Q&T Foods Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Q&T Foods Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹115
Per ShareLot Size
1200 Shares
Minimum Investment
₹1,38,000
Issue Size
₹26.23 Cr
Face Value
₹10
Per ShareIPO Type
Fixed Price - SME
Retail Quota
50%
QIB Quota
0%
NII Quota
50%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Q&T Foods Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
91.28%
Promoter Holding (Post-Issue)
61.85%
Issue Type
Fixed Price - SME
ISIN
INE13G401012
About the Company
We are primarily engaged in the business of manufacturing, distribution, marketing and selling of bakery products in savoury category which include breads, buns, pizza bases, Kulcha etc. under our brand `American Bakers' targeted primarily at local consumers.
Company History
Our company was originally incorporated as Private Limited Company under the provisions of Companies Act, 2013 in the name and style of "Q&T Foods Private Limited", vide fresh certificate of incorporation issued by Central Registration Centre dated August 29, 2018. Subsequently, our Company was converted into Public Limited Company and the name of the company was changed to "Q&T Foods Limited" pursuant to shareholders resolution passed at an Extra Ordinary General Meeting held on May 27, 2024 and fresh certificate of incorporation dated August 08, 2024 was issued by the Central Processing Centre. As on the date of Draft prospectus, the Corporate Identification Number of our company is U55101UP2018PLC107257.
Growth Strategy
- Focusing on growth in bakery segment to improve margin.
- Expand our customer base.
- Expansion of Geographic Reach
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offer of upto 22,81,200 equity shares of face value of Rs. 10/- each ("Equity Shares") of Q & T Foods Limited ("the Company" or the "Issuer") for cash at a price of Rs. 115 per equity share including a share premium of Rs. 105 per equity share (the "Issue Price") aggregating to Rs. 26.23 Crores ("the Issue") of which upto 1,15,200 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 115 per equity share including a share premium of Rs. 105 per equity share aggregating to Rs. 1.32 Crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e Net issue of 21,66,000 equity shares of face value of Rs. 10/- each at a price of Rs. 115 per equity share including a share premium of Rs. 105 per equity share aggregating to Rs. 24.91 Crores (the "Net Issue"). The issue and the net issue will constitute upto 32.24% and 30.62% respectively of the post issue paid up equity share capital of the company. Issue price: Rs. 115 per equity share of face value of Rs. 10/- each. The issue price is 11.50 times the face value of equity shares. Bids can be made for a minimum of 2,400 equity shares and in multiples of 1,200 equity shares thereafter.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Leveraging the experience of our Promoter and employees.
- In-house manufacturing facility supported by technology driven process.
- Extensive and well-developed sales and distribution network.
- Long-standing relationship with our dealers.
- Focus on Quality and Timely Delivery.
- There are outstanding litigation proceedings involving the Company, its Promoters, an adverse outcome in which, may have an adverse impact on the company's reputation, business, financial condition, results of operations and cash flows.
- There are certain instances of delays in payment of statutory dues. Any delay in payment of statutory dues or non-payment of statutory dues in dispute may attract financial penalties from the respective government authorities, which may have an adverse impact on the company's financial condition and cash flows.
- Manufacturing facility of the Company is located on leased premises. If the company is unable to renew such lease agreements or relocate on commercially suitable terms, it may have a material adverse effect on the company's business, results of operations and financial condition.
- The company's revenue has been significantly dependent on few customers and its inability to maintain such business may have an adverse effect on the company's results of operations.
- There has been increase in the company's inventory in past years and its inability to accurately forecast demand for the company's products, and accordingly manage its inventory, may have an adverse effect on the company's business, cash flows, financial condition and results of operations.