The IPO of Abram Food Limited, a Gujarat-based manufacturer of FMCG food products, has opened for subscription and is drawing attention for its value-focused pricing and expansion plans.

IPO Details Snapshot

About Abram Food Limited

Abram Food is involved in the manufacturing, packaging, and distribution of ready-to-eat food products, including:

• Spices

• Farsan (snacks)

• Dry mixes and namkeens

The company has a growing presence in western India, and aims to use IPO proceeds to:

• Set up new production units

• Expand marketing and distribution

• Support working capital needs

GMP Trends and Market Sentiment

According to IPO observers:

• Abram Food IPO GMP is in the range of ₹5–₹7 over the issue price of ₹65

• This implies a potential listing price of ₹70–₹72, or a gain of 7–10%

While SME GMPs can be volatile, the current premium suggests moderate demand among grey market traders.

Should You Apply for Abram Food IPO?

Strengths:

• Established brand in regional FMCG space

• Demand for ready-to-eat and packaged foods is rising

• Attractive valuation for SME IPO

Risks:

• SME IPOs are illiquid and volatile

• Faces competition from larger FMCG players

• Depends heavily on distribution network scalability

Expert View:
Good for short-term listing gain seekers with appetite for SME risk. Long-term investors should look for revenue growth, branding efforts, and retail expansion plans post-IPO.

Disclaimer: This article is for informational purposes only and should not be considered financial advice. Investors are advised to consult with certified financial advisors and read all documents carefully before making investment decisions. Market conditions are subject to change.

The Upcoming IPOs in this week and coming weeks are Crizac, Silky Overseas, Vandan Foods, Pushpa Jewellers, Cedaar Textile, Adcounty Media India, Marc Loire Fashions, Neetu Yoshi.

The Current active IPO are Moving Media Entertainment, Valencia India, PRO FX Tech, Ace Alpha Tech, Indogulf Cropsciences, Suntech Infra Solutions, Rama Telecom, Supertech EV, Sambhav Steel Tubes, HDB Financials, Abram Food, Shri Hare-Krishna Sponge Iron, Icon Facilitators, Globe Civil Projects, Ellenbarrie Indutrial Gases, Kalpataru, AJC Jewel.

The Closed IPOs are Aakaar Medical Technologies, Safe Enterprises Retail Fixtures, Mayasheel Ventures.

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