Updated on 27.01.2026|5:05 PM
NFP Sampoorna Foods Limited, a Delhi-based company that processes and markets dry fruits, has announced its Initial Public Offering (IPO) on the NSE SME platform.
The subscription will open on Feb 04, 2026 and close on Feb 06, 2026, with a price band of ₹52 to ₹55 per share. Track this and all other upcoming and live IPOs at our IPO hub page.
The company operates a processing unit in Neemrana, Rajasthan, and sources from the Khari Baoli market. It specialises in procuring, processing, and marketing premium dry fruits like cashews, almonds, walnuts, and fox nuts (makhana).
The book-built issue aims to raise approximately ₹24.53 Crores, with proceeds earmarked for working capital requirements and debt repayment.
In this article, you will find NFP Sampoorna Foods IPO GMP today price band, and a detailed review. You can track the subscription status of this and all the other IPOs at our IPO subscription status hub page. And for the allotment status, check our allotment status hub page which lists all the live, upcoming and closed IPOs.
Briefs of NFP Sampoorna Foods IPO Details:
- Price Band: ₹52 – ₹55 per equity share
- IPO Open / Close Dates: Feb 04, 2026 – Feb 06, 2026
- Lot Size: 2,000 Shares (Note: Retail Minimum Application is 2 Lots / 4,000 Shares)
- Issue Size: 44,60,000 Equity Shares / ~₹24.53 Crores
- Fresh Issue / OFS: 100% Fresh Issue
- Registrar: Skyline Financial Services Pvt. Ltd.
- Listing Exchange: NSE SME
WHAT IS THE NFP Sampoorna Foods IPO GMP Today?
You can check the GMP of this and other issues at our GMP today page.
Note: The Grey Market Premium (GMP) changes daily based on market demand. It is an unofficial indicator and is not regularised by SEBI, NSE, or BSE. Investors should not rely solely on GMP for investment decisions.
What Are The Important NFP Sampoorna Foods IPO Dates & Allotment Schedule?
For investors planning their capital allocation, here is the critical timeline for the issue:
- IPO Open Date: Feb 04, 2026
- IPO Close Date: Feb 06, 2026
- Basis of Allotment Date: Feb 09, 2026
- Refund Initiation Date: Feb 10, 2026
- Credit of Shares: Feb 10, 2026
- Listing Date: Feb 11, 2026
What Are The Objectives of NFP Sampoorna Foods IPO?
The company proposes to utilise the Net Proceeds from the Fresh Issue towards the following strategic purposes:
- Working Capital: A significant portion of ₹7.25 Crores is earmarked for meeting incremental working capital requirements, essential for managing inventory in the seasonal dry fruit business.
- Debt Repayment: Approximately ₹9.50 Crores will be used to prepay or repay outstanding borrowings, which is expected to reduce finance costs and improve profitability.
- General Corporate Purposes: To meet ongoing operational contingencies and business growth needs.
How is The Financial Performance of NFP Sampoorna Foods?
The following table summarises the financial performance of the company based on restated consolidated financial statements.
(Figures in ₹ Crores)
| Particulars | Period Ended 30 Nov 2025 | Period Ended 31 Mar 2025 | Period Ended 31 Mar 2024 | Period Ended 31 Mar 2023 |
Total Income | 36.96 | 35.76 | 23.31 | 16.75 |
Profit After Tax (PAT) | 3.49 | 2.67 | 1.02 | 0.41 |
EBITDA | 6.64 | 4.69 | 2.17 | 0.77 |
Total Borrowing | 24.94 | 11.36 | 18.90 | - |
Assets | 44.02 | 27.03 | 16.68 | 8.90 |
Source: RHP
Financial Analysis & Observations:
Total Income:
The company reported Total Income of ₹35.76 Crores in FY25, reflecting a steady growth trajectory. Notably, for the eight-month period ended November 2025, revenue surged to ₹36.96 Crores, surpassing the entire previous year's figure, driven by the addition of a new trading vertical and expansion into makhana and almonds.
Profit After Tax (PAT):
Profitability has seen a sharp increase, with PAT rising to ₹2.67 Crores in FY25 from ₹1.02 Crores in FY24. The momentum continued in the current period with ₹3.49 Crores profit, attributed to better gross margins from direct procurement and scale efficiencies at the new Neemrana plant.
EBITDA:
Operational efficiency is improving, with EBITDA reaching ₹6.64 Crores in the period ended November 2025. The EBITDA margin expansion to nearly 18% highlights the benefits of automating processing capabilities and optimizing the supply chain.
Total Borrowing:
Debt levels have increased significantly to ₹24.94 Crores as of November 2025 to fund the working capital-intensive nature of direct raw material procurement. The IPO proceeds allocated for debt repayment (₹9.50 Crores) will be crucial in deleveraging the balance sheet.
