Q&T Foods IPO
FMCG • ₹26.25 Cr
High risk because:
- High customer concentration flagged in the DRHP
- 4 material risk factors disclosed in DRHP
- SME listing with thinner post-listing liquidity
IPOFins risk score from DRHP risk factors, subscription demand & issue structure
Price Band
₹115
Lot Size
1200 shares
Issue Size
₹26.25 Cr
Open
12 Aug 2026
Close
14 Aug 2026
Subscription
—
IPO Schedule
| Issue Open Date | 12 Aug 2026 |
| Issue Close Date | 14 Aug 2026 |
| Allotment Date | 17 Aug 2026 |
| Listing Date | 18 Aug 2026 |
About Q&T Foods
Q&T Foods Limited is a food processing company primarily engaged in the business of manufacturing, distribution, marketing, and selling of bakery products in the savoury category. The company offers a diversified product portfolio under its brand 'American Bakers', which includes varieties of breads such as Milk Bread and Multigrain Bread, and other bakery products like Kulcha, Pav, Burger Bun, and Pizza Base, targeted primarily at local consumers in Uttar Pradesh.
Company Details
Founders / Promoters
Mr. Nishant Raj Gupta
Founded
2018
Registrar
Skyline Financial Services Pvt
Documents
DRHP / RHP Document (PDF)
View official prospectus →
Investment Analysis
Q&T Foods — IPOFins Verdict
QuantitativeDriven by elevated disclosed risk (9/10), Q&T Foods listed at a premium of 0.0% to its issue price. SME listings are also thinner and more volatile after listing. The signals look weak — weigh the risks carefully. This is a quantitative flag, not a recommendation.
- The company has achieved significant revenue and profit growth, with revenue from operations growing from Rs. 40.22 Crores in FY24 to Rs. 54.78 Crores in FY26, and Profit After Tax increasing from Rs.
- Profitability margins have shown substantial improvement, with EBITDA margin expanding from 9.37% in FY24 to 15.27% in FY26, and PAT margin more than doubling from 4.87% to 9.49% over the same period,
- The 'Bread' category is the cornerstone of the company's revenue, with its contribution increasing from 89.46% of total revenue in FY24 to a dominant 99.91% in FY26, demonstrating strong focus and mar
- Operational efficiency is improving as the company's capacity utilization has steadily increased from 78.61% in FY24 to 91.33% in FY26, indicating effective management of its in-house manufacturing fa
- The company maintains an extensive distribution network with over 50 dealers and has established long-standing relationships, which are critical to its business strategy and growth.
Score breakdown — what drove this verdict
High risk from DRHP → score -1.6
Actual listing outcome → score −0.5
SME IPOs have lower liquidity after listing → score −0.5
Base score: 5.0 · Final score = base + all factor adjustments, capped 1–10. Full methodology →
IPOFins Score is a quantitative signal from subscription demand, disclosed risk, and listing data — not investment advice. Not SEBI-registered.
Listing Performance
Issue Price
₹115
Listing Price
₹115
Listing Gain/Loss
+0.00%
Listing Date
18 Aug 2026
Price Since Listing
Returns are measured against the ₹115 issue price.
Listing
₹115
+0.0%
1 Week
₹89.1
-22.5%
Current
₹38.95
-66.1%
Want to buy this stock?
Trade Q&T Foods on the secondary market
FAQ
What is the price band of Q&T Foods IPO?
The price band is ₹115 per share with a lot size of 1200 shares. Minimum investment: ₹1,38,000.
What does Q&T Foods do?
Q&T Foods Limited is a food processing company primarily engaged in the business of manufacturing, distribution, marketing, and selling of bakery products in the savoury category. The company offers a diversified product portfolio under its brand 'American Bakers', which includes varieties of breads such as Milk Bread and Multigrain Bread, and other bakery products like Kulcha, Pav, Burger Bun, and Pizza Base, targeted primarily at local consumers in Uttar Pradesh.
Should I apply for Q&T Foods IPO?
Q&T Foods listed at ₹115 (+0.0% premium to the ₹115 issue price). IPOFins Score 2/10: Driven by elevated disclosed risk (9/10), Q&T Foods listed at a premium of 0.0% to its issue price. SME listings are also thinner and more volatile after listing. The signals look weak — weigh the risks carefully. This is a quantitative flag, not a recommendation.
Who founded Q&T Foods?
Q&T Foods was founded by Mr. Nishant Raj Gupta in 2018.