Annapurna Swadisht Limited

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Annapurna Swadisht Limited

September 15, 2022 – September 19, 2022

Price ₹70 - ₹70
Premium ₹46
Lot size 2000
Allotment Sep 23, 2022
Listing Sep 27, 2022

Address

Annapurna Swadisht Limited
90, Phears Lane,
Unit No. 604, 6th floor,
Kolkata- 700012
Phone: + 91 33 46032805
Email: cs@annapurnasnacks.in
Website: http://www.annapurnasnacks.in/

Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Address: Skyline Financial Services Private Ltd D-153A, 1st Floor, Okhla Industrial Area, Phase-I, New Delhi -110020
Subscription
Investor CategorySubscription (times)
Qualified Institutions18.34
Non-Institutional Buyers301.13
Retail Investors225.53
Employees[.]
Others[.]
Total133.43
About
Category Lot(s) Qty Amount Reserved
Retail 1 2000 140000 0
HNI 2 4000 280000 0

Incorporated in 2015, Annapurna Swadisht Limited is a manufacturer of snacks and food products, namely, Fryums, cakes, candy, namkeen, chips and Gohona Bori.

Annapurna Swadisht Limited sells more than 12 Lakh packets of products daily. The company is one of the largest FMCG players in Eastern India and we are the fastest growing segment in Fryums, Cakes, Candies, Namkeen and Potato Chips.

Annapurna Swadisht Limited has two manufacturing units one in Asansol with a constructed area of approx. 50,142 sq. ft. and in Siliguri with a constructed area of approx. 35,000 sq. The daily production capacity of the Asansol manufacturing unit is 15 MT of Fryums, whereas the daily production capacity of the manufacturing unit at Siliguri is 10 MT of Fryums.

The company's products are marketed under the own brand names Jackpot, Chatpata Moon, Balloon, Finger, Rambo, Makeup Box, Dhamaka, Phoochka, Jungle Adventures, Ringa, Bachpan Ka Pyaar, Kurchure, Cream Filled Cake Vanilla, Cream Filled Cake Litchi, among others.

Annapurna Swadisht Limited has been certified by Food Safety and Standards Authority of India (FSSAI) for the quality management systems of our Company about our products.

As of the Red Herring Prospectus, the company has employed 235 employees including administrative staff, skilled, semi-skilled and unskilled labour and has 225 employees on a contractual basis as of July 31, 2022. As of June 30, 2022, The company's distribution network included 300 nos. of Distributors and 80 Super Distributors.

Strengths:

  • Availability of raw materials.
  • Low wage labour availability.
  • Good transportation system.
  • Brand image.
Company Financials
Annapurna Swadisht Limited Financial Information (Restated)
PeriodAssetsRevenueProfit
31-Mar-20435.881374.5534.29
31-Mar-211144.492029.9951.13
11-Feb-222819.954922.04185.51
31-Mar-223082.611183.4255.39
30-Jun-225028.452905.63130.93
Amount in ₹ Lakhs

Strength

Weakness