Q&T Foods IPO
Q&T Foods LtdSME
This IPO has listed.
- Open date
- 12 Aug 2026
- Close date
- 14 Aug 2026
- Min. Investment
- ₹2,76,000
- Lot Size
- -
- Fresh Issue
- ₹26.23 Cr
- Price Range
- -
- Face Value
- -
- IPO Document
- -
Subscription rate
- Qualified Institutional Buyers0.00x
- Non-Institutional Investors0.00x
- Retail-Individual Investors0.00x
- Total0.00x
Schedule
- Completed: IPO open date12 Aug 2026
- Completed: IPO close date14 Aug 2026
- Completed: Allotment date17 Aug 2026
- Completed: Funds unblock or debit18 Aug 2026
- Completed: Tentative listing date19 Aug 2026
About
Promoter shareholding in Q&T Foods Ltd, before and after the issue.
| Promoter | Pre-issue shares | Pre-issue % | Post-issue shares | Post-issue % |
|---|---|---|---|---|
| Nishant Raj Gupta | 22,44,000 | 46.79% | 22,44,000 | 31.70% |
| Khushbu Varshney | 3,52,000 | 7.34% | 3,52,000 | 4.97% |
| Usha Gupta | 10,78,000 | 22.48% | 10,78,000 | 15.23% |
| Rakesh Gupta | 6,16,000 | 12.84% | 6,16,000 | 8.70% |
| Roopali Gupta | 88,000 | 1.83% | 88,000 | 1.24% |
Q&T Foods IPO Strengths & Risks
- Leveraging the experience of our Promoter and employees.
- In-house manufacturing facility supported by technology driven process.
- Extensive and well-developed sales and distribution network.
- Long-standing relationship with our dealers.
- Focus on Quality and Timely Delivery.
- Risks Relating to the Business: There are outstanding litigation proceedings involving the Company, its Promoters, an adverse outcome in which, may have an adverse impact on the company's reputation, business, financial condition, results of operations and cash flows.
- Risks Relating to the Business: There are certain instances of delays in payment of statutory dues. Any delay in payment of statutory dues or non-payment of statutory dues in dispute may attract financial penalties from the respective government authorities, which may have an adverse impact on the company's financial condition and cash flows.
- Risks Relating to the Business: Manufacturing facility of the Company is located on leased premises. If the company is unable to renew such lease agreements or relocate on commercially suitable terms, it may have a material adverse effect on the company's business, results of operations and financial condition.
- Risks Relating to the Business: The company's revenue has been significantly dependent on few customers and its inability to maintain such business may have an adverse effect on the company's results of operations.
- Risks Relating to the Business: There has been increase in the company's inventory in past years and its inability to accurately forecast demand for the company's products, and accordingly manage its inventory, may have an adverse effect on the company's business, cash flows, financial condition and results of operations.
- Risks Relating to the Business: The company has experienced negative cash flows and any negative cash flows in the future could adversely affect its financial conditions and results of operations.
- Risks Relating to the Business: The Company's application for registration of the trademark "AMERICAN BAKERS", under which its products are marketed, has been opposed by a third party. Any adverse outcome of the pending trademark opposition proceedings may adversely affect the company's business, brand recognition, reputation and results of operations.
- Risks Relating to the Business: The company's business operations are majorly concentrated in the state of Uttar Pradesh and Haryana any adverse developments affecting its operations in these regions could have a significant impact on the company's revenue and results of operations.
- Risks Relating to the Business: Majority of the company's revenue from operations is attributable to Breads. Any adverse developments affecting its operations of bread could have an adverse impact on the company's revenue and results of operations.
- Risks Relating to the Business: Its brand name using by the Company is not yet registered. Any non registration may impact its brand image and overall business of the Company.
- Risks Relating to the Business: The Company's business involves the processing and sale of breads, buns and other bakery items. Any contamination or adulteration of these products could lead to product liability claims, regulatory actions, or reputational damage.
- Risks Relating to the Business: The company's business operations requires maintaining substantial inventory levels, which exposes it to significant financial losses due to the perishable nature of the company's products and raw materials, and accordingly any mismanagement of its inventory, may have an adverse effect on the company's business, cash flows, financial condition and results of operations.
- Risks Relating to the Business: There have been certain insufficient/failed payments by the Company resulting in pending litigation proceedings against it which, if decided adversely, could severely impact its financial position and business operations.
- Risks Relating to the Business: Changes in Statutory Auditors:
- Risks Relating to the Business: The company requires certain approvals, licenses, registrations and permits to operates its business, and failures to obtain or renew them in a timely manner or maintain the statutory and regulatory permits and approvals required to operates the company's business may adversely affect its operations and financial conditions.
- Risks Relating to the Business: Volatility in the supply and pricing of the company's raw materials, or failures by suppliers to meet their obligations, may have an adverse effect on its business, cash flows, financial condition and results of operations.
