The Abram Food IPO is a fixed-price issue worth ₹13.29 crore. The entire offering consists of a fresh issue of 13.56 lakh equity shares. The IPO opens for public subscription on June 24, 2025, and will close on June 26, 2025. The basis of allotment is expected to be finalised on June 27, 2025.
The company is proposed to be listed on the BSE SME platform, with a tentative listing date set for July 1, 2025. Each share under the IPO is priced at ₹98. Investors applying under the retail category are required to invest in a minimum of 1 lot, which comprises 1,200 shares, amounting to ₹1,17,600.
For High Net-Worth Individuals (HNIs), the minimum application size is 2 lots or 2,400 shares, with an investment amount of ₹2,35,200. Corporate Makers Capital Limited is serving as the book-running lead manager for the IPO, while Kfin Technologies Limited has been appointed as the registrar.
Interested investors are advised to consult the Abram Food IPO Red Herring Prospectus (RHP) for complete and detailed information.
Industry Outlook
- India’s agricultural sector is projected to grow to US$ 24 billion by 2025, supported by rising income levels, adoption of modern technologies like AI and GIS, and government-backed initiatives in food processing and storage infrastructure.
- Between April 2000 and March 2024, the food processing sector received US$ 12.58 billion in FDI inflows, showing steady global investor interest. In 2024–25 (April–May) alone, processed food items like fruits and vegetables contributed over US$ 568 million to exports.
- Government support through schemes like PMKSY has led to the approval of 41 Mega Food Parks, 399 Cold Chain projects, and 588 Food Processing Units, enhancing supply chain and processing capabilities across India.
Abram Food IPO Objectives
The company plans to allocate the net proceeds from the issuance to the following purposes:
- Funds will be used to purchase new machinery, helping Abram Food Limited expand and upgrade its production capacity.
- A portion of the proceeds will be utilised to support the company’s working capital needs, ensuring smooth day-to-day operations.
- A portion of the funds will be used for general corporate purposes to support overall business needs.
About Abram Food Limited
Abram Food Limited, originally incorporated as Sharda Edible Products Private Limited in February 2009, has evolved significantly over the years. After multiple name changes and conversions, it was transformed into a public limited company in July 2024.
The company operates in the manufacturing and trading of a diverse range of food products including Chana Dal, Besan, Atta, Maida, Sooji, edible oils, spices, and cattle feed under the brand name “Kherliwala”. Headquartered at Matsya Industrial Area, Alwar, Rajasthan, the company caters to markets across Rajasthan, Delhi-NCR, and Uttar Pradesh.
It sells both packaged and bulk products, ensuring quality and freshness through standardised processing and packaging practices. The company uses naturally sourced ingredients and avoids artificial preservatives, offering consumers a healthier alternative.
Abram Food Limited has built a strong regional presence with a wide distributor network and a growing online sales platform. Its manufacturing unit is equipped with modern machinery for cleaning, grinding, drying, and packaging, with operations supported by efficient resource utilisation, including the sale of by-products.
The company has shown consistent growth, reporting operational revenues of ₹6404.49 lakh and a PAT of ₹325.55 lakh in FY25. Its leadership, industry experience, and commitment to quality have helped establish its position in the food and FMCG segment in North India.
How To Check the Allotment Status of Abram Food IPO?
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app.
- Go to the IPO Section and then to IPO Orders.
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
How To Apply for the Abram Food IPO Online?
- Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
- Locate the IPO Section: Navigate to the 'IPO' section on the platform.
- Select IPO: Find and select the Abram Food IPO from the list of open IPOs.
- Enter the Lot Size: Specify the number of lots you want to bid for.
- Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
- Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.
