Q''T Foods IPO Price Fixed at Rs 115; Opens Aug 12

New Delhi, Aug 8 (PTI) Bakery products maker Q&T Foods Ltd has fixed the price at Rs 115 per share for its initial public offering which will open for subscription on August 12, a statement said on Saturday.

The Rs 26.24 crore IPO is entirely a fresh issue of 22,82,400 equity shares having a face value of Rs 10 each.

"The issue price has been fixed at Rs 115 per equity share and the total issue size is up to Rs 26.24 crore," the company, which manufactures savoury bakery products under the 'American Bakers' brand, said.

The fixed price IPO will close on August 14.


The company's shares will be listed on the BSE SME platform with tentative listing date of August 19, 2026.

The company proposes to utilise Rs 4.42 crore of the net proceeds towards installation of machineries at its existing plant, Rs 7.5 crore towards meeting working capital requirements, and Rs 6.75 crore towards repayment of loan.

"The proposed IPO is a significant milestone that will support capacity enhancement at our existing facility, strengthen our working capital and improve operational efficiency," Nishant Raj Gupta, Chairperson & Managing Director of Q&T Foods said.

For FY2026, the company reported revenue from operations of Rs 54.77 crore compared to Rs 46.83 crore in FY2025. Profit after tax was Rs 5.20 crore against Rs 2.73 crore.