Q&T Foods IPO
GMP, Subscription, Price, Dates & Financial Details
Consumer Food
Incorporated in August 2018, Q&T Foods Limited is a bakery products manufacturer engaged in the production, distribution, marketing, and sale of a wide range of bakery products under its flagship brand, “American Bakers.” The company primarily operates across Uttar Pradesh and adjoining…
Open Date
Wed, 12 Aug 2026
Close Date
Fri, 14 Aug 2026
Issue Price
₹ 115
Lot Size
1200
Issue Size
₹ 26.25 Cr
Minimum Investment
₹ 276,000 (2400 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Q&T Foods IPO subscription has closed. According to the Red Herring Prospectus (RHP), the IPO was a fixed price issue with a total issue size of ₹26 Crore, comprising a fresh issue of 22.82 Lakh equity shares aggregating to ₹26.25 Crore.
The company had fixed the price at ₹115 per share, with a lot size of 1200 shares. Retail investors were required to make a minimum investment of ₹276,000 (based on the upper price band) to apply for one lot.
Skyline Financial Services Private Ltd is the registrar to the issue. Corporate Makers Capital Limited are the Book Running Lead Managers (BRLMs) to the issue.
With the subscription period now closed, investors can expect the basis of allotment to be finalized on August 17, 2026. Successful applicants are likely to receive shares in their demat accounts before the tentative listing on BSE SME Platform on August 19, 2026.
Q&T Foods IPO Timeline (Tentative)
- IPO Open Date
- Wed, 12 Aug 26
- IPO Close Date
- Fri, 14 Aug 26
- Basis of Allotment
- Mon, 17 Aug 26
- Initiation of Refunds
- Tue, 18 Aug 26
- Credit of Shares to Demat
- Tue, 18 Aug 26
- Listing Date
- Wed, 19 Aug 26 — NSE & BSE
Open Date
12 August 2026
Close Date
14 August 2026
Basis Of Allotment
17 August 2026
Listing Date
19 August 2026
IPO Subscription
Check Live Subscription →The Q&T Foods IPO has received bids for 31,99,200 shares against 21,67,200 shares offered, resulting in an overall subscription of 1.48x. the NII category is subscribed 0.31x, Retail Investors 2.64x, and QIBs 0x.
QIB
0x
NII
0.31x
RII
2.64x
Total
1.48x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 10,83,600 shares, representing 50% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 0 shares (%), while Non-Institutional Investors (NIIs) receive 10,83,600 shares (50%).
| Category | Shares Offered | Shares Offered |
|---|---|---|
| Non-Institutional | 1,083,600 | 50% |
| Retail Investors | 1,083,600 | 50% |
| Total | 2,167,200 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 26.57 | 19.68 | 14.34 |
| Revenue | 54.78 | 46.83 | 40.22 |
| Profit After Tax | 5.2 | 2.74 | 1.96 |
| Net Worth | 12.24 | 7.04 | 2.44 |
| Reserve & Surplus | 7.44 | 2.24 | 2.34 |
| Total Borrowings | 11.05 | 10.11 | 9.84 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Q&T Foods Limited KPI Information
| Particular | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 53.95 | 57.71 | 134.07 |
| ROCE % | 70.88 | 60.69 | 85.45 |
| RoNW % | 29.72 | 38.86 | 80.26 |
| Pat Margin % | 9.49 | 5.84 | 4.87 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Q&T Foods Ltd | 10 | 10.62 | 10.83 | 10.83 | 42.49 | 25.51 |
| Mrs.Bectors Foods Specialties Ltd | 2 | 54.37 | 3.87 | 3.87 | 10.11 | 38.29 |
About Q&T Foods Limited
Incorporated in August 2018, Q&T Foods Limited is a bakery products manufacturer engaged in the production, distribution, marketing, and sale of a wide range of bakery products under its flagship brand, “American Bakers.” The company primarily operates across Uttar Pradesh and adjoining regions, catering to local consumers, retailers, and other market segments through an established distribution network.
The company offers a diversified portfolio of bakery products, including Milk Bread, White Bread, Brown Bread, Multigrain Bread, Burger Buns, Pav, Kulcha, Pizza Bases, and other bakery products. This diverse product range enables the company to address various consumer preferences and applications across the retail and food-service markets.
Manufacturing & Quality Standards
Q&T Foods manufactures its products at its manufacturing facility located in Ghaziabad, Uttar Pradesh. The facility is spread across approximately 10,750 sq. ft. and has an installed production capacity of 9,472 tonnes per annum (TPA). The manufacturing facility is ISO 22000:2018 and HACCP certified, reflecting the company’s focus on food safety, hygiene, quality management, and standardized manufacturing practices.
The company follows stringent quality-control procedures throughout its manufacturing process, covering the procurement of raw materials, production, packaging, and finished products. Key raw materials, including flour, sugar, yeast, oils, and other additives, are procured from suppliers primarily located across Uttar Pradesh. The company maintains quality standards for raw materials and production processes to ensure consistency and product quality.
Distribution & Market Presence
Q&T Foods has developed a distribution network comprising 50+ dealers, enabling it to supply its products across Uttar Pradesh and nearby markets. The company’s distribution network supports the availability of its products through local retail outlets and other sales channels.
