Abram Food Limited (BSE SME)
June 24, 2025 – June 26, 2025
| Price | ₹98 - ₹98 |
| Premium | ₹8 |
|---|---|
| Lot size | 1200 |
| Allotment | Jun 27, 2025 |
| Listing | Jul 1, 2025 |
About
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail (10000 to 2 lakh) | 1 | 1200 | 117600 | 565 |
| HNI (2 lakh to 5 lakh) | 2 | 2400 | 235200 | 565 |
IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 47.5% | 678000 |
| Other | 47.5% | 678000 |
| Market Maker | 5.04% | 72000 |
| Total No. of Shares | 100.0% | 1428000 |
IPO Details
| Total Issue Size | 14,28,000 shares (aggregating up to 13.99 Cr) |
| Fresh Issue | 14,28,000 shares (aggregating up to 13.99 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 37,26,000 shares |
| Share Holding Post Issue | 51,54,000 shares |
| Market Maker Portion | 72,000 shares |
| Market Maker | Giriraj Stock Broking Private Limited. |
Key Performance Indicator
| KPI | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 38.62% | 24.54% | 15.41% |
| ROCE | 56.02% | 45.73% | 29.09% |
| EPS (basic) | 9.05 | 2.94 | 1.39 |
| P/E Pre IPO | |||
| P/E Post IPO |
Company Financials In Crore
| Period Ended | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| Assets | 17.09 | 10.62 | 7.73 |
| Revenue | 64.09 | 36.14 | 33.16 |
| Profit After Tax | 3.26 | 1.02 | 0.48 |
| EBITDA | 5.07 | 1.96 | 1.03 |
| Net Worth | 8.43 | 4.15 | 3.13 |
| Reserves and Surplus | 4.7 | 1.26 | 2.89 |
| Total Borrowing | 7.13 | 6.01 | 4.39 |
Company Overview
Founded: 2009
Location: Manufacturing facility at B-34, Matsya Industrial Area, Alwar, Rajasthan (3000 sq. meters).
Employees: 15 (as of November 2024).
Operations: Manufacturing, processing, and trading of food products and cattle feed.
Brand: "Kherliwala" (marketed in Rajasthan, Delhi/NCR, and Uttar Pradesh).
Product Portfolio
Staples:
Chana Dal, Chakki Atta (Flour), Besan (Rajasthan Royal Besan), Maida, Sooji, Multi-Grain Atta.
Edible Oils, Spices (e.g., Rajasthan Royal Chilli Powder).
Cattle Feed:
Chana Churi, Khal (sold in bulk: 30–50 kg packs).
Key Features:
No artificial preservatives/chemicals.
Bulk packaging for distributors; retailed loose.
Market & Distribution
Regions: Rajasthan, Delhi/NCR, Uttar Pradesh.
Network: Distributor-based model (bulk → loose retail).
Abram Food IPO Objectives
The company intends to utilize the net proceeds from the IPO for the following purposes:
Capital Expenditure (Purchase of Machinery) – ₹3.85 crores
Working Capital Requirements – ₹6.70 crores
General Corporate Purposes – ₹2.05 crores
IPO-Related Expenses – ₹1.40 crores
Total Expected Utilization: ₹14.00 crores
Strength
Strategic Manufacturing Location: The company’s production facility in Alwar, Rajasthan, is strategically positioned to efficiently serve key markets like Rajasthan and Delhi/NCR, enabling faster distribution and reduced logistics costs.
Strong Distribution Network: With a wide-reaching and well-established sales and distribution system, the company effectively delivers its products across Rajasthan, Delhi/NCR, and Uttar Pradesh through a network of trusted distributors.
Experienced Leadership Team: A skilled and professional senior management team drives the company's operations, bringing industry expertise and strategic direction to support consistent growth.
Weakness
Regulatory Uncertainty: Frequent changes in India's regulatory landscape may introduce new compliance requirements, potentially impacting business operations and increasing costs.
Risk of Negative Cash Flows: Past instances of negative cash flow raise concerns about financial stability. Continued cash flow issues could affect the company's liquidity and operational performance.
Seasonal Business Volatility: The company's revenue and profitability are influenced by seasonal trends, which may lead to unpredictable financial results throughout the year.
Lead Manager(s)
Address
605, Pearl Business Park,
Nr. Fun Cinema, Netaji Subhash Place,
Pitampura,
New Delhi, New Delhi, 110034
Phone: +91-9983433244
Email: compliance@abramfood.in
Website: http://www.abramfood.in/