Disclaimer: IPO details, GMP, subscription figures, and other related information are for informational purposes only and may not always be accurate or up to date. Please verify the latest details from official sources before investing.
Incorporated in August 2018, Q&T Foods Limited is a bakery products manufacturer engaged in the production, distribution, marketing, and sale of breads, buns, pizza bases, kulchas, pav, and other bakery products under its flagship brand “American Bakers”.
The company primarily operates in Uttar Pradesh and nearby regions, offering a diversified portfolio of bakery products including Milk Bread, White Bread, Brown Bread, Multigrain Bread, Burger Buns, Pav, Kulcha, and Pizza Bases. Its products are distributed through a network of 50+ dealers, catering to local consumers and retail outlets.
Q&T Foods manufactures all products at its ISO 22000:2018 and HACCP-certified manufacturing facility located in Ghaziabad, Uttar Pradesh, spread across 10,750 sq. ft. with an installed capacity of 9,472 TPA.
The company follows stringent quality control processes and procures key raw materials such as flour, sugar, yeast, oils, and additives from suppliers across Uttar Pradesh.
The company has demonstrated steady growth, with revenue from operations increasing from ₹36.85 crore in FY23 to ₹46.83 crore in FY25, supported by expanding distribution reach and operational efficiencies.
As of June 30, 2026, Q&T Foods employed 37 personnel across production, sales, quality control, administration, and support functions.
| Category | Shares Offered | Shares Applied | Subscription Times (x) |
|---|---|---|---|
| NII | 10,83,600 (50.00%) | 3,33,600 | 0.31 |
| Retail | 10,83,600 (50.00%) | 28,65,600 | 2.64 |
| Total | 21,67,200 (100.00%) | 31,99,200 | 1.48 |
| GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated Profit* | Last Updated |
|---|---|---|---|---|---|
| 17-08-2026 | ₹115 | ₹1 | ₹116 ( 0.87% ) | ₹1,200.00 | 17-Aug-2026 10:19 AM |
| 13-08-2026 | ₹115 | ₹10 | ₹125 ( 8.70% ) | ₹12,000.00 | 13-Aug-2026 10:35 AM |
| 12-08-2026 | ₹115 | ₹17 | ₹132 ( 14.78% ) | ₹20,400.00 | 12-Aug-2026 05:09 PM |
| 11-08-2026 | ₹115 | ₹15 | ₹130 ( 13.04% ) | ₹18,000.00 | 11-Aug-2026 10:19 AM |
A quick overview of the key financial performance of Q&T Foods Limited.
*All values are in Rs. Cr
Revenue increased by 17%, Profit after Tax (PAT) increased by 90%, Total Assets increased by 35% between FY2025 and FY2026.
| Period Ended | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Revenue | 40.22 | 46.83 | 54.78 |
| Assets | 14.34 | 19.68 | 26.57 |
| Total Income | 40.22 | 46.83 | 54.78 |
| Profit After Tax | 1.96 | 2.74 | 5.20 |
| EBITDA | 3.77 | 4.82 | 8.37 |
| Net Worth | 2.44 | 7.04 | 12.24 |
| Reserves & Surplus | 2.34 | 2.24 | 7.44 |
| Total Borrowings | 9.84 | 10.11 | 11.05 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Investors (IND) (Min) | 2 | 2,400 | ₹ 2,76,000 |
| Individual Investors (IND) (Max) | 2 | 2,400 | ₹ 2,76,000 |
| S-HNI (Min) | 3 | 3,600 | ₹ 4,14,000 |
| S-HNI (Max) | 7 | 8,400 | ₹ 9,66,000 |
| B-HNI (Min) | 8 | 9,600 | ₹ 11,04,000 |
| KPI | Latest |
|---|---|
| ROE (%) | 53.95 |
| ROCE (%) | 70.88 |
| Debt / Equity | 0.9 |
| RoNW (%) | 42.49 |
| PAT Margin (%) | 9.49 |
| EBITDA Margin (%) | 15.27 |
|
Pre IPO
Post IPO
|
|
| EPS (₹) |
10.84
7.35
|
| P/E (x) |
10.61
15.65
|
| Promoter Holding (%) |
89.45
60.61
|
| Market Cap | 55 |
