Riyazuddin Qureshi
13.55%
Mo Jed
4.52%
Management
Rahat Ali Saiyed
Age: 42
MD
Remuneration
₹Up to Rs.18.00 Lakhs p.a. (Bonus); Rs.18.00 Lakhs paid in FY 2025-26
Education
B.A. & M.A. (Devi Ahilya Vishwavidyalaya, Indore)
Prior Experience
More than 7 years in the Agriculture and Food Industry.
Sadaf Saiyed
Age: 38
WTD
Remuneration
₹Up to Rs.18.00 Lakhs p.a. (Bonus); Rs.18.00 Lakhs paid in FY 2025-26
Education
B.A. & M.A. (Devi Ahilya Vishwavidyalaya, Indore)
Prior Experience
More than 7 years in the Agriculture and Food Industry.
Anshul Garg
CFO
Remuneration
₹Rs.3.00 Lakhs paid in FY 2025-26
Education
CA Intermediate (ICAI)
Prior Experience
More than 8 years in Accounts and Finance; previously at Sarika Jain & Co.
Registrar & Lead Managers
Registrar
Maashitla Securities
Lead Managers (1)
Company Details
Name: Peshwa Wheat Limited
Address: 308 The One, A Block RNT Marg, Near Silver Mall, Tukoganj, Indore- 452001, Madhya Pradesh.
Number: +91 88788 76796
Email: info@peshwawheat.com
Website: https://peshwawheat.com
Explore More IPOs
Discover other active and upcoming IPOs.
Live IPOs
View All
Opening Soon
View All
Recently Closed
View All
Frequently Asked Questions (FAQs)
What is Peshwa Wheat IPO?
Peshwa Wheat IPO is a SME IPO having an issue size of
₹54 Crs.
Peshwa Wheat IPO is priced at
₹95 - ₹101 per
share.
The
issue opens on 24 Sep 26
and
closes on 28 Sep 26.
When will Peshwa Wheat IPO open?
Peshwa Wheat IPO opens on
24 Sep 26 and closes on
28 Sep 26.
What is the GMP of Peshwa Wheat IPO?
The estimated Grey Market Premium of Peshwa Wheat IPO is
₹0 per share (0.00%).
What is the lot size of Peshwa Wheat IPO?
The minimum lot size of Peshwa Wheat IPO is
1200 shares & the minimum application amount
is
Rs.
121200.
When is the allotment of Peshwa Wheat IPO?
The allotment date of Peshwa Wheat IPO is
29 Sep 26.
What is the listing date of Peshwa Wheat IPO?
The listing date of Peshwa Wheat IPO is
01 Oct 26.
What is the subscription of Peshwa Wheat IPO?
Peshwa Wheat IPO is subscribed
-.
What is the price band of Peshwa Wheat IPO?
Peshwa Wheat IPO is priced at
₹95 - ₹101 per
share.
How to check allotment status of Peshwa Wheat IPO?
Click the allotment link on Peshwa Wheat IPO page of IPO360.
How to apply Peshwa Wheat IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Peshwa Wheat IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Peshwa Wheat IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Peshwa Wheat IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date
Delete Comment?
Are you sure you want to delete this comment? This action cannot be undone.
Discussion
Join the discussion!
Log In to CommentNo comments yet. Be the first to share your thoughts!