Gujarat Peanut & Agri Products Ltd IPO

About Gujarat Peanut & Agri Products Ltd

Our Company was originally incorporated as a Private Limited Company in the name of Gujarat Peanut Products Private Limited on October 14, 2005 under the provisions of Companies Act, 1956 bearing Corporate Identification Number U15490GJ2005PTC046918 issued by Registrar of Companies - Gujarat, Dadra and Nagar Haveli. Subsequently, our company was converted into Public Limited Company under the Companies Act, 2013 and the name of our Company was changed to Gujarat Peanut Products Limited vide a fresh Certificate of Incorporation consequent upon conversion from Private Company to Public Company dated June 26, 2024 bearing Corporate Identification Number U15490GJ2005PLC046918 issued by Registrar of Companies - Gujarat. The name of our Company was further changed to Gujarat Peanut and Agri Products Limited vide a fresh Certificate of Incorporation dated November 12, 2024 issued by the Registrar of Companies, Central Processing Centre.

In India, agriculture is the primary source of livelihood for 55% of the population. Factors contributing to the sharp growth in demand for processed foods include increasing urbanization, increasing disposable incomes, changing spending patterns/ priorities, the emergence of nuclear families, and the growing need for convenience foods in dual-income nuclear families. The Indian food processing industry accounts for 32% of the country's total food market, one of the largest industries in India and is ranked fifth in terms of production, consumption, export and expected growth. Foodgrain production in India touched 330.5 million metric tonnes (MT) in 2022-23 (3rd Advance Estimate).

Established in 2005, Gujarat Peanut and Agri Products Limited is involved in cleaning, grading, processing, sorting, and trading of wide range of agricultural products. The company operates across 13 Indian states and exports to countries like UAE, China, Thailand, Indonesia, Iraq, Iran, Poland, Kosovo, Lebanon. Their offerings include various peanut products, seeds, spices, pulses and oils in different grades and qualities. Our company operates a manufacturing facility spanning 68,607 sq. ft. in Rajkot, Gujarat, strategically located for easy access to raw materials and transportation, supports their extensive product portfolio and enables them to meet diverse domestic and international market demands.

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