About Shriram Food Industry IPO
Shriram Food Industry IPO Details
Shriram Food Industry IPO is a 100% book-built issue of 2.64 crore equity shares, which is a mix of a fresh issue of 2.12 crore equity shares and an offer for sale of 52 lakh equity shares with a face value of ₹10 each. The company filed its DRHP with SEBI on Sep 11, 2025.
The price band and official dates of subscription and listing will be announced by the company later, but the shares are supposed to be listed on the BSE and the NSE platforms. The book-running lead manager of the issue is Choice Capital Advisors Private Ltd., while the registrar to the issue is MUFG Intime India Private Ltd.
Shriram Food Industry IPO Date & Timeline
Shriram Food Industry Ltd. officially filed its DRHP with the market regulator on September 11, 2025. Currently, the exact Shriram Food Industry IPO date for the opening and closing of the subscription window has not been announced. The company will finalize the expected IPO launch timeline based on market conditions and regulatory approvals. These crucial bidding dates, along with the subsequent listing date, will be updated publicly once confirmed.
Shriram Food Industry IPO Timeline
| IPO Open Date | - |
| IPO Close Date | - |
| Tentative Allotment | - |
| Initiation of Refunds | - |
| Credit of Shares to Demat | - |
| Tentative Listing Date | - |
| Cut-off time for UPI mandate confirmation | - |
Shriram Food Industry IPO Details
| Detail | Description |
|---|---|
| IPO Date | - |
| Listing Date | - |
| Face Value | ₹ 10 per Equity Share |
| Issue Price Band | - |
| Lot Size | - |
| Sale Type | Fresh Issue and Offer for Sale (OFS) |
| Total Issue Size | Up to 2,64,00,000 Equity Shares |
| Reserved for Market Maker | - |
| Fresh Issue(Ex Market Maker) | Up to 2,12,00,000 Equity Shares |
| Offer for Sale | Up to 52,00,000 Equity Shares |
| Net Offered to Public | - |
| Issue Type | 100 % Book Built Offer |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 8,40,00,070 shares |
| Share Holding Post Issue | 10,52,00,070 shares |
Shriram Food Industry IPO GMP
“Grey Market Premium” or GMP is defined as the rate at which the IPO's shares are traded in the market before they are officially listed on the stock exchange.
The Shriram Food Industry IPO GMP is currently trading at ₹[.], reflecting the sentiment of unofficial investors before the official listing. This premium suggests a potential listing price of ₹[.], which is [.]% above the issue price. While the Grey Market Premium is a key indicator of demand and investor appetite, it is important to remember that GMP is highly volatile and should not be the sole factor in your investment decisions.
Company Background
Shriram Food Industry Ltd. was incorporated as Shriram Rice Udyog India Private Limited in 2014, the business later rebranded to Shriram Food Industry Pvt. Ltd. based in Nagpur, Maharashtra. The company is the agri-commodity arm of the globally diversified Greta Group. Over the past decade, it has evolved from a regional food processing unit into a recognized B2B exporter specializing in high-quality rice products for international markets.
Operations & Product Range
Shriram Food Industry Ltd. is functioning exclusively on the business-to-business (B2B) model and is also involved in the large-scale export of rice. The primary product offerings of the company include high-demand varieties such as Parboiled Rice, White Rice and 100% Broken Rice, in addition to high-end Basmati varieties. The operating model of the company is designed to cater to wholesale buyers in foreign countries.
Facilities & Capacity
The strength of Shriram Food Industry Ltd. is its integrated rice milling unit located in Nagpur, Maharashtra. The company has a modernized facility with an area of over 3.47 lakh square feet, which gives it easy access to the logistics routes. The company has automated machinery such as Sortex Automatic Color Sorting Machines, which helps it produce quality grains to meet the requirements of large-scale exports.
Brands & Market Presence
Shriram Food Industry Ltd. has established itself as a reliable B2B consignor in the market by leveraging the reliability of its delivery services rather than consumer-facing brands. The company derives the majority of its revenue from its strong export business, supplying rice to more than 30 countries in Asia, Africa, Russia and the Middle East. To enhance its credibility in the market, the company has critical certifications such as FSSAI, APEDA and US FDA approval.
