Annual General Meeting 2015
60 times over subscribed. Best debut in terms of the listing premium in the last 5 years. Total amount raised – Rs 228 Crore.
Expanding Warehouses and Pallets Setting up our own Processing Units
Capacity of each pallet: a ton of merchandise. Current capacity as of FY14 : 61,543 pallets. Future capacity by the end of FY15: 90,000 pallets.
WAREHOUSES SPREAD ACROSS ALL INDIA
Food Processing Industry is expected to grow at more than 17% in the next 3 years. Demand for off-season fruits and vegetables and increase of quick service and other restaurant formats.. Acquiring 2 Bangalore-based startups- QSR.
Started a processing center at our warehouse in Hyderabad. Future Expansion in major states like Uttar Pradesh & West Bengal
Major Challenges: Delivery window for each client different Ban on trucks in peak hours Fluctuating Fuel Price Major operating costs: Transportation Fuel
370 Reefer vehicles - 63 owned and 307 leased Vehicle load ranges from tonnes GPS enabled for real time tracking and data logger
22 temperature controlled warehouses are ISO 22000: 2005 Certified 18 temperature controlled warehouses are ISO 14001: 2009 Certified
Total Investment Required : Rs. 250 Crores Sources of Funding: Source% of Total Invst.Amount (Cr.) Company’s Fund15 %37.5 NABARD15 % %) Right Issue70 %175
No. of shares (issuing): 3.5 Cr. Offer Price: Rs. 50 This issue is for two for 5 Rights Issues Discount % : 41 % against Rs. 85.3
CRISIL Research: Graded 4/5 Reputed Promoters Low Debt : Equity Ratio: Pre- IPO – 0.5x Post-IPO – 0.1x High Revenue Generation Indian Cold Chain Industry: Growth Rate: 15 – 17 % CAGR Established Client Base Growth Rate of Food Processing Industries: 17 %