NFP Sampoorna Foods Limited

The company faces several key risks related to its operations, including raw material procurement volatility, dependence on processing facilities, market dependency on cashew sales, and competitive pressure. The company has transitioned its procurement model and introduced a trading vertical, which brings its own set of risks concerning margins and supply chain predictability. Furthermore, the company's physical assets are largely leased, creating dependency on ongoing rental agreements. The processing involves a multi-stage operation, and the company must navigate various operational and market uncertainties to ensure business continuity.

The company's operations involve processing and trading of various nuts, with inherent risks related to product quality, supply chain dependencies, and market concentration. Breakage in cashew kernels is a routine operation, but an increase in broken kernels could negatively impact margins. The company relies on a limited number of suppliers for raw materials, and there is no assurance regarding the continuity of these supply relationships. Furthermore, the business is exposed to risks from third-party transportation providers and volatility in fuel prices affecting transportation costs. The company also faces risks from customer concentration and potential issues with product contamination or adulteration.

This section details various risks and operational aspects concerning the company's business, including potential financial impacts from customer returns and concerns about maintaining product quality standards. It addresses risks associated with recent structural changes, such as the conversion from a partnership and the acquisition of M/s. Yashvardhan Food Industries, which may affect business integration. Furthermore, the company faces risks related to securing necessary funding for working capital, which could impact growth plans. The company is also exposed to risks from operating in foreign countries and procuring raw materials through imports from various African nations. Finally, the text outlines past instances of delays in paying Employees’ Provident Fund (EPF) dues and filing GST & ROC returns, which carry the risk of regulatory actions.

This section details various compliance issues, including delays in filing GST returns and RoC forms, which were attributed to technical issues or administrative oversights, although corrective actions have been implemented. The company acknowledges that such delays have not resulted in material penalties but notes that future delays cannot be guaranteed. Furthermore, the text discusses risks related to human resources, such as high attrition rates due to facility transitions, and the reliance on skilled staff for processing and packaging units. The company also highlights risks associated with obtaining and renewing necessary government registrations and permits, and the potential for competition to impact pricing and market share. Finally, it addresses risks related to unsecured loans from promoters and the potential for future disruptions in the supply chain due to the lack of formal agreements with wholesalers and dealers.

The section discusses various risks related to the company's operations, including potential adverse impacts from future dilution, inadequate insurance coverage, and outstanding indebtedness which may restrict business activities. It details the company's insurance coverage ratio for assets and inventories over the last three financial years, noting that certain policies are held in the name of a wholly-owned subsidiary. Furthermore, the text highlights risks associated with currency fluctuations due to international import operations, the potential for mismanagement of inventory and trade receivables, and the uncertainty of marketing efforts in changing consumer markets. Finally, it addresses the reliance on promoters and directors, the potential for issues with corporate governance due to limited director experience in listed companies, and the lack of an appointed monitoring agency for issue proceeds.

The section discusses various risks related to the company's operations, including vulnerability to fraud, theft, and employee negligence, which could negatively impact operations and financial condition. It also covers risks associated with the listing and trading of equity shares on the NSE Emerge, such as potential delays or closures, and the impact of market volatility. Furthermore, the text details tax implications for investors and the potential for the equity share price to fluctuate after the issue, noting that there was no public market prior to the issue.

This section primarily details the regulatory framework and procedures related to the issue of securities, including compliance with SEBI (ICDR) Regulations. It outlines the allocation rules for different types of bidders, such as Non-Institutional Bidders, Individual Bidders, and Qualified Institutional Buyers (QIBs), specifying minimum allocations for each category. Furthermore, it discusses provisions for allocating securities to Anchor Investors and Mutual Funds, including provisions for under-subscription scenarios. The text also includes various financial statements and cash flow details for the company.

NFP Sampoorna Foods Limited was incorporated on December 13, 2023, and initially operated as a partnership firm before being converted into a public limited company on October 28, 2023. A significant corporate milestone occurred on June 30, 2025, when the company acquired M/s Yashvardhan Food Industries Private Limited through a share swap agreement. The company subsequently changed its registered office address, resulting in a fresh Certificate of Incorporation dated September 24, 2025. The current promoters include Mr. Praveen Goel, Mr. Yashvardhan Goel, and Mrs. Anju Goel, and the company currently has eight shareholders. The company's main business involves the trade and processing of various agricultural products.