- Risks Relating to the Business: Certain audit reports and financial statements issued by the company's erstwhile statutory auditor in the past does not contain the Unique Document Identification Number (UDIN) as prescribed under the guidelines of Institute of Chartered Accountants of India ("ICAI").
- Risks Relating to the Business: The company's inability to anticipate, respond to and meet the tastes, preferences or consistent quality requirements of its consumers or the company's inability to accurately predict and successfully adapt to changes in market demand or consumer preference could reduce demand for its products, affect the company's brand loyalty and impact its sales.
- Risks Relating to the Business: Any Failures to maintain consistent product quality standards in the company's raw materials and finished products may lead to negative publicity which may adversely affect its reputation, customer relationships, and business and results of operations.
- Risks Relating to the Business: The company's business is dependent on its Manufacturing Facility. Any shutdown of operations of the company's Manufacturing Facility may have an adverse effect on its business and results of operations.
- Risks Relating to the Business: Delays in Filing with Registrar of Companies, non-filing, or partial compliance with the requirements of certain statutory authorities and applicable regulatory provisions. Any penalty or action taken by any regulatory authorizes in future for non-compliance with provisions of corporate and other law could impact the financial position of the Company to that extent.
- Risks Relating to the Business: The Company does not have complete information regarding the MSME registration status of all its suppliers. Consequently, any liability towards interest, if applicable, under the Micro, Small and Medium Enterprises Development Act, 2006, cannot presently be ascertained, which may adversely affect the company's financial condition and results of operations.
- Risks Relating to the Business: The company's inability to accurately forecast demand for its products, and accordingly manage the company's inventory, may have an adverse effect on its business, cash flows, financial condition and results of operations.
- Risks Relating to the Business: The company is exposed to consumer complaints and potential litigation due to the nature of its products. Any consumer complaints and potential litigation due to the nature of the company's products may adversely affect its brand, reputation in the market and any penalty or action taken by any regulatory authorizes in this respect could impact the financial position of the Company to that extent.
- Risks Relating to the Business: In the event of any accident at its Manufacturing Facility, the Company may be held liable for damages and penalties which may impact the financials of the Company.
- Risks Relating to the Business: The Company does not have any formal contracts with suppliers and disruption in the supply of raw materials may adversely affect its results of operations.
- Risks Relating to the Business: The company sells its Bread and other bakery products through various dealers and any inability to expand or effectively manage the company's growing distribution and sales network may have an adverse effect on its business, results of operations and financial condition.
- Risks Relating to the Business: The bakery product industry is competitive and the company's inability to compete effectively may adversely affect its business, results of operations, financial condition and cash flows.
- Risks Relating to the Business: Under-utilization of the company's manufacturing capacities and an inability to effectively utilize its expanded manufacturing capacities could have an adverse effect on the company's business, future prospects and future financial performance.
- Risks Relating to the Business: Inventories and trade receivables form a major part of the company's current assets. Failures to manage the company's inventory and trade receivables could have an adverse effect on its sales, profitability, cash flow and liquidity.
- Risks Relating to the Business: The company's business is dependent upon accurate demand forecasting and efficient distribution of its bakery products, which are perishable in nature and have limited shelf life. Any mismatch between production and market demand may result in inventory losses, product returns and adversely affect the company's business, financial condition and results of operations.
- Risks Relating to the Business: The company could be harmed by employee misconduct or errors that are difficult to detect and any such incidences could adversely affect its financial condition, results of operations and reputation.
- Risks Relating to the Business: Fraud, theft, employee negligence or similar incidents may adversely affect the company's results of operations and financial condition.
- Risks Relating to the Business: The Company is dependent on third party transportation providers for the delivery of its input materials and products and any disruption in their operations or a decrease in the quality of their services could affect the Company's reputation and results of operations.
- Risks Relating to the Business: The company is heavily dependent on its Promoters, Key Managerial Personnel and Senior Management for the continued success of the company's business through their continuing services and strategic guidance and support, the loss of any of the Promoter, KMP, SMP may adversely affect its business operations and financial results.
- Risks Relating to the Business: The company's proposed capacity expansion plans relating to its manufacturing facility is subject to the risk of unanticipated delays in implementation and cost overruns. Non utilisation of Capacity may impact its business revenue and financial position of the Company.
- Risks Relating to the Business: The Company may not be successful in penetrating new geographical markets and expanding in any new geographical regions may lead to additional risks associated with establishing and conducting operations which may adversely affect its business operations and financial results.
- Risks Relating to the Business: The company's results of operations and cash flows could be adversely affected, if the company is unable to collect its dues and receivables from, or invoice the company's unbilled services to, its clients.
- Risks Relating to the Business: The company has entered into and may continue to enter into related party transactions and there can be no assurance that such transactions have been on favourable terms.
- Risks Relating to the Business: Failures to effectively manage labour or failures to ensure availability of sufficient labour could affect the business operations of the Company.
