Q&T Foods IPO
Q&T Foods IPO closed on 14 Aug 2026. Allotment 17 Aug 2026, listing 19 Aug 2026. Price band ₹115–₹115, lot 1200 shares, GMP +₹0 (0%). Track allotment on Allotly.
| Status | Closed |
|---|---|
| Category | SME · BSE |
| Price band | ₹115–₹115 |
| Lot size | 1200 shares |
| Minimum investment | ₹2,76,000 |
| Issue size | ₹26.25 Cr |
| GMP | +₹0 (0%) |
| Open date | 12 Aug 2026 |
| Close date | 14 Aug 2026 |
| Allotment date | 17 Aug 2026 |
| Listing date | 19 Aug 2026 |
About Q&T Foods
Q&T Foods Limited is primarily engaged in the business of manufacturing, distributing, marketing, and selling a variety of bakery products under its brand, ‘American Bakers’. The company’s offerings are targeted mainly at local consumers in the state of Uttar Pradesh. Its diversified product portfolio includes a range of breads such as Milk, White, Multigrain, and Brown Bread, alongside other bakery items like Kulcha, Pav, Burger Buns, and Pizza Bases. All products are manufactured at its in-house facility in Ghaziabad, Uttar Pradesh, which is accredited with ISO 22000:2018 and HACCP certifications for quality management. The company generates revenue by selling its products to a network of over 50 dealers, who then resell them to retail end-consumers through various multi-brand outlets and stores. Q&T Foods does not operate its own retail stores.
Strengths
- Experienced Promoters with a proven track record in the bakery industry, driving corporate strategy and business expansion.
- In-house, quality-certified manufacturing facility in Ghaziabad accredited with ISO 22000:2018 and HACCP standards.
- Well-developed distribution network supported by sales training and incentive programs for dealers.
- Long-standing relationships with a network of over 50 dealers ensure uninterrupted supply.
- Focus on strict quality control and timely delivery across raw material procurement and finished product distribution.
Risks
- Pending legal proceedings involving the company and its promoters could adversely affect its reputation and financials.
- Manufacturing operations are on leased premises, exposing the company to risk if agreements are not renewed.
- High revenue dependence on the top 10 customers, contributing around 25% of total revenue in Fiscal 2026.
- Geographic concentration of revenue and manufacturing operations in the state of Uttar Pradesh.
- Heavy revenue reliance on the bread segment, which accounted for over 99% of revenue in recent fiscal years.