The provided section primarily addresses the company's agreements and partners. It states that the company has not entered into any material agreements, non-compete agreements, joint venture agreements, strategic partners, or financial partners as of the filing date. It directs readers to other parts of the prospectus for details regarding the company's activities, growth, and financial conditions.

This section provides various definitions and abbreviations used throughout the Prospectus. It defines terms related to the company, such as its name, incorporated status, and registered office. It also outlines various terms related to the issue process, including different types of investors, application forms, and the process for making bids. Key parties like the Promoters, Key Managerial Personnel, and the Book Running Lead Manager are also defined.

This section details various definitions related to the issuance process, including timelines, parties involved, and types of investors. It specifies that the Draft Red Herring Prospectus is issued under SEBI ICDR Regulations. Key aspects covered include the issue period, the pricing structure (Price Band), and the various categories of bidders such as Individual Investors, QIBs, and Non-Institutional Investors. It also outlines the roles of different intermediaries, such as the Market Maker, Registrar, and various Depository Participants.

This section primarily defines various legal and financial terms used within the document. It covers definitions related to securities laws, different types of bidders, various regulatory circulars, and definitions for parties involved in the issuance process. It also defines terms related to defaulters, working days, and various financial and accounting standards.

This section provides various disclaimers regarding the use of financial data, currency conversions, and industry information within the Prospectus. It clarifies that financial data is derived from restated audited statements prepared under Indian GAAP, and investors should consult advisors regarding differences between Indian GAAP, IFRS, and U.S. GAAP. The text also details that industry data is obtained from various sources and that the accuracy of this data is not guaranteed. Furthermore, it includes forward-looking statements and outlines various risks that could materially affect the company's business performance.

This section details the structure and intended uses of the funds raised through the issue. The total issue size involved a market maker reservation portion and a net issue of equity shares. The company intends to use the net proceeds for various purposes, including working capital, debt repayment, and general corporate expenses. There is a cap on the amount allocated for general corporate purposes.

The introduction section details the corporate history of NFP Sampoorna Foods Limited, including its incorporation and subsequent acquisition of another entity. It outlines the timeline for an upcoming issue, specifying the opening and closing dates. The section also specifies that the issue will be conducted through a 100% Book Building Process, with the price band to be determined in consultation with the Book Running Lead Manager. Various parties, including the Book Running Lead Manager, Registrar, and Designated Intermediaries, are involved in the process.

The section details various allocation rules for different investor categories, including life insurance companies and pension funds, which are subject to bids at or above the Anchor Investor Allocation Price. It outlines procedures for handling under-subscription, including spill-over provisions across different categories, and sets minimum allocation percentages for Non-Institutional Bidders. Furthermore, the text specifies mandatory participation via the ASBA process for most bidders and details rules regarding bid withdrawal, the use of the ASBA process, and the process for resolving data discrepancies between electronic and physical forms. The section also covers the underwriting agreement details, including the number of shares underwritten, the issue price, and the market-making arrangement with a specified Market Maker.

The section details limits on the upper side for Market Makers during the market making process, based on the issue size, as per a SEBI Circular dated November 27, 2012. It outlines different thresholds for buy quote exemption and re-entry based on the issue size, including mandatory initial inventory of 5%. Furthermore, it states that these conditions are subject to change based on future regulations from SEBI and the Stock Exchange.

The company's equity share capital details show that the authorized share capital was increased from 1,000 Lakh to 1,430 Lakh in July 2025. The company currently only has one class of share capital, which consists of Equity Shares with a face value of ₹10 each, and all issued shares are fully paid up. The company does not have any outstanding convertible instruments or preference shares as of the prospectus date.

The company will file its shareholding pattern one day prior to the listing of equity shares, and the pattern will be uploaded on the stock exchange website before trading commences. The company only has one class of equity shares with a face value of ₹10.00 each. The company has not issued any equity shares below the issue price within the last year from the date of the prospectus. Several transactions involving the promoters and other shareholders are disclosed, including various allotments and transfers.

