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PNN
Ghaziabad (Uttar Pradesh) [India], August 8: Q&T Foods Limited ("Company"), a Ghaziabad-based manufacturer and distributor of savoury bakery products under its flagship 'American Bakers' brand, announced the opening of its Initial Public Offering (IPO). The Issue will open for subscription on Wednesday, August 12, 2026, and will close on Friday, August 14, 2026. The Company is proposed to be listed on the BSE SME platform. The Issue Price has been fixed at Rs. 115 per equity share and the total Issue Size is up to Rs. 26.24 crore. - FY26 Revenue from Operations stood at Rs. 54.78 crore; PAT grew 90.11% YoY to Rs. 5.20 crore - IPO opens on August 12, 2026 and closes on August 14, 2026; application lot size fixed at 2,400 equity shares - Proceeds to strengthen manufacturing capabilities through installation of machineries, working capital support and loan repayment The IPO comprises a fresh issue of 22,82,400 equity shares of face value Rs. 10 each through the fixed price issue. The application lot size is 2400 equity shares in multiples of 1,200 equity shares thereafter. The Issue includes a Market Maker Reservation of 1,15,200 equity shares, while the Net Issue to the Public is 21,67,200 equity shares. There is no Offer for Sale. Corporate Makers Capital Limited is the Lead Manager to the Issue, while Skyline Financial Services Private Limited is the Registrar to the Issue. The Company proposes to utilise 16.85% of the net proceeds aggregating to Rs. 442.21 lakh towards installation of machinery at its existing plant, 28.57% amounting to Rs. 750.00 lakh towards meeting working capital requirements, and 25.72% amounting to Rs. 675.00 lakh towards repayment of loan. Further, 14.93% of the proceeds aggregating to Rs. 391.94 lakh will be utilised towards general corporate purposes, while the remaining 13.93% amounting to Rs. 365.62 lakh will be used towards issue-related expenses. Mr. Nishant Raj Gupta, Chairperson & Managing Director of Q&T Foods Limited, said, "Our journey has been centred on delivering quality bakery products while continuously strengthening our manufacturing capabilities and expanding our market presence. The proposed IPO is a significant milestone that will support capacity enhancement at our existing facility, strengthen our working capital and improve operational efficiency. We believe these initiatives will enable us to cater to the growing demand for packaged bakery products and create sustainable value for all our stakeholders." Q&T Foods has demonstrated consistent financial growth over the last three financial years, driven by steady demand for its bakery products and operational execution. For FY2026, the Company reported revenue from operations of Rs. 5,477.63 lakh, compared to Rs. 4,683.07 lakh in FY2025. Profit After Tax (PAT) witnessed a robust increase of 90.11% to Rs. 520.03 lakh in FY2026 from Rs. 273.55 lakh in the previous fiscal, while Profit Before Tax (PBT) rose to Rs. 694.93 lakh from Rs. 369.26 lakh, reflecting the Company's improving profitability and disciplined cost management. Established in 2018, Q&T Foods Limited manufactures, distributes, markets and sells breads, buns, pizza bases, kulcha and other bakery products under its flagship 'American Bakers' brand. The Company operates an ISO 22000:2018 and HACCP-certified manufacturing facility in Ghaziabad and markets its products through a dealer-led network of over 50 dealers. With the proposed capacity expansion and a continued focus on operational excellence, the Company is well-positioned to capitalise on the growing demand for packaged bakery products and drive its next phase of growth. About Q&T Foods Limited Q&T Foods Limited is a Ghaziabad-based manufacturer and distributor of savoury bakery products, engaged in manufacturing, distributing, marketing and selling breads, buns, pizza bases, kulcha and other bakery products under its flagship 'American Bakers' brand. Incorporated in 2018, the Company operates an ISO 22000:2018 and HACCP-certified manufacturing facility in Dasna, Ghaziabad, and markets its products through a dealer-led network of over 50 dealers. With a focus on quality, operational excellence and expanding manufacturing capabilities, Q&T Foods is well-positioned to cater to the growing demand for packaged bakery products in India. (ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same.)
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