Assets:
The asset base expanded to ₹44.02 Crores by November 2025, largely due to inventory buildup for the upcoming season and capital expenditure on the new processing facility. This asset growth supports the company's ability to handle larger volumes.
What Are The P/E Ratio and Peer Comparison?
Based on its Fiscal Year 2025 earnings per share (EPS) of ₹4.31, the IPO is priced at a Price-to-Earnings (P/E) multiple of approximately 12.76x at the upper end of the price band (₹55).
P/E Ratio = ₹55(Price) / ₹4.31(Earnings Per Share)
P/E Ratio ≈ 12.76x
Peer Comparison Table
| Company | Revenue (₹ Cr) | P/E Ratio | RoNW (%) |
NFP Sampoorna Foods | 35.64 | 12.76x | 29.65% |
| Krishival Food Limited | 173.23 | 37.89x | 9.99% |
| Prospect Consumer Products | 30.99 | 17.21x | 8.95% |
Analysis:
NFP Sampoorna Foods is entering the market at a P/E multiple of approximately 12.76x based on an EPS of ₹4.31. This valuation appears significantly attractive when benchmarked against listed peers. For instance, Krishival Food Limited trades at a P/E of 37.89x, and Prospect Consumer Products trades at 17.21x.
In addition to the valuation discount, investors should note that NFP Sampoorna boasts a Return on Net Worth (RoNW) of 29.65%, which is higher than Krishival (9.99%) and Prospect (8.95%). This combination of a lower P/E multiple and higher capital efficiency suggests that the issue is priced conservatively relative to the industry average.
What is The Industry Outlook of NFP Sampoorna Foods?
Growth Potential:
The Indian dry fruit market is projected to grow robustly, driven by rising disposable incomes and a shift towards healthy snacking. The organized segment is expanding as consumers prefer packaged and graded products over loose alternatives.
Market Trends:
There is increasing demand for value-added products like flavored nuts and makhana. NFP's diversified portfolio positions it well to capture this consumer preference shift.
What Are The Strengths and Risks of NFP Sampoorna Foods IPO?
Strengths:
- Integrated Procurement: Sourcing directly from farms in West Africa and Bihar eliminates intermediaries, improving margins and quality control.
- Diversified Portfolio: Expanding beyond cashews into high-growth segments like makhana and almonds reduces single-commodity risk.
- Strategic Location: Presence in Khari Baoli provides direct access to a vast wholesale network, while the Neemrana plant offers operational efficiency.
Risks:
- Working Capital Intensity: The business requires significant funds to stock inventory due to the seasonal nature of raw materials. High borrowing levels reflect this risk.
- Dependency on Single Facility: Relying heavily on the Neemrana unit for processing poses operational risks in case of disruptions.
- Raw Material Volatility: Agricultural commodities are subject to price fluctuations and climatic risks, which can impact margins if costs cannot be passed on.
Key Considerations for Investors
This section is for information purposes only and does not constitute financial advice.
Investors should note the Minimum Investment structure.
- Minimum Application: The lot size is 2,000 Shares. Based on the data provided, the minimum application for Retail Individual Investors is 2 Lots (4,000 Shares), amounting to ₹2,20,000. Note: This investment amount exceeds the typical ₹2 Lakh retail limit, which implies this category effectively targets HNI investors.
- Valuation: At ~12.76x P/E, the valuation is reasonable compared to peers.
- Risk Profile: The company is growing fast, but carries high working capital debt. The IPO will help deleverage, but execution remains key.
Key Takeaways
- IPO Price: ₹55 per share (Upper Band).
- Min Investment: ₹2,20,000 (4,000 Shares).
- Allotment Date: Feb 09, 2026
- Listing: NSE SME platform on February 11, 2026.
FAQs on NFP Sampoorna Foods IPO
What is NFP Sampoorna Foods IPO GMP today?
The GMP is a dynamic market sentiment indicator. You can check the gmp of this and all other IPOs at our Ipo GMP today page which is updated daily.
What is NFP Sampoorna Foods IPO price band?
The price band is fixed at ₹52 to ₹55 per equity share.
What is NFP Sampoorna Foods IPO allotment date?
The allotment status is expected to be finalized on Friday, January 30, 2026.
How to check NFP Sampoorna Foods IPO allotment status?
Investors can check the status on the website of Skyline Financial Services Pvt. Ltd. (the Registrar) or via the NSE IPO allotment portal.
What is NFP Sampoorna Foods IPO listing date?
The shares are tentatively scheduled to list on Tuesday, February 3, 2026.
Investment Perspective on NFP Sampoorna Foods IPO
NFP Sampoorna Foods offers a play on the consumption theme with strong growth metrics and return ratios. While the valuation is attractive, the high minimum investment ticket size and working capital risks are factors that investors must weigh carefully.
Disclaimer:
This article is strictly for educational purposes. Please consult a SEBI-registered investment advisor before making any investment decisions.
