India’s IPO market continues to remain active in 2026, with growing investor interest in food processing and packaged consumer goods companies. Rising health awareness, increasing consumption of premium dry fruits, and the expansion of organised retail and e-commerce channels are creating significant opportunities for businesses operating in the packaged foods segment.
Against this backdrop, NFP Sampoorna Foods Limited is set to open its IPO on May 18, 2026. Here is a detailed insight into the company, its IPO, and the industry outlook.
About NFP Sampoorna Foods Ltd.
Incorporated in 2019, NFP Sampoorna Foods Limited specialises in the processing and distribution of premium dry fruits, particularly cashew nuts.
The company primarily procures raw cashew material through imports from Africa and follows strict quality control processes supported by certifications such as:
- ISO 9001:2015
- ISO 22000:2018
The company offers a variety of dry fruit products aimed at health-conscious consumers.
Product Portfolio
- Cashew Nuts in grades such as W320 and W400
- Almonds in natural and roasted variants
- Makhana (Fox Nuts) in roasted, flavoured, and plain forms
- Gift Packs for festive and corporate gifting
The company uses advanced roasting and packaging technologies to maintain freshness and nutrition retention. Products are sold through:
- Offline retail channels
- Amazon
- Flipkart
- Official company website
As of November 30, 2025, the company had 140 permanent employees across departments.
Competitive Strengths
- Experienced promoters and management team
- Strong client relationships
- Focus on quality and hygiene standards
- Consistent growth in profitability and cash flow generation
NFP Sampoorna Foods IPO Details
NFP Sampoorna Foods IPO is a book-building issue aggregating to ₹24.53 crore and consists entirely of a fresh issue.
The company intends to utilise the proceeds towards working capital requirements, repayment of borrowings, and general corporate purposes.
Important IPO Timeline
| Event | Date |
|---|---|
| IPO Open Date | May 18, 2026 |
| IPO Close Date | May 20, 2026 |
| Allotment Date (Tentative) | May 21, 2026 |
| Initiation of Refunds | May 22, 2026 |
| Credit of Shares to Demat | May 22, 2026 |
| Listing Date (Tentative) | May 25, 2026 |
Key IPO Details
| Particulars | Details |
|---|---|
| Face Value | ₹10 per share |
| Price Band | ₹52 to ₹55 per share |
| Lot Size | 2,000 Shares |
| Issue Type | Bookbuilding IPO |
| Total Issue Size | 44,60,000 shares (₹24.53 Cr) |
| Fresh Issue | 44,60,000 shares |
| Listing At | NSE SME |
| Market Cap (Pre IPO) | ₹69.49 Cr |
Issue Reservation
| Category | Shares Offered |
|---|---|
| QIB | 0.99% |
| NII (HNI) | 49.43% |
| Retail (RII) | 49.58% |
| Market Maker | 5.02% |
Lot Size of NFP Sampoorna Foods IPO
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | ₹2,20,000 |
| Retail (Max) | 2 | 4,000 | ₹2,20,000 |
| S-HNI (Min) | 3 | 6,000 | ₹3,30,000 |
| S-HNI (Max) | 9 | 18,000 | ₹9,90,000 |
| B-HNI (Min) | 10 | 20,000 | ₹11,00,000 |
NFP Sampoorna Foods Ltd. Financials
The company has demonstrated strong growth in revenue and profitability in recent years, supported by increasing demand for premium dry fruits and packaged food products.
Key Company Financials (₹ Crore)
| Period Ended | Nov 30 2025 | Mar 31 2025 | Mar 31 2024 | Mar 31 2023 |
|---|---|---|---|---|
| Assets | 44.02 | 27.03 | 16.68 | 8.90 |
| Total Income | 36.96 | 35.76 | 6.00 | 16.75 |
| Profit After Tax | 3.49 | 2.67 | 0.15 | 0.41 |
| EBITDA | 6.64 | 4.69 | 0.56 | 0.77 |
| Net Worth | 15.70 | 9.02 | 6.34 | 8.54 |
| Reserves and Surplus | 7.53 | 2.82 | 0.14 | NA |
| Total Borrowing | 24.94 | 11.36 | 8.53 | NA |
Key Performance Indicators (KPI)
| KPI | Nov 30 2025 | Mar 31 2025 |
|---|---|---|
| ROE | 28.21% | 34.82% |
| ROCE | 24.71% | 40.90% |
| Debt to Equity | 1.59 | 1.26 |
| RoNW | 22.20% | 29.76% |
| PAT Margin | 9.46% | 7.50% |
| EBITDA Margin | 18.01% | 13.17% |
| Price to Book Value | — | 3.78 |
IPO Objects of the Issue
| Purpose | Amount (₹ Cr) |
|---|---|
| Funding working capital requirements | 7.25 |
| Repayment or prepayment of borrowings | 9.50 |
| General corporate purposes | Balance |
NFP Sampoorna Foods Ltd.: Industry Outlook
- India’s packaged dry fruits market is witnessing strong growth driven by rising health consciousness
- Increasing urbanisation and higher disposable income are boosting demand for premium food products
- E-commerce platforms are expanding market access for packaged food brands
- Growing demand for healthy snacking options is supporting dry fruit consumption
- Premium gifting trends during festive seasons are increasing sales of packaged dry fruit products
Conclusion
NFP Sampoorna Foods Limited operates in the growing packaged dry fruits segment with a diversified product portfolio and expanding distribution presence. The company has demonstrated strong growth in revenue and profitability over recent years.
However, investors should carefully evaluate risks such as dependence on imported raw materials, high working capital requirements, and concerns surrounding changes made before the IPO launch. Based on recent financial performance, the IPO appears fully priced and may be suitable for informed investors with a moderate to high risk appetite and a long-term investment horizon.
