Shanthala FMCG Products Ltd, originally established as Shanthala Traders Private Limited in 2014, has evolved into a public limited company as of July 2023. It operates primarily in the FMCG sector, distributing branded packaged foods, personal care, stationery, and various other consumer goods in Coorg, Karnataka. The company has a longstanding history dating back to 1996 when it started as a proprietorship firm, engaging with both national and international consumer product companies.
Currently, Shanthala FMCG Products Ltd is focused on expanding its supply and distribution network across the Coorg district. In a strategic move to raise capital, the company is proposing a public offer of 17,66,400 equity shares, aiming to generate Rs 16.07 Crores through a fresh issue. This initiative indicates their intention to scale operations and enhance their market presence in the region.