Past performance
About Baba Food Processing India Ltd Baba Food Processing India Limited, originally incorporated as a private entity in 2015, transitioned to a public limited company in July 2023. Based in Ranchi, the company specializes in producing high-fiber whole wheat atta and various refined flours including maida, tandoori atta, and semolina. Utilizing advanced Swiss technology from Buhler, their manufacturing unit operates with a daily capacity of 200 tons, ensuring a zero waste and zero discharge environment by repurposing by-products as animal feed.
Baba Food Processing markets its products under the 'Panchakanya' and 'Bhajan' brands and distributes primarily in Jharkhand, Odisha, and West Bengal. The company's strategic expansion included launching a wholly-owned subsidiary, Panchakanya Foods Private Limited, in 2023. With a history rooted in agro-commodity trading, the company is now seeking to raise Rs 33 Crores through an Initial Public Offering to support further growth.
Performance overview