**Shivashrit Foods Limited** is an Indian company specializing in the manufacturing, supplying, and exporting of premium-grade potato flakes, widely used in ready-to-eat meals, snack foods, and various processed food products. Established on August 23, 2017, as Shivashrit Foods Private Limited, the company transitioned to a public entity on October 4, 2024. Its manufacturing facility, located in Aligarh, Uttar Pradesh, features state-of-the-art technology sourced from Tummers Food Processing Solutions, Netherlands, ensuring high-quality production standards.
The company procures its primary raw material, potatoes, directly from farmers, third-party suppliers, and traders, leveraging a robust network that enables consistent quality and supply. Approximately 80%-90% of its annual potato requirements are secured during the peak harvesting season from December to March. Shivashrit Foods began production in 2018 with an initial installed capacity of 14.4 metric tons per day. In FY 2023-2024, it successfully doubled its production capacity to 28.8 metric tons per day, with expanded operations commencing in July 2022.
Shivashrit Foods is planning an Initial Public Offering (IPO) comprising 49,32,000 equity shares at ₹10 each. This includes a fresh issue of 43,16,000 equity shares and an offer-for-sale of 6,16,000 shares. The capital raised will support its growth initiatives, enabling it to capture more market share in the processed and convenience food segment. With its focus on innovation, efficient supply chain management, and high production capacity, the company is positioned for additional expansion in domestic and international markets.
For traders, Shivashrit Foods offers a compelling opportunity, backed by industry expertise, advanced processing technology, and increasing demand for potato-based products, combined with its solid operational history and recent capacity upgrades.
