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Royal Foodstuffs Ltd.

SMEBSE
unknown

TBA

TBA

1 Shares

TBA

₹10

Financial Summary

Standalone(in ₹ million)
ParticularsFY 2024-25FY 2023-24
27,627.6228,109.17
97.1571.08
27,724.7728,180.25
25,218.2825,084.57
1,061.582,030.03
906.451,527.36

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IPO Timeline

IPO Offer Start

TBA

IPO Offer Ends

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Use of Proceeds

#PurposeAmount (₹ Million)
1Funding capital expenditure for the establishment of the proposed aseptic 400.809
2Funding capital expenditure for the establishment of the proposed frozen vegetable 236.353
3Repayment and/or pre-payment, in part or full of certain borrowings availed by 87.553

Promoters

Shivsharan Hanumantappa SakkargiNilima Avinash PhirkeAvinash Vasant Phirke

Book Running Lead Managers

Rarever Financial Advisors Pvt Ltd.

Promoter Shareholding

Pre-IPO

97.57%

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.

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