Aligarh-based potato flake maker Shivashrit Meals will debut on NSE Emerge on Monday (September 1, 2025) after elevating $70.03 trillion by an preliminary public providing (IPO).
The corporate stated it’s collaborating within the subsequent section of progress in an growth plan geared toward growing demand for buildings of scale and processed meals.
The IPO consisted of a contemporary concern of 61.29 crores and a suggestion of £8.75 crores on the market.
Revenues are used for capability growth, working capital and common company functions.
Roughly 26.3 crores are allotted to investments in utilities similar to new manufacturing strains, devoted potato flake models and solar-powered turbines.
One other 19 crore will likely be directed in the direction of working capital to assist the execution of the contract, however the stability is reserved for the overall firm wants and issuance prices.
The corporate reported a 36% improve in income of 105.85 crores in fiscal 2025. The post-tax revenue improved to 12.06 crores.
The corporate that provides snack makers has not too long ago been deployed within the retail phase beneath the Shree Ahar model.
Potato flakes, an essential ingredient in snacks, ready-to-eat meals and bakery merchandise, are accelerating adoption.
“Relationships with main meals giants similar to Haldiram, ITC and Balaji Wafers spotlight Shivashrit’s belief in high quality and consistency. The IPO supplies sources to increase its capabilities, diversify its portfolio and strengthens its place as a trusted companion in India’s meals processing ecosystem.
With a transparent growth technique and a requirement driver, the corporate has established itself as a long-term progress narrative in India’s meals processing sector, he added.