The section details the requirements for the Promoter's contribution and lock-in provisions as per SEBI (ICDR) Regulations. It specifies that 20% of the fully diluted post-Issue equity share capital must be locked in for three years from the commencement of commercial production or the date of allotment in an IPO. Furthermore, it outlines specific lock-in periods for promoter holdings exceeding this minimum contribution, depending on the amount in excess. It also confirms that no equity shares proposed for lock-in were issued from revaluation reserves or for consideration other than cash, revaluation of assets, or capitalization of intangible assets. The text also details various eligibility criteria for promoter contributions and specifies that no shares were pledged with creditors.

The section details the company's working capital requirements and funding plans, including provisions for future operations. It outlines the utilization of ₹725.00 Lakhs from the Net Proceeds of the Issue to meet working capital needs for expansion plans, focusing on increasing capacity and supporting the B2C vertical. The text also provides a historical breakdown of working capital components as of various dates and estimates future working capital requirements for the financial year ended March 31, 2027.

The section details various aspects of the company's operational performance, primarily focusing on receivables and payables trends over different fiscal years. Receivables management shows a proactive approach to credit discipline, with changes reflecting business seasonality and sales growth. Trade payables have shown marginal increases tied to scaling procurement volumes, and projections indicate minor shifts in payable days depending on sales mix and operational capacity. Furthermore, the text covers the movement of short-term loans and advances, detailing how these amounts have been utilized, adjusted, or projected for repayment across various periods.

This section details various aspects related to the company's borrowings, issue expenses, and the basis for determining the issue price. It lists details of secured and unsecured borrowings, confirms no delays or defaults in repayments, and outlines the intended deployment of fresh issue proceeds for general corporate purposes. Furthermore, it specifies the estimated issue expenses as a percentage of the total issue size and provides information on the basis for setting the price band for the equity shares.

This section details various financial metrics, including Price Earning (P/E) Ratios, Return on Net Worth (RoNW), Net Asset Value (NAV) per equity share, and a comparison of key performance indicators (KPIs) against industry peers. The data covers financial years ended March 31, 2023, 2024, and 2025, showing trends in profitability and asset valuation. The document also outlines the calculation methodologies for these ratios and the purpose of using these KPIs to evaluate business performance.

This section provides a comparison of financial metrics (Revenue from Operation, EBITDA, EBITDA Margin, PAT, PAT Margin, Net Worth, RONW, and EPS) for the company against its listed industry peers across different financial years. It also includes notes clarifying the calculation methodologies for these figures and the applicability of Earnings Per Share (EPS). Furthermore, the text details the process for justifying the issue price based on primary transactions and provides a statement regarding special tax benefits available to the company and its shareholders.

This section provides an overview of the Indian economy, global economic trends, and specific insights into the food processing sector and the cashew industry. It discusses various economic indicators, including GDP growth estimates, export performance, and government initiatives aimed at boosting the sector. Furthermore, it details the scale and growth of the cashew production and processing capabilities within India.

This section provides an overview of the cashew industry trends, detailing export performance and government initiatives supporting the sector. It highlights the decline in cashew export value in FY24 compared to FY23, alongside changes in export volume. The text also discusses the role of imported raw cashew nuts in the industry's growth and various government measures aimed at supporting the cashew sector, such as duty reductions and financial assistance for exporters.

This section details the company's product portfolio, which includes Cashews, Almonds, Fox Nuts (Makhana), and Walnuts. The company engages in various processing and trading activities for these products, catering to different segments such as wholesalers, institutional buyers, and end consumers through online platforms. Cashew processing covers the entire spectrum from raw nut reception to final packaging. Almonds are sourced from California, USA, and are packed to meet FSSAI standards for retail and bulk supplies. Makhana is a key product, sourced from Bihar, and is marketed under the company's brand for various consumer channels. Walnuts are traded through B2G channels, primarily supplying institutions.

The provided section primarily details information related to the e-commerce distribution of products, including links to Amazon and the company's own website for various products like nuts and almonds. It does not contain explicit information regarding promoter shareholding percentage over time or pledged share percentages.

This section details the process flow chart for cashew processing, starting from the procurement of raw cashew nuts (RCN) from Africa. The process involves several critical steps, including storage, weighting and grading, steaming and boiling, cooling, deshelling, and drying. Subsequent stages focus on managing moisture levels during peeling and sorting kernels using color and size sortex machines. The entire operation emphasizes quality control across all stages to ensure consistency and meet market standards before the final product is dispatched.