The company’s focus on expanding its dealer network, strengthening market penetration, and maintaining a diversified product portfolio has supported its growth in the bakery products segment. Its flagship American Bakers brand provides a common identity across its product offerings and contributes to the company’s presence in its target markets.
Financial Performance
The company has demonstrated consistent growth in its operating revenue over the past few years. Revenue from operations increased from ₹36.85 crore in FY23 to ₹46.83 crore in FY25, representing growth of approximately 27.1% over the period.
The growth in revenue has been supported by an expansion in the company’s distribution reach, increasing demand for its bakery products, a broader product portfolio, and improvements in operational efficiencies.
ParticularsFY23FY25
Revenue from Operations | ₹36.85 crore | ₹46.83 crore
Growth over FY23 | — | ~27.1%
Human Resources
As of June 30, 2026, Q&T Foods had 37 employees across various functions, including production, sales, quality control, administration, and support services. The company’s workforce supports its manufacturing operations, quality-assurance processes, sales and distribution activities, and day-to-day administrative requirements.
Overall Profile
Overall, Q&T Foods Limited has established itself as a regional bakery products manufacturer with a diversified product portfolio, an established dealer network, and a dedicated manufacturing facility in Ghaziabad. The company’s focus on food safety, quality standards, product diversification, distribution expansion, and operational efficiency has enabled it to build a growing presence in Uttar Pradesh and adjoining markets.
With its American Bakers brand, established manufacturing infrastructure, and expanding distribution network, the company is positioned to further strengthen its presence in the regional bakery products market.
Q&T Foods IPO Promoters
- Mr. Nishant Raj Gupta
- Ms. Khushbu Varshney
- Ms. Usha Gupta
- Mr. Rakesh Gupta
Promoters Holding
Holding Pre Issue
91.28%
Holding Post Issue
61.85%
Q&T Foods IPO Objective
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects.
- To finance the Capital expenditure requirements for the purchase of Equipment/Machineries for existing manufacturing facility
- To part finance the requirement of Working Capital
- Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company
- To meet General corporate purposes
Q&T Foods Limited Address / Contact Details
Q&T Foods Ltd. Address
1/361 SF
Vaishali
Ghaziabad, Uttar Pradesh, 201010
Telephone:+91-9355612523
Email:cs@qtfoods.in
Website:www.qtfoods.in
IPO Snapshot
Q&T Foods IPO Lot Size
The Q&T Foods IPO has a lot size of 1,200 shares. Retail investors require a minimum investment of ₹2,76,000 by applying for 2 lot (2,400 shares). The maximum application allowed for the retail category is 2 lots (2,400 shares), requiring an investment of ₹2,76,000.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | 276,000.00 |
| Retail (Max) | 2 | 2,400 | 276,000.00 |
| S-HNI (Min) | 3 | 3,600 | 414,000.00 |
Issue Reservation
- NII — 50%
- RII — 50%
Book Running Lead Managers
- Corporate Makers Capital Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Q&T Foods IPO?
Q&T Foods IPO is a Fixed price IPO with a total issue size of ₹26.25 crore. The Q&T Foods IPO price band is ₹115 to 115 per share. The Q&T Foods IPO subscription opens on Wed, Aug 12, 2026, and closes on Fri, Aug 14, 2026. The Q&T Foods IPO will be listed on the BSE. Skyline Financial Services Private Ltd is the registrar for the Q&T Foods IPO.
When will the Q&T Foods IPO open for subscription?
The Q&T Foods IPO opens on Wed, Aug 12, 2026 and closes on Fri, Aug 14, 2026
What is Q&T Foods IPO Price Band?
Q&T Foods IPO Price Band is ₹115 to 115 per share.
What is Q&T Foods IPO Lot Size?
Q&T Foods IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹276000 based on the upper price band
What is the minimum investment for Q&T Foods IPO?
The minimum investment for Q&T Foods IPO is ₹276000, based on one lot of 1200 shares at the upper price band of ₹115 per share.
How to apply for Q&T Foods IPO?
Investors can apply for the Q&T Foods IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Aug 14, 2026. The application amount remains blocked until the Q&T Foods IPO allotment is finalized.
What is Q&T Foods IPO Issue Size?
Q&T Foods IPO issue size is ₹26.25 crores.
What is the Q&T Foods IPO Allotment Date?
Q&T Foods IPO allotment date is Mon, Aug 17, 2026.
Who is the Q&T Foods IPO Registrar?
The registrar for Q&T Foods IPO is Skyline Financial Services Private Ltd. Investors can go to Skyline Financial Services Private Ltd website to check Q&T Foods IPO allotment status, refund processing, and other IPO-related information.
What is the Q&T Foods IPO GMP?
The Q&T Foods IPO GMP (Grey Market Premium) is ₹6 as of Sun, Aug 9, 2026. Based on the upper price band of ₹115 per share, the estimated Q&T Foods IPO listing price is ₹121, indicating a potential listing gain of approximately 5.22% over the issue price.
Who is the Q&T Foods IPO Lead Manager?
The book-running lead managers (BRLMs) for the Q&T Foods IPO are . The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Q&T Foods IPO Red Herring Prospectus (RHP).