Contact Details of Abram Food IPO
Registered office: 605, Pearl Business Park, Near Fun Cinema, Netaji Subhash Place, Pitampura, New Delhi –110034
Phone:+91-9983433244
E-mail:compliance@abramfood.in
Abram Food IPO Reservation
|
Investor Category |
Shares Offered |
|
Market Maker Shares |
72,000 (5.04%) |
|
Retail Shares |
6,78,000 (47.48%) |
|
NII Shares |
6,78,000 (47.48%) |
Abram Food IPO Lot Size
|
Application |
Lots |
Shares |
Amount |
|
Retail (Min) |
1 |
1,200 |
₹1,17,600 |
|
Retail (Max) |
1 |
1,200 |
₹1,17,600 |
|
HNI (Min) |
2 |
2,400 |
₹2,35,200 |
Abram Food IPO Promoter Holding
The promoters of the company include Mr. Brij Bhushan, Ms. Mona Singhal and Mr. Arpit Gupta.
|
Share Holding Pre-Issue |
93.14% |
|
Share Holding Post Issue |
67.33% |
Note: Equity dilution will be determined by subtracting the Shareholding Post Issue from the Shareholding Pre Issue.
Key Performance Indicators for Abram Food IPO
|
KPI |
Value |
|
ROE (%) |
38.62 |
|
RoCE (%) |
56.02 |
|
EBITDA Margin (%) |
7.92 |
|
PAT Margin (%) |
5.08 |
|
Debt/Equity |
0.85 |
Abram Food IPO Prospectus
Abram Food IPO Registrar and Lead Managers
Abram Food IPO Lead Managers
- Corporate Makers Capital Limited
Registrar for Abram Food IPO
Kfin Technologies Limited
- Contact Number: 04067162222, 04079611000
- Email Address: afl.ipo@kfintech.com
Abram Food IPO Registrar
Financial Performance of Abram Food Limited
| Particulars | Year ending on March 31, 2025 | Year ending on March 31, 2024 |
|---|---|---|
| Revenue from Operation (in ₹ lakh) | 6,404.49 | 3,600.87 |
| Profit/ (loss) for the year (in ₹ lakh) | 325.55 | 101.89 |
| Earnings per Share (₹) | 9.05 | 2.94 |
| Net Worth (in ₹ lakh) | 842.95 | 415.16 |
| Return on Equity (RoE) (%) | 38.62 | 24.54 |
| Return on Capital Employed (RoCE) | 56.02 | 45.73 |
| EBITDA (in ₹ lakh) | 507.16 | 195.57 |
Know before investing
Strengths
8The manufacturing unit in Alwar processes 4,366.53 MT pulses yearly.
Strong distributor network with 80 distributors across Rajasthan and Delhi-NCR.
Quality-focused production with strict checks on every product batch.
Led by Managing Director with over 40 years of industry experience.
Long-standing customer relationships built on trust and product consistency.
By-products like Chana Churi and Chana Chilka boost revenue efficiently.
Plans to expand reach to Haryana, Uttar Pradesh, and Gujarat soon.
Focused on increasing production capacity using automated, modern machinery.
Risks
8Ongoing litigations against promoters and company may impact operations significantly.
Auditor change during FY may affect financial reporting transparency.
Regulatory changes may increase costs and affect business compliance certainty.
Negative cash flows may weaken financial stability and future operations.
Weather conditions can disrupt crop supply and product availability.
₹5,724.6 lakh revenue from Chana Dal poses concentration risk.
Limited product variety may fail evolving consumer demand expectations.
Promoter group entities may create business conflicts without non-compete agreements.
Abram Food IPO Peer Comparison
| Company Name | EPS (Basic) | NAV (per share) (₹) | P/E (x) | RoNW (%) |
|---|---|---|---|---|
| Abram Food Limited | 9.05 | 22.62 | 10.83 | 38.62 |
| HOAC Food India Limited | 6.69 | 29.62 | 27.89 | 21.82 |
| Contil India Limited | 1.63 | 7.46 | 18.63 | 18.16 |
| Jetmall Spices and Masala | -1.24 | 15.06 | -9.60 | -8.26 |