This section details the process flow for the procurement and processing of almonds and makhana products. For almonds, the process involves procurement from licensed importers, transportation to a facility, manual quality inspection, mechanical cleaning, batching, and packaging. The process ensures quality control throughout the supply chain. The text also provides a financial summary, including key performance indicators and a breakdown of revenue and profit by state.

The company is currently engaged in the processing and trading of Cashew Nuts, Almonds, Foxnuts, and Walnuts, as certified by a Chartered Accountant. The revenue bifurcation shows various percentages for different product categories over different periods. Furthermore, the document details the bifurcation of revenue earned from online and offline selling channels, as well as the bifurcation of revenue from B2B, B2C, and B2G channels. The prospectus also lists top customers and suppliers as of various dates, and highlights the experience of the company's promoters.

The company utilizes a direct procurement network spanning Africa, domestic importers for cashews, and licensed importers for almonds, demonstrating an integrated approach to supply chain oversight. The business leverages the long shelf life of dry fruits to ensure consistent year-round demand, which supports stable production planning. The company focuses on product diversification by expanding into value-added makhana products and strengthening its brand and retail presence through multi-channel expansion. Furthermore, the company aims to maximize the utilization of its installed processing capacity.

This section details various operational and structural aspects of the company, including capacity utilization, human resources, intellectual property rights, and insurance coverage. It provides data on production capacity across different years, notes on production suspensions, details regarding the number of employees and their contributions, and information on the company's leased and owned immovable properties. Furthermore, it outlines the insurance policies maintained to cover various business risks.

This section details various aspects of the company's operations, including insurance coverage ratios over the last three financial years for both assets and inventories. It also outlines the sourcing of raw materials from different regions and the logistics involved in the movement of raw materials and finished goods. Furthermore, the text covers aspects related to environmental, health, and safety compliance, including adherence to various laws and regulations.

This section primarily details various laws and regulations applicable to the company's operations, covering areas such as food safety, weights and measures, consumer protection, company incorporation, arbitration, competition, and various tax regulations. It outlines the framework for various acts that govern business conduct, contracts, and industry standards in India. The text also mentions laws related to labour, environmental protection, and regulations concerning foreign trade and investment.

This section primarily discusses various legal frameworks governing investment, intellectual property, and local operations in India. It outlines regulations concerning Foreign Direct Investment (FDI) as governed by the FEMA, including sectoral caps and rules for investment routes. The text details laws related to intellectual property such as the Patents Act, Copyright Act, Trade Marks Act, and the Design Act. Furthermore, it mentions various state and local laws, including those pertaining to municipal powers and approvals for setting up factories and manufacturing units.

This section details the pre-issue and post-issue shareholding structure of the company's promoters, promoter group, and additional top 10 shareholders. The data is presented in a table showing the number of equity shares, the percentage of shareholding, and the distribution across different price bands. The summary concludes with the grand total of the shareholding.

Investing in the equity shares involves a high degree of risk, and investors must carefully review the risks and uncertainties detailed in the Prospectus before making an investment. The risks described may negatively affect cash flows, business, financial condition, and operating results, potentially leading to a decline in the share price and loss of investment. Some risks are not quantifiable, and investors should consult with their tax, financial, and legal advisors regarding the consequences of investing. Discrepancies in numerical amounts are due to rounding off, and percentage amounts are based on financial information prepared according to Accounting Standards.

The section provides a summary of pending legal proceedings, which shows no recorded proceedings across various categories such as criminal, tax, statutory, or disciplinary actions involving the Company, Promoters, Directors, Key Managerial Personnel, or various related entities. It also notes that a specific suit relates to property, making its actual value indeterminable. Furthermore, the company currently has no contingent liabilities as of the date of the Prospectus. The section details various related party transactions, including remuneration, sales, purchases, and loans between the company and certain related parties, including directors, partners, and subsidiaries, over different periods. Finally, it outlines the weighted average cost of acquisition of equity shares by the Promoters and the average cost of acquisition of equity shares by the Promoters.

