Abram Food came to market through an SME IPO that opened on 24 June 2025 and closed on 26 June 2025, and the shares listed on 1 July 2025 on BSE SME. The price band was ₹98 per share and one lot was 1200 shares, so the minimum application was ₹1,17,600. The issue size was ₹13.29 crore. The whole issue was fresh shares, so the money raised went to the company.
Kfin Technologies Limited was the registrar to the issue, and Corporate Makers Capital Ltd was the lead manager.
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Incorporated in 2009, Abram Food Limited is involved in the manufacturing and trade of Chana Dal, Flour (Chakki Atta), Besan, Multi multi-grain atta, Maida, Sooji, Spices, Cattle Feed (khali), and edible oils.
The Company sells and markets its range of products in Rajasthan, Delhi/NCR, and Uttar Pradesh under the brand name Kherliwala through a network of distributors.The firm sells Chana Dal, Atta, Besan, Chana Churi, and Cattle Feed (Khal) in bulk (30-50 kg pack) to distributors, who retail them in loose form at shop level.The firm processes items such as chana dal, flour, spices, besan, and cattle feed without artificial additives or chemicals, maintaining quality and freshness at each step, ranging from procurement to packing.
The company deals in a variety of flours, such as Rajasthan Royal Besan, Maida, Suji, Chakki Fresh Atta, and Multi Grain Atta, etc., plus several oils and spices.The company has one manufacturing unit at B-34, Matsya Industrial Area, Alwar, Rajasthan, over an area of 3000 sq. meters, having the capabilities for effective cleaning, drying, grinding, and packaging to cater to Rajasthan and Delhi/NCR.Product Line: Rajasthan Royal Besan, Rajasthan Royal Chakki Fresh Aata, Rajasthan Royal Maida, Rajasthan Royal chilli Powder, etc.
The company employs 15 workers as of November 30, 2024.
As described in the offer document.
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Mr. Brij Bhushan, Ms. Mona Singhal, Mr. Arpit Gupta. Promoter holding 93.14% before the issue and 67.33% after.
Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Abram Food IPO was a ₹13.29 crore fixed-price issue, made up entirely of a fresh issue. It was priced at ₹98 per share with a lot size of 1,200 shares (₹1,17,600). The IPO was open from June 24 to June 26, 2025. Shares listed on BSE SME on July 1, 2025 at ₹90.40, a 7.8% discount to the issue price of ₹98. Kfin Technologies Limited is the registrar. Corporate Makers Capital Ltd. is the book running lead manager.
The issue price of Abram Food IPO is ₹98 per share (fixed price).
The lot size of Abram Food IPO is 1200 shares.
The minimum investment for Abram Food IPO is approximately ₹1,17,600 based on the issue price.
The allotment date of Abram Food IPO is Jun 27, 2025.
You can check Abram Food IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Abram Food IPO allotment status on Rupix for quick and easy access.
₹98 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 1200 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,17,600. After listing, SME shares also trade in lots rather than one share at a time.
₹1,17,600, for one lot of 1200 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 24 June 2025 and closed on 26 June 2025.
The basis of allotment was published on 27 June 2025 by Kfin Technologies Limited, and allotted shares were credited to demat accounts before listing.
The shares listed on 1 July 2025 on BSE SME.
The issue size was ₹13.29 crore. The fresh issue was 13,56,000 shares (aggregating up to ₹13.29 crore).