Abram Food IPO is scheduled to open on June 24, 2025 (Tuesday) and will close on June 26, 2025 (Thursday). The basis of allotment will be finalized on June 27, 2025 (Friday), while refunds and credit to demat accounts will be processed on June 30, 2025 (Monday). The IPO is expected to list on the NSE SME platform on July 1, 2025 (Tuesday).
Abram Food IPO is a fixed price issue with a price of ₹98 per share. The company aims to raise approximately ₹13.29 crores through a fresh issue of 14.28 lakh shares. There is no offer-for-sale component in this IPO. The IPO has reserved 35% of the portion for retail investors, 50% for QIBs, and 15% for HNIs. Investors can apply for a minimum lot size of 1,200 shares, amounting to ₹1,17,600. For HNIs, the minimum application size is 2 lots (2,400 shares), which equals ₹2,35,200.
Financially, the company has shown solid growth. In FY2025, Abram Food reported a revenue of ₹64.09 crores compared to ₹36.14 crores in FY2024. Net profit also increased to ₹3.26 crores in FY2025 from ₹1.02 crores in the previous year. Based on these numbers, the IPO appears promising for long-term investors.
Overview of Contents
About Abram Food
Abram Food Limited, incorporated in 2009, is mainly involved in the manufacturing and trading of food products like Chana Dal, Besan, Chakki Atta, Multi-Grain Atta, Maida, Sooji, spices, cattle feed (Khal), and edible oils. The company sells these products under the brand name “Kherliwala” across Rajasthan, Delhi/NCR, and Uttar Pradesh through a strong distributor network.
Most of their products such as Chana Dal, Atta, Besan, Chana Churi, and cattle feed are supplied in bulk packaging of 30 to 50 kilograms and then sold in smaller quantities by retailers. Abram Food takes pride in offering food products processed without using artificial chemicals or preservatives, maintaining high quality and freshness.
Their range includes flours like Rajasthan Royal Besan, Maida, Suji, Chakki Fresh Atta, and Multi-Grain Atta, as well as a variety of oils and spices. The company’s production facility is located in Alwar, Rajasthan, within the Matsya Industrial Area, spread over 3000 square meters and fully equipped for cleaning, drying, grinding, and packaging operations. This location helps them serve customers efficiently in Rajasthan and Delhi/NCR. As of November 30, 2024, the company employs 15 people. With its strategically located plant, established sales and distribution system, strong customer relationships, and professional management, Abram Food continues to grow steadily by using its resources effectively.
Abram Food IPO Overview
| IPO Particulars | Details |
| Listing Exchange | BSE SME |
| Face Value | ₹10 per equity share |
| Issue Price | ₹98 per share |
| Lot Size | 1,200 shares |
| Total Issue Size | 14,28,000 shares (₹13.99 Cr) |
| Fresh Issue | 13,56,000 shares (₹13.29 Cr) |
| Reserved for Market Maker | 72,000 shares (₹0.71 Cr) |
| Issue Type | Fixed Price Issue |
| Retail Investor Quota | Not more than 35% |
| QIB Quota | Not more than 50% |
| NII Quota | Not more than 15% |
| Pre-Issue Shareholding | 37,26,000 shares |
| Post-Issue Shareholding | 51,54,000 shares |
| Lead Manager | Giriraj Stock Broking Pvt. Ltd. |
Abram Food IPO Prospectus
| DRHP | Click here |
|---|---|
| RHP | Click here |
Abram Food IPO Dates
| Event | Date (Day) |
|---|---|
| IPO Open Date | June 24, 2025 (Tuesday) |
| IPO Close Date | June 26, 2025 (Thursday) |
| Basis of Allotment | June 27, 2025 (Friday) |
| Refunds Initiation | June 30, 2025 (Monday) |
| Credit to Demat Account | June 30, 2025 (Monday) |
| IPO Listing Date | July 1, 2025 (Tuesday) |
Abram Food IPO Lot Size
Retail investors can apply for the Abram Food IPO with a minimum of 1 lot (1,200 shares), requiring an investment of ₹1,17,600. Since the lot size is fixed, the maximum limit for retail investors remains the same. High Net-worth Individuals (HNIs) need to apply for at least 2 lots (2,400 shares) to be eligible. Here’s a breakdown of the investment:
| Application Type | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Minimum & Max) | 1 | 1,200 | ₹1,17,600 |
| HNI (Minimum) | 2 | 2,400 | ₹2,35,200 |
Abram Food IPO Promoter Holding
Mr. Brij Bhushan, Ms. Mona Singhal, and Mr. Arpit Gupta are the promoters of Abram Food Limited. Before the IPO, the promoters held 93.14% of the company’s shares, which will reduce to 67.33% after the issue.
