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Functional & Innovative IPO IPO

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Issue Size
85,00,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight

Restated Financials (₹ Cr.)

Period Ended31 Dec 202531 Mar 202531 Mar 202431 Mar 2023
Assets163.1798.4686.2958.45
Total Income232.90260.76162.02115.57
Profit After Tax25.6123.2213.763.22
EBITDA37.4234.4721.467.17
NET Worth71.4427.5526.7212.94
Reserves and Surplus52.7427.5326.7012.92
Total Borrowing40.4134.4029.6422.77
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Milky Mist Dairy Food Ltd.Mainboard₹1,553.00 Cr₹14073.68₹181.50+29.64%₹181.50
Orkla India Ltd.Mainboard₹1,667.33 Cr₹73039.11₹713.65-2.24%₹545.55
Elfin Agro India Ltd.SME₹25.03 Cr₹4713.05₹47.60+1.28%₹83.50
Shyam Dhani Industries Ltd.SME₹38.49 Cr₹7013.19₹139.65+99.50%₹55.10
Pajson Agro India Ltd.SME₹74.45 Cr₹11810.11₹130.20+10.34%₹190.00
Mother Nutri Foods Ltd.SME₹39.59 Cr₹11717.78₹124.30+6.24%₹151.00
Rukmani Devi Garg Agro Impex Ltd.SME₹23.52 Cr₹998.5₹77.13-22.09%₹145.95
Gujarat Peanut & Agri Products Ltd.SME₹23.81 Cr₹808.97₹67.20-16.00%₹70.05
Shivashrit Foods Ltd.SME₹70.03 Cr₹14216.44₹141.45-0.39%₹121.95

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Funding capital expenditure for the setting up of Unit-V17.38
2Funding capital expenditure for the setting up of Unit-VI19.64
3Pre-payment or scheduled re-payment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company20.00
4Investment in its wholly owned Subsidiary, Christy Quality Foods (India) Private Limited (CQFIPL) in the form of debt or equity for repayment/prepayment of borrowings, in full or in part, of all or a portion of certain outstanding borrowings availed by such Subsidiary10.00
5Funding long-term working capital requirement of the Company15.00
6General Corporate Purposes
Total82.02

About Functional & Innovative IPO

Functional & Innovative Foods Ltd. is a food processing company engaged in the manufacturing, processing, and marketing of a wide range of food products. The company focuses on delivering high-quality, value-added food solutions that cater to changing consumer preferences for convenience, nutrition, and taste. Its product portfolio includes processed foods, ready-to-eat and ready-to-cook products, ingredients, and other innovative food offerings for domestic and international markets. The company operates with an emphasis on quality assurance, food safety, and innovation throughout its manufacturing processes. By leveraging modern production facilities, research and development capabilities, and efficient supply chain management, Functional & Innovative Foods Ltd. aims to develop products that meet evolving consumer demands while adhering to industry standards and regulatory requirements. As on December 31, 2025, the product portfolio comprised more than 25 product offerings with more than 700 Stock Keeping Units (SKUs). The operations are carried out through four (4) manufacturing units comprising nine (9) facilities located in the State of Tamil Nadu. Competitive Strengths: Estab

Contact Details

Functional & Innovative Foods Ltd. Address1/374A Andipalayam Village Andipalayam Post,Tiruchengode,Namakkal, Tamil Nadu, 63721404288-252544compliance@functionalandinnovativefoods.comVisit Website