Shivashrit Foods Limited
Shivashrit Foods Limited is manufacturer, supplier and exporter of potato flakes, proposes to open its Initial Public Offering on Friday, August 22, 2025 aiming to raise ₹ 70.03 Crore (At Upper Price Band), with shares to be listed on the NSE Emerge platform. The issue size is 49,32,000 equity shares at a face value of ₹ 10 each with a price band of ₹ 135 – ₹ 142 Per Share.
- Issue Opens: August 22, 2025
- Issue Closes: August 26, 2025
- Face Value: Rs 10 each
- Price Band: Rs 135 – 142 per share
- Lot Size: 1000 Shares
- Listing: NSE EMERGE
The net proceeds from the IPO will be used to partly finance the capital expenditure for the construction of the building, installation of plant and machinery (Potato Flakes Line Machine), utilities (boiler, ETP plant, power generator, solar panel), and other miscellaneous assets (“Expansion Project”), partly finance the working capital requirements for the Expansion Project, and for general corporate purposes. The anchor portion will open on August 21, 2025 and issue will close on August 26, 2025.
The Book Running Lead Manager to the Issue is Mark Corporate Advisors Private Limited, The Registrar to the Issue is Maashitla Securities Private Limited.
India’s processed food industry is growing rapidly, fuelled by urbanisation, rising demand for convenience foods, and export opportunities. The potato-based products segment is also expanding, driven by the snacks industry’s growth and the preference for ready-to-eat and ready-to-cook products.
Shivashrit Foods Limited is a leading manufacturer of premium grade potato flakes, widely used in ready to eat meals, snack foods, and processed food products. Its product portfolio is carefully designed to meet the specific requirements of both domestic and international food manufacturers, offering consistent quality and a long shelf life. The company owns three brands, Shivashrit, Shree Aahar and Flaker’s, with B2B product primarily marketed under the Shivashrit name and B2C product primarily marketed under the Shivashrit Shree Aahar.
Since its inception, Shivashrit Foods has operated on a B2B business model, supplying high quality potato flakes to industrial clients in the food and snacks industry across India and overseas. The company’s state of the art potato processing and manufacturing facility, located in Aligarh, Western Uttar Pradesh, is fully equipped for large scale production, ensuring efficiency, quality control, and timely delivery. In FY25, The Company achieved a Revenue of ₹ 10,469.34 Lakhs, Operating EBITDA of ₹ 2,309.66 Lakhs & PAT of ₹ 1,205.50 Lakhs.
Classic Electrodes (India) Limited
Classic Electrodes (India) Limited, a leading manufacturer of welding electrodes and MIG wires, announced the launch of its Initial Public Offering to raise Rs 4,150 lakhs through the issuance of 47,71,200 fresh equity shares.
The IPO will open for subscription on Friday, August 22, 2025, and close on Tuesday, August 26, 2025. The price band has been fixed at Rs 82 to Rs 87 per equity share. Post issue, the shares will be listed on the NSE EMERGE platform, with a tentative listing date of Monday, September 01, 2025.
- Issue Opens: August 22, 2025
- Issue Closes: August 26, 2025
- Price Band: Rs 82 – 87 per share
- Lot Size: 3200 Shares
- Allotment: August 29, 2025.
- Listing: NSE EMERGE
The funds raised will be utilized for: Capital expenditure towards purchase of plant and machinery, Repayment of certain outstanding borrowings, Funding working capital requirements and General corporate purposes.
Individual investors can apply with a minimum lot size of 3,200 shares (2 lots), requiring an investment of Rs 2,78,400 at the upper price band. For HNIs, the minimum application is 4,800 shares (3 lots), requiring Rs 4,17,600 at the upper price band.
Founded in 1997, Classic Electrodes (India) Limited operates two state-of-the-art manufacturing units in West Bengal and Haryana, with combined installed capacity of 10,608 MT of electrodes and 8,600 MT of MIG wires annually. The company caters to diverse, capex-driven industries including infrastructure, power, railways, automotive, shipbuilding, renewables, and defence.
The company is also foraying into flux-cored wire production with an annual capacity of 2,000 MT, becoming the first in Eastern India to do so, and is investing strategically in automation to enhance productivity and scalability. It has already invested over Rs 855 lakhs in CAPEX from internal accruals, and an additional Rs 147.49 lakhs from IPO proceeds has been earmarked for machinery acquisition.
Classic Electrodes (India) Limited holds multiple industry certifications, enabling it to participate in various projects, including: RDSO registration for different grades of electrodes & MIG wires; BIS certification from Bureau of Indian Standards; Indian Register of Shipping approval for welding consumables used in ship construction; ISO certifications
With its strong industry positioning, expanding capacity, and focus on high-growth sectors, Classic Electrodes (India) Limited is well-poised to deliver sustainable growth and value creation post listing.