The company has disclosed that it has not issued any equity shares for consideration other than cash in the preceding year, except for a share swap agreement with Yashvardhan Food Industries Private Limited. Furthermore, the company has not undertaken any split or consolidation of equity shares in the last year, and it has not availed any exemption from complying with securities laws granted by SEBI.

The company obtained approval from the NSE to use its name in the Issue Document for listing on the SME Platform of NSE Limited. The company and its promoters have confirmed they have not been declared as wilful defaulters or fraudulent borrowers by the RBI or any other governmental authority, nor have any securities law violations been committed in the past. Furthermore, the company and its directors have not been prohibited from accessing or operating in capital markets under any order from SEBI or other regulatory/governmental authorities. The company is in compliance with the Companies (Significant Beneficial Owners) Rules, 2018, and is eligible for the Issue based on post-issue paid-up capital criteria.

The company is in compliance with certain provisions of Part A of Schedule VI of the SEBI ICDR Regulations, and no exemptions from eligibility norms have been sought regarding the issue. The Book Running Lead Manager has certified that the disclosures in the offer document are generally adequate and in conformity with the regulations. The filing of the offer document does not absolve the issuer from liabilities under the Companies Act, 2013, or the requirement to obtain necessary statutory clearances. Furthermore, the Book Running Lead Manager is expected to exercise due diligence, and SEBI reserves the right to address any irregularities found in the offer document.

The section details various aspects related to investor grievances, regulatory compliance, and the process for issuing equity shares. It outlines timelines for grievance redressal and mentions the company's adherence to various SEBI circulars. Furthermore, it specifies the legal framework governing the issue, including adherence to the Companies Act, SEBI (ICDR) Regulations, and other relevant laws. It also discusses the process for collecting application forms and the determination of the issue price.

The section details various regulatory requirements concerning the allotment and trading of Equity Shares, primarily focusing on dematerialized forms and minimum application sizes. It specifies that equity shares must be in dematerialized form as per the Depositories Act, 1996 and Companies Act, 2013, and trading must also occur in dematerialized form per SEBI Regulations. The text outlines agreements signed with Depositories and the Registrar, minimum allotment requirements, and provisions related to nominee rights and the transfer of shares.

The section details various provisions related to the migration of the company's equity shares from the SME Exchange to the Main Board of the NSE, contingent on certain criteria set by SEBI regulations. It outlines specific parameters concerning paid-up capital, market capitalization, revenue, profitability, listing history, and promoter holdings required for such a migration. Furthermore, the text specifies conditions regarding the absence of insolvency proceedings, regulatory actions, and investor complaints, as well as market-making commitments for the shares offered.

This section details various aspects related to the allotment process, including minimum and maximum bid sizes, different modes of allotment, and the entities eligible to apply for equity shares. It outlines specific rules regarding bid lots, the role of Market Makers, and the payment mechanisms used for applications. Furthermore, the text extensively discusses the phased implementation of the Unified Payments Interface (UPI) mechanism for public issues, detailing the transition from previous processes to the new mechanism and the resulting timeline reductions for listing.

This section details the procedures for the book building process, outlining various allocation rules based on different investor categories, including QIBs, Anchor Investors, Non-Institutional Investors, and Individual Investors. It specifies minimum application sizes and multiples for equity shares in different categories. Furthermore, it outlines requirements for Bid cum Application Forms, including details on bidder accounts and the mandatory use of the ASBA process for most bidders. The text also discusses the eligibility criteria for various applicants and clarifies restrictions related to certain investor types.

This section details various procedural requirements and restrictions concerning the bidding and allotment process for the issue, including rules for price band revisions and bid submission. It outlines how different investor categories, such as Anchor Investors, Qualified Institutional Buyers (QIBs), Eligible NRIs, Foreign Portfolio Investors (FPIs), and Venture Capital Funds (VCFs), are treated. Furthermore, it specifies limitations on investment limits for various fund types and clarifies rules regarding the participation of associates and affiliates of the Book Running Lead Manager (BRLM).

This section details various requirements and restrictions concerning the lodging of bid cum application forms depending on the type of investor or entity participating in the issue. Specific documentation, such as SEBI registration certificates for mutual funds, RBI registration certificates for certain financial companies, and various certifications for insurance companies and fund corpus, must be attached. Furthermore, there are specific rules regarding investment limits for mutual funds and insurance companies, as well as requirements for applications made by various corporate bodies and the use of the ASBA process.

