Peshwa Wheat targets ₹54 crore through BSE SME IPO

Indore-based grain processor Peshwa Wheat plans to raise ₹54 crore through a BSE SME IPO, funding plant and machinery, civil construction and working capital. The B2B atta, besan and flour supplier serves retailers, institutions and food businesses across four western and central Indian states.

— Source publishedTue, 22 Sept, 2026, 17:42 IST·First seen Tue, 22 Sept, 2026, 17:45 IST·Source The Hindu BusinessLine

What happened

Indore-based grain processor Peshwa Wheat plans a ₹54 crore BSE SME IPO to fund equipment, civil works and working capital. The B2B supplier of atta, besan and

Key facts

  • ₹54 crore IPO
  • ₹95-₹101 per share price band
  • ₹7 crore for plant and machinery
  • ₹5 crore for civil construction
  • ₹26 crore for working capital

What changed

Indore-based grain processor Peshwa Wheat plans a ₹54 crore BSE SME IPO to fund equipment, civil works and working capital. The B2B supplier of atta, besan and flour serves retailers, institutions and food businesses across four western and central Indian states.

Why this matters

Peshwa Wheat’s ₹54 crore SME IPO would fund machinery, construction and working capital to expand B2B atta, besan and flour supply across western and central India.

What to watch

  • Subscription multiple, grey-market premium and final IPO pricing versus the ₹95–₹101 band.
  • Exact allocation of proceeds between machinery, civil construction and working capital.
  • Revenue growth, EBITDA margin and receivable days in the first two reporting periods after listing.
  • Wheat and pulse procurement-price movements versus realised selling-price increases.
  • Capacity commissioning dates, utilisation ramp and any disclosed production-capacity increase.