- POSITIVE
Annual Revenue Peshwa Wheat Mar-2026 Annual Revenue is Rs 216 Cr which is growth of 25.9% YoY.
- POSITIVE
Annual Net Profit Peshwa Wheat Mar-2026 Annual Net Profit is Rs 16 Cr which is growth of 33.6% YoY.

Peshwa Wheat was incorporated on September 13, 2017. The company processes wheat-based products such as atta, sortex wheat, broken wheat, besan and maize flour, with an integrated unit having an installed capacity of 56,100 MTPA. Its B2B products are marketed mainly across Madhya Pradesh, Maharashtra, Karnataka and Gujarat, supported by quality controls, FSSAI licences and ISO 22000:2018 certification
| Bidding Dates |
|---|
| 24 Sep 2026 - 28 Sep 2026 |
| Subscription |
|---|
| 2.68x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹228,000 | 2 | 2 | 1200 | 5.3 M | ₹95 - ₹101 | 52.39 % | ₹503.4 M - ₹535.2 M | RHP DOC |
Peshwa Wheat IPO SUBSCRIPTION STATUS
28 Sep '26Peshwa Wheat IPO overall subscription rate was 2.68 times the total available shares
Peshwa Wheat IPO retail subscription rate was 1.72 times in the retail segment
Peshwa Wheat IPO non-institutional investor subscription rate was 0.42 times in the non-institutional investor category
Peshwa Wheat IPO Qualified Institutional Bidder subscription rate was 177.12 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
28 Sep 2026 (Day 3) | 1.72x | 0.42x | 177.12x |
25 Sep 2026 (Day 2) | 0.49x | 0.19x | 177.12x |
24 Sep 2026 (Day 1) | 0.04x | 0.11x | 177.12x |
Peshwa Wheat FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY26 | 215.9 | 15.8 | 15.6 | 15.5 | 10.53% |
| FY25 | 171.5 | 11.8 | -13.1 | -13.4 | 10.52% |
| FY24 | 43.8 | 5.2 | -2.0 | -3.7 | 15.77% |
Peshwa Wheat IPO SUBSCRIPTION STATUS DETAILS
Peshwa Wheat had 5.3 M shares on offer
Peshwa Wheat IPO offer price was in the range ₹95 - ₹101
Peshwa Wheat IPO minimum Investment was ₹228000
Peshwa Wheat IPO issue size was ₹ 503.4 M - ₹ 535.2 M
Peshwa Wheat had a minimum lot size of 1200 Shares per application
Peshwa Wheat NUMBER OF SHARES ON OFFER
Peshwa Wheat IPO IMPORTANT DATES
| Issue Open Date | 24 Sep 2026 |
| Issue close Date | 28 Sep 2026 |
| Allotment Date | 29 Sep 2026 |
| Refund Date | 30 Sep 2026 |
| Demat Account Credit Date | 30 Sep 2026 |
| Listing Date | 01 Oct 2026 |
| Listing on Exchange(s) | BSE |
| Peshwa Wheat Allotment Status | Exchange/ Registrar |
Peshwa Wheat IPO subscription opened on 24 Sep 2026, and closed on 28 Sep 2026
IPO allotment for Peshwa Wheat was finalized on Tuesday, 29 Sep 2026
IPO listing for Peshwa Wheat was on BSE on Thursday, 01 Oct 2026
Peshwa Wheat IPO LISTING GAINS
| Issue Price (adjusted) | 101.0 |
| Listing Open Price | 100.0 |
| Listing Close Price | 95.0 |
| Listing Gain% | -0.9% |
| Current Gain% | -19.3% |
Peshwa Wheat Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Peshwa Wheat Ltd. | 81.6 | 155.2 | 9.8 | 0.3 | 0.7 | 36.7 | 19.6 | 216 | 25.9 | 15.8 | 33.6 | 8.3 | 33.6 |
| Varun Beverages Ltd. | 441 | 149168 | 44.1 | 2.3 | 6.2 | 15.5 | 11.9 | 22037.7 | 9.5 | 3036.5 | 17 | 10 | 18.9 |
| Manorama Industries Ltd. | 2043.4 | 12898.4 | 52.3 | 0.5 | 8.7 | 33 | 18.8 | 1377.1 | 73.9 | 224.9 | 104.9 | 39.1 | 110 |
| EID Parry (India) Ltd. | 688.9 | 12259.4 | 26.4 | -0.5 | 0.3 | 6.5 | 1.9 | 38883.4 | 21.6 | 569.5 | -35.2 | 26.1 | -55 |
| Avanti Feeds Ltd. | 699.1 | 9524.9 | 17.9 | -2.2 | 1.5 | 18.4 | 14.2 | 6276.5 | 8.6 | 606.1 | 14.6 | 39 | -8.3 |
| Sanstar Ltd. | 101.9 | 1857.1 | 42.2 | 0.7 | 2.3 | 5.2 | 4.3 | 796.4 | -18 | 34.4 | -21.3 | 2.4 | 63.2 |
Peshwa Wheat annual results: revenue, profit, P&L, and margins as of Mar 2026 – 11 year history
| Indicator | Graph | Mar '26 | Mar '25 | Mar '24 |
|---|---|---|---|---|
| 216 | 171.6 | 43.8 | ||
Operating Exp. Ann. | 193.2 | 153.5 | 36.9 | |
Operating Profit Ann. | 22.7 | 18.1 | 6.9 | |
OPM Ann. % | 10.53% | 10.52% | 15.76% | |
| 194.7 | 155.5 | 37.1 | ||
EBITDA Ann. | 22.8 | 18.1 | 6.9 | |
EBITDA Ann. margin % | 10.54% | 10.53% | 15.80% | |
Interest Ann. | 1.1 | 1.1 | 0.1 | |
Depr. | 0.4 | 0.9 | 0.1 | |
PBT Ann. | 21.2 | 16 | 6.7 | |
Tax Ann. | 5.4 | 4.2 | 1.5 | |
| 15.8 | 11.8 | 5.2 | ||
Net Profit Ann. | 15.8 | 11.8 | 5.2 | |
NPM Ann. % | 7.32% | 6.90% | 11.89% | |
EPS Adj. latest Ann. | 8.3 | 6.2 | 2.7 |
Peshwa Wheat INFORMATION ON IPO ISSUE
About Peshwa Wheat
