Abram Food Limited IPO
Incorporation
Abram Food Limited, originally incorporated as Sharda Edible Products Private Limited in 2009, has evolved into a leading FMCG player specializing in staple food processing. After multiple name changes and corporate restructuring, the company became a public limited entity in July 2024. Headquartered in Alwar, Rajasthan, Abram Food operates under its flagship brand “Kherliwala”, which is well-recognized in northern India.
Business Activities
The company is engaged in the manufacturing and trading of Chana Dal, Besan, Wheat Flour (Atta), Multi-Grain Atta, Spices, Edible Oils (mustard, soybean, til), and Cattle Feed (Khal). It also processes by-products like Chana Churi and Chana Chilka to optimize resource utilization and improve margins. All products are marketed in both branded retail packs and bulk quantities (30–50 kg) across Rajasthan, Delhi-NCR, and Uttar Pradesh.
Manufacturing Capability
Abram Food operates from a modern facility located in Matsya Industrial Area, Alwar, spanning 3,000 sq. mtr. The plant is equipped with machinery for cleaning, drying, grinding, and packaging, ensuring product quality is maintained without artificial preservatives. Items like Besan, Spices, Atta, and Dal are manufactured in-house, while others like Sooji, Maida, and oils are processed and packaged under the company’s brand.
Distribution & Reach
The company has built a strong distribution network across Rajasthan and Delhi-NCR, supplying products through retailers and its own website. Its deep understanding of local taste preferences has helped build customer loyalty and expand product penetration.
Conclusion
With a focus on quality, backward integration, and efficient distribution, Abram Food Limited is poised for further growth. Its customer-centric approach, coupled with a robust manufacturing setup and consistent financial performance, positions it as a promising mid-sized player in India’s organized food processing sector.
Objects of the Abram Food Limited IPO:
Abram Food Limited IPO Details:
Open Date: | Jun 24 2025 |
Close Date: | Jun 26 2025 |
Total Shares: | 13,56,000 |
Face Value: | ₹ 10 Per Equity Share |
Issue Size: | 13.29 Cr. |
Lot Size: | 1200 Shares |
Issue Price: | ₹ 98 Per Equity Share |
Listing At: | BSE SME |
Promoters And Management:
Financials of Abram Food Limited IPO:
Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 |
Revenue from Operations | 64.04 | 36.01 | 33.16 |
EBITDA | 5.07 | 1.95 | 1.02 |
EBITDA Margins | 7.92% | 5.43% | 3.10% |
PAT | 3.25 | 1.01 | 0.48 |
PAT Margins | 5.08% | 2.83% | 1.46% |
ROCE | 56.02% | 45.73% | 29.09% |
Operating Cash Flows | -0.67 | -0.78 | -0.83 |
Comparison With Peers:
Companies | Revenue | EBITDA Margins | PAT Margins | D/E Ratio | MCap | P/E |
Abram Food (FY 2024) | 64.04 Cr. | 7.92% | 5.08% | 0.85 | 50.51 Cr. | 15.54 |
HOAC Food India (FY 2025) | 26.48 Cr. | 15.52% | 9.44% | 0.39 | 83.40 Cr. | 33.40 |
Contil India (FY 2025) | 32.57 | 8.23% | 7.76% | 0.00 | 41.90 Cr. | 16.60 |
Jetmall Spices and Masala (FY 2025) | 0.74 | -105.41% | -100% | 0.00 | 7.80 Cr. | In loss |
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