Peshwa Wheat came to market through an SME IPO that opened on 24 September 2026 and closed on 28 September 2026, and the shares listed on 1 October 2026 on BSE SME. The price band was ₹95 to ₹101 per share and one lot was 1200 shares, so the minimum application was ₹1,21,200. The issue size was ₹53.52 crore. The whole issue was fresh shares, so the money raised went to the company.
It listed at ₹100.05, a loss of 0.9% against the issue price of ₹101. Maashitla Securities Pvt.Ltd. was the registrar to the issue, and Finaax Capital Advisors Pvt.Ltd was the lead manager.
As of 28 September 2026.
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Overall the issue was subscribed 2.83 times.
Incorporated in the year 2023, Peshwa Wheat Ltd deals in the processing of wheat flour based products like Atta, Sortex Wheat, Broken Wheat, etc., as well as other flour products like Besan and Maize flour. It sells its products mainly in packing of 50 kgs and 30 kgs. By-products generated during the process like wheat bran are used as cattle feed to avoid any form of waste and/or discharge. Business Model:
Through Super Stockiest Direct Sale to Customer It has set up a state-of-the-art integrated flour mill having an installed capacity of 56,100 MTPA in Indore, Madhya Pradesh.It mainly sells its products in the B2B category in Madhya Pradesh, Maharashtra, Karnataka, and Gujarat. Its products are supplied through the Super Stockists who sell to the wholesalers and retailers. As on March 31, 2026, it employs 24 people.
As described in the offer document.
| Metric | 31-Mar-26 | 31-Mar-25 | 31-Mar-24 |
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Rahat Ali Saiyed, Sadaf Saiyed, Shehnaj, Mo.Jed, Riyazuddin Qureshi. Promoter holding 72.61% before the issue and 52.39% 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.
Peshwa Wheat IPO was a ₹53.52 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹95–₹101 per share with a lot size of 1,200 shares; the minimum retail application was 2,400 shares (₹2,42,400). The IPO was open from September 24 to September 28, 2026 and was subscribed 2.83x. Shares listed on BSE SME on October 1, 2026 at ₹100.05, a 0.9% discount to the issue price of ₹101. Maashitla Securities Pvt. Ltd. is the registrar.
Finaax Capital Advisors Pvt. Ltd. is the book running lead manager.
The price band of Peshwa Wheat IPO is ₹95 to ₹101 per share.
The lot size of Peshwa Wheat IPO is 1200 shares.
The minimum investment for Peshwa Wheat IPO is approximately ₹2,42,400 based on the upper price band.
The allotment date of Peshwa Wheat IPO is Sep 29, 2026.
You can check Peshwa Wheat IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Peshwa Wheat IPO allotment status on Rupix for quick and easy access.
₹95 to ₹101 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 ₹1,21,200. After listing, SME shares also trade in lots rather than one share at a time.
₹1,21,200, 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 September 2026 and closed on 28 September 2026.
The basis of allotment was published on 29 September 2026 by Maashitla Securities Pvt.Ltd., and allotted shares were credited to demat accounts before listing.
The shares listed on 1 October 2026 on BSE SME, opening at ₹100.05.
The issue size was ₹53.52 crore. The fresh issue was 52,99,200 shares (aggregating up to ₹53.52 crore).
It listed at ₹100.05 against an issue price of ₹101, a loss of 0.9 percent on listing day.