Baba Food Processing India IPO GMP

Author : Sachin Gupta

01-November-2023

What is IPO GMP?

IPO GMP shows us the premium that someone is willing to pay for the corresponding IPO in the grey market; It is used frequently to forecast the listing price of upcoming IPOs.

About Baba Food Processing India IPO 

Baba Food Processing is an agro-food production firm founded in April 2015.  The firm produces a wide range of goods, including Whole Wheat Atta (Wheat Flour), Refined Flour (Maida), Tandoori Atta, and Semolina Flour (Sooji). The firm has a production operation in Nagri, Ranchi, and wants to open another in Patna, Bihar. The firm employs around 120 individuals and has yearly revenues exceeding $900 million.

Baba Food Processing India IPO Details

IPO Date

  IPO Close

Face Value

IPO Price

IPO Size

Lot Size

Listing At

Allotment Date

Listing Date

03-Nov-23

₹10 per share

₹72 to ₹76

07-Nov-23

₹33.00 Cr

1600 shares

NSE SME

10-Nov-23

16-Nov-23

Date

GMP

Baba Food Processing India IPO GMP

11-Nov-23

₹ 8

12-Nov-23

₹ 8

13-Nov-23

₹ 8

14-Nov-23

₹ 5

15-Nov-23

₹ 10

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