Peshwa Wheat IPO Details: Key Dates, Price Band & Investment Overview

By Wealthova | Last Updated: September 22, 2026

Peshwa Wheat Limited, an established player in the agricultural and food processing sector, is gearing up to make its primary market debut with an upcoming ₹53.52 Crore SME IPO. Operating a fully integrated processing facility in Indore, Madhya Pradesh, the company specializes in manufacturing high-quality wheat-based and allied products, including Atta (wheat flour), Sortex Wheat, Broken Wheat, Gram Flour (Besan), and Maize Flour. Operating a scalable B2B business model with a robust installed production capacity of 56,100 MTPA, Peshwa Wheat supplies its products through super stockists to wholesale networks across Madhya Pradesh, Maharashtra, Karnataka, and Gujarat. Notably, the company maintains a sustainable, zero-waste processing ecosystem by utilizing by-products like wheat bran for cattle feed. The subscription window for this book-built issue opens on September 24, 2026, and closes on September 28, 2026. The price band is set between ₹95 to ₹101 per equity share. The offering comprises entirely of a Fresh Issue of 52.99 lakh shares (aggregating to ₹53.52 Crore) with absolutely no Offer for Sale (OFS) component. Retail investors must apply for a minimum of 2 lots (2,400 shares), requiring an investment of ₹2,42,400 at the upper price band. The company plans to utilize the fresh capital primarily to fund working capital requirements (₹26.50 Crore), support capital expenditure for plant and machinery (₹6.69 Crore) and civil construction (₹5.01 Crore), and for general corporate purposes. Set to list on the BSE SME platform, market participants are closely watching this rapidly growing enterprise, backed by a strong FY26 total income of ₹215.96 Crore and a net profit of ₹15.81 Crore. Below, we break down the financial health, industry risk factors, and our honest Smart Market Insights to help you decide if you should subscribe to this issue!

Incorporated in 2023, Peshwa Wheat Limited is a rapidly scaling enterprise operating in the Indian agricultural and food processing sector. Based in Indore, Madhya Pradesh, the company specializes in manufacturing, milling, and distributing high-quality wheat-based products and allied flours, while also engaging in the regional trading of fresh agricultural produce.

The company’s core business operations and strategic advantages include:

• Diverse Product Portfolio: Peshwa Wheat manufactures a wide range of staple food products, including Atta (wheat flour), Sortex Wheat, Broken Wheat, Gram Flour (Besan), and Maize Flour. Additionally, the company is involved in the trading of regional agricultural commodities, specifically potatoes and tomatoes, across Madhya Pradesh.
• Robust B2B Distribution Network: Operating predominantly on a Business-to-Business (B2B) model, the company supplies its products through a network of super stockists who distribute to wholesalers and retailers. Peshwa Wheat also supplies directly to large institutional bulk customers, including restaurants, bakeries, and large-scale wholesalers across key states like Madhya Pradesh, Maharashtra, Karnataka, and Gujarat.
• High-Capacity Manufacturing Infrastructure: The company operates a fully integrated flour manufacturing plant in Indore with a robust installed production capacity of 56,100 Metric Tonnes Per Annum (MTPA). Demonstrating strong operational efficiency, the plant currently runs at an impressive 90.10% capacity utilization rate.
• Sustainable, Zero-Waste Operations: Emphasizing environmentally conscious manufacturing, Peshwa Wheat operates a zero-waste and zero-discharge model. By-products generated during the wheat milling and processing cycle, such as wheat bran, are efficiently repurposed and sold as highly nutritious cattle feed.

The Peshwa Wheat IPO comprises entirely of a ₹53.52 Crore Fresh Issue, meaning all proceeds (excluding issue-related expenses) will go directly into the company’s accounts to fund its expansion rather than to existing selling shareholders. The net proceeds will be deployed toward the following primary objectives:

• Funding Working Capital Requirements: The largest portion of the IPO proceeds, amounting to ₹26.50 Crore, is strictly earmarked to meet the company's escalating working capital needs. As the business plans to expand its grain processing volume, this capital will fund the purchase of raw agricultural inventory and manage extended debtor cycles.
• Capital Expenditure (Plant & Machinery): To support its plan of setting up a highly automated roller flour mill and a chakki whole wheat atta mill, the company will utilize ₹6.69 Crore directly toward the purchase and installation of new plant and machinery.
• Capital Expenditure (Civil Construction): In tandem with machinery upgrades, the company has allocated ₹5.01 Crore to fund the civil construction and structural development of its existing manufacturing unit in Indore.
• General Corporate Purposes: The remaining balance of the fresh issue proceeds will be utilized for general corporate requirements, providing a liquidity buffer for day-to-day administrative operations and future business development initiatives.