{
  "id": 10395210,
  "title": "Papadmalji Agro Foods IPO Opens September 29, Investors Eye ₹69–₹72 Price Band",
  "url": "https://urgent.news/2026/09/28/papadmalji-agro-foods-ipo-opens-september-29-investors-eye-69-72",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-28T07:18:15.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/papadmalji-agro-foods-ipo-opens-september-29-investors-eye-6972-price-band"
  },
  "original_language": "en",
  "account": "Mumbai, September 29 - Papadmalji Agro Foods will launch its ₹20.18 crore initial public offering (IPO) on September 29, with a price range of ₹69–₹72 per share. The Bikaner-based company will offer a total of 28,03,200 shares, comprising 25.73 lakh new shares and 2.30 lakh shares through an offer for sale. NSE Stocks has dipped 2% and fallen below the IPO price amid a broader market sell-off. Share allotment is set for October 5, followed by credit to successful applicants' demat accounts on October 6, with a tentative listing date of October 7. Kreo Capital is the book-running lead manager, while MAS Services is the registrar. Investors in the individual category must apply for at least two lots, or 3,200 shares, costing a minimum of ₹2,30,400 at the upper end of the price band. The IPO funds will be used for building a manufacturing facility, repaying bank borrowings, and general corporate purposes.",
  "summary": "Mumbai: Papadmalji Agro Foods will open its ₹20.18 crore initial public offering (IPO) for subscription on September 29. The Bikaner-based food manufacturer has set a price band of ₹69–₹72 per share for the NSE SME issue, which closes on October 1. The IPO comprises a fresh issue of 25.73 lakh shares worth up to ₹18.52 crore and an offer for sale of 2.30 lakh shares worth up to ₹1.66 crore. In…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Free Press Journal",
        "title": "Dove Soft’s IPO Countdown Begins, Investors Get A ₹104–₹111 Price Band Ahead Of September 30 Opening",
        "url": "https://urgent.news/2026/09/28/dove-softs-ipo-countdown-begins-investors-get-a-104-111-price-band",
        "published": "2026-09-28T07:44:30.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}