Indore-based Peshwa Wheat sets ₹53.52 crore SME IPO opening for 24 September
B2B wheat processor Peshwa Wheat will offer shares at ₹95–₹101 apiece, with a minimum retail application of ₹2.42 lakh. Proceeds are earmarked mainly for working capital, machinery and civil construction, ahead of a proposed 1 October BSE SME listing.
What happened
Peshwa Wheat Ltd · इंदौर की B2B गेहूं-प्रोसेसिंग कंपनी Peshwa Wheat ₹53.52 करोड़ का SME IPO ला रही है। आय का बड़ा हिस्सा कार्यशील पूंजी, मशीनरी और निर्माण में
Key facts
- IPO size: ₹53.52 crore
- Price band: ₹95-₹101 per share
- Lot size: 1,200 shares
- Minimum retail application: 2,400 shares / ₹2,42,400 at upper band
- Working-capital use: ₹26.50 crore
What changed
इंदौर की B2B गेहूं-प्रोसेसिंग कंपनी Peshwa Wheat ₹53.52 करोड़ का SME IPO ला रही है। आय का बड़ा हिस्सा कार्यशील पूंजी, मशीनरी और निर्माण में लगेगा; कंपनी चार राज्यों में संस्थागत और थोक ग्राहकों को सप्लाई करती है।
Why this matters
Peshwa Wheat’s planned SME IPO would add working-capital capacity and machinery investment, potentially strengthening its ability to serve B2B flour and wheat-product customers at greater scale.
What to watch
- Subscription levels across retail, HNI and non-institutional categories before the issue closes.
- Final issue price, anchor participation if applicable, and grey-market/listing-indication trends.
- BSE SME listing-day premium, traded volumes, and sustained post-listing liquidity.
- Disclosure of processing capacity, utilization, customer concentration, receivables days, and inventory turnover.
- Wheat procurement-price movements, flour-price pass-through, and changes in working-capital borrowing.