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Total Issue Size
Fresh Issue + Offer For Sale
Fresh Issue (FI)
Proceeds go to the company
Offer For Sale (OFS)
Proceeds go to the existing investors
Funding Capital Expenditure for Machinery Procurement
Acquisition of new plant machinery and processing equipment to enhance overall operational capacity.
Financing Civil Construction Projects
Executing structural civil construction works for expanding the processing plant infrastructure.
Meeting Expanded Working Capital Requirements
Fulfilling working capital needs to support business expansion and commercial scaling.
General Corporate Purposes
Funding ongoing general corporate operations and administrative requirements.
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(₹ in Crore)
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Peshwa Wheat Limited, incorporated in 2023 and headquartered in Indore, Madhya Pradesh, is an integrated food processing enterprise specializing in wheat derivative products. The business originally commenced operations as a partnership firm in 2017 before converting into a public limited entity. Its primary manufacturing operations center on processing raw wheat grain into essential staples including refined wheat flour (atta), sortex-cleaned wheat, semolina (suji), broken wheat (dalia), and wheat bran, alongside secondary milling items such as gram flour (besan) and maize flour. The enterprise operates a modern centralized processing plant situated at the Apparel Cluster Industrial Area in Bijepur, Indore, with an annual installed capacity of 56,100 metric tonnes. Operating within a resource-efficient framework, the manufacturing facility utilizes a zero-waste, zero-discharge model by repurposing wheat bran co-products directly for livestock feed formulation. In addition to core grain processing, the firm carries out targeted commercial trading of fresh agricultural produce including potatoes and tomatoes to optimize distribution channels and broaden revenue streams. Peshwa Wheat Limited distributes its product portfolio across major regional FMCG markets, serving commercial dealers, institutional buyers, and retail distribution networks in Madhya Pradesh, Maharashtra, Karnataka, and Gujarat. Proceeds raised from the initial public offering are designated toward purchasing new plant and machinery to expand processing infrastructure, completing structural civil construction work at the production facility, and fulfilling working capital requirements to support commercial scaling.
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Source: RHP • Analysis provided for informational purposes
Last Updated: 30 September 2026, 7:05 PM
Integrated Grain Milling Facility
Operates a centralized processing plant in Indore with zero-discharge utilization of wheat bran by-products for livestock feed.
Broad Agro-Product Portfolio
Offers a wide range of essential grain products including refined flour, sortex wheat, semolina, gram flour, and maize flour, supplemented by fresh produce trading.
Robust Financial Trajectory
Demonstrated significant revenue expansion from 43.81 crore rupees in fiscal 2024 to 215.96 crore rupees in fiscal 2026, alongside growing profit margins.
Regional Operations Concentration
Primary processing infrastructure is centralized in Madhya Pradesh, exposing business operations to local supply disruptions and regional regulatory changes.
Agricultural Commodity Volatility
Operational profitability is susceptible to seasonal harvest yields, climatic shifts, and fluctuating market prices of raw wheat and grains.
Substantial Operational Working Capital Requirements
Procuring raw agricultural inputs and managing commercial wholesale distribution credit terms demands continuous operational liquidity.
Peshwa Wheat Limited
308, The One, A Block, RNT Marg, Near Silver Mall, Tukoganj, Indore - 452001, Madhya Pradesh, India
View on Maps →Maashitla Securities Private Limited
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