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* - Tentative Dates
The Company proposes to utilize the Net Proceeds to:
| Period Ended | 31 Mar 2024 | |||||||||
| Assets | 54.86 | |||||||||
| Revenue | 78.29 | |||||||||
| Profit After Tax | 7.03 | |||||||||
| Net Worth | 23.99 | |||||||||
| Reserves and Surplus | 16.85 | |||||||||
| Amount in ₹ Crore | ||||||||||
Srivari Spices And Foods Limited was founded in January 2019. The company is engaged in the production of spices and food products (chakki atta) and markets and sells them in and around Telangana and Andhra Pradesh. The raw materials are harvested by hand in different parts of the country and processed with utmost care without any artificial preservatives or chemicals. The result is a product portfolio of organic spices and flour that carries the freshness and goodness of each ingredient.
The unique business model has helped us penetrate the niche segment of the market and build a customer base in and around Telangana and Andhra Pradesh.
The company follows two models: one is direct to customer (“D2C”), where products are delivered directly to the customer's doorstep through around 15,000 retail outlets. On the other hand, the company also operates in the business-to-business (“B2B") segment, where it supplies its products to suppliers.
