Incorporated in 1997, Sita Shree Food Products Limited is in the business of wheat and pulse processing. The manufacturing unit of the Company is located in the city of Indore on approx. 2.5 acres of land which is connected with major cities like Nagpur and Ahmedabad by roads.
The product portfolio of the Company consists of Wheat Flour, Maida, Rawa, Daliya, Suji, Chana Dal etc. These products are marketed under its own brand like “Sita Shree Regular” and “Sita Shree Gold”. The Company now proposes to set up a solvent extraction plant, a Lecithin plant and one additional flour mill to cater to the increasing demand. The proposed project will be set up at Badiakima, Indore, just 8 km away from existing location.
Company achieved a turnover of Rs. 8074.17 lacs during the year ended on 31/03/2007. Presntly the Company is supplying its products to major players in retail industry such as Pantaloon Retail and Reliance Retail. Other clients are Satnam Overseas, Sumermal Surana Traders, Kavita Trading Company, Kishanlal and Sons, Bhavanji Thakarshi and Company, Manilal Shyamji, Shyam Marketing, Raghuram Enterprises & Sondurga Sales etc.
Objects of the Issue:
- The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to:
- Meet general corporate purposes;
- Meet expenses of the Issue in order to achieve the benefits of listing on the Stock Exchanges.
Sita Shree Food Products Limited IPO Information
»» Public Issue Open: March 10, 2008 to March 14, 2008
»» Public Issue Type: 100% Book Built Issue (Initial Public Offer IPO)
»» Public Issue Size: [ ] Equity Shares of Rs. 10/-
»» Face Value: Rs. 10/-
»» Public Issue Price: Rs 27/- to Rs 30/-
»» Maximum Subscription Amount for Retail Investor: Rs 100,000/-
»» Listing: BSE, NSE
»» Lead Manager: Keynote Corporate Services Ltd
»» Registrar: Ankit Consultancy Pvt Ltd (Ph: +91-731-2491298 Email: ankitind@sancharnet.in)
No comments:
Post a Comment