Healthy Life Agritec Limited IPO
i. Healthy Life Agritec Limited incorporated in the month of November 2019, is engaged in the business of trading of Raw Milk in the state of Maharashtra and Live Chicken and Agro Products in the state of Maharashtra and Karnataka. The company procure raw cow milk from milk farmers in the State of Maharashtra, a significant cow milk producing region in India.
ii. Their direct procurement model enables them to control costs and ensure quality of the raw milk procured. They have engaged procurement partners, to co-ordinate the milk procurement process with milk farmers and supply Raw milk to milk wholesalers in the state of Maharashtra.
iii. In addition to Raw Milk, they also procure Poultry from Poultry Growers in the state of Maharashtra and Karnataka and supply poultry to Chicken Wholesalers in the state of Maharashtra and Karnataka.
iv. During 2021-22, The Company has sold 39.20 Lakhs litres of raw Cow Milk and 7.69 Lakhs Kgs of Live Chicken which contributes approximately 60.05% and 39.95% of total revenue of the Company. During 2020-21, The Company has sold 6.50 Lakhs litres of raw Cow Milk and 1.21 Lakhs Kgs of Live Chicken which contributes approximately 59.95% and 40.05% of total revenue of the Company.
- Organisation stability, Rich management experience and skilled team.
- Smooth flow of operations.
- Well-defined organizational structure.
- Existing Supplier Relationship.
- Quality Policy.
- Customer Centric Business Model.
- ISO Certifications.
- Comprehensive solution for logistics requirement.
Objects of the Healthy Life Agritec Limited IPO:
Healthy Life Agritec Limited IPO Details:
|Open Date:||Jul 13 2022|
|Close Date:||Jul 18 2022|
|Face Value:||₹ 10 Per Equity Share|
|Issue Size:||10 Cr.|
|Lot Size:||10000 Shares|
|Issue Price:||₹ 10 Per Equity Share|
|Listing At:||BSE SME|
|Listing Date:||Jul 26 2022|
Promoters And Management:
Financials of Healthy Life Agritec Limited IPO:
|Particulars (in Lakhs)||Mar-22|
|Cost of Materials Consumed||3,202|
|Change in Inventories||-22|
|Employee Benefits Expense||30|
|Profit before tax||112|
|Total Tax Exps||29|
|No. of shares||220.12|