Live Breaking News & Updates on 000 Equity Shares Non Institutional Investors Nii Up To 11

PNN Mumbai (Maharashtra) [India], October 31: Baba Food Processing (India) Limited, a food processing company renowned for its high-quality Whole Wheat Atta, Refined Flour, Tandoori Atta, and Semolina flour, has announced its plans to go public with an Initial Public Offering on 03rd November, 2023. The company is aiming to raise Rs 32.88 Crore on upper band price through this IPO, with shares set to be listed on the NSE EMERGE platform. The issue size is Up to 43,26,400 equity shares at face value of Rs 10 each. Equity Share Allocation Qualified Institutional Buyers (QIB) - Up To 80,000 Equity Shares Non-Institutional Investors (NII) - Up To 11,93,600 Equity Shares Retail Individual Investors (RII) - Up To 28,35,200 Equity Shares Market Maker - 2,17,600 Equity Shares The net proceeds from the IPO will be utilized to invest in Panchakanya Foods Private Limited, a wholly owned subsidiary, for setting up a manufacturing unit in Patna, Bihar, comprising an ultra-modern highly auto ....

New Jersey , United States , New York , Health Corp , Walgreens Boots Alliance , Civil Aviation Administration Of China , Civil Aviation Administration , Pnn Mumbai Maharashtra India , Ctober 31 Baba Food Processing India Limited , A Food Processing Company Renowned For Its High Quality Whole Wheat Atta , Refined Flour , Tandoori Atta , Nd Semolina Flour , As Announced Its Plans To Go Public With An Initial Offering On 03rd November , 023 The Company Is Aiming To Raise Rs 32 88 Crore On Upper Band Price Through This Ipo , Ith Shares Set To Be Listed On The Nse Emerge Platform Issue Size Is Up 43 , 400 Equity Shares At Face Value Of Rs 10 Each Share Allocation Qualified Institutional Buyers Qib Up To 80 , 000 Equity Shares Non Institutional Investors Nii Up To 11 , 600 Equity Shares Retail Individual Investors Rii Up To 28 , 200 Equity Shares Market Maker 2 , 600 Equity Shares The Net Proceeds From Ipo Will Be Utilized To Invest In Panchakanya Foods Private Limited , A Wholly Owned Subsidiary , Or Setting Upa Manufacturing Unit In Patna , Omprising An Ultra Modern Highly Automated Roller Flour Mill And Chakki Whole Wheat Atta , Unding The Purchase Of Machinery For Manufacturing Chickpea Flour Besan And Roasted Gram Sattu In Existing Unit Ranchi , Unding The Working Capital Requirements Of Company ,