Q&T Foods IPO Details: Key Dates, Price Band & Investment Overview

By Wealthova | Last Updated: August 11, 2026

Q&T Foods Limited is gearing up to make its primary market debut with an upcoming ₹26.25 Crore SME IPO. Operating as a regional bakery products manufacturer, the company produces and distributes breads, buns, pizza bases, and pavs under its popular flagship brand ‘American Bakers’. The subscription window for this fixed-price issue opens on August 12 and closes on August 14, 2026. The issue price is fixed at ₹115 per equity share, consisting entirely of a ₹26.25 Crore fresh issue with no Offer for Sale (OFS) component. The company plans to utilize the fresh capital to fund capital expenditure for existing manufacturing machinery, support working capital requirements, and repay outstanding borrowings. Set to list exclusively on the BSE SME platform, market participants are closely watching this emerging regional FMCG stock. Below, we break down the financial health, risk factors, and our honest Smart Market Insights to help you decide if you should subscribe to this issue!



Q&T Foods IPO Details

Quick IPO Factsheet

Bidding Opens

August 12, 2026

Bidding Closes

August 14, 2026

Issue Price

₹115 Fixed Price

Lot Size

1,200 Shares

(Min. 2 Lots for Retail)
Total Issue Size

₹26.25 Cr

Fresh Issue Size

₹26.25 Cr

Retail Category

50% Allocation

Face Value

₹10 Base

Market Structure

BSE SME




Q&T Foods IPO Timeline

IPO Open Date August 12, 2026
IPO Close Date August 14, 2026
Basis of Allotment August 17, 2026
Initiation of Refunds August 18, 2026
Credit to Demat Account August 18, 2026
BSE SME Listing Date August 19, 2026



Deep-Dive Corporate Profile: What the Company Does?

Incorporated in August 2018, Q&T Foods Limited is a fast-growing regional food processing company specializing in the FMCG bakery sector.

  • Flagship Brand & Product Portfolio: The company operates under the popular consumer brand "American Bakers". Their core focus is on daily-consumption savory bakery items, including Milk Bread, White Bread, Brown Bread, Multigrain Bread, Burger Buns, Pav, Kulchas, and Pizza Bases.
  • Manufacturing & Quality Standards: All production takes place at a single, centralized 10,750 sq. ft. in-house manufacturing facility located in Ghaziabad, Uttar Pradesh. The company prioritizes stringent food safety, holding both ISO 22000:2018 and HACCP certifications.
  • Capacity & Efficiency: The Ghaziabad plant currently has an installed production capacity of 9,472 Tonnes Per Annum (TPA). Demonstrating strong operational efficiency, the facility is currently running at a high capacity utilization rate of 91.33%.
  • Supply Chain & Distribution: Q&T Foods sources key raw materials (flour, sugar, yeast, oils, and salt) from local suppliers within Uttar Pradesh. The finished bakery products are then distributed across the region through a well-established network of over 50 dedicated dealers.
  • Promoter Backing: The company is guided by its core promoters: Nishant Raj Gupta, Khushbu Varshney, Usha Gupta, and Rakesh Gupta.


Why is the Company Raising Funds? (Objects of the Issue)

Because the Q&T Foods IPO is entirely a ₹26.25 Crore fresh issue, 100% of the funds raised will go directly into the company's accounts to fuel its next phase of expansion.

The company has outlined the following strategic objectives for the IPO proceeds:

  • Capital Expenditure (Capex) for Automation: A major portion of the capital will be used to purchase new, advanced equipment and machinery for the existing Ghaziabad facility. This automation upgrade aims to significantly lift their production capacity from 9,472 TPA to 15,128 TPA, allowing them to scale output, improve consistency, and meet rising regional demand.
  • Debt Repayment & Margin Improvement: Approximately ₹6.75 Crore is earmarked for the full or partial repayment/pre-payment of certain outstanding company borrowings. Clearing this debt will reduce their interest burden, thereby improving their bottom-line profitability.
  • Funding Working Capital: To maintain smooth day-to-day operations, secure bulk raw materials, and support their growing dealer network, a portion of the funds will be utilized to meet incremental working capital requirements.
  • General Corporate Purposes: Roughly ₹3.92 Crore will be deployed for general corporate initiatives, which may include brand building, marketing, and covering unforeseen business contingencies.

💼 Working Capital 33.20%
💳 Debt Repayment 29.88%
🏗️ Capital Expenditure 19.57%
🏛️ General Corporate 17.35%



Company Financials

*All amounts are in ₹ Crores
📅 Period Ended 📈 Revenue 💼 Net Worth 💰 PAT 🏦 Assets
FY 2024 (Mar '24) ₹40.22 ₹2.44 ₹1.96 ₹14.34
FY 2025 (Mar '25) ₹46.83 ₹7.04 ₹2.74 ₹19.68
FY 2026 (Mar '26) ₹54.78 ₹12.24 ₹5.20 ₹26.57



Q&T Foods IPO Key Performance Indicators (KPIs)

Financial KPI (FY2026)* Value
Return on Equity (ROE) 53.95%
Return on Capital Employed (ROCE) 70.88%
EBITDA Margin 15.27%
PAT Margin 9.49%
Debt to Equity Ratio 0.90
Earnings Per Share (EPS) ₹10.84 (Pre-Issue)
Price/Earning (P/E) Ratio 15.65x (Post-Issue)



Promoters & Shareholding Pattern

Shareholder Category Pre-IPO Holding Post-IPO Holding
Promoter & Promoter Group 91.28% 61.85%
Public / Institutional / Others 8.72% 38.15%

Smart Market Insights: Q&T Foods Limited is promoted by Nishant Raj Gupta, Khushbu Varshney, Usha Gupta, and Rakesh Gupta. Post-issue, the promoter group will retain a strong majority holding of 61.85%, ensuring their continued commitment and aligned interest in the company's growth. The issue is a 100% fresh issue with no Offer for Sale (OFS), meaning promoters are not offloading their stakes to the public.

