Quessentials Ltd. has filed its Draft Red Herring Prospectus (DRHP) with the BSE SME on Jun 25, 2026 for its upcoming Initial Public Offering (IPO). The company plans to offer 0.32 crore shares to the public through the IPO.
Breaking Down the Quessentials IPO Details
- IPO Type: Book Built Issue
- IPO Sale Type: Fresh Issue and Offer for Sale (OFS)
- Fresh Issue: Up to 0.31 crore equity shares
- Offer for Sale (OFS): Up to 0.02 crore equity shares
- Face Value: ₹10 per equity share
- Lead Manager: Seren Capital Pvt.Ltd.
- Registrar: Kfin Technologies Ltd.
The equity shares are proposed to be listed on the BSE SME.
Issue Reservation
According to the DRHP, the issue comprises Not more than 50% of the Net Offer for Qualified Institutional Buyers (QIBs), Not less than 15% of the Net Offer for Non-Institutional Investors and Not less than 35% of the Net Offer for Retail Individual Bidders.
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.Financial Performance Highlights:
Quessentials Ltd.’s total income declined by 13% reached ₹78.24 crore in Mar 31, 2025, compared to ₹90.32 crore in Mar 31, 2024.
For the same period, profit after tax jumped 197% to ₹2.14 crore, compared to ₹0.7207 crore.
For the latest period ended on Dec 31, 2025, its total income stood at ₹95.02 crore and PAT stood at ₹7.72 crore.
