Simran Agrovet Limited, a major player in the poultry industry based in Indore, announces its Initial Public Offering (IPO) to fuel strategic expansion. The ₹86 crore IPO marks a significant growth milestone, with plans to utilize proceeds for facility expansion, working capital, and corporate needs.

Simran Agrovet Limited Launches Major IPO in Poultry Sector

Simran Agrovet Limited Announces Initial Public Offering (IPO)

Indore-based Simran Agrovet Limited has made headlines with the announcement of its Initial Public Offering (IPO), marking a significant milestone in the company's journey.

The firm has been a prominent player in the poultry industry, offering a wide range of services from feed manufacturing to marketing poultry products.

Key Highlights of the IPO:

Issue size projected at ₹86 crore
Funds raised to support establishment of new breeding and hatchery facilities
Expansion of feed mill capabilities
Meeting other corporate needs

About Simran Agrovet Limited

Promoted by the Bhatia family, Simran Agrovet capitalizes on the rising demand for organized poultry products.

As the industry witnesses a surge in protein consumption, Simran Agrovet is strategically positioned to leverage these trends and gain a competitive edge.

Industry Insights: The poultry industry is witnessing a significant growth due to the increasing demand for protein-rich food products.

Competitive Edge: Simran Agrovet's comprehensive involvement in the poultry industry, from feed manufacturing to marketing poultry products, is a key factor in its success.