Peshwa Wheat Limited
Peshwa Wheat is a SME IPO engaged in wheat processing, manufacturing Atta, Sortex Wheat, Broken Wheat, and other flour products from its Indore facility with 56,100 MTPA capacity.
Overview
About the Company
Incorporated in 2023, Peshwa Wheat operates a modern flour processing facility in Indore, Madhya Pradesh with 56,100 MTPA installed capacity. The company processes wheat into Atta (wheat flour), Sortex Wheat, Broken Wheat, Gram Flour (Besan), and Maize Flour, primarily sold in 50 kg and 30 kg packaging. The business operates through super stockists who supply wholesalers and retailers, as well as direct sales to bulk buyers such as restaurants, bakeries, and institutions. The manufacturing process utilizes advanced cleaning and milling technology with zero-waste and zero-discharge operations, where by-products like wheat bran are repurposed for cattle feed. The company also trades vegetables including potatoes and tomatoes within Madhya Pradesh.
Company Details
📋 Objects of Issue (Use of Proceeds)
- › Funding capital expenditure towards purchase of plant and machineries (₹6.69 Cr)
- › Funding capital expenditure towards civil construction (₹5.01 Cr)
- › Funding working capital requirements of the company (₹26.50 Cr)
- › General corporate purposes (₹15.32 Cr)
✅ Strengths
- ✓ Integrated processing operations with advanced milling and cleaning technology
- ✓ Strategic procurement relationships ensuring stable and resilient supply chain
- ✓ Established promoters and skilled management team driving operations
- ✓ Zero-waste and zero-discharge manufacturing with FSSAI accreditation
- ✓ Strong focus on quality and food safety standards with hygienic processing
⚠️ Risks
- ! Heavy reliance on limited number of customers and suppliers for revenue and procurement
- ! Complete dependence on Madhya Pradesh for 100% of raw material sourcing
- ! Requires strict environmental controls to prevent spoilage and infestation of raw materials
- ! Exposure to raw material price fluctuations due to spot market sourcing
- ! Negative cash flows from operating and investing activities may constrain future growth