Abram Food IPO Upcoming
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Schedule of Abram Food
| Issue open date | 24 Jun 2025 |
| Issue close date | 26 Jun 2025 |
| UPI mandate deadline | 26 Jun 2025 (5 PM) |
| Allotment finalization | 27 Jun 2025 |
| Refund initiation | 30 Jun 2025 |
| Share credit | 30 Jun 2025 |
| Listing date | 01 Jul 2025 |
| Mandate end date | 11 Jul 2025 |
| Lock-in end date for anchor investors (50%) | 27 Jul 2025 |
| Lock-in end date for anchor investors (remaining) | 25 Sep 2025 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Abram Food
Incorporated in 2009, Abram Food Limited is a Rajasthan-based food processing company engaged in the manufacturing and trading of chana dal, besan, atta, spices, edible oils, and cattle feed under the Kherliwala brand. The company operates through a distributor network across Rajasthan, Delhi-NCR, and parts of Uttar Pradesh, supplying both retail-ready packs and bulk quantities. Its manufacturing facility in Alwar, spread over 3,000 sq. mtr, is equipped for cleaning, grinding, and packaging of grains and spices, with a focus on maintaining product freshness and natural quality. Abram Food emphasizes seasonal procurement to ensure consistent product standards year-round.
Financials of Abram Food
Issue size
| Funds Raised in the IPO | Amount |
| Overall | ₹13.29 crores |
| Fresh Issue | ₹13.29 crores |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Capital Expenditure for purchase of machineries | 3.85 (29.00%) |
| Funding of Working Capital Requirement of the company | 6.70 (50.41%) |
| Issue related expenses in relation to Issue | 1.40 (10.53%) |
| General corporate purposes | 2.05 (15.43%) |
Strengths
- Manufacturing facility in Alwar with ~4,366 MT pulse, ~507 MT flour, and spice capacity, supported by standardised machinery and robust quality control systems.
- Strong presence in Rajasthan and Delhi-NCR through 80 distributors and active sales support.
- Experienced senior management team with deep FMCG expertise and strong industry relationships, led by a promoter with 40+ years of experience.
- Long-standing customer relationships built through consistent quality, competitive pricing, and tailored product offerings.
- Efficient use of by-products like Chana Chilka and Chana Churi minimizes waste and adds to revenue through quality resale.
Risks
- The Company, its Promoters, and Directors are involved in legal proceedings, and any adverse outcome may impact reputation and operations.
- Regulatory changes or legal uncertainties may increase costs and impact operations.
- The company has reported negative cash flows from operating activities in recent years, which may affect its financial stability and growth prospects.
- Dependence on Chana and Chana Dal exposes the company to demand and supply risks that may affect financial performance.
- Absence of non-compete agreements with Promoter Group entities in similar businesses may lead to conflicts of interest affecting the Company’s operations.
- High revenue dependence on Rajasthan and Delhi-NCR exposes the Company to regional risks that could adversely impact operations and financial performance.
- Heavy reliance on a single facility in Alwar may disrupt operations and impact financial performance.