- Risks Relating to the Business: The average cost of acquisition of Equity Shares by the company's Promoter may be less than the Issue Price.
- Risks Relating to the Business: The company's lenders has charge over its movable properties in respect of finance availed by it. Any delay or default in repayment may lead to forfeiture of property by the lender and it may adversely affect on business, financial condition or results of operations.
- Risks Relating to the Business: The Company has unsecured loans which is repayable on demand. Any demand loan from lenders for repayment of such unsecured loans, may adversely affect the company's cash flows.
- Risks Relating to the Business: The company is subject to the restrictive covenants of banks in respect of the Loans/Credit Limits and other banking facilities availed from them.
- Risks Relating to the Business: The company's Promoters has extended mortgage over their properties along with personal guarantees with respect to various loan facilities availed by the Company. Revocation of any or all of these personal guarantees may adversely affect its business operations and financial condition.
- Risks Relating to the Business: The company's Promoters will continue to retain significant control in the Company after the Issue which will allow them to influence the outcome of matters submitted to shareholders for approval. Such a concentration of ownership may also have the effect of delaying, preventing or deterring a change in control.
- Risks Relating to the Business: Information relating to the company's production capacities and the historical capacity utilization of its production facilities included in this Prospectus is based on certain assumptions and has been subjected to rounding off, and future production and capacity utilization may vary.
- Risks Relating to the Business: If the company fails to maintain and enhance its brand and reputation, the company's clients recognition of, and trust in the company, and its business may be materially and adversely affected.
- Risks Relating to the Business: Changes in technology may render the company's current technologies obsolete or requires it to make substantial investments. Inability to adopt emerging technologies could adversely affect its market position.
- Risks Relating to the Business: Negative publicity could adversely affect the company's revenue model and profitability of the Company.
- Risks Relating to the Business: If the company is unable to source business opportunities effectively, its may not achieve its financial objectives.
- Risks Relating to the Business: The Company requires significant amounts of working capital for a continued growth. Its inability to meet the company's working capital requirements may have an adverse effect on its results of operations.
- Risks Relating to the Business: Any delay or default/bad debts in payment from the company's dealers could result in the reduction of its profits and affect the company's cash flows.
- Risks Relating to the Business: The company's Promoters, Directors and Key Management Personnel or Senior Management have interest in the Company, other than reimbursement of expenses incurred or remuneration.
- Risks Relating to the Business: The company intends to utilise a portion of the Net Proceeds for funding its capital expenditure requirements. The company is yet to place orders for such capital expenditure machinery.
- Risks Relating to the Business: The company's insurance coverage may not adequately protect it against certain operating risks and this may have an adverse effect on the results of its business.
- Risks Relating to the Business: The company has not made any dividend payments in the past and its ability to pay dividends in the future will depends upon future earnings, financial condition, cash flows, working capital requirements, capital expenditures and restrictive covenants in the company's financing arrangements.
- Risks Relating to the Business: If the company is unable to manage its growth effectively or if the company's estimates or assumptions used in developing its strategic plan are inaccurate or the company is unable to execute its strategic plan effectively, the company's business and prospects may be materially and adversely affected.
- Risks Relating to the Business: Certain key performance indicators of listed industry peers included in this Prospectus have been sourced from public sources and there is no assurance that such financial and other industry information is complete.
- Risks Relating to the Business: There is no monitoring agency appointed by the Company and the deployment of funds are at the discretion of its Management and the company's Board of Directors, though it shall be monitored by the Audit Committee.
- Risks Relating to the Business: The company has not identified any alternate source of funding and hence any failures or delay on its part to mobilize the required resources or any shortfall in the Issue proceeds may delay the implementation schedule.
- Risks Relating to the Business: The Objects of the Issue for which funds are being raised, are based on the company's management estimates and any bank or financial institution or any independent agency has not appraised the same. The deployment of funds in the project is entirely at its discretion, based on the parameters as mentioned in the chapter titled "Objects of the Issue".
- Risks Relating to the Business: The company has not independently verified certain data in this Prospectus.
- Risks Relating to the Business: Any of the Bidders are not permitted to withdraw or lower their Bids (in terms of quantity of Equity Shares or the Bid Amount) at any stage after submitting a Bid.
- Risks Relating to the Business: There is no guarantee that the Equity Shares issued pursuant to the Issue will be listed on the SME Platform of BSE Limited in a timely manner or at all.
- Risks Relating to the Business: Any future issue of Equity Shares may dilute your shareholding and sales of the company's Equity Shares by its Promoters or other major shareholders may adversely affect the trading price of the Equity Shares.
- Risks Relating to the Business: You may be subject to Indian taxes arising out of capital gains on the sale of the company's Equity Shares.
- Risks Relating to the Business: The company's inability to manage growth could disrupt its business and reduce profitability. The company's Business strategy is to continuously grow by expanding the size and geographical scope of its businesses.
