45:301 Rights Issue: FMCG company announces fundraising of Rs 10,000 lakh via rights issue of shares!
DSIJ Intelligence-1 / 12 Dec 2025/ Categories: Mindshare, Trending
The stock is up by 35.2 per cent from its 52-week low of Rs 355 per share.
Krishival Foods Ltd. has officially announced the final terms for its Rights Issue, following approvals initially granted by the Board of Directors on November 26, 2025, and subsequent in-principle nods from BSE Limited and National Stock Exchange of India Limited. The Board, meeting on December 11, 2025, approved the issuance of 3,333,160 partly paid-up equity shares of ₹10 face value each, at a Rights Issue Price of ₹300 per share (including a premium of Rs 290). This issue aims to raise up to Rs 10,000 lakh (Rs 100 crore). Eligible shareholders will receive the Rights Entitlements (REs) in the ratio of 45 Rights Equity Shares for every 301 fully paid-up equity shares held as of the Record Date, which is fixed for December 17, 2025.
The Rights Issue will open on December 26, 2025, and is scheduled to close on January 5, 2026. Shareholders subscribing to the rights shares must pay Rs 105 (35 per cent) per share on application. The remaining balance of Rs 195 (65 per cent) per share will be payable in one or more calls within one year from the date of issuance of the partly paid-up shares. The last date for on-market renunciation of Rights Entitlements is December 31, 2025, and for off-market renunciation is January 2, 2026. The Rights Entitlements (REs), which have a separate ISIN (INE0GGO20015), will be credited to the demat accounts of eligible shareholders before the issue opening date, allowing them to either apply for the rights shares or renounce (sell) their entitlements in full or in part.
About the Company
Krishival Foods Ltd. is a rapidly growing Indian FMCG company committed to delivering high-quality, sustainable food products to both domestic and international markets. The company features a diversified portfolio spanning categories such as dry fruits, snacks and ice cream, positioning it strongly within the discretionary consumption segment. By leveraging a robust procurement model, Krishival Foods Ltd. is strategically aiming to emerge as a major player in the competitive food and beverage industry.
Krishival Foods Limited reported a strong Q2 FY'26, with revenue hitting Rs 66.67 crore, a 50 per cent year-on-year increase, driven by its strategic focus on two brands: Krishival Nuts (premium dry fruits) and Melt N Mellow (real milk ice cream). The company's dual-brand strategy is designed to de-risk and leverage industry tailwinds, including the projected quadrupling of the Indian ice cream market by 2032. Krishival Nuts, the current primary revenue driver with Rs 53 crore, plans to quadruple processing capacity from 10 to 40 metric tons per day, while Melt N Mellow, with Rs 13.62 crore in revenue, operates a large plant and targets full capacity by FY27-28. With extensive distribution across over 10,000 to 25,000 outlets, focusing on Tier-2/3/4 cities, the company reported a 26 per cent rise in EBITDA and aims for triple-digit revenue growth by FY27-28.
The company has a market cap of over Rs 1,000 crore with a PE of 65x, an ROE of 11 per cent and an ROCE of 15 per cent. The stock is up by 35.2 per cent from its 52-week low of Rs 355 per share. The promoter of the company, Aparna Arun Morale, holds the majority of the stake, i.e., 34.48 per cent stake.
Disclaimer: The article is for informational purposes only and not investment advice.