Himalaya Food Rights Issue dates 3 – 30 June 2025.
Himalaya Food International specializes in the production of a diverse range of food products, including mushrooms, French fries, frozen and fried potato items, appetizers, canned mushrooms, as well as Indian sweets and snacks. The company primarily serves the North American market through its affiliated entity, Himalaya International Inc. (operating as Global Food Trade), located in Cheyenne, Wyoming, USA. In the Indian domestic market, the company focuses on supplying both fresh and canned mushrooms.
Himalaya Food International manufactures its products at two key facilities located in Vadnagar, Gujarat, and Paonta Sahib, Himachal Pradesh. The Vadnagar facility is outfitted with advanced technology for mushroom cultivation and processing, with a current capacity of 30 metric tons per day—expandable to 50 metric tons through automation upgrades. It includes 180,000 square feet of insulated growing houses, enabling consistent, year-round production.
Promoters of Himalaya Food – Mr. Man Mohan Malik, and Mr. Sanjiv Kumar Kakkar
Table of Contents
Himalaya Food International Rights Issue Details
| Himalaya Food Rights Issue Date | 3 – 30 June 2025 |
| Himalaya Food Rights Issue Price | INR 13.80 per share |
| Issue Size (in Shares) | 2,89,36,442 Shares |
| Issue Size (in INR) | INR 39.93 crore |
| Issue Entitlement | 1 equity share for every 2 equity shares held on the record date |
| Terms of Payment | Fully payable at the time of application |
| Himalaya Food Rights Issue Record Date | 23 May 2025 |
| Face Value | INR 10 per share |
| Listing On | BSE |
Himalaya Food Rights Issue Calculation
| Himalaya Food Rights Issue Price | INR 13.80 per share |
| Market Price on Rights Issue Approval | INR 16.98 per share |
| Dilution Factor (X) | 1.5 |
| Fair Value After Dilution at Prevailing Price | INR 15.92 per share |
Himalaya Food Financial Performance
| FY 2022 | FY 2023 | FY 2024 | |
| Revenue | 62.59 | 68.37 | 46.69 |
| Expenses | 47.03 | 62.94 | 35.99 |
| OPM(%) | 24.86 | 7.94 | 22.92 |
| Net Income | 95.24 | (24.20) | 4.90 |
| ROCE (%) | 4.94 | 15.20 | 3.63 |
Himalaya Food Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- Part repayment of Secured loans (OTS amount) to Consortium of Banks
- Adjustment of unsecured loans against the rights entitlement of the Promoter & Promoter Group
- General corporate purposes
Himalaya Food Rights Offer Documents
- Himalaya Food Rights Issue Application Form
- Himalaya Food Letter of Offer
- Board Meeting Outcome
- Himalaya Food Draft Letter of Offer
- Rights Issue in 2024
Himalaya Food Rights Issue Dates
| Rights Issue Approval Date | 15 May 2025 |
| Rights Issue Record Date | 23 May 2025 |
| Credit of Rights Entitlement | 28 May 2025 |
| Rights Issue Opening Date | 3 June 2025 |
| Last Date for Market Renunciation | 25 June 2025 |
| Rights Issue Closing Date | 30 June 2025 |
| Finalization of Basis of Allotment | |
| Rights Allotment Date | |
| Credit Date | |
| Listing Date |
Himalaya Food Rights Offer Registrar
BEETAL FINANCIAL & COMPUTER SERVICES (P) LIMITED
3rd Floor, Beetal House, 99,
behind Local Shopping Centre, Madangir
Village, Madangir, New Delhi, Delhi 110062
Tel: 011-29961281-82
E-mail: [email protected]
Website: www.beetalfinancial.com
Himalaya Food Contact Details
HIMALAYA FOOD INTERNATIONAL LIMITED
118, 1st Floor, 12 Gagandeep Building Rajendra Place,
Central Delhi, New Delhi, Delhi, India, 110008
Phone: +91 011-45108609
Email: [email protected]
Website: www.himalayafoodcompany.com
Himalaya Food Rights Offer FAQs
What is the Himalaya Food Rights Issue Price?
The issue price is INR 13.80 per share.
What is the Himalaya Food Rights Issue entitlement ratio?
The eligible shareholders are offered 1 equity share for every 2 equity shares held on the record date.
What is the Himalaya Food Rights Issue Record Date?
The Record date is 23 May 2025.
How to Apply in Himalaya Food Rights Offer?
The best way to apply in Himalaya Food Rights Offer is through Internet banking ASBA. You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an application Form form and deposit the same to your broker.