Bookbuilding IPO | ₹[.] Cr | Listing at NSE SME |
Ashoka Cattle & Poultry Feeds Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on June 30, 2026 to raise funds through Initial Public Offer (IPO).
Ashoka Cattle & Poultry Feeds Ltd. IPO is a Book Build Issue consisting solely of fresh issue of upto 0.75 crore equity shares.
The equity shares are proposed to be listed on the NSE SME. Sobhagya Capital Options Pvt.Ltd. is the book running lead manager and Integrated Registry Management Services Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Ashoka Cattle and Poultry Feeds IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 74,80,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 74,80,000 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 74,80,000 shares |
| Share Holding Post Issue | 1,49,60,000 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Tue, Jun 30, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Issue |
Incorporated in 2009, Ashoka Cattle & Poultry Feeds Limited is engaged in the manufacture and sale of animal feed products catering to the poultry, cattle, fish, and pig segments. Poultry feed is the company’s primary product category and contributes the majority of its revenue. The company also undertakes contract broiler farming through a network of independent farmers across Bihar, Maharashtra, Assam, and West Bengal.
The company operates primarily on a business-to-business (B2B) model, supplying feed products through a network of dealers, distributors, commercial poultry farms, and independent farmers. Its product portfolio includes poultry feed, cattle feed, fish feed, and pig feed, manufactured using ingredients such as maize, soybean meal, rice bran, oilseed meals, vitamins, minerals, amino acids, and feed premixes.
Manufacturing operations are carried out through company-operated facilities and third-party feed processing units. As of May 31, 2026, the company operated manufacturing facilities at Bela and Donar in Bihar, and a newly established facility in Varanasi, Uttar Pradesh, with a combined installed manufacturing capacity of 170,000 MTPA. The company manages the entire value chain, including raw material procurement, feed formulation, manufacturing, quality control, warehousing, distribution, and technical support.
The company has a strong presence across Bihar, Uttar Pradesh, Jharkhand, Assam, West Bengal, and Maharashtra. As of May 31, 2026, it operated 16 godowns and one warehouse across seven states, namely Bihar, West Bengal, Odisha, Maharashtra, Uttar Pradesh, Jharkhand, and Assam. The workforce comprised 331 permanent employees and 150 temporary employees.
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 130.17 | 97.19 | 65.35 |
| Total Income | 441.25 | 531.70 | 461.42 |
| Profit After Tax | 11.60 | 7.95 | 2.60 |
| EBITDA | 17.34 | 11.85 | 4.87 |
| Reserves and Surplus | 13.20 | 13.30 | 5.35 |
| Total Borrowing | 21.01 | 19.77 | 1.48 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding incremental working capital requirements of the Company | 38.00 |
| 2 | Purchase of machineries for the new manufacturing facility at Motipur, Bihar; | 9.00 |
| 3 | General corporate purposes | |
| Total | 47.00 |
| KPI | Dec 31, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 60.52% | 84.60% |
| ROCE | 36.85% | 34.45% |
| Debt/Equity | 0.84 | 1.48 |
| PAT Margin | 2.63% | 1.49% |
| EBITDA Margin | 3.93% | 2.23% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 10.62 | 10.34 |
| Promoter Holding | 98.65% |
Integrated Registry Management Services Pvt.Ltd.
Lead Manager Reports
Ashoka Cattle and Poultry Feeds IPO is a SME IPO of 74,80,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Ashoka Cattle and Poultry Feeds IPO open and close dates are not available as of now.
Integrated Registry Management Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Ashoka Cattle and Poultry Feeds IPO using UPI as a payment gateway. Zerodha customers can apply in Ashoka Cattle and Poultry Feeds IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Ashoka Cattle and Poultry Feeds IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Ashoka Cattle and Poultry Feeds IPO dates are not announced. Please check back again after some time.
Ashoka Cattle and Poultry Feeds IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Ashoka Cattle and Poultry Feeds IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Ashoka Cattle and Poultry Feeds IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Ashoka Cattle and Poultry Feeds IPO allotment status.
The Ashoka Cattle and Poultry Feeds IPO listing date is not yet announced. The tentative date of listing is .
