Q&T Foods IPO

Listed SME
Min Investment
₹2,76,000
2400 Shares
Min Investment
₹2,76,000 · 2400 Shares
Open Aug 12
Close Aug 14
Allotment Aug 17
Refund Aug 18
Listing Aug 19

Market Sentiment

+Rs 1
+0.9%
Est. Listing: Rs 116
Updated: Aug 14, 2026 10:53 am
Subscription Status
NII
0.30x
Retail
2.64x
Total
1.47x
Updated: Aug 14, 2026 5:00 pm IST
Analysis Score 47 / 100
Neutral
Data: 100%
GMP Score 35
Subscription Score 25
Valuation Score 95
Financial Health 66
Score updates live as GMP/subscription change. For information only — not investment advice.

IPO Details

Issue Price₹115 per equity share
Face Value₹10 Per Equity Share
Lot Size 2400 shares (Min ₹2,76,000)
Total Issue Size ₹26.25 crore
Fresh Share₹26.25 crore
Issue TypeFixed Price Issue
Lead ManagerCorporate Makers Capital Ltd.
RegistrarSkyline Financial Services Pvt. Ltd.
Listing atBSE
Listing Price₹115.00
Listing Gain+0.00%

Market Lot Size

Category Lots Shares Amount (₹)
Retail Minimum 2 2,400 ₹2,76,000
Retail Maximum 2 2,400 ₹2,76,000
S-HNI Minimum 3 3,600 ₹4,14,000
Budget to Lots Calculator

IPO Reservation

Category Shares Offered Shares %
NII (HNI)10,83,60050.00%
Retail10,83,60050.00%
Total21,67,200

Day-wise Subscription (times subscribed)

Category Day 1 Day 2 Day 3
NII 0.07x 0.09x 0.30x
Retail 1.19x 1.79x 2.64x
Total 0.63x 0.94x 1.47x

Financial Analysis

Financial Data
EPS (Pre)
Rs 10.84
P/E (Pre)
10.62x
ROE
53.95%
ROCE
70.88%
RoNW
42.49%
EBITDA Margin
15.27%
Debt/Equity
0.90
NAV/Share
Rs 25.52
Revenue Growth
16.98%
Profit Margin
9.49%
Financial Performance
Metric 2024 2025 2026
Revenue 40.22 46.83 54.78
Expense 37.57 43.14 47.83
Profit (PAT) 1.96 2.74 5.20
Total Assets 14.34 19.68 26.57
Values in Crores (₹)
Promoters & Holding Pattern

Promoters: Nishant Raj Gupta, Khushbu Varshney, Usha Gupta and Rakesh Gupta

Strengths & Risks

Strengths
  • Revenue grew 17% in the latest reported year.
  • Solid profit margin — 9.5%.
  • Strong return on equity — 54%.
Risks & Concerns

Our metrics didn't flag a major concern for Q&T Foods from the disclosed data — but this isn't a clean bill of health. Read the risk-factors section of the RHP, which lists company-specific risks our data can't capture.

Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.

Company Information

About Q&T Foods

Q&T Foods Limited, founded in August 2018, has been involved in the production, distribution, marketing, and manufacturing of bakery products. The firm sells breads, buns, pizza bases, kulchas, pav, and other bakery products under the brand “American Bakers”. Its product portfolio consists of a wide range of bakery products such as Milk Bread, White Bread, Brown Bread, Multigrain Bread, Burger Buns, Pav, Kulcha, and Pizza Bases, which are distributed through 50+ dealers serving several customers and retail stores. Its manufacturing facility is located at Ghaziabad, Uttar Pradesh, spread across 10,750 sq. ft. with an installed capacity of 9,472 TPA. The firm buys ingredients like flour, sugar, yeast, oil, and other ingredients from suppliers in different parts of Uttar Pradesh with strict quality control.

Objects of the Issue
Purpose Amount (Cr)
To finance the Capital expenditure requirements for the purchase of Equipment/Machineries for existing manufacturing facility 4.42
To part finance the requirement of Working Capital 7.50
Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company 6.75
To meet General corporate purposes -

Resources & Documents

Company Contact Information

Q&T Foods Ltd., 1/361 SF, Vaishali, Ghaziabad, Uttar Pradesh, 201010

Q&T Foods IPO — Quick Take

Q&T Foods has fixed the issue price at Rs 115 per share for an issue size of Rs 26 crore. The stock listed flat against its issue price.

Q&T Foods Limited, founded in August 2018, has been involved in the production, distribution, marketing, and manufacturing of bakery products. The firm sells breads, buns, pizza bases, kulchas, pav, and other bakery products under the brand “American Bakers”.

The issue is promoted by Nishant Raj Gupta, Khushbu Varshney, Usha Gupta and Rakesh Gupta with Corporate Makers Capital Ltd. acting as lead manager. Net proceeds will primarily be used towards To finance the Capital expenditure requirements for the purchase of Equipment/Machineries for existing manufacturing fac… (Rs 4 crore) and To part finance the requirement of Working Capital (Rs 8 crore).

Grey market is quoting a premium of +Rs 1 (+0.9% over issue price), down Rs 14 from the previous session. Final subscription data records overall subscription at 1.47x, retail at 2.64x, NII at 0.30x.

At the upper end of the price band, the issue is priced at a post-issue P/E of 10.62x. On fundamentals, the company is posting revenue growth of 17.0%, a profit margin of 9.5%, return on equity of 54.0% in its most recent reported period. Listed peers in this segment include Mrs. Bectors Foods Specialties Limited (P/E 54.37x) — useful reference points when evaluating the issue's pricing relative to where the broader sector is trading.

Our data-driven engine currently flags this issue as a Neutral stance — the data is mixed and the risk-reward is balanced rather than one-sided. Past performance does not predict future returns — review the price chart and peer comparison below before trading.

Frequently Asked Questions

The issue price of Q&T Foods IPO is fixed at Rs 115 per share. Face value is Rs 10 per share.

The total issue size of Q&T Foods IPO is Rs 26 crore, comprising fresh issue of Rs 26 crore.

Retail investors must apply for a minimum of 1 lot of 2400 shares, requiring an investment of Rs 2,76,000.

Q&T Foods IPO opens for subscription on August 12, 2026 and closes on August 14, 2026.

The expected allotment date for Q&T Foods IPO is August 17, 2026. Refunds for unsuccessful applicants are expected on August 18, 2026.

Q&T Foods IPO is scheduled to list on August 19, 2026 on BSE.

The current GMP (Grey Market Premium) of Q&T Foods IPO is +Rs 1 (+0.9% over issue price). GMP is an unofficial grey market indicator and may change through the subscription window. See the GMP chart on this page for the full trend.

Q&T Foods IPO is currently subscribed 1.47 times overall — retail at 2.64x, NII at 0.30x. Live subscription data updates multiple times per day on open-issue days.

Based on the current retail subscription of 2.64x for Q&T Foods IPO, the estimated retail allotment probability is approximately 43.2%. This is a moderate probability of allotment.

The registrar for Q&T Foods IPO is Skyline Financial Services Pvt. Ltd.. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for Q&T Foods IPO are Corporate Makers Capital Ltd..

The promoter(s) of Q&T Foods are Nishant Raj Gupta, Khushbu Varshney, Usha Gupta and Rakesh Gupta.

Q&T Foods IPO GMP — What It Means

The latest grey market premium for Q&T Foods IPO is ₹1 (+0.9%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For Q&T Foods it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.

See the full Q&T Foods GMP history and trend, or learn how grey market premium works and how reliable it is.

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