Bakery products manufacturer Q&T Foods Ltd has priced its initial public offering at ₹115 per share, with the subscription window set to open on August 12.
The company aims to raise ₹26.24 crore through the offering, according to a statement released on Saturday.
The pricing decision marks the final step before the company's market debut, allowing investors to begin subscribing to the shares early next week.
The offer is structured as a fixed-price issue, providing clarity on valuation ahead of the listing.
Q&T Foods' move coincides with heightened activity in the Indian IPO market.
Dairy products maker Milky Mist Dairy Food Ltd recently fixed its price band at ₹133-140 per share for a significantly larger raise of ₹1,553 crore, with its subscription window opening on August 11.