Q&T Foods IPO
LISTEDSMEListing Performance
▲ 0.00%
Issue Price
₹115
Listing Price
₹115
Listed On
19 Aug 2026
- Price Band
- ₹115 – ₹115
- Lot Size
- 1,200
- Lot Value
- ₹1,38,000
- Open Date
- 12 Aug12 Aug 2026
- Close Date
- 14 Aug14 Aug 2026
- Min Investment
- ₹1,38,000
About Q&T Foods
Q&T Foods Limited is a bakery product manufacturer based in Uttar Pradesh, India, engaged in the production and distribution of bread and other bakery items. The company sells its products through a network of retail dealers to end consumers.
The company manufactures and sells bakery products, primarily bread varieties (Milk Bread, White Bread, Multigrain Bread, Brown Bread) and other bakery items (Kulcha, Pav, Burger Bun, Pizza Base), through a dealer-based distribution network.
Use of IPO Proceeds
Total allocation: ₹22.59 Cr (excludes issue expenses)
Promoters
Nishant Raj Gupta
Chairperson & Managing Director · age 40
More than 10 years
Bachelor of Commerce from University of Delhi and Master of Commerce from Manav Bharati University
Pre-issue: 46.79% · Post-issue: 31.7%
Usha Gupta
Non Executive Non Independent Director
Pre-issue: 22.48% · Post-issue: 15.23%
Khushbu Varshney
Executive Director · age 37
More than 02 years
Bachelor of Commerce from University of Jammu
Pre-issue: 7.34% · Post-issue: 4.97%
Rakesh Gupta
Pre-issue: 12.84% · Post-issue: 8.7%
Investment Analysis
Quick Analysis: 6 strengths · 6 risk factors· Exchange: BSE SME
Strengths (6)
- •Experienced promoters and employees with proven bakery industry background
- •ISO 22000:2018 and HACCP accredited in-house manufacturing facility
- •Well-developed dealer and distribution network across multiple channels
- •Long-standing relationships with dealers and periodic training programs
- •Focus on quality standards and timely product delivery
- •Technology-driven manufacturing process for diverse bakery products
Risk Factors (6)
- •Outstanding litigation involving Company and Promoters may adversely impact reputation, business, financial condition and cash flows.
- •First public issue with no formal market history; Issue Price may not indicate post-listing market price or trading activity.
- •Unable to manage growth could disrupt business, reduce profitability and adversely affect financial condition and operations.
- •Political, economic and social changes in India could adversely affect business and market price and liquidity of shares.
- •Business dependent on Indian economic growth; any slowdown could harm business, financial condition and results of operations.
- •Infrastructure inadequacy in India could disrupt normal business activity and harm national economy and business operations.
Investor Quota
Approx. shares reserved per category
Estimated from total issue size; actual reserved lots are set in the RHP.
Application Lot Sizes
Retail caps at ₹2,00,000 (1 lots here). S-HNI is ₹2L–₹10L, B-HNI is above ₹10L.
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1,200 | ₹1,38,000 |
| Retail (max) | 1 | 1,200 | ₹1,38,000 |
| S-HNI (min) | 2 | 2,400 | ₹2,76,000 |
| S-HNI (max) | 7 | 8,400 | ₹9,66,000 |
| B-HNI (min) | 8 | 9,600 | ₹11,04,000 |
Subscription Status
Subscription data will appear once bidding begins.
Allotment Statistics
Basis of Allotment
Category-wise subscription & allotment ratio
Weigh your chances
IPO Timeline
Issue Opens
12 Aug 2026 · Wed
Issue Closes
14 Aug 2026 · Fri
Bidding Cut-off (UPI Mandate)
14 Aug 2026 · 5:00 PM IST
Allotment
17 Aug 2026 · Mon
Listing
19 Aug 2026 · Wed
Issue Opens
12 Aug 2026 · Wed
Issue Closes
14 Aug 2026 · Fri
Bidding Cut-off (UPI Mandate)
14 Aug 2026 · 5:00 PM IST
Allotment
17 Aug 2026 · Mon
Listing
19 Aug 2026 · Wed
IPO Details
| Registrar | Skyline Financial Services Private Limited |
| Exchange | BSE SME |
| ISIN | — |
| Face Value | ₹10 |
| Issue Size | ₹26.25 Cr |
| Fresh Issue | ₹26.25 Cr |
| OFS Size | — |
| Lead Managers | Corporate Makers Capital Limited |
3-Year Financial Summary
Revenue trend
↑ FY24→FY25
| Fiscal Year | Revenue (₹Cr) | PAT (₹Cr) | EPS | P/E | ROE |
|---|---|---|---|---|---|
| FY25 | 46.83 | 2.74 | — | — | — |
| FY24 | 40.22 | 1.96 | — | — | — |
Detailed Line Items (₹ Cr)
| Line Item | FY24 | FY25 |
|---|---|---|
| Total Income | 40.22 | 46.83 |
| EBITDA | 3.77 | 4.82 |
| Cash Flow — Operating | -0.17 | 1.89 |
| Cash Flow — Investing | -1.48 | -3.07 |
| Cash Flow — Financing | 1.76 | 1.22 |
From the company's offer document (DRHP/RHP); restated figures where available.
