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Peshwa Wheat IPO Opens Tomorrow: Price Band, GMP, and Key Details Revealed!
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Moneycontrol•23-09-2026, 09:27
Peshwa Wheat IPO Opens Tomorrow: Price Band, GMP, and Key Details Revealed!
- •Peshwa Wheat's Rs 53.5 crore IPO opens for subscription on September 24, aiming to expand processing infrastructure and strengthen its B2B presence.
- •The IPO will close on September 28, with shares listing on the BSE SME platform around October 1, 2026.
- •The price band for the IPO is fixed at Rs 95-101 per share, with a fresh issue of up to 52.99 lakh equity shares.
- •Funds raised will be allocated for working capital (Rs 26.50 crore), plant and machinery purchase (Rs 6.69 crore), and civil construction (Rs 5.01 crore).
- •Incorporated in 2023, Peshwa Wheat processes and supplies various wheat-based products from its Indore facility, which has a 56,100 metric tonnes per annum capacity.
Key Questions Answered
The price band for the Peshwa Wheat SME initial public offering is set at Rs 95-101 per share, and the company aims to raise Rs 53.5 crore entirely through a fresh issue of up to 52.99 lakh equity shares.
The public subscription for the Peshwa Wheat IPO opens on September 24 and closes on September 28, with a tentative listing date scheduled for October 1, 2026, on the BSE SME platform.
Out of the issue proceeds, Rs 26.50 crore will fund working capital requirements, Rs 6.69 crore will purchase plant and machinery, Rs 5.01 crore is allocated for civil construction, and the rest goes toward general corporate purposes.
