Annapurna Swadisht Limited is an India-based company that deals in Fast-Moving Consumer Goods (FMCG) sector. Its portfolio mainly includes ready-to-eat packaged snacks and food products, such as cupcakes, sugar candies, salted chips, jams, noodles, and namkeens. The company, incorporated on 2 February 2022, has a market capitalisation of Rs 220 crore as of 11 October 2022. The company has its registered office in Kolkata, West Bengal, and two manufacturing units in Jalpaiguri and Asansol.
The company floated its IPO in September 2022 and is now registered on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). The NSE code of the company is ANNAPURNA, whereas the BSE code is 535477. The face value of each equity share of the company is Rs 10.
Annapurna Swadisht Limited sells its products pan-India under various brand names, including Jackpot, Chatpata Moon, Finger, Rambo, Balloon, Dhamaka, Phoochka, Jungle, Kurchure, Malai Pop, Imli Pop, Kaju Candy, Coffico, Gram Gathiya, Diet Chidwa, and Gram Masala Muri, among others. The company has certification from the Food Safety and Standards Authority of India (FSSAI) to sell its products in the country. As per the DRHP filed by the company, it has 235 employees, 300 distributors, and 80 super distributors across India.
The shareholding pattern of the company revealed a 51.85% stake of promoters, a 43.20% stake of retail investors and others, a 4.55% stake of Foreign Institutional Investors (FIIs), and a 0.39% investment in mutual funds. The net sales figure of the company for the quarter that ended in June 2022 stood at Rs 29.00 crore, and the operating profit was Rs 2.23 crore. The company was founded and promoted by Mr Ritesh Shaw, and its Board of Directors includes Mr Shreeram Bagla, Mr Rajesh Shaw, Mr Sumit Sengupta, Mr Chandan Ghosh, Mr Sandip Maity, and Dr Hitu Gambhir Mahajan.
On 12 October 2022, Annapurna Swadisht Limited share price touched its 52-week high at Rs 141 per share, while its 52-week low was Rs 109.30. The share has provided an annualised return of 6.35% since its inception. As of 11 October 2022, the PE ratio and PB ratio of the company stood at Rs. 66.34 and 0.24, respectively.
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