Peshwa Wheat IPO
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Peshwa Wheat IPO details
Schedule of Peshwa Wheat
| Issue open date | 24 Sep 2026 |
| Issue close date | 28 Sep 2026 |
| UPI mandate deadline | 28 Sep 2026 (5 PM) |
| Allotment finalization | 29 Sep 2026 |
| Refund initiation | 30 Sep 2026 |
| Share credit | 30 Sep 2026 |
| Listing date | 01 Oct 2026 |
| Mandate end date | 13 Oct 2026 |
| Lock-in end date for anchor investors (50%) | 28 Oct 2026 |
| Lock-in end date for anchor investors (remaining) | 27 Dec 2026 |
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 Peshwa Wheat
Peshwa Wheat is engaged in processing wheat-based products, including Atta (wheat flour), Sortex Wheat, and Broken Wheat, as well as other flours such as Gram Flour (Besan) and Maize Flour. The company operates a modern, integrated flour processing unit equipped with advanced milling and cleaning technology located in Indore, Madhya Pradesh, with an installed capacity of 56,100 MTPA. It also processes by-products and waste materials, such as wheat bran, for cattle feed, ensuring a zero-waste and zero-discharge manufacturing approach. The company caters to the B2B segment, marketing and selling its products in 50 kg and 30 kg packaging formats primarily across Madhya Pradesh, Maharashtra, Karnataka, and Gujarat. It sells to super stockists who supply wholesalers, distributing products to retailers and bulk buyers, enabling it to establish long-term relationships and fulfill large-scale institutional demands.
Financials of Peshwa Wheat
Issue size
| Funds Raised in the IPO | Amount (₹ crores) |
| Total issue size | 53.52 |
| Fresh Issue – Proceeds go to the company | 53.52 |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Funding Capital Expenditure towards Purchase of Plant and Machineries |
6.69 (12.50%) |
| Funding Capital Expenditure towards Civil Construction | 5.01 (9.36%) |
| Funding working capital requirements of the Company | 26.5 (49.51%) |
| General corporate purposes | 15.32 (28.63%) |
Strengths
- Integrated flour processing unit equipped with advanced milling and cleaning technology.
- Zero-waste and zero-discharge manufacturing approach utilizing by-products for cattle feed.
- Strong focus on quality and food safety standards with FSSAI accreditation.
- Strategic procurement relationships ensuring a stable and resilient supply chain.
- Established Promoters and a skilled management team driving business operations.
Risks
- Relies heavily on a limited number of customers and suppliers for revenue and procurement.
- Dependence on a single state (Madhya Pradesh) for 100% of raw material procurement.
- Requires strict environmental controls for raw materials to prevent spoilage and infestation.
- Subject to fluctuations in raw material prices due to spot market sourcing.
- Negative cash flows from operating and investing activities could impact future growth.