Shivashrit Foods Limited was incorporated as 'Shivashrit Foods Private Limited', on August 23, 2017, a private limited company pursuant to a certificate of incorporation granted by the Registrar of Companies, Kanpur at Uttar Pradesh. Upon the conversion of Company into a public limited company, the name of Company was changed to 'Shivashrit Foods Limited' and a fresh certificate of incorporation dated October 4, 2024 was issued by the RoC.
Company is manufacturer, supplier and exporter of Potato Flakes. Company has a dedicated potato processing and manufacturing facility at Aligarh in Western Uttar Pradesh, India for production of potato flakes. It specializes in manufacturing of premium-grade potato flakes, used in ready-to-eat meals, snack foods, and processed food products.
The major raw material used in manufacturing of potato flakes are Potatoes. The Company procure potatoes directly from farmers, third party suppliers and traders. The peak season for procurement of potatoes is December to March, which is harvesting season. It procures appx. 80% - 90% of annual requirement of potatoes during peak season. This extensive network of farmers enables to ensure a steady supply of high-quality potatoes.
The Company commenced its manufacturing unit in 2018 with an installed production capacity of 14.4 metric tons per day of potato flakes. A state-of-the-art manufacturing plant, with advanced technology, including key components for potato processing, duly installed and ... made operational was purchased from M/s. Tummers Food Processing Solutions, Netherlands.
In FY 2023-2024, Company expanded its existing potato flake processing line to increase its installed production capacity to 28.8 metric tons per day, which became operational in July, 2022.
Company launched the IPO by issuing 49,32,000 equity shares of face value Rs 10 each, by raising Rs 70.03 crores, consisting a fresh issue of 43,16,000 equity shares aggregating to Rs 61.28 crore and the offer for sale of 6,16,000 equity shares aggregating to Rs 8.75 crore in August, 2025.
FAQs on Shivashrit Foods Ltd
1. Can I buy Shivashrit Foods Ltd from PL Capital? ›
Yes, you can invest in Shivashrit Foods Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Shivashrit Foods Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Shivashrit Foods Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Shivashrit Foods Ltd pay dividends? ›
Shivashrit Foods Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Shivashrit Foods Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Shivashrit Foods Ltd. is ₹ 126.6 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Shivashrit Foods Ltd ? ›
The 52-week high and low of Shivashrit Foods Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
