Elfin Agro India Share Price

Elfin Agro India Limited was originally incorporated as a Private Company as Ravija Sulz Private Limited on July 28, 2009,with the Registrar of Companies, Rajasthan. Subsequently the name of company was changed to Elfin Agro India Private Limited on June 05, 2012. The status of the Company got converted into a Public Limited, resulting in a name change to Elfin Agro India Limited vide a fresh Certificate of Incorporation, issued by the Central Processing Centre.Company was originally incorporated with the primary objective of undertaking textile business activities. Subsequently, in 2012, Company strategically ventured into the food processing industry. The business was initially been run by the founding promoters of the Company. The Company established a Flour Processing Unit at Bhilwara in 2013.Thereafter, in 2019, the management and control of the Company were acquired by the Daga Family. Presently, the business operations of the Company are efficiently managed and overseen by the Daga family, in steering the Companys growth within the food processing industry.The Company subsequently commenced the production of Dal Mill in FY 2021. The Mustard Oil Processing Unit at Bhilwara was installed in FY22. The installed capacity of Flour Processing Unit attained from 36,500 MTPA to 47,450 MTPA in 2023. At present, Company is engaged in manufacturing of Chakki Atta (High fibre whole wheat flour), R Atta (Refined whole wheat flour), Tandoori Atta (Specialized flour), Sooji (Semolina flour), Maida (Refined Flour) and yellow mustard oil. It operate two manufacturing units at Bhilwara, Rajasthan. It sell processed wheat flour under our brand Shiv Nandi and ELFINS Shri Shyam BHOG to wholesalers and retailers across Rajasthan, Uttar Pradesh, Gujarat, etc. Company is also engaged in the extraction, filtering and manufacturing of Edible mustard oil from raw mustard seeds, being the raw material used for its production. Edible mustard oil is sold under Shiv Nandi. It also engages in the trading of certain agroproducts, including Chana, Maize, Soyabean Refined Oil, Rice Bran Refined Oil, Wheat, cattle feed, groundnut oil etc based on the prevailing market conditions. Company is planning the initial public offer to raise Rs 25.02 Cr by issuing 53,25,000 equity shares having the face value of Rs 5 through fresh issue.