Quessentials Ltd. Submits IPO Draft Papers to the BSE SME

Moving forward with the IPO plans, Quessentials Ltd. filed DRHP with the BSE SME on Jun 25, 2026. The proposed share sale offer will be a mix of a fresh issue of up to 0.31 crore equity shares and existing shareholders are planning to sell up to 0.02 crore shares.

Seren Capital Pvt.Ltd. is the Book Running Lead Manager for the IPO and Kfin Technologies Ltd. is the Registrar. The company’s shares will be listed on the BSE SME.

According to the draft red herring prospectus, Not more than 50% of the Net Offer is reserved for Qualified Institutional Bidders (QIBs), Not less than 15% of the Net Offer for Non-Institutional Investors (NIIs) and Not less than 35% of the Net Offer for Retail Individual Investors (RIIs).

Financial Performance Overview

For financial year ending on Mar 31, 2025, the company’s total income stood at ₹78.24 crore, down 13% compared to ₹90.32 crore in Mar 31, 2024.

Profit after tax (PAT) stood at ₹2.14 crore, reflecting a growth of 197% from ₹0.7207 crore a year ago.

For the period ended on Dec 31, 2025, the company reported total income of ₹95.02 crore and net profit of ₹7.72 crore.

About the Company:

Incorporated in June 2017, Quessentials Ltd. is a Bengaluru-based B2B food ingredients company engaged in the value-added processing, packaging, and supply of superfoods and nutrient-rich food ingredients for domestic and international markets. The company primarily deals in chia seeds, quinoa, millets, flax seeds, sesame seeds, basil seeds, pumpkin seeds, sunflower seeds, spices, nuts, dry fruits, pulses, and other food ingredient products. It operates two processing facilities in Malur, Karnataka, along with a warehouse in Mysuru, and is setting up a third processing unit to expand its manufacturing capacity.