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Shriram Food Industry IPO Details

Shriram Food Industry Limited filed its draft red herring prospectus with SEBI on 23 Sep 2025 and Sebi Approval received on 30 Dec 2025. Price band, lot size and issue dates are announced only after SEBI observations and the RHP filing.

Last updated

Stage
SEBI Approved
DRHP filed
23 Sep 2025
SEBI Approval
30 Dec 2025
Issue size
—
Board
Mainboard
Price band
TBA

Shriram Food Industry IPO status

Shriram Food Industry Limited filed its draft red herring prospectus (DRHP) with SEBI on and SEBI Approval received on . The issue can open only after SEBI issues its observations and the company files the RHP with the price band.

DRHP filed 23 Sep 2025
Days since filing 403
SEBI observation 30 Dec 2025
Price band TBA
Issue dates TBA

Share reservation by category

Category Shares Details
Qualified Institutions Not More Than 50% of the Net Issue
Retail Investors Not Less Than 35% of the Net Issue
Non-Institutional Not Less Than 15% of the Net Issue

Shriram Food Industry Limited financials

Between 31 Mar 2024 and 31 Mar 2025, Income rose from ₹674.07 Cr to ₹1,370.71 Cr, and profit after tax rose from ₹14.48 Cr to ₹42.76 Cr. The PAT margin for 31 Mar 2025 was 3.12%.

Period ended 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 410.88 161.55 229.91
Total Income 1,370.71 674.07 1,273.90
Profit After Tax 42.76 14.48 33.91
Net Worth 145.69 102.96 89.06
Total Borrowings 222.36 24.03 71.16

₹ in crore, as stated in the prospectus.

Key performance indicators

KPI Mar 2025 Mar 2024 Mar 2023
ROE % 34.39 15.08 47.08
ROCE % 28.14 17.00 34.91
Debt / Equity 1.53 0.23 0.80
RoNW % 34.39 15.08 47.08
Pat Margin % 3.15 2.17 2.69

Peer comparison

Company Face value P/E EPS (basic) EPS (diluted) RoNW NAV
Shriram Food Industry Ltd 10 — 5.09 5.09 34.39% 17.34
Sarveshwar Foods Ltd 1 27.62 0.27 0.27 9.66% 3.11
Chaman Lal Setia Exports Ltd 2 13.82 20.69 20.69 14.22% 147.46
GRM Overseas Ltd 2 36.12 10.10 10.10 16.02% 70.94
Notes

  1. P/E Ratio has been computed based on the closing market price of equity shares on NSE on September 04, 2025, divded by the EPS.

  2. Return on Net Worth (%) = Net Profit after tax as restated for the end of the fiscal divided by Average Net worth as at the end of the fiscal.

  3. Average net worth means the average of the net worth of current and previous Fiscal. Net worth means the aggregate value of the paid-up share capital and other equity.

  4. Net Asset Value per share = Net Worth at the end of the fiscal divided by weighted average no. of equity shares outstanding during the fiscal.

  5. The basic and diluted earnings per share for the Equity Shares of our Company has been presented to reflect the adjustments as per IndAs 33.

From the prospectus. P/E is shown as — when earnings are zero or negative, or not reported for the issuer before listing.

Objectives

The company intends to allocate the net proceeds from the offering to the following objectives.

Sr Objective Est Amt (₹ Cr.)
1 Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company from banks or financial institutions 70.00
2 General corporate purposes —
Total 70

About Shriram Food Industry Limited

Incorporated in 2014, the company operates on a business-to-business (B2B) model, primarily focusing on the export of rice to international markets. It is part of the Greta Group of companies, which has diversified business interests across sectors such as steel, scrap metal recycling, power generation, mineral exploration, and food processing.

Product Portfolio: The company offers a diverse range of rice varieties, including parboiled rice, white rice, and 100% broken rice. Its product portfolio also includes rice by-products such as rejection rice and rice bran, catering to the varied requirements of international buyers.

Business Model: The company operates through two principal business models:

  • Trading of Processed Rice: Procures fully processed rice from third-party processors and supplies it to international buyers.

  • In-house Processing: Procures paddy or raw rice and processes it at its own facility to meet specific customer requirements relating to quality, grain size, and packaging.

Revenue and Export Markets: The company derives the majority of its revenue from exports, with key markets spanning Asia, Africa, Russia, and the Middle East. It has established an international distribution network, exporting rice to more than 33 countries.

Packaging and Export Operations: The company primarily exports rice in bulk under third-party labels, offering flexible packaging options to meet diverse customer requirements. These include one-side metallic bags, one-side BOPP bags, both-side BOPP bags, jumbo bags, polypropylene (PP) woven bags or sacks, and white bags.

During Fiscal 2025, the company exported over 250,253.74 metric tonnes of rice, highlighting its export-oriented business model and substantial presence in the international rice trade.

Promoters

  1. Anup Ramavtar Goyal
  2. Nitesh Chaudhari
  3. Aman Anup Goyal
  4. Orient Dealtrade Pvt Ltd 
  5. Greta Industries Pte Ltd

Contact details

Shriram Food Industry Ltd.
S.No.181/2, 182/1A, 182/2, Marodi,
Mauda Tahsil, Nagpur
Nagpur, Maharashtra, 441104
Phone: +91 71229 97067
Email: cs@shriramfood.com
Website: http://www.shriramfood.com/

Shriram Food Industry IPO FAQs

Has Shriram Food Industry IPO filed for an IPO?
Shriram Food Industry Limited filed its draft red herring prospectus (DRHP) with SEBI on 23 Sep 2025.
When will the Shriram Food Industry IPO open?
Issue dates are announced after SEBI observations and the RHP filing. They are not available yet.
What is the Shriram Food Industry IPO price band?
The price band is announced a few days before the issue opens. It is not available yet.

Details are from the draft prospectus and can change in the final RHP. This is not investment advice.