Oceanic Foods Share Price

Oceanic Foods Limited was incorporated at Jamnagar as Gujarat Oceanic Foods Private Limited, with the Registrar of companies. Subsequently, name of the Company was changed to Oceanic Foods Private Limited dated January 18, 1994 and was further changed to Oceanic Foods Limited on August 22, 2016.The Company engages in manufacturing and exporting of dehydrated spices and vegetables. The business comprise export products like dehydrated Onion (Red White), dehydrated Garlic, dehydrated cabbage and dehydrated carrots etc. and in various forms like flakes, minced, powder, etc. At present, it operate two manufacturing units spread over more than 5 acres in aggregate. Unit I is situated at Lalpur and Unit II is situated at Jamnagar. Unit I is a fully automated plant requiring least manpower, which gives the competitive edge over other players in terms of quality and hygiene. It has automated plant which carries primary process of dehydration like peeling, washing, slicing and steam drying. Unit II carriers out secondary process of dehydration, which includes oven drying and toasting. The Company came out with a Public Issue in March, 2017 of issuing 10,00,000 Equity Shares by raising capital aggregating to Rs 6.5 Crores.The Company, in 2024, has purchased 100% raw material locally from Gujarat, Maharashtra, Madhya Pradesh and Rajasthan and also has an in house laboratory for testing the quality of products. It export dehydrated vegetables to various countries around the globe. The products are internationally certified by US FDA, Kosher and Halal and are domestically certified by FSSAI, and APEDA.