Peshwa Wheat Ltd. company profile and business operations .

Company Overview & Core Business

• Incorporation: Founded in 2023, Peshwa Wheat Ltd. processes and supplies wheat and flour-based food products in bulk.
• Product Line: Atta (wheat flour), Sortex Wheat, Broken Wheat (Dalia), Besan (Gram Flour), and Maize Flour.
• Packaging & Eco-Friendly Model: Products are distributed primarily in 30 kg and 50 kg bags. Processing by-products, such as wheat bran, are repurposed into cattle feed, allowing the facility to maintain a zero-waste and zero-discharge operational framework.

Production Infrastructure & Distribution Reach

• Manufacturing Capacity: The company operates a fully integrated, automated processing unit in Indore, Madhya Pradesh, with an installed capacity of 56,100 MTPA.

• Geographic Focus & Network: Operates in the B2B segment across Madhya Pradesh, Maharashtra, Karnataka, and Gujarat. Distribution is managed through Super Stockists serving wholesalers and retailers, as well as direct institutional sales to bakeries, restaurants, and bulk buyers.

• Produce Trading: In addition to flour processing, the company trades in bulk agricultural commodities—primarily potatoes and tomatoes—within Madhya Pradesh.

• Workforce: Employs 24 permanent staff members as of March 31, 2026.

Core Competitive Strengths

1. Experienced promoter leadership and skilled management team.

2. End-to-end integrated processing operations with modern milling technology.

3. Strategic raw material procurement and a resilient supply chain.

4. Strict quality assurance, hygienic processing, and food safety standards.

COMPANY DRHP

Peshwa Wheat Limited SME IPO – Complete Structured Summary & Analysis

Here is the step-by-step breakdown of the Peshwa Wheat Limited SME IPO based on the Red Herring Prospectus (RHP) data.

1. IPO Overview & Key Milestones

Peshwa Wheat Limited is raising ₹53.52 Crore entirely through a fresh issue of 52,99,200 equity shares with a face value of ₹10 each. The issue will be listed on the BSE SME platform.

• IPO Subscription Window: Thu, Sep 24, 2026 – Mon, Sep 28, 2026

• Price Band: ₹95 to ₹101 per equity share

• Market Capitalization at Offer Price Cap: ₹192.18 Crore

• Allotment Finalization Date: Tue, Sep 29, 2026

• Initiation of Refunds & Demat Credit: Wed, Sep 30, 2026

• Tentative Listing Date: Thu, Oct 1, 2026

2. Category Bidding & Minimum Application Amounts

Retail investors are required to bid for a minimum of 2 lots (2,400 shares). High Net Worth Individuals (HNIs) must apply according to the lot slabs below (calculated at the upper price band cap of ₹101 per share):

3. Share Reservation Breakup

4. Corporate Profile & Operations

Incorporated in 2023, Peshwa Wheat Limited is engaged in the processing and bulk supply of wheat and flour-based commodities.

• Core Product Portfolio: Atta (wheat flour), Sortex Wheat, Broken Wheat (Dalia), Besan (Gram Flour), and Maize Flour.

• Zero-Waste Operations: Operational by-products, such as wheat bran, are processed and sold as cattle feed to maintain zero-discharge manufacturing.

• Infrastructure: Operates an integrated, automated flour processing plant in Indore, Madhya Pradesh, with an installed capacity of 56,100 MTPA.

• Distribution Reach: Focuses on B2B distribution across Madhya Pradesh, Maharashtra, Karnataka, and Gujarat via Super Stockists, as well as direct institutional sales to bakeries, restaurants, and wholesalers. Additionally trades in high-volume produce (potatoes and tomatoes).

5. Restated Financial Summary & Key Ratios

(All financial figures in ₹ Crore, except EPS and ratios)

Key Performance Indicators (KPIs – FY 2025-26):

• PAT Margin: 7.32%

• EBITDA Margin: 10.53%

• Return on Equity (ROE): 44.96%

• Return on Capital Employed (ROCE): 33.44%

• Debt to Equity Ratio: 0.55x

• Pre-IPO EPS: ₹11.51 | Post-IPO P/E Ratio: ~12.15x

• Net Asset Value (NAV): ₹31.37 | Price to Book Value (P/B): 3.22x

6. Utilization of Net Issue Proceeds

Net proceeds from the fresh issue (totaling ₹38.20 Crore directly allocated) will be used as follows:

1. Plant & Machinery Capital Expenditure: ₹6.69 Crore

2. Civil Infrastructure & Construction: ₹5.01 Crore

3. Working Capital Funding: ₹26.50 Crore

4. General Corporate Purposes: Balance allocation

7. Intermediaries & Lead Management

• Book Running Lead Manager (BRLM): Finaax Capital Advisors Private Limited

• Registrar to the Issue: Maashitla Securities Private Limited

  • Phone: +91-11-45121795

  • Email: investor.ipo@maashitla.com

• Market Maker: Bhansali Value Creations Private Limited

• Promoter Group: Rahat Ali Saiyed, Sadaf Saiyed, Shehnaj, Mo. Jed, and Riyazuddin Qureshi.