Rs 53.52 Crore IPO Alert: Peshwa Wheat Reveals Issue Date, Price Band And Lot Size

Peshwa Wheat Ltd, engaged in the processing of wheat-based products, will open its Initial Public Offering (IPO) on September 24, 2026. The issue comprises 52.99 lakh equity shares and is priced in the range of Rs 95–101 per share, with the company looking to raise up to Rs 53.52 crore. The company has proposed to list its equity shares on the BSE SME platform, with the tentative listing date scheduled for October 1, 2026.

The issue comprises a fresh issue of 50.04 lakh equity shares. Of the proceeds, Rs 6.69 crore will be used for purchasing plant and machinery, Rs 5.01 crore for civil Construction and Rs 26.50 crore towards working capital requirements. The remaining funds will be used for general corporate purposes. The lot size is 1,200 shares, while 50.02 per cent of the total issue has been reserved for retail shareholders.

Strong FY26 Financial Performance
Peshwa Wheat reported total income of Rs 215.96 crore in FY26, compared with Rs 171.55 crore in FY25. Profit after Tax increased to Rs 15.81 crore from Rs 11.84 crore, while EBITDA rose to Rs 22.73 crore from Rs 18.05 crore. The company reported ROE of 44.96 per cent and ROCE of 33.44 per cent as of March 2026, with a debt-to-equity ratio of 0.55 times. PAT margin stood at 7.32 per cent and EBITDA margin at 10.53 per cent.

Integrated Wheat Processing Business
Incorporated in 2023, Peshwa Wheat processes products including Atta, Sortex Wheat, Broken Wheat, Besan and Maize Flour. Its integrated facility in Indore, Madhya Pradesh, has an installed capacity of 56,100 MTPA and serves B2B customers across Madhya Pradesh, Maharashtra, Karnataka and Gujarat through super stockists and direct institutional sales.

The company plans to use the IPO proceeds to strengthen its manufacturing infrastructure, improve capacity utilisation and support working capital requirements. Finaax Capital Advisors Pvt Ltd is the book-running lead manager, Maashitla Securities Pvt Ltd is the registrar and Bhansali Value Creations Pvt Ltd is the market maker.

The company has also received attention in the unofficial grey market, with offline market participants in Ahmedabad, Rajkot and Surat indicating a grey-market premium of around Rs 58–60, according to the media release.

Disclaimer: The article is for informational purposes only and not investment advice