Inactive Instrument

Company Avanti Feeds Ltd NSE India S.E.

Equities

AVANTIFEED

INE871C01020

Fishing & Farming

Business Summary

Avanti Feeds Limited is an integrated seafood company. Its segments include Shrimp Feed, Processed Shrimp, Power, and Shrimp Hatchery. The shrimp feed is manufactured and marketed to farmers, which is used in aqua culture to grow shrimp. The shrimps are purchased from the farmers and are further processed and exported to various countries. It has installed over four mills of over 3.2 megawatts capacity at Chitradurga, Karnataka. The power generated from windmills is sold to Bangalore Electricity Supply Company Limited (BESCOM) under a power purchase agreement. It has five shrimp feed manufacturing units, two shrimp processing units, a hatchery to produce shrimp larvae and a shrimp culture farm. Its products include raw shrimp, cooked shrimp, and value-added shrimp. Its value-added shrimps include marinated products, breaded products, skewers, and shrimp rings. It provides its products to various markets, such as Europe, Japan, Korea, China, Russia, Canada, and the Middle East.

Sales per Business

INR in Million2022Weight2023Weight Delta
Shrimp Feed
79.1 %
40,365 80.2 % 40,239 79.1 % -0.31%
Shrimp Processing
20.6 %
9,916 19.7 % 10,475 20.6 % +5.63%
Hatchery
0.3 %
62 0.1 % 159 0.3 % +156.65%
Power
0.0 %
16 0.0 % 16 0.0 % -1.75%

Sales per region

INR in Million2022Weight2023Weight Delta
India
80.3 %
41,043 81.5 % 40,865 80.3 % -0.43%
United States
13.5 %
7,066 14.0 % 6,887 13.5 % -2.53%
Rest of the World
6.1 %
2,250 4.5 % 3,118 6.1 % +38.54%

Managers

Managers TitleAgeSince
Chief Executive Officer 71 31/12/93
Chief Executive Officer 62 31/03/98
Investor Relations Contact - -
Corporate Secretary - 14/11/21
Sales & Marketing 53 07/05/12

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer 62 31/03/98
Chief Executive Officer 71 31/12/93
Director/Board Member 68 06/04/93
Director/Board Member 63 29/01/10
Director/Board Member 32 06/06/19
Director/Board Member 76 10/03/15
Director/Board Member 69 09/11/18
Director/Board Member 64 11/11/20
Director/Board Member 54 15/02/23
Director/Board Member - 10/02/23

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 136,245,630 39,897,711 ( 29.28 %) 0 29.28 %

Shareholders

NameEquities%Valuation
Srinivasa Cystine Pvt Ltd.
26.64 %
36,299,115 26.64 % 211 M ₹
21,030,630 15.44 % 122 M ₹
Thai Union Asia Investment Holding Ltd.
8.774 %
11,954,826 8.774 % 69 M ₹
8,330,700 6.114 % 48 M ₹
8,189,250 6.011 % 48 M ₹
Bandhan Asset Management Co. Ltd.
3.651 %
4,973,864 3.651 % 29 M ₹
Sanjeev Agro Vet Pvt Ltd.
3.109 %
4,235,265 3.109 % 25 M ₹
State of Andhra Pradesh
2.723 %
3,709,545 2.723 % 22 M ₹
UTI Asset Management Co. Ltd. (Investment Management)
0.7050 %
960,574 0.7050 % 6 M ₹
710,700 0.5216 % 4 M ₹

Company contact information

Avanti Feeds Ltd.

G-2, Concorde Apartments No. 6-3-658, Somajiguda

500082, Hyderabad

+91 40 2331 0260

http://www.avantifeeds.com
address Avanti Feeds Ltd(AVANTIFEED)

Group companies

NameCategory and Sector
Agricultural Commodities/Milling