Krishival Foods Rights Issue to Raise ₹100 Cr for Expansion in Nuts, Ice Cream, and FMCG Growth

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Krishival Foods Rights Issue

Krishival Foods Rights Issue dates are not finalized.

Incorporated in 2014, Krishival Foods is one of India’s fastest-growing FMCG companies, specializing in the processing of premium nuts and dried fruits. The company processes raw cashew nuts into flavored cashew kernels, including varieties such as salted, peppered, chili, and assorted flavors. It operates mainly under two consumer brands: “Krishival Nuts,” known for high-quality dry fruits including cashews, almonds, pistachios, and figs, and “Melt N Mellow,” an ice cream brand acquired in 2024 that expands its product portfolio and market reach, particularly in Western and Southern India.

The company sources raw materials like cashew nuts from Africa, Asia, and India and focuses heavily on product quality to cater to consumer preferences for healthy snacking. Krishival Nuts has penetrated over 102 Tier II and III cities, while its ice cream brand Melt N Mellow boasts over 25,000 retail points across Maharashtra, Karnataka, Goa, and Telangana. The company also has flagship retail outlets and a strong e-commerce presence on platforms like Amazon, Flipkart, Blinkit, Zepto, and Big Basket.

Krishival Foods Rights Issue Record Date

Promoters of Krishival Foods – Aparna Sujitbangar, Nana Prakash Mhaske, and Anant Pkulkarni

Krishival Foods Rights Issue Details

Krishival Foods Rights Issue DateComing soon
Krishival Foods Rights Issue PriceComing soon
Issue Size (in Shares)Coming soon
Issue Size (in INR)INR 100 crore
Issue EntitlementNA equity share for every NA equity share held on the record date
Terms of PaymentFully payable at the time of application
Krishival Foods Rights Issue Record DateComing soon
Face ValueINR 10 per share
Listing OnBSE, NSE

Krishival Foods Rights Issue Calculation

Krishival Foods Rights Issue PriceINR per share
Market Price on Rights Issue ApprovalINR per share
Dilution Factor (X)
Fair Value After Dilution at Prevailing PriceINR per share

Krishival Foods Financial Performance

 FY 2023FY 2024FY 2025
Revenue70.0103.0202.0
Expenses60.089.0181.0
OPM (%)15.013.010.0
Net Income7.09.014.0
ROCE (%)16.013.015.0
Figures in INR Crores unless specified otherwise

Krishival Foods Rights Offer Objectives

The net proceeds from the offer are proposed to be used for

  • Part-funding of capital expenditure for setting up a processing and packaging unit for cashews and other nuts at Kolhapur, Maharashtra – INR 25 crore
  • Part-funding the working capital requirements of the company – INR 50 crore
  • Funding of General corporate purposes

Krishival Foods Rights Offer Documents

Krishival Foods Rights Issue Dates

Rights Issue Approval DateComing soon
Rights Issue Record DateComing soon
Credit of Rights EntitlementComing soon
Rights Issue Opening DateComing soon
Last Date for Market RenunciationComing soon
Rights Issue Closing DateComing soon
Finalization of Basis of AllotmentComing soon
Rights Allotment DateComing soon
Credit DateComing soon
Listing DateComing soon

Krishival Foods Rights Offer Registrar

PURVA SHAREGISTRY (INDIA) PRIVATE LIMITED
Unit No. 9, Ground Floor, Shiv Shakti Industrial Estate,
J.R. Boricha Marg, Lower Parel (East) Mumbai-400011
Phone: +91 022-3522 0056
Email: [email protected]
Website: www.purvashare.com

Krishival Foods Contact Details

KRISHIVAL FOODS LIMITED
1309, Lodha Supremus Powai, Saki Vihar Road,
Opp. MTNL Office, Powai, Mumbai City, 400 072
Phone: +91 8779558264
Email: 
[email protected]
Website:
www.krishival.com

Krishival Foods Rights Offer FAQs

What is the Krishival Foods Rights Issue Price?

The issue price is INR per share.

What is the Krishival Foods Rights Issue entitlement ratio?

The eligible shareholders are offered NA equity share for every NA equity shares held on the record date.

What is the Krishival Foods Rights Issue Record Date?

The Record date is coming soon.

How to Apply in the Krishival Foods Rights Offer?

The best way to apply in the Krishival Foods Rights Offer is through Internet banking ASBA. You can also apply online through your stockbroker using UPI. If you prefer to make paper applications, fill up an application form and deposit the same to your broker.

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