Revenue Streams & Business Model
The primary source of revenue for Shriram Food Industry Ltd. is through the export trading of premium and non-premium varieties of rice. Their business model is largely dependent on developing long-term relationships with international B2B clients by continually benefiting from customized bulk packaging solutions. A significant feature of their business model is their high client retention rate. Their ability to execute large-scale international export orders is primarily responsible for their financial success.
Management & Shareholding
The strategic execution of Shriram Food Industry Ltd. is led by its promoter group, who are highly committed and consist of members such as Anup Ramavtar Goyal, Nitesh Chaudhari and Aman Anup Goyal, as well as corporate entities such as Orient Dealtrade Private Limited and Greta Industries Pte Limited. The promoter group had complete control over the company through 100% shareholding before the IPO. The promoters will continue to maintain control over the company through majority shareholding after the IPO.
Board & Key Management
The board of Shriram Food Industry Ltd. and the top management are responsible for the strategy of the organization, which is monitored by the core promoters. The directors, such as Nitesh Chaudhari, play an active role in managing the executive management and the international expansion. In order to maintain a strict corporate governance structure as a publicly listed company, the board will consist of non-executive independent directors with experience.
Shriram Food Industry IPO Financial Information
Latest Revenue
1,370.71
₹ Crore
Profit After Tax
42.76
₹ Crore
Net Worth
145.69
₹ Crore
Total Borrowing
222.36
₹ Crore
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Reserves & Surplus | Total Borrowing | |||
|---|---|---|---|---|---|---|---|---|---|
| Fiscal 2025 | 410.88 | 1,370.71 | 42.76 | 145.69 | 121.69 | 222.36 | |||
| Fiscal 2024 | 161.55 | 674.07 | 14.48 | 102.96 | 78.96 | 24.03 | |||
| Fiscal 2023 | 229.91 | 1,273.90 | 33.91 | 89.06 | 65.06 | 71.16 | |||
| Amount in ₹ Crore | |||||||||
Shriram Food Industry Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 34.39% |
| ROCE | 28.14% |
| Debt/Equity | 1.53 |
| RoNW | 34.39% |
| PAT Margin | 3.15% |
| EBITDA Margin | 5.41% |
| Price to Book Value | - |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 5.09 | [.] |
| P/E (x) | [.] | [.] |
Shriram Food Industry IPO Objectives
The company will utilize the Shriram Food Industry IPO proceeds for the following objectives:
- • Repayment or prepayment of debt
- • General corporate purposes
Shriram Food Industry IPO Review
Shriram Food Industry IPO presents an enterprise firmly positioned in the high-volume global agri-commodity sector. Being a pure B2B rice exporter, the company derives a direct benefit from the fact that India is one of the leading exporters of rice in the global market.
For FY25, the company has recorded a revenue from operations of ₹1,359.45 crore and profit after tax of ₹42.76 crore. The IPO proceeds will be used towards debt reduction, which will reduce finance costs and improve overall balance sheet liquidity.
The business is highly dependent on international markets, which makes it vulnerable to changes in foreign demand. In addition to this, the agricultural business makes the company vulnerable to changes in raw material prices, as well as weather and currency fluctuations. From the Shriram Food Industry IPO Review, it is evident that the company provides unique access to the international food chain, with adequate financial strength.
Conclusion
The Shriram Food Industry IPO provides investors an opportunity to invest in a company that is growing and has achieved a major milestone in its corporate history by successfully transitioning from a domestic miller to a global rice exporter. By consistently providing high-quality grains and attaining key global accreditations, the company has created a highly reliable B2B business model. The funds raised in this IPO will be used to retire debt to strengthen the balance sheet and to operate the business.
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Competitive Strengths
Established global footprint with export operations in over 30 countries worldwide.
Integrated trading operations with the backing of an advanced, automated milling facility.
Essential food safety accreditations, including US FDA approval, to access key markets.
Strong operational backing of the highly diversified Greta Group.
| Sr.no | Description | Date | File |
|---|---|---|---|
| 1 | SEBI/Exchange approval received | 30/12/2025 | - |
| 2 | Filed with SEBI/Exchange | 11/09/2025 | View DRHP |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 1 | — | ~₹14,000 - ₹15,000 |
| Individual investors (Retail) (Max) | 13-14 | — | Up to ₹2,00,000 |
| S-HNI (Min) | 14-15 | — | Over ₹2,00,000 |
| S-HNI (Max) | 66-70 | — | Up to ₹10,00,000 |
| B-HNI (Min) | 71+ | — | Over ₹10,00,000 |