DNV Food Products Files DRHP for NSE Emerge SME IPO to Fund Capex, Working Capital

Kolkata, September 25, 2025: DNV Food Products Limited has announced that it has filed its Draft Red Herring Prospectus (DRHP) with NSE Emerge for a proposed SME initial public offering (IPO). Once the IPO is live, investors will be able to apply to the issue through the ASBA facility or through an UPI mandate.

DNV Food Products Private Limited is an Indian company engaged in the manufacturing and selling of a wide range of spices and food products. The company was established in 1950, and its headquarters are in Kolkata, West Bengal, India.

DNV Food Products  IPO 100% Fresh Issue Of Up To 54,00,000 Equity Shares

The company announced that its IPO will be an entirely fresh issue of up to 54,00,000 equity shares, with no offer for sale element. It has reserved 2,70,000 shares as market maker reservation, and will allocate 50% to QIBs, a minimum of 15% to NIIs, and 35% to retail investors. Corporate CapitalVentures Pvt Ltd is the book running lead manager, while Bigshare Services Pvt Ltd is the registrar of the issue.

DNV Food Products IPO’s New Unit II At Amta Key Motive For Fundraising

The company announced that it will use ₹1,098.55 lakh from the IPO proceeds for funding a new unit II at Amta, Howrah. It will use ₹1,500 lakh for working capital requirements, and the remaining balance for general corporate purposes.

DNV Food Products IPO Revenue Surged By 55.8% While PAT More Than Doubled

In FY25, company’s revenue from operations increased by 55.8%, reaching ₹10,821.78 lakh from ₹6,946.40 lakh in the previous year. Similarly, its total income grew by 55.1% to ₹10,962.29 lakh. The company’s profit after tax more than doubled by 127.8% to reach ₹695.42 lakh, compared to ₹305.27 lakh last year. Earnings per share (EPS) increased to ₹4.91, up from ₹2.26. As of 31st March 2025, the company had long-term loans of ₹1,231.80 lakh and short-term loans of ₹2,092.50 lakh. It also had cash and similar assets worth ₹354.14 lakh.

REF: https://nsearchives.nseindia.com/emerge/corporates/content/Registration_24092025183244_DRHP.pdf

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