Abram Food IPO Financial Performance
Abram Food Limited has shown strong financial growth over the years. As of March 31, 2025, the company’s revenue increased to ₹64.09 crore from ₹36.14 crore in 2024, marking a 77% rise. The profit after tax also grew significantly by 220%, reaching ₹3.26 crore in FY25 compared to ₹1.02 crore in FY24. The company’s assets, EBITDA, and net worth have also improved, reflecting overall financial strength and better performance.
| Financial Year Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets (₹ Cr.) | 17.09 | 10.62 | 7.73 |
| Revenue (₹ Cr.) | 64.09 | 36.14 | 33.16 |
| Profit After Tax (₹ Cr.) | 3.26 | 1.02 | 0.48 |
| EBITDA (₹ Cr.) | 5.07 | 1.96 | 1.03 |
| Net Worth (₹ Cr.) | 8.43 | 4.15 | 3.13 |
| Reserves & Surplus (₹ Cr.) | 4.70 | 1.26 | 2.89 |
| Total Borrowing (₹ Cr.) | 7.13 | 6.01 | 4.39 |
Objects of the Issue
- Capital Expenditure for purchase of machineries
- Funding of Working Capital Requirement of the company
- General corporate purposes
- Issue related expenses in relation to Issue
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| HOAC Food India Limited | 6.69 | 27.89 | 21.82% | 29.62 | ₹26.48 Cr. |
| Contil India Limited | 1.63 | 18.63 | 18.16% | 7.46 | ₹32.57 Cr. |
| Jetmall Spices and Masala Limited | (1.24) | (9.60) | (8.26%) | 15.06 | ₹0.74 Cr. |
Abram Food IPO Valuation – FY2025
Abram Food Limited has shown strong financial performance for FY2025. The company reported an impressive Return on Equity (ROE) of 38.62% and Return on Capital Employed (ROCE) of 56.02%, reflecting efficient use of its resources. With an EPS of ₹9.05 and a P/E ratio of 10.83 based on the issue price, the valuation appears reasonable. The Net Asset Value (NAV) stood at ₹22.62 per share, and the debt-to-equity ratio was 0.85, indicating a manageable leverage position.
| KPI | Value |
|---|---|
| Return on Equity (ROE) | 38.62% |
| Return on Capital Employed (ROCE) | 56.02% |
| EBITDA Margin | 7.92% |
| PAT Margin | 5.08% |
| Debt to Equity Ratio | 0.85 |
| Earnings Per Share (EPS) | ₹9.05 (Basic) |
| Price/Earnings (P/E) Ratio | 10.83 |
| Return on Net Worth (RoNW) | 38.62% |
| Net Asset Value (NAV) | ₹22.62 |
Abram Food IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
IPO Lead Managers aka Merchant Bankers
- Corporate Makers Capital Ltd
Company Address
Abram Food Limited
605, Pearl Business Park,
Nr. Fun Cinema, Netaji Subhash Place,
Pitampura,
New Delhi, New Delhi, 110034
Phone: +91-9983433244
Email: [email protected]
Website: http://www.abramfood.in/
Abram Food IPO FAQs
What is the open and close date for the Abram Food IPO?
The IPO is scheduled to open on June 24, 2025 (Tuesday) and will close on June 26, 2025 (Thursday).
What is the issue size of Abram Food IPO?
The total issue size is ₹13.99 crores, consisting entirely of a fresh issue of 14,28,000 equity shares.
What is the IPO price and lot size?
The IPO is priced at ₹98 per share, and the minimum lot size is 1,200 shares, requiring an investment of ₹1,17,600.
On which exchange will Abram Food IPO be listed?
The IPO will be listed on the BSE SME platform.
What is the expected listing date of the Abram Food IPO?
The tentative listing date is July 1, 2025 (Tuesday).
What are the promoter holdings before and after the IPO?
The promoters held 93.14% before the issue, which will reduce to 67.33% post-issue.
What is Abram Food Limited’s primary business?
Abram Food is engaged in the manufacturing and trading of Chana Dal, Atta, Besan, Spices, Cattle Feed, and Edible Oils under the brand “Kherliwala”.