Abram Food IPO Debuts on BSE SME Today: Flat Listing Expected as GMP Shows No Premium

Abram Food Limited is set to make its stock market debut on the BSE SME platform today, July 1, 2025, following the successful closure of its ₹14 crore IPO last week. Despite a fair subscription—retail investors subscribed 4.1 times their quota and the overall issue was subscribed 2.49 times—the grey market premium (GMP) for Abram Food remains at zero, signaling a flat listing at the IPO price of ₹98 per share.

 

Key Highlights:

 

Listing Details: The IPO, priced at ₹98 per share with a lot size of 1,200 shares (minimum investment ₹1,17,600), is a fixed price issue entirely comprising a fresh issue of 14.28 lakh shares. The stock is now live for trading on the BSE SME platform.

 

Company Profile: Founded in 2009, Abram Food manufactures and trades a variety of food products under the “Kherliwala” brand, including chana dal, atta, besan, edible oils, spices, and cattle feed. The company operates a modern facility in Alwar, Rajasthan, and distributes mainly across Rajasthan, Delhi/NCR, and Uttar Pradesh.

 

Market Sentiment: Unlike some recent SME listings that saw aggressive grey market buzz, Abram Food’s IPO saw muted unofficial activity, with no premium over the issue price. This has set expectations for a flat debut, with investors closely watching for post-listing movement based on fundamentals and retail participation.

 

Financials: The company reported revenue of ₹64.09 crore and a PAT margin of 5.08% for FY25, with a return on net worth of 38.62%, indicating solid profitability for its size.

 

Promoters & Management: The company is led by Brij Bhushan, Mona Singhal, and Arpit Gupta, with Corporate Makers Capital as lead manager and Kfin Technologies as registrar.

 

All eyes are now on how Abram Food’s shares perform in early trade, as investors gauge the appetite for quality SME food sector stocks in a cautious market.

 

Sources: Economic Times, Finowings, HDFC Sky