Incorporated in 2006, Jhandewala Foods Ltd is Jaipur Rajasthan based manufacturer of food products including Ghee and Mangodi. Company is also engaged in the marketing of Poha, Saffron and Dalia. These products are marketed under its own brand name "Naman's" and "Godhenu".
Jhandewala Foods is certified by Food Safety and Standards Authority of India (FSSAI) for the quality management systems. Company's manufacturing unit is located at Jaipur, Rajasthan. Company has employed 84 employees.
Jhandewala Foods brands and range of products:
1. Naman's - Naman's Desi Ghee, Naman's gold ghee, Mangodi (a traditional dish made of green grams & black eyed peas), Poha (flattened rice), Naman's Kesar and Naman Daliya.
2. Godhenu - Godhenu Cow Ghee.
Promoters of the company include Raakesh B. Kulwal and Jinko Devi Koolwal. As on Dec 19th, the Promoters of the company hold 5,375,406 Equity Shares representing 73.13% of the issued and paid-up Equity Share capital of the Company.
The objects of the Issue are:
1. Funding of working capital requirements of the Company
2. Issue Expenses
»» Issue Open: Dec 29, 2017 - Jan 4, 2018
»» Issue Type: Fixed Price Issue IPO
»» Issue Size: 2,910,000 Equity Shares of Rs 10 aggregating up to Rs 16.01 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 55 Per Equity Share
»» Market Lot: 2000 Shares
»» Minimum Order Quantity: 2000 Shares
»» Listing At: BSE SME
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