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Royal Foodstuffs Ltd.

SME
unknown

Price Range

TBA

Issue Size

TBA

Lot Size

1 Shares

Min. Investment

TBA

Financial Summary

(in crores)
ParticularsFY 2024-25
Operating Revenue27,627.62
Other Income97.15
Total Income27,724.77
Total Expenses25,218.28
Profit Before Tax1,061.58
Total Profit906.45

Subscription Details

Subscription data not yet available

IPO Timeline

IPO Offer Start

TBA

IPO Offer Ends

TBA

Listing Date

TBA

Use of Proceeds

#PurposeAmount (₹ Cr)
1Repayment and/or pre-payment, in part or full of certain borrowings availed by 87.553

Promoters

Nilima Avinash Phirke

Promoter Shareholding

Pre-IPO

97.57%

Promoter stake

Post-IPO

N/A

Promoter stake

Offered to Public

63,00,000

shares

About the Company

Royal Foodstuffs was founded with the vision of transforming India’s agricultural produce particularly fruits and vegetables into value-added, export-ready processed products, thereby contributing to India’s agri-export potential and reducing postharvest losses. At the time of inception, the Company’s operations were primarily focused on the extraction and processing of mango pulp, catering mainly to domestic bulk customers, including juice and beverage manufacturers. The Company operated through a single manufacturing facility located at Tasawade (MIDC, Karad, Maharashtra) for manufacturing of Frozen Fruit and Vegetable pulps, slices, juices. Raw material requirements were met through the procurement of Alphonso mangoes from nearby sourcing regions, and the Company supplied semi-processed mango pulp in bulk quantities to local industrial customers. During the early phase of its operations, the Company’s business model was largely seasonal and product-specific, with activities confined to single-product processing.

Use of Proceeds

1. Funding capital expenditure for the establishment of the proposed aseptic processing unit at our proposed manufacturing facility at Plot No. 232 & 238 Mouje Sarkalwadi, Taluka Koregaon, District Satara, Maharashtra (the “Proposed Aseptic Facility”); 2. Funding capital expenditure for the establishment of the proposed frozen vegetable processing unit at our proposed manufacturing facility at Plot No. 232 & 238 Mouje Sarkalwadi, Taluka Koregaon, District Satara, Maharashtra (the “Proposed Frozen Facility”); The Proposed Aseptic Facility and the Proposed Frozen Facility are collectively referred to as the “Proposed Facilities”. 3. Repayment and/or pre-payment, in part or full, of certain borrowings availed by our Company; 4. General corporate purposes.