Q&T Foods
Price band ₹115 · Issue ₹26.25 Cr
Opens
12 Aug 2026
Closes
14 Aug 2026
Allotment
17 Aug 2026
Listing
19 Aug 2026
Lot size
1,200
GMP
+5.22%
At a glance
IPO Open
Wed, Aug 12, 2026
IPO Close
Fri, Aug 14, 2026
Issue Price
₹115 per share
Market Cap *
₹81.40 Cr
Overview
Q&T Foods IPO is a fixed issue price of ₹26.25 crores. The issue is entirely a fresh issue of 0.23 crore shares of ₹26.25 crore.
Q&T Foods IPO opens for subscription on Aug 12, 2026 and closes on Aug 14, 2026. The allotment for the Q&T Foods IPO is expected to be finalized on Aug 17, 2026. Q&T Foods IPO will list on the BSE SME with a tentative listing date fixed as Aug 19, 2026.
Q&T Foods IPO is set final issue price at ₹115 per share. The lot size for an application is 1,200 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,76,000 (2,400 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,600 shares), amounting to ₹4,14,000.
Corporate Makers Capital Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Prabhat Financial Services Ltd.
Refer to Q&T Foods IPO DRHP for detailed Information.
Issue details
IPO Date
12 to 14 Aug, 2026
Listing Date
Wed, Aug 19, 2026T
Face Value
₹10 per share
Issue Price
₹115 per share
Lot Size
1,200 Shares
Sale Type
Fresh capital only
Issue Type
Fixed Price IPO
Listing At
BSE SME
Lot size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 2,400 | ₹2,76,000 |
| Individual investors (IND) (Max) | 2 | 2,400 | ₹2,76,000 |
| HNI (Min) | 3 | 3,600 | ₹4,14,000 |
Issue reservation
| Investor Category | Shares | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) | 10,83,600 | 50.00% | 47.48% |
| Retail | 10,83,600 | 50.00% | 47.48% |
| Firm Reservations | |||
| Market Maker | 1,15,200 | 5.05% | |
| Total | 22,82,400 | 100.00% | 100.00% |
About the company
Incorporated in August 2018, Q&T Foods Limited is a bakery products manufacturer engaged in the production, distribution, marketing, and sale of breads, buns, pizza bases, kulchas, pav, and other bakery products under its flagship brand "American Bakers".
The company primarily operates in Uttar Pradesh and nearby regions, offering a diversified portfolio of bakery products including Milk Bread, White Bread, Brown Bread, Multigrain Bread, Burger Buns, Pav, Kulcha, and Pizza Bases. Its products are distributed through a network of 50+ dealers, catering to local consumers and retail outlets.
Q&T Foods manufactures all products at its ISO 22000:2018 and HACCP-certified manufacturing facility located in Ghaziabad, Uttar Pradesh, spread across 10,750 sq. ft. with an installed capacity of 9,472 TPA. The company follows stringent quality control processes and procures key raw materials such as flour, sugar, yeast, oils, and additives from suppliers across Uttar Pradesh.
The company has demonstrated steady growth, with revenue from operations increasing from ₹36.85 crore in FY23 to ₹46.83 crore in FY25, supported by expanding distribution reach and operational efficiencies.
As of June 30, 2026, Q&T Foods employed 37 personnel across production, sales, quality control, administration, and support functions.
- Established "American Bakers" brand in the regional bakery market.
- Modern ISO 22000:2018 & HACCP-certified manufacturing facility.
- Strong distribution network with 50+ dealers.
- Focus on quality assurance and timely product delivery.
- Experienced promoter with deep bakery industry expertise.
- Fully integrated in-house manufacturing operations.
- Consistent revenue growth and improving profitability.
- Diverse product portfolio catering to everyday bakery consumption.
Financials
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 26.57 | 19.68 | 14.34 |
| Total Income | 54.78 | 46.83 | 40.22 |
| Profit After Tax | 5.20 | 2.74 | 1.96 |
| EBITDA | 8.37 | 4.82 | 3.77 |
| NET Worth | 12.24 | 7.04 | 2.44 |
| Reserves and Surplus | 7.44 | 2.24 | 2.34 |
| Total Borrowing | 11.05 | 10.11 | 9.84 |
Amounts in ₹ Crore (restated)
Key performance indicators
| KPI | Mar 31, 2026 | Mar 31, 2025 |
|---|---|---|
| ROE | 53.95% | 57.71% |
| ROCE | 70.88% | 60.69% |
| RoNW | 42.49% | 38.86% |
| PAT Margin | 9.49% | 5.84% |
| EBITDA Margin | 15.27% | 10.29% |
| NAV | 25.52 | 15.01 |
| Price to Book Value | 4.51 | 7.66 |
Valuation
Valuation Metric
Pre IPO
EPS (₹)
10.84
P/E (x)
10.61
Market Cap at Offer Price
₹55Cr.
Shareholding
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 91.28% | 61.85% |
| Public | 8.72% | 38.15% |
| Total | 100% | 100% |
Objects of the issue
- — To finance the Capital expenditure requirements for the purchase of Equipment/Machineries for existing manufacturing facility
- — To part finance the requirement of Working Capital
- — Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company
- — To meet General corporate purposes
Intermediaries
Registrar
Skyline Financial Services Pvt.Ltd.
Lead manager(s)
Corporate Makers Capital Ltd.
FAQs
How to apply in Q&T Foods IPO through Zerodha?+
Zerodha customers can apply online in Q&T Foods IPO using UPI as a payment gateway. Zerodha customers can apply in Q&T Foods IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in Q&T Foods IPO through Zerodha Visit the Zerodha website and login to Console. Go to Portfolio and click the IPOs link. Go to the ' Q&T Foods IPO ' row and click the 'Bid' button. Enter your UPI ID, Quantity, and Price. Submit IPO application form. Visit the UPI App (net banking or BHIM ) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.
When Q&T Foods IPO will open?+
The Q&T Foods IPO opens on Wed, Aug 12, 2026 and closes on Fri, Aug 14, 2026.
What is the lot size of Q&T Foods IPO?+
Q&T Foods IPO lot size is 1200 , and the minimum amount required for application is ₹2,76,000 , with 2 lots being the minimum application size .
How to apply for Q&T Foods IPO?+
You can apply in Q&T Foods IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha , Upstox , 5Paisa , Nuvama , HDFC Bank , and SBI Bank .
When is Q&T Foods IPO allotment?+
The finalization of Basis of Allotment for Q&T Foods IPO will be done on Monday, August 17, 2026 , and the allotted shares will be credited to your demat account by Tue, Aug 18, 2026 . Check the Q&T Foods IPO allotment status .
When is Q&T Foods IPO listing date ?+
The Q&T Foods IPO listing date is not yet announced. The tentative date of listing is Wed, Aug 19, 2026 .
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