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Q &T Foods IPO
1.40xsubscribed

Q &T Foods IPO

Consumer Food
listed
₹2.76LMin. investment

Q &T Foods Limited IPO Details

SectorConsumer Food
Price range₹115 – ₹115
IPO type
SME
Lot size1200 shares
Issue size₹26Cr
Red Herring Prospectus
Read
Market cap
₹81.4CrLower than sector avg
RevenueApr 2025 - Mar 2026
₹54.77CrLower than sector avg
Growth rate3Y CAGR
16.71%

Q &T Foods IPO Subscription Status

Date
QIB
NII
Retail
Total
12-Aug-26
0.0 times (X)
0.07 times (X)
1.19 times (X)
0.63 times (X)
13-Aug-26
0.0X
0.09X
1.79X
0.94X
14-Aug-26
0.0X
0.28X
2.52X
1.4X

As on 12-Aug-26, 5:01 PM

Q &T Foods IPO Timeline

  1. Pre-apply
    11 Aug 2026
  2. Bid start
    12 Aug 2026
  3. Bid end
    14 Aug 2026
  4. Allotment
    17 Aug 2026
  5. Release of funds
    18 Aug 2026
  6. Demat transfer
    18 Aug 2026
  7. Listing
    19 Aug 2026

About Q &T Foods Limited

Q&T Foods was incorporated in 2018 and is engaged in the manufacturing, distribution, marketing and sale of savoury bakery products under its brand “American Bakers.” The company offers a range of products such as milk bread, white bread, multigrain bread, brown bread, fruit bread, Kulcha, Pav, burger buns, pizza bases, sweet buns and masala buns. These products are primarily sold to local consumers through a network of more than 50 dealers, who further distribute them to retailers and end-consumers through multi-brand outlets. The company’s manufacturing operations are carried out at its in-house facility in Ghaziabad, Uttar Pradesh, which is spread across 10,750 sq. ft. and has an installed capacity of 9,472 tonnes per annum. The facility is accredited with ISO 22000:2018 and HACCP quality management systems.
The company’s capacity utilisation increased from 78.6% in FY24 to 84.3% in FY25 and 91.3% in FY26, while actual production increased from 7,446 tonnes to 7,994 tonnes and 8,651 tonnes, respectively. Bread products contributed the largest share of revenue, accounting for 99.9% of revenue from operations in FY26, followed by other bakery products. Uttar Pradesh remained the company’s largest market, contributing 99.25% of revenue from operations in FY26, while Haryana contributed the remaining 0.75%. The company plans to expand its geographic presence beyond Uttar Pradesh and enter the wider domestic market. The company’s business strategy focuses on expanding into higher-margin bakery products, widening its customer base, strengthening dealer relationships, expanding its geographic reach and improving operational efficiency. Its top ten suppliers accounted for 36.07% of purchases in FY26, while its top ten customers contributed 25.01% of revenue from operations during the same year. As of June 30, 2026, the company had 37 employees, including 27 employees engaged in production, supervision and factory-helper roles.

Checklist

Quality analysis
Revenue growth
Company valuation
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Risk analysis
Debt to Equity ratio
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Objectives of Qandt Foods Limited IPO

Working capital
28.50%
The company will use ₹7.50 crore to meet its working capital requirements.
Repayment of debt
25.70%
₹6.75 crore will repay/prepay certain borrowings.
Capital expenditure
16.80%
₹4.42 crore will fund equipment and machinery for the existing facility.
General corporate purposes
14.90%
The company will use up to ₹3.92 crore to meet general corporate purposes.
Issue Expenses
13.90%
The company will use ₹3.66 crore out of the gross proceeds for issue expenses.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹54.77Cr16.71%₹5.2Cr₹81.4Cr10.610.90
This sector (avg.)₹1,087.57Cr0%₹78.55Cr₹7,146.66Cr43.500.91
₹20,201.56Cr---₹3,207.59Cr₹2,56,928.6Cr78.770.29
₹20,481.33Cr---₹2,634.29Cr₹1,59,376.2Cr53.620.17
₹17,942.67Cr---₹2,177.86Cr₹1,41,160.9Cr60.930.29

*Revenue for financial year 2025-26. Lower P/E and D/E ratios are generally preferred.

Q &T Foods IPO Contact Details

Company NameQ &T Foods Limited

How to apply for Q &T Foods IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Qandt Foods Limited IPO FAQs