₹39.93 Crores | Listing at BSE | Tue, Jun 3, 2025 - Wed, Jul 2, 2025
Himalaya Food International Ltd Rights Issue comprises 2.89 Cr equity shares aggregating to ₹39.93 Cr, offered at an issue price of ₹13.8 per share with a face value of ₹10 per share.
The record date for determining eligible shareholder is May 23, 2025, with the Rights Issue being offered in the entitlement ratio of 1 : 2.
The term of payment is defined as following : The entire issue price of Rs 13.80 will be payable at the time of application.
The Rights Entitlements are expected to be credited to eligible demat accounts on .
The Rights Issue opens on Jun 3, 2025, and closes on Jul 2, 2025, with renunciation of Rights Entitlements permitted up to Jun 25, 2025.
The deemed date of allotment is [.] following which the equity shares are expected to be credited to demat accounts on and listed at the BSE on [.].
Beetal Financial & Computer Services Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Himalaya Food International Ltd Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Fri, May 23, 2025
Entitlement Ratio
1 : 2
Open Date
Tue, Jun 3, 2025
Close Date
Wed, Jul 2, 2025
The entire issue price of Rs 13.80 will be payable at the time of application.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 208.06 | 223.04 |
| Revenue | 47.25 | 97.51 |
| Profit After Tax | 4.90 | -24.20 |
| Net Worth | 0.00 | 0.00 |
| Reserves and Surplus | 0.00 | 0.00 |
| Total Borrowing | 0.00 | 0.00 |
| Amount in ₹ Crore | ||
Established in 1979, Himalaya Food International Ltd is an Indian company specialising in producing frozen and canned vegetarian food products. The company has grown from a small unit into a significant player in the food processing industry.
It operates two ISO 22000 certified facilities in North and West India, producing a variety of products including mushrooms, French fries, potato products, appetizers, speciality cheese and butter, canned goods, ice cream, Indian breads and curries, as well as sweets and samosas.
The company exports a wide range of frozen and canned food products to North America, Europe, and the Middle East countries. Their products are especially popular among health-conscious consumers and the vegetarian and vegan communities.
The proceeds of the Issue are proposed to be utilized by the company for financing the following objects:
[Dilip Davda] HFIL is engaged in the production and marketing of products like Mushrooms, French Fries, Fried and Frozen Potato products, Indian Sweets and snacks. It was classified as NPA in Marcy 2018.19, and got OTS approval in April 2025. It is a liability of Rs. 43 cr. with a consortium of banks and has to clear the same by September 30, 2025. It posted mega loss for FY23 and some profits for FY24. However, its FY25 financial data is missing from offer document. Let the dust settle and slate turned clear, till then, it’s a risky bet. There is no harm in skipping this “High Risk/Low Return” pricey bet. Read detail review...
Himalaya Food International Rights Issue 2025 got subscribed by 0.42 times by the end of the bidding period with total bid quantity received by BSE of 1,22,33,721 shares. Check Day by Day Subscription Details (Live Status)
| Date | BSE Bid Quantity | Subscription Times |
|---|---|---|
Jul 02 2025 17:00:00 | 1,22,33,721 | 0.42x |
Himalaya Food International Ltd
118, 1st Floor
12 Gagandeep Building Rajendra Place
Central Delhi, New Delhi- 110008
Central Delhi, New Delhi, 110008
Beetal Financial & Computer Services Pvt.Ltd.
The Himalaya Food International Rights Issue 2025 opens on Tue, Jun 3, 2025, and closes on Wed, Jul 2, 2025.
Himalaya Food International Rights Issue 2025 Schedule
| Last Date for credit of Rights Entitlements | Fri, Jun 13, 2025 |
| Last Date for renunciation of Rights Entitlements | Wed, Jun 25, 2025 |
| Issue Opening Date | Tue, Jun 3, 2025 |
| Issue Closing Date | Wed, Jul 2, 2025 |
| Date of Allotment (on or about) | |
| Date of Credit (on or about) | |
| Date of Listing (on or about) |
You can apply for Himalaya Food International Rights Issue 2025 in two ways:
Steps to apply for Himalaya Food International Rights Issue 2025 using Net Banking (ASBA)
Steps to apply for Himalaya Food International Rights Issue 2025 using Registrar's website (R-WAP)
