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Mumbai (Maharashtra) [India], August 20: <\/strong>Shivashrit Foods Limited\u00a0(Shivashrit, The Company)\u00a0is manufacturer, supplier and exporter of potato flakes,\u00a0proposes to open its Initial Public Offering on Friday, August 22, 2025 aiming to raise\u00a0\u20b9\u00a070.03 Crore (At Upper Price Band),\u00a0with shares\u00a0to be listed on the NSE Emerge platform.<\/p>\n The issue size is 49,32,000 equity shares at a face value of\u00a0\u20b9\u00a010 each with a price band of\u00a0\u20b9\u00a0135 \u2013\u00a0\u20b9\u00a0142 Per Share.<\/p>\n Equity Share Allocation<\/strong><\/p>\n The net proceeds from the IPO will be used to partly finance the capital expenditure for the construction of the building, installation of plant and machinery (Potato Flakes Line Machine), utilities (boiler, ETP plant, power generator, solar panel), and other miscellaneous assets (\u201cExpansion Project\u201d), partly finance the working capital requirements for the Expansion Project, and for general corporate purposes. The anchor portion will open on August 21, 2025 and issue will close on\u00a0August\u00a026, 2025.<\/p>\n The Book Running Lead Manager to the Issue is Mark Corporate Advisors Private Limited, The Registrar to the Issue is\u00a0Maashitla Securities Private Limited.<\/p>\n Mr. Nishant Singhal, Managing Director of Shivashrit Foods Limited\u00a0<\/strong>expressed, \u201cWe are delighted to mark this milestone in our growth journey. Over the years, we have built our reputation as a manufacturer of premium-grade potato flakes, catering to the needs of food and snack manufacturers in both domestic and international markets, with a focus on consistent quality, innovation, and operational excellence.<\/p>\n The capital raised will enable us to significantly expand our manufacturing capabilities, integrate advanced technologies, and boost production capacity to cater to growing demand. This expansion will strengthen our competitiveness, open doors to new markets, and provide the foundation to diversify our product portfolio.\u201d<\/p>\n Book Running Lead Manager<\/strong>\u00a0<\/strong>Mark Corporate Advisors Private Limited<\/strong>\u00a0<\/strong>said, \u201cWe are glad to partner with Shivashrit Foods Limited in its IPO journey. Over the years, the company has established itself as a manufacturer of premium-grade potato flakes, serving food and snack manufacturers in India and overseas. With its commitment to quality, innovation, and timely delivery, the company has built strong relationships and a solid presence in both domestic and export markets.<\/p>\n India\u2019s processed food industry is growing rapidly, fuelled by urbanisation, rising demand for convenience foods, and export opportunities. The potato-based products segment is also expanding, driven by the snacks industry\u2019s growth and the preference for ready-to-eat and ready-to-cook products. This IPO will enable the company to expand capacity, adopt advanced technology, and strengthen supply capabilities\u2014positioning it for new markets, diversified products, and long-term growth.\u201d<\/p>\n If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":" Mumbai (Maharashtra) [India], August 20: Shivashrit Foods Limited\u00a0(Shivashrit, The Company)\u00a0is manufacturer, supplier and exporter of potato flakes,\u00a0proposes to open its Initial Public Offering on Friday, August 22, 2025 aiming to […]<\/p>\n","protected":false},"author":1,"featured_media":56674,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_rishi_post_view_count":53},"categories":[9],"tags":[674],"class_list":["post-56673","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-release","tag-pressrelease","rishi-post"],"rishi__cb_customizer_meta":"","comments_count":"0","_links":{"self":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/posts\/56673","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/comments?post=56673"}],"version-history":[{"count":0,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/posts\/56673\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/media\/56674"}],"wp:attachment":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/media?parent=56673"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/categories?post=56673"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/tags?post=56673"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n