Functional & Innovative Foods Ltd.
BSETBA
TBA
1 Shares
TBA
₹10
Financial Summary
| Particulars | FY 2024-25 | FY 2023-24 |
|---|---|---|
| 2,601.17 | 1,614.27 | |
| 6.48 | 7.13 | |
| 2,607.65 | 1,621.4 | |
| 2,260.33 | 1,405.34 | |
| 300.22 | 173.51 | |
| 232.2 | 137.58 |
Subscription Details
IPO Timeline
IPO Offer Start
TBA
IPO Offer Ends
TBA
TBA
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 1 | Funding capital expenditure for the setting up of Unit-V | 173.83 |
| 2 | Funding capital expenditure for the setting up of Unit-VI | 196.4 |
| 3 | Pre-payment or scheduled re-payment, in full or in part, of all or a portion of certain | 200 |
| 4 | Investment in its wholly owned Subsidiary, Christy Quality Foods (India) Private Limited | 100 |
| 5 | Funding long-term working capital requirement of our Company | 150 |
Promoters
Book Running Lead Managers
Promoter Shareholding
Pre-IPO
99.93%
Promoter stake
About the Company
We are an integrated food contract manufacturing company offering a diversified product portfolio to businesses of varyingscales, from emerging brands to multi-national Fast Moving Consumer Goods (FMCG) companies with a focus on qualityand food safety. We are one of the fastest growing food manufacturing companies among the Selected Peers in terms ofrevenue, having grown at a CAGR of 50.21% from Fiscal 2023 to Fiscal 2025. (Source: D&B Report) Our operations areprimarily undertaken through private label manufacturing arrangements, under which we manufacture and package foodproducts marketed under our customers’ brands and offer a portfolio of ready formulations with customized options relatingto packaging design, pack size and flavour adjustments.
Use of Proceeds
1. Funding capital expenditure for the setting up of new manufacturing unit at Namakkal, Tamil Nadu (Proposed Unit- V) for sprouted and fortified products.2. Funding capital expenditure for the setting up of new manufacturing unit at Dhar, Madhya Pradesh for manufacturing of existing product portfolio of our company (Proposed Unit-VI, together with Proposed Unit-V, ‘Proposed Units).3. Pre-payment or scheduled re-payment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company.4. Investment in its wholly owned Subsidiary, Christy Quality Foods (India) Private Limited (“CQFIPL”) in the form of debt or equity for repayment/prepayment of borrowings, in full or in part, of all or a portion of certain outstanding borrowings availed by such Subsidiary.5. Funding long-term working capital requirement of our Company.6. General Corporate Purposes.