Established in 1992 under the leadership of Mr. Nara Chandrababu Naidu, Heritage Foods Limited operates within the Dairy Products industry.
The organization operates through two distinct business segments: Dairy and Renewable Energy. Presently, Heritage’s range of milk and milk-based products holds a notable market presence across regions such as Andhra Pradesh, Telangana, Karnataka, Kerala, Tamil Nadu, Maharashtra, Odisha, NCR Delhi, Haryana, Rajasthan, Uttarakhand, and Uttar Pradesh.
The company’s diverse product lineup encompasses items such as Milk, Curd, Buttermilk, Ice-cream, Frozen Desserts, Lassi, and flavored milk.
In the fiscal year 2020-21, Heritage Foods achieved an annual turnover of INR 24,070 million.
- Open: ₹249.00
- High – Low: ₹255.00 – ₹243.55
- Previous Close: ₹249.75
- Total Traded Value: 1,54,340
- 52 Weeks High: ₹287.35 (Jul 24, 2023)
- 52 Weeks Low: ₹135.15 (Mar 17, 2023)
- Updated On: Aug 11, 2023 4:00 PM
Heritage Foods Rights Issue 2022 Detail #
| Issue Open | Jan 30, 2023 – Feb 13, 2023 |
| Security Name | Heritage Foods Limited |
| Issue Size (Shares) | 46,398,000 |
| Issue Size (Amount) | ₹23.20 Crores |
| Issue Price | ₹5 per share |
| Face Value | ₹5 per share |
| Listing At | BSE, NSE |
| Terms of Payment | The entire amount is payable on the Application. |
| Entitlement | 1 Equity Shares for every 1 Equity Shares held on the Record Date |
Heritage Foods Rights Issue 2022 Issue Timetable #
| Record Date | Jan 20, 2023 |
| Credit of Rights Entitlements | Jan 24, 2023 |
| Bid/Offer Opens On | Jan 30, 2023 |
| Renunciation of Rights Entitlements | Feb 8, 2023 |
| Bid/Offer Closes On | Feb 13, 2023 |
| Deemed Date of Allotment | Feb 21, 2023 |
| Credit Date | Feb 23, 2023 |
| Listing Date | Feb 27, 2023 |
Company Financials #
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth |
|---|---|---|---|---|
| 31-Mar-22 | 902.58 | 2692.55 | 96.09 | 657.55 |
| Amount in ₹ Crore | ||||
Objects of the Issue: #
The Company intends to utilize the proceeds raised through the Issue for financing the following objects:
- Meeting Working Capital requirement of our Company;
- General Corporate purposes; and
- Issue related expenses.
Heritage Foods Rights Issue 2022 Documents #
Company Contact Information #
Regd. Off: # 6-3-541/C, Panjagutta
Hyderabad
500 082Phone: +91-40-23391221
Email: hfl@heritagefoods.in
Website: http://www.heritagefoods.in/
Heritage Foods Rights Issue 2022 Registrar #
- Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: heritagefoods.rights@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
Heritage Foods Rights Issue 2022 Lead Manager(s) #
- Chartered Finance Management Ltd