This section details various procedural requirements and restrictions related to the bidding and allotment process for equity shares. It outlines rules regarding acknowledgments, the handling of bids, withdrawal rights, and the validation of bidder details against depository records. Furthermore, it specifies conditions under which bids may be rejected, including mismatches in financial amounts, incorrect documentation, or bids outside specified price bands. The text also covers the process for filing the Red Herring Prospectus with the Registrar of Companies (RoC) and the subsequent publication of a pre-issue advertisement.

This section details various compliance requirements and procedures related to the bid and allotment process for the issue. It outlines several conditions that can lead to the rejection of bids, such as inadequate funds, non-compliance with securities laws, or mismatches between provided identification details. The text further explains how under-subscription, spill-over, and allotment procedures differ based on the bidder category (Individual Investors, Non-Institutional Bidders, and QIBs). It also specifies rules for allocation to Anchor Investors and the process for finalizing the basis of allotment, including the use of the Designated Stock Exchange.

The section outlines several undertakings and conditions related to the allotment and listing of equity shares, including timelines for allotment and refund processing. It details the company's liability for failing to repay application money within prescribed timeframes and the potential penalties under the Companies Act. Furthermore, it specifies the company's rights to reject applications based on technical grounds depending on the bidder type. The text also covers provisions regarding impersonation and various undertakings by the company concerning the issue process and utilization of funds.

This section details various provisions related to the issuance, transfer, and handling of company shares, including rules for certificates, liens, calls on shares, and procedures for dealing with transfers and deaths. It outlines the company's rights regarding liens on shares, the process for dealing with forfeited shares, and the procedures for calling and conducting general meetings. Furthermore, it covers provisions related to the alteration of share capital and the capitalization of profits for distribution among members.

This section primarily details procedural rules concerning meetings, voting rights, proxy appointments, and the composition and powers of the Board of Directors. It outlines various rules for conducting general meetings, including adjournment procedures and the validity of votes. Furthermore, it specifies requirements for the Board, such as determining director names and remuneration, and the handling of company seals. The section also covers provisions related to dividends, reserves, and the inspection of company accounts by members.

This section primarily details the certification and approvals related to the Draft Red Herring Prospectus. It lists various certificates, site visit reports, and board resolutions related to the process of preparing and approving the prospectus for listing. Furthermore, it includes a declaration affirming compliance with various laws and regulations issued by the Government of India and the Securities and Exchange Board of India.

The company is promoted by Mr. Praveen Goel, Mrs. Anju Goel, and Mr. Yashvardhan Goel. The document also provides details regarding the size of the equity share issue, including the number of shares, pricing, and the intended utilization of the net proceeds. Furthermore, it introduces a section detailing the aggregate pre-issue shareholding of the promoters and the promoter group as a percentage of the paid-up share capital.

The company has five directors, comprising two Executive Directors, one Non-Executive Director, and two Independent Directors. The board details include information on five individuals: Praveen Goel, Yashvardhan Goel, Anju Goel, Ankur Sharma, and Priyanka Poddar. Key details cover their appointments, designations, qualifications, and various directorships. The document also outlines confirmations regarding the directors' history, such as not being directors of listed companies, and clarifies rules regarding sitting fees and director interests.

The company has adopted several policies covering various aspects such as code of conduct, related party transactions, sexual harassment prevention, and whistle-blower mechanisms. The Board structure includes various committees, notably the Audit Committee, the Stakeholders’ Relationship Committee, and the Nomination and Remuneration Committee. The Audit Committee has defined powers related to financial statement review, auditor oversight, and internal control evaluation. The Stakeholders’ Relationship Committee is tasked with resolving security holder grievances, while the Nomination and Remuneration Committee focuses on setting criteria for director qualifications and remuneration.

This section details the framework for director evaluation, remuneration policies, and compliance procedures, including requirements for the Nomination and Remuneration Committee. It also outlines applicability of insider trading regulations and clarifies the responsibilities of the Company Secretary and Compliance Officer. The document subsequently introduces the Key Managerial Personnel (KMP) and Senior Managerial Personnel (SMP), providing biographical details, qualifications, experience, and appointment dates for key individuals such as the Managing Director, Whole Time Director, CFO, and Company Secretary & Compliance Officer.