Check the valuation yourself
Company Fundamentals
11 sections extracted from this filingCapital Structure
Capital structure not disclosed in this filing.The capital-structure table was not found in Q&T Foods's offer document (common in abridged prospectuses).
Shareholding Pattern
Pre-Issue
- Mr. Nishant Raj Gupta(Promoter)+46.79%
- Ms. Usha Gupta(Promoter)+22.48%
- Ms. Khushbu Varshney(Promoter)+7.34%
- Mr. Rakesh Gupta(Promoter)+12.84%
- Ms. Roopali Gupta(Promoter Group)+1.83%
- Public—
Post-Issue
- Promoter+60.61%
- Promoter Group+1.24%
- Public—
Source: Q&T Foods offer document (DRHP/RHP).
Reservations & OFS
Investor Reservation
- Retail+50.00%
OFS Selling Shareholders
No offer-for-sale component (or sellers not disclosed).
Source: Q&T Foods offer document (DRHP/RHP).
Board & Management
Board of Directors (5)
- Nishant Raj Gupta₹0.30 Cr p.a.
Chairperson and Managing Director
- Khushbu Varshney₹0.05 Cr p.a.
Executive Director
- Usha Gupta
Non-Executive Non Independent Director
- Pratibha Sabharwal₹0.00 Cr p.a.
Non-Executive Independent Director
- Prachi Gupta
Non-Executive Independent Director
Key Managerial Personnel (2)
- Debal Pratim Sur
Chief Financial Officer
- Satish Joshi
Company Secretary and Compliance Officer
Source: Q&T Foods offer document (DRHP/RHP).
Industry & Market
Per NielsenIQ, a report commissioned by the company (not independent).
Material Litigation
Q&T Foods has two pending criminal complaints under Section 138 of the Negotiable Instruments Act: one from Kiran Enterprises for dishonored cheques totalling ₹4.29 lakh (filed October 2023), and two from Gupta Plastic Products for dishonored cheques totalling ₹7.27 lakh (filed January 2021). Additionally, the company faces a trademark opposition from Bonn Nutrients Private Limited regarding the mark 'AMERICAN BAKERS'.
Registrar (RTA)
SEBI-registered Registrar & Transfer Agent — handles allotment and refunds.
Registrar:Skyline Financial Services Private Limited→Lead Managers (BRLMs)
Click any merchant banker for their full IPO track record (positive listing rate, average gain, IPOs managed).
Documents
Frequently Asked Questions
When is the Q&T Foods IPO opening?
The Q&T Foods IPO opens on 12 Aug 2026 and closes on 14 Aug 2026. Check this page for the latest updates as we refresh every 30 minutes.
What is the price band of the Q&T Foods IPO?
The price band for the Q&T Foods IPO is ₹115 to ₹115. The final price is announced after the book-building process and is confirmed before listing.
What is the lot size and minimum investment for the Q&T Foods IPO?
The minimum lot size is 1200 shares with a minimum investment of ₹1,38,000. Retail investors can apply for up to the retail limit defined by SEBI.
What is the GMP of Q&T Foods IPO today?
The latest Grey Market Premium for Q&T Foods is ₹1 (+0.87%). GMP is unofficial data and is not a guarantee of listing price.
When will the Q&T Foods IPO list on NSE and BSE?
The Q&T Foods IPO is expected to list on 19 Aug 2026 on BSE SME. Actual listing day trading begins at the start of the normal market session.
How can I check the Q&T Foods IPO allotment status?
The registrar for this IPO is Skyline Financial Services Private Limited. You can check your allotment status on the registrar's portal using your PAN, application number, or DP ID. We link to the registrar directly on our allotment page after the allotment date.
Is the Q&T Foods IPO a mainboard or SME issue?
Q&T Foods is a SME IPO that will list on the NSE Emerge or BSE SME platform. SME IPOs require a minimum application value of one lakh rupees.
How do I apply for the Q&T Foods IPO?
You can apply for the Q&T Foods IPO through any SEBI-registered broker such as Zerodha, Upstox, or Angel One using UPI or ASBA while the issue is open for bidding.
What is the GMP-implied price of Q&T Foods IPO?
The GMP-implied price (unofficial, not a forecast) is ₹116: the upper price band of ₹115 plus the latest grey market premium of ₹1, as of 28 Sep 2026, 01:01 PM IST. GMP is unofficial grey market data, and the actual listing price can differ from it.
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