ANNAPURNA SWADISHT LTD Share price

Annapurna Swadisht Limited was originally formed as Partnership Firm in the name of 'M/s Annapurna Agro Industries' through Partnership Deed dated November 27, 2015. Further, the Partnership Firm converted into Private Limited Company 'Annapurna Swadisht Private Limited' on February 11, 2022. Subsequently, Company got converted into a Public Limited Company and the name of the Company changed to 'Annapurna Swadisht Limited' on July 8, 2022. Promoters Mr. Ritesh Shaw and Mr. Shreeram Bagla were undertaking business of snacks and food products in the Annapurna Agro Industries. The Firm incorporated in the year 2015, and it is being able to established itself as a brand name in the Eastern India. Presently, the Company is manufacturer of snacks and food products, namely, Fryums, cakes, candys, namkeen, chips and Gohona Bori. The key raw materials include refined flour, palm oil, spices and laminates. Company use raw material of premium quality sourced from reputed local suppliers, to ensure the quality of products. Being a Bharat FMCG Company, it is one of the largest FMCG player in Eastern India and the fastest growing segment in Fryums, Cakes, Candies, Namkeen and Potato Chips. It sell more than 12 Lakh packets of products daily. Apart from this, it has a hub in Asansol with an constructed area of approx. 50,142 sq. ft. and at Manufacturing unit in Siliguri with an constructed area of approx. 35,000 sq. ft. The daily production capacity of the Asansol manufacturing unit is 15 MT of Fryums, whereas the daily production capacity of manufacturing unit at Siliguri is 10 MT of Fryums. In 2020, the Company installed fryers & packaging unit in Asansol unit. It launched first retail product Fryums. In 2021, the second manufacturing unit opened in Siliguri, West Bengal. The Company added potato chips, cakes, namkeen & candies to the product profile in 2021. The Company made an IPO of 43,22,000 Equity Shares by raising funds aggregating to Rs 30.25 Crore in September, 2022. Currently, Company has a two manufacturing unit, located at Asansol and Siliguri in West Bengal. The installed capacity of Asansol unit is 15 MT per day of 2 shifts and Siliguri unit is 10 MT per day of 2 shifts. It presently operate at ~100% in Asansol unit and at ~100% at Siliguri unit at the end of June 30, 2022. The Company launched the IPO by issuing 43,22,000 equity shares of face value of Rs 10 per equity by raising Rs 30.25 Cr through fresh issue in September, 2022. The Company expanded the distribution network to the Northeast in Odisha, Bihar and Jharkhand in 2022. Further, the Company ventured into Indian snacks and beverages division in 2023. Company acquired Madhur Confectioners Pvt. Ltd, a Indore based Company in January 2025. The Company operationalised new plants in Gurap and Dhulagarh, West Bengal, to increase production capacity for its portfolio, including namkeens, fryums, noodles and biscuits.