Fixed Price IPO | ₹[.] Cr | Listing at BSE SME |
Q&T Foods Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on June 10, 2026 to raise funds through Initial Public Offer (IPO).
Q&T Foods Ltd. IPO is a Fixed Price Issue consisting solely of fresh issue of upto 0.23 crore equity shares.
The equity shares are proposed to be listed on the BSE SME. Corporate Makers Capital Ltd. is the book running lead manager and Skyline Financial 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 Q&T Foods IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 23,00,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 23,00,000 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 47,96,000 shares |
| Share Holding Post Issue | 70,96,000 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Wed, Jun 10, 2026 |
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 50% of the Net Issue |
| NII Shares Offered | 50% of the Net Issue |
Incorporated in August 2018, Q&T Foods Limited is a bakery products manufacturer engaged in the production, distribution, marketing, and sale of breads, buns, pizza bases, kulchas, pav, and other bakery products under its flagship brand "American Bakers".
The company primarily operates in Uttar Pradesh and nearby regions, offering a diversified portfolio of bakery products including Milk Bread, White Bread, Brown Bread, Multigrain Bread, Burger Buns, Pav, Kulcha, and Pizza Bases. Its products are distributed through a network of 50+ dealers, catering to local consumers and retail outlets.
Q&T Foods manufactures all products at its ISO 22000:2018 and HACCP-certified manufacturing facility located in Ghaziabad, Uttar Pradesh, spread across 10,750 sq. ft. with an installed capacity of 9,472 TPA. The company follows stringent quality control processes and procures key raw materials such as flour, sugar, yeast, oils, and additives from suppliers across Uttar Pradesh.
The company has demonstrated steady growth, with revenue from operations increasing from ₹36.85 crore in FY23 to ₹46.83 crore in FY25, supported by expanding distribution reach and operational efficiencies.
As of May 31, 2026, Q&T Foods employed 37 personnel across production, sales, quality control, administration, and support functions.
Strengths:
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 25.31 | 19.68 | 14.34 | 9.02 |
| Total Income | 41.88 | 46.83 | 40.22 | 36.85 |
| Profit After Tax | 2.98 | 2.74 | 1.96 | 0.05 |
| EBITDA | 5.04 | 4.82 | 3.77 | 0.83 |
| NET Worth | 10.01 | 7.04 | 2.44 | 0.48 |
| Reserves and Surplus | 5.22 | 2.24 | 2.34 | 0.38 |
| Total Borrowing | 11.75 | 10.11 | 9.84 | 7.35 |
| Amount in ₹ Crore | ||||
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Crazy Snacks Ltd. | SME | ₹31.47 Cr | ₹42 | 11.9 | ₹45.67 | +8.74% | ₹62.00 (+11.23%) |
| Astron Multigrain Ltd. | SME | ₹18.40 Cr | ₹63 | 17.09 | ₹47.88 | -24.00% | ₹18.35 (-1.13%) |
| SSMD Agrotech India Ltd. | SME | ₹34.09 Cr | ₹121 | 13.16 | ₹76.65 | -36.65% | ₹56.55 (-8.78%) |
| Ganesh Consumer Products Ltd. | Mainboard | ₹408.80 Cr | ₹322 | 33.06 | ₹294.30 | -8.60% | ₹177.86 (-2.55%) |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To finance the Capital expenditure requirements for the purchase of Equipment/Machineries for existing manufacturing facility | 4.42 |
| 2 | To part finance the requirement of Working Capital | 7.50 |
| 3 | Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company | 6.75 |
| 4 | To meet General corporate purposes | |
| Total | 18.67 |
| KPI | Dec 31, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 34.91% | 57.71% |
| ROCE | 44.38% | 60.69% |
| RoNW | 29.72% | 38.86% |
| PAT Margin | 7.11% | 5.84% |
| EBITDA Margin | 12.02% | 10.29% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 5.70 | 5.59 |
| Promoter Holding | 91.28% |
Lead Manager Reports
Q&T Foods IPO is a SME IPO of 23,00,000 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 Q&T Foods IPO open and close dates are not available as of now.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Q&T Foods IPO using UPI as a payment gateway. Zerodha customers can apply in Q&T Foods IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Q&T Foods IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Q&T Foods IPO dates are not announced. Please check back again after some time.
Q&T Foods IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Q&T Foods 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 Q&T Foods IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Q&T Foods IPO allotment status.
The Q&T Foods IPO listing date is not yet announced. The tentative date of listing is .
