Shivashrit Foods set to debut on NSE Emerge

Shivashrit Foods, a potato flakes producer primarily based in Aligarh will debut on NSE Emerge on Monday (September 1, 2025) after elevating ₹70.03 crore via its preliminary public providing (IPO). 

The firm is coming into its subsequent development part with an enlargement plan aimed toward constructing scale and tapping into rising demand for processed meals, it mentioned.

The IPO comprised a ₹61.29 crore contemporary situation and an ₹8.75 crore supply on the market. 

The proceeds will probably be used for capability enlargement, working capital and basic company functions. 

About ₹26.3 crore has been earmarked for brand spanking new manufacturing strains, a devoted potato flakes unit and investments in utilities resembling solar-powered turbines. 

Another ₹19 crore will go in direction of working capital to help execution of contracts, whereas the steadiness is reserved for basic company wants and situation bills.

The firm reported revenues of ₹105.85 crore in FY25, up 36% YoY. Profit after tax improved to ₹12.06 crore.

The firm which provides to snack producers lately forayed into the retail section with its Shree Aahar model.

Potato flakes, a important ingredient for snacks, ready-to-eat meals and bakery merchandise, are seeing accelerated adoption.

“Our affiliation with main meals giants resembling Haldiram’s, ITC and Balaji Wafers underlines the belief in Shivashrit’s high quality and consistency. The IPO offers us the assets to scale capability, diversify our portfolio and strengthen our place as a dependable companion to India’s meals processing ecosystem,” mentioned Nishant Singhal, Managing Director, Shivashrit Foods.

With a transparent enlargement technique and established demand drivers, the corporate is positioning itself as a long-term development story in India’s meals processing sector, he added.