Peshwa Wheat was incorporated on September 13, 2017. The company processes wheat-based products such as atta, sortex wheat, broken wheat, besan and maize flour, with an integrated unit having an installed capacity of 56,100 MTPA. Its B2B products are marketed mainly across Madhya Pradesh, Maharashtra, Karnataka and Gujarat, supported by quality controls, FSSAI licences and ISO 22000:2018 certification
Object of the Issue
- Funding capital expenditure towards purchase of plant and machineries
- Funding capital expenditure towards civil construction
- Funding working capital requirements
- General corporate purposes
Peshwa Wheat - PROMOTERS
| Name |
|---|
| Rahat Ali Saiyed |
| Sadaf Saiyed |
| Shehnaj |
| Mo. Jed |
| Riyazuddin Qureshi |
Peshwa Wheat - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Rahat Ali Saiyed | Chairman & Managing Director |
| Sadaf Saiyed | Whole-Time Director |
| Shehnaj | Non-Executive Director |
| Aditya Sharma | Independent Director |
| Ruchika Gupta | Independent Director |
| Shiksha Sharma | Independent Director |
Peshwa Wheat Book Running Lead Manager
Finaax Capital Advisors Private Limited
info@finaaxcapital.com
Peshwa Wheat Registrar to the Offer
Maashitla Securities Private Limited
investor.ipo@maashitla.com
Peshwa Wheat Strengths
Integrated operations
The company operates an integrated processing model covering raw material procurement, cleaning, grading, milling, quality testing, packaging, storage and dispatch under one operational framework. This integration improves quality and production control, reduces dependence on intermediaries and third-party processing, lowers logistics costs and supports competitive pricing and margins
Quality & food safety
The company maintains high quality, food safety and hygiene standards across its operations through modern equipment, trained personnel and regular monitoring. Its testing infrastructure ensures that raw materials and finished products meet customer specifications and FSSAI requirements, supporting product reliability, customer trust and brand reputation
Strong procurement
The company has established procurement relationships with farmers, local aggregators, mandis and regional partners across major wheat-growing regions, supporting timely access to quality raw materials at competitive prices. Direct sourcing helps reduce intermediary costs, improve traceability and control key quality parameters such as moisture, grain size and impurities
Peshwa Wheat Risks
Storage & inventory risks
The company’s wheat, chana dal, maize kernels and flour products require controlled storage conditions to prevent spoilage, infestation, contamination and quality deterioration. Failures in temperature, moisture, ventilation, pest control or storage infrastructure could cause inventory losses, wastage, product recalls, higher costs, customer complaints and adversely affect its operations and financial performance
Quality risks
The company depends on consistent availability of quality wheat, chana and maize, whose quality can vary due to weather, farming practices, storage, pests, moisture and supply-chain handling. Inconsistent or contaminated raw materials could reduce processing efficiency and yields, increase wastage and costs, cause product rejections or recalls, affect customer relationships and adversely impact its business and financial performance
Supply chain & logistics risks
The company depends on an efficient supply chain for raw material procurement, storage, production and delivery, including third-party transporters over whom it has limited control. Weather events, supply shortages, transportation disruptions, labour issues, fuel costs or poor inventory planning could cause delays, higher costs, stockouts or excess inventory, adversely affecting its operations, customer relationships and financial performance
IPO FAQs
The promoters of the company are Rahat Ali Saiyed, Sadaf Saiyed, Shehnaj, Mo. Jed and Riyazuddin Qureshi.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 95.0 - 101.0.
The IPO application opens on Sep 24, 2026 and closes on Sep 28, 2026.
The minimum lot size for the IPO is 2400. The maximum lot size for the IPO is 2400.
For all category investors, the minimum application amount for this IPO is Rs. 228,000.0, the maximum value for this IPO is Rs 242,400.0.
This IPO will be allotted on Sep 29, 2026.
The refund will be credited to your account on Sep 30, 2026.
The allotted shares will be credited to your demat on Sep 30, 2026.
Peshwa Wheat Ltd.’s shares listed on the stock exchanges on Oct 01, 2026.
