V

Vishwas Refoils & Consumer Ltd.

SMEBSE
unknown

TBA

TBA

1 Shares

TBA

₹10

Financial Summary

Standalone(in ₹ million)
ParticularsFY 2025-26FY 2024-25
31,026.1423,728.83
0.810.7
31,026.9523,729.53
30,251.8323,273.2
610.41330.46
505.65273.66

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IPO Timeline

IPO Offer Start

TBA

IPO Offer Ends

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Use of Proceeds

#PurposeAmount (₹ Million)
1To fund capital expenditure for setting up new facility for refining edible oil180

Promoters

Mandhiyani Deepak DaulatramHoney Deepakkumar Mandhiyani

Book Running Lead Managers

Cumulative Capital Pvt Ltd

Promoter Shareholding

Pre-IPO

N/A

Promoter stake

Offered to Public

28,64,000

shares

About the Company

Vishwas Refoils & Consumer Limited (“Company”) is engaged in processing and value addition for refined edible oils namely refined palmolein oil, refined sunflower oil, double filtered groundnut oil, refined cottonseed oil, refined corn oil, refined caster oil, refined soyabean oil and refined rice bran oil. We are also engaged in manufacturing of filtered mustard oil (kachi ghani) and filtered mild mustard oil. These products are packaged and offered under our own brand “Vishwas” in commonly used trade and consumer pack formats such as pouches, bottles, jars and tins and also in loose form for bulk orders for food processing units. The Company’s product portfolio of edible oil caters to food processing industries including bakery and snack manufacturing, HORECA (Hotel, Restaurant, and Catering) and household demand. The Company’s operations are aligned with applicable food safety and quality requirements, including ISO 22000:2018 and ISO 9001:2015 standards and the Food Safety and Standards Authority of India (“FSSAI”) licensing framework. Our Company procures Refined Edible Oil, undertakes value addition by use of permitted additives including antioxidants to enhance product shelf life and overall product quality, and carry out packaging operations in-house. The Company’s sales is entirely domestic, with concentration in the state of Gujarat and also presence in selected other states such as Madhya Pradesh, Maharashtra, Rajasthan, etc. The Company sells its products through a combination of wholesalers and food processing units through packaged products and in loose form. The Company has developed its relationship with wholesalers and retailers in the ordinary course of business through regular business interactions and continued market response upon product quality and customer satisfaction. Additionally, our Company, on need basis and depending on market conditions, engages in trading of edible oils. Our Company has been awarded the “MSME ZED Gold Certification” under the MSME Sustainable (Zero Defect Zero Effect) Certification Scheme, reflecting its focus on quality management and sustainable business practices.

Use of Proceeds

1. To fund capital expenditure for setting up new facility for refining edible oil; and 2. General corporate purposes.

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