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* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Offer |
| Retail Shares Offered | Not less than 35% of the Offer |
| NII Shares Offered | Not less than 15% of the Offer |
MEIR Commodities India Limited, established in 2018, is a leading company in global agricultural commodities trading.
The company focuses on sourcing, processing, trading, and distributing products like sugar, khandsari (unrefined sugar), and coriander. MEIR Commodities operates in regions like Asia, Europe, and Africa, using its expertise to improve supply chains worldwide.
In the six-month period ending September 30, 2024, the company sourced products from 63 suppliers. Over the past few years, they have worked with 72 suppliers in 2023, 49 in 2022, and 93 in 2021. More than 20 of these suppliers have been working with MEIR Commodities for over two years.
The company imports from seven countries, including South Africa, Russia, Tanzania, UAE, Canada, Netherlands, and Singapore.
As of January 31, 2025, MEIR Commodities has 24 employees.
The company has one operational manufacturing unit managed by its subsidiary, SSAIL. This facility is located in Village Todarpur, District Saharanpur, Uttar Pradesh, covering a land area of 58,72,681.88 Sq. ft.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements of the Company. | 487.50 |
| 2 | General corporate purposes. |
| Period Ended | 30 Sep 2024 | 31 Mar 2024 |
|---|---|---|
| Assets | 333.88 | 427.58 |
| Total Income | 559.09 | 921.54 |
| Profit After Tax | 2.27 | 7.87 |
| NET Worth | 104.42 | 82.98 |
| Total Borrowing | 129.08 | 123.29 |
| Amount in ₹ Crore | ||
| KPI | |
|---|---|
| ROE | 11.95% |
| ROCE | 8.18% |
| Debt / Equity | 1.60% |
| RoNW | 12.44% |
| PAT Margin | 0.86% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| Promoter Holding | 99.6% |