Industry Peer Comparison

Company Name Revenue (₹ Cr) EPS (₹) P/E Ratio NAV (₹)
Q&T Foods Limited ₹54.78 ₹10.84 15.65x ₹25.52
Mrs. Bectors Food Specialities ₹1,899.37 ₹3.87 54.37x ₹38.29



💡

Smart Market Insights

Wealthova Verdict: SUBSCRIBE (FOR RISK-TOLERANT SME INVESTORS)

Q&T Foods Limited presents a highly profitable and growing regional FMCG story under its popular 'American Bakers' brand. Unlike many overvalued SME startups, this is a fundamentally sound business with impressive top-line growth (₹54.78 Crore in FY26) and a surging bottom line (PAT of ₹5.20 Crore). The company boasts exceptional return metrics, including a massive 53.95% ROE and 70.88% ROCE. At a post-issue P/E of 15.65x, the issue appears attractively priced, especially when compared to listed industry peers like Mrs. Bectors trading at a much steeper premium. Given the tangible capacity expansion plans and debt reduction strategies outlined in the RHP, this SME issue offers a compelling value proposition for risk-tolerant investors looking for regional FMCG exposure.

  • The Bull Case: Fundamentally robust financials with a post-issue P/E of 15.65x, making it attractively valued against industry peers. The ₹26.25 Crore fresh issue will directly fund tangible growth—automating and expanding their Ghaziabad facility's capacity from 9,472 TPA to 15,128 TPA—while simultaneously retiring ₹6.75 Crore in debt to further boost bottom-line margins.
  • The Bear Case: High geographical concentration risk, as revenues are heavily dependent on Uttar Pradesh and neighboring markets. The bakery business faces inherent risks of raw material inflation (flour, sugar, oil) and perishable inventory with short shelf lives. Furthermore, as an SME issue with a minimum retail investment of ₹2,76,000 (mandated 2 lots), it carries the standard risks of lower trading liquidity and severe post-listing price volatility.

Disclaimer: The information provided above is for educational and informational purposes only and does not constitute financial advice. Initial Public Offerings (IPOs), particularly SME platform issues, carry high market risks, illiquidity, and extreme volatility. Wealthova is not a SEBI-registered investment advisor. Always consult with a certified financial planner and conduct your own due diligence before locking up capital in any public issue.



Q&T Foods IPO Key Contacts & Advisors

Role / Entity Contact & Details
📋 IPO Registrar Skyline Financial Services Private Limited

D-153A, 1st Floor, Okhla Industrial Area, Phase-I, New Delhi- 110020

Website: skylinerta.com
🏢 Company Contact Q&T Foods Limited

1/361, SF, Vaishali, Ghaziabad, Uttar Pradesh-201010

Website: qtfoods.in
💼 Merchant Banker Corporate Makers Capital Limited

611, 6th Floor, Pragati Tower, Rajendra Place, New Delhi- 110008



Frequently Asked Questions (FAQs)

What are the opening and closing dates for the Q&T Foods IPO?
The Q&T Foods IPO opens for subscription on August 12, 2026, and closes on August 14, 2026. The basis of allotment will be finalized on August 17, 2026, with the official stock market listing scheduled for August 19, 2026.
What is the minimum lot size and investment required for retail investors?
Retail investors are required to apply for a minimum of 2 lots (2,400 shares). At the fixed issue price of ₹115 per share, the minimum investment required is ₹2,76,000.
How can I check the allotment status for the Q&T Foods IPO?
You can check your Q&T Foods IPO allotment status online starting August 17, 2026, using any of the following methods:
  1. Wealthova (Recommended): Check directly on the Wealthova IPO Allotment Status Hub using your PAN Card number or Application Number for instant results.
  2. Official Registrar Portal: Visit the official portal of Skyline Financial Services Private Limited.
  3. Stock Exchange Web Portals: Verify directly on the official BSE SME allotment verification page.
Where will the Q&T Foods IPO be listed?
Q&T Foods is an SME public issue, and the equity shares will be listed exclusively on the BSE SME platform on August 19, 2026.
What is the total issue size and price for the IPO?
The total issue size is ₹26.25 Crores, which consists entirely of a Fresh Issue with no Offer for Sale (OFS). The issue is a fixed-price IPO set at ₹115 per equity share.
Who is the registrar and lead manager for this public issue?
Skyline Financial Services Private Limited is acting as the official IPO Registrar, while Corporate Makers Capital Limited is the designated Lead Manager handling the issue.