Piccadily Agro Makes Strong NSE Debut, Hits ₹630 on First Day of Trade

Mumbai, 2 July 2025: Piccadily Agro Industries Ltd officially listed on the National Stock Exchange (NSE) today under the ticker symbol PICCADIL, marking a key milestone in its expansion strategy. The stock opened at ₹628.95 and touched an intraday high of ₹630, setting a new 52-week high on the day of listing.

Strong Opening on NSE Signals Market Confidence in Growth Prospects

The listing of Piccadily Agro Industries was met with encouraging investor response. Below is a snapshot of the stock’s first-day performance:

The stock remains within a circuit limit of ₹497.40 (lower band) to ₹746.00 (upper band), with a margin requirement of 25%. The face value stands at ₹10.

NSE Listing Opens New Doors for Institutional and Global Participation

Previously listed solely on the Bombay Stock Exchange (BSE), Piccadily Agro’s NSE entry aims to strengthen liquidity and attract a broader base of institutional investors, including foreign institutional investors (FIIs) and mutual funds.

“This NSE listing is a defining milestone in our journey, one that reflects not just our financial progress, but also our evolution into a future-forward, globally recognized Indian alco-bev company,” said Natwar Aggarwal, Chief Financial Officer of Piccadily Agro Industries.

Strong Manufacturing Backing Supports Premium Brand Portfolio Expansion

Headquartered in Indri, Haryana, Piccadily Agro Industries operates a 168-acre facility and is engaged in multiple verticals including:

• Distillation of malt, extra neutral alcohol, and ethanol
• Manufacturing of white crystal sugar

Its alco-bev portfolio is steadily expanding in both domestic and international markets, featuring:

• Indri Single Malt Whisky (launched in 2022, fastest-growing brand in 2024)
• Camikara Pure Cane Juice Rum
• Whistler Whisky
• Cashmir Vodka

The NSE listing coincides with the company’s broader strategy to establish a stronger brand presence globally in the premium spirits category.

Dual Listing Enhances Visibility and Access for Retail and Institutional Investors

Piccadily Agro Industries Ltd is now traded on both NSE and BSE, ensuring better price discovery and increased investor access. The listing supports the company’s strategic focus on brand development and long-term growth in the alco-bev and sugar sectors.

With the NSE debut reinforcing market confidence, the company is positioned for its next phase of expansion and value creation.

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