Waterbase Ltd, a leading entity in the Indian aquaculture industry, was established in 1987 and operates from Nellore, Andhra Pradesh. As part of the Thapar Group, the company specializes in manufacturing and selling shrimp feeds, shrimp aquaculture, and shrimp hatchery. In 1993, it commissioned a fully integrated aquaculture unit in collaboration with Luxe Enterprises, Taiwan, funded partly by public equity issues. Waterbase has enhanced its production capacity over the years and installed advanced technologies like blast freezers to expand its processing capabilities.
The company exports to major markets, including Japan, the USA, and the Middle East, with European Union and US FDA approvals underscoring its commitment to high-quality standards. It has launched several successful products, including shrimp feeds under the 'Supreme' and 'Magnum' brands, and expanded its feed mill capacity. Despite facing financial challenges, Waterbase has strategically adjusted its balance sheet and realigned under the Thapar Group's family settlement. The acquisition of Pinnae Feeds Ltd. and Saatatya Vistaar Oorja Bengaluru Private Limited further strengthens its market position.
