Abram Food Limited, a rising name in the Indian FMCG sector, has carved its brand identity around health and tradition. The company's tagline, “Eat Healthy, Live Healthy”, reflects its commitment to nutritious, wholesome food that maintains authentic regional flavor. Abram Food specializes in delivering the “Taste of Rajasthan” while preserving nutritional value through traditional stone-grinding technology, promoting natural flavor retention and wellness.

IPO Details

Abram Food is launching a Fixed Price Issue worth ₹13.29 Crores, comprising entirely of a Fresh Issue of 14.28 lakh equity shares.

• IPO Open Date: June 24, 2025

• IPO Close Date: June 26, 2025

• Basis of Allotment: June 27, 2025 (Friday)

• Listing Date (Tentative): July 1, 2025 (Tuesday)

• Listing on: BSE SME

The IPO is priced at ₹98 per share, pegging the company’s market capitalization at ₹50.50 Crores post-listing.

Lot Size and Investment Details

• Lot Size: 1,200 shares

• Retail Minimum Investment: ₹1,17,600 (1 lot)

• HNI Minimum Investment: ₹2,35,200 (2 lots, 2,400 shares)

Lead Manager, Registrar, Market Maker

• Book Running Lead Manager: Corporate Makers Capital Limited

• Registrar: KFIN Technologies Limited

• Market Maker: Giriraj Stock Broking Private Limited

GMP (Grey Market Premium) Today

As of June 20, 2025, the GMP of Abram Food IPO is recorded at ₹0, suggesting no expected listing gains. GMP values are indicative, based on informal trading, and should not be the basis for investment decisions. These figures merely reflect short-term demand and are not regulated by official exchanges.

IPO GMP Trend – Day Wise

Subscription Status: Real-Time Update

The IPO subscription opens on June 24, 2025, and live bidding status will be tracked on the BSE SME platform. Updates will reflect retail, HNI, and QIB participation across the 3-day window.

How to Check Allotment Status

Investors can check allotment results starting June 27, 2025, via the registrar’s portal.
Steps to check:

1. Visit the KFIN Technologies IPO allotment page.

2. Select Abram Food Limited from the list.

3. Enter your PAN, Application Number, or DP Client ID.

4. Click submit to know your allotment status.

IPO Objectives

The proceeds from the IPO will be utilized for:

1. ₹385.00 Lakhs to meet Capital Expenditure towards the purchase of machinery

2. ₹670.00 Lakhs to support Working Capital Requirements

3. ₹204.50 Lakhs for General Corporate Purposes

Promoter Background

The company is backed by an experienced leadership team:

• Mr. Brij Bhushan – over 49 years of experience

• Ms. Mona Singhal – 16 years in the FMCG industry

• Mr. Arpit Gupta – 20 years in manufacturing and distribution

This seasoned team has driven Abram Food's strategic positioning in the health-focused food segment.

Financial Highlights

The company has shown consistent financial growth, more than doubling its revenue and PAT over two years.

Key Valuation Metrics

• Pre-Issue EPS (FY24): ₹9.05

• Post-Issue EPS (FY24): ₹6.32

• Pre-Issue P/E Ratio: 10.82x

• Post-Issue P/E Ratio: 15.52x

• ROCE (FY24): 56.02%

• ROE (FY24): 38.62%

• RoNW: 38.62%

These metrics suggest the company is efficient and capital-productive, though the IPO is fairly valued at the offered price point.

Investment Recommendation

Although Abram Food has demonstrated strong revenue growth and solid return ratios, the lack of GMP premium and a Fixed Price Issue format suggest no immediate listing gains. The IPO is fairly priced and may be better suited for long-term investors with a focus on FMCG and health-focused brands.

Thus, for those seeking listing gains, our recommendation is to Avoid this IPO. For long-term fundamentals-based investors, a deeper analysis is advised.

Disclaimer

This content is purely for educational and informational purposes. It is not financial advice or a solicitation to invest. Investment in securities is subject to market risk. Consult with your financial advisor before making any investment decision. GMP data is unregulated and speculative and should not be used as the sole indicator for investment.

The Upcoming IPOs in this week and coming weeks are Supertech EV, Valencia India, Neetu Yoshi, Abram Food, PRO FX Tech, Suntech Infra Solutions, Shri Hare-Krishna Sponge Iron, Icon Facilitators, Ace Alpha Tech, Globe Civil Projects, Sambhav Steel Tubes, Ellenbarrie Indutrial Gases, Kalpataru, HDB Financials, AJC Jewel.

The Current active IPO are  Aakaar Medical Technologies, Safe Enterprises Retail Fixtures, Mayasheel Ventures.

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