The promoters of the company are Mr. Praveen Goel, Mr. Yashvardhan Goel, and Mrs. Anju Goel. The promoters collectively hold a significant portion of the equity shares, representing 97.09% of the pre-issued capital. The document details the qualifications, experience, and shareholding percentages for each promoter and key managerial personnel. The document also includes a declaration confirming that the necessary identification documents for the promoters have been submitted to the NSE.

The section discusses various aspects related to the company's structure, including litigation, promoter interests, and related party transactions. It clarifies that the promoters' interest is limited to their shareholding and future dividends. It directs readers to other parts of the prospectus for details on financial information and management changes. Furthermore, it identifies the Promoter Group, which includes certain companies and entities, and lists specific Group Companies identified based on related party transactions.

This section primarily details the corporate structure and related party disclosures for the company and its group companies. It lists details for Mundra Coke Limited, Ultimate Plywood Trading (India) Private Limited, and Gopi Ram Flour Mills Private Limited, including their incorporation details, directors, and shareholding patterns. The text also clarifies that financial details from group companies' websites do not form part of the prospectus and confirms the absence of certain business interests or transactions between the group companies and the company.

This section primarily details the scope and responsibilities of the Independent Auditor's Examination Report on the Restated Consolidated Financial Information of NFP Sampoorna Foods Limited for inclusion in the Draft Red Herring Prospectus for an IPO. The report confirms that the financial information was prepared in accordance with various legal and regulatory requirements, including those of the Companies Act, ICDR Regulations, and the Guidance Note on Reports in Company Prospectuses. The management is responsible for preparing the financial information, while the Board of Directors holds responsibility for internal controls and compliance. The auditors examined the financial information and confirmed that no qualifications were found that would necessitate adjustments to the financial statements.

This section presents various financial statements and schedules for NFP Sampoorna Foods Limited, including balance sheet details, income statement figures, and cash flow statements, spanning different periods. The data includes figures for various financial components such as share capital, borrowings, receivables, and various expenses and revenues. The provided text details financial positions and performance metrics for the period ending on different dates.

This section outlines the company's revenue recognition policies, which state that revenue is recognized when probable economic benefits will flow to the Group and revenue can be reliably measured according to AS-9. It further details the accounting policies for other income and expenditure, ensuring consistency with generally accepted accounting policies. The document also covers the accounting for Property, Plant and Equipment, including the cost components for acquisitions, and the initial measurement of intangible assets. The text also discusses employee benefits, including defined benefit and defined contribution plans, and the consolidation of subsidiaries.

The provided section details various financial accounting treatments, including provisions, taxes, and various borrowings. It outlines rules for recognizing provisions based on past events and legal obligations, and the accounting for current and deferred taxes. Furthermore, it lists details regarding long-term borrowings from various banks and financial institutions, noting that these facilities are secured by various assets and guarantees. A key finding is that loans from related parties are interest-free.

This section details various outstanding trade payables, categorized into dues of MSME and others, with different aging periods as of various dates. It also lists details regarding interest due and payable for delays in payment under the MSMED Act, 2006, and various other current liabilities such as statutory, EPF, ESIC, LWF, GST RCM, TDS & TCS, and various expenses. Furthermore, the document provides schedules for Property, Plant & Equipment, showing gross block balances, additions, disposals, and accumulated depreciation at different reporting dates.

This section primarily details the financial status of NFP Sampoorna Foods Limited, covering various aspects of its assets, liabilities, and trade receivables. It includes schedules for Property, Plant & Equipment, Capital Work in Progress, Non-Current Investments, and Current Assets such as Inventories and Trade Receivables. A specific disclosure regarding trade receivables shows a relationship with a related party, Yashvardhan Food Industries.

This section primarily details the movement in deferred tax assets and liabilities over various periods, showing fluctuations in these provisions. It also provides various financial schedules, including cash balances, short-term loans, other current assets, revenue from operations, other income, expenses, and depreciation/amortisation. The data is presented across different time periods, including fiscal years and specific periods, for comparison.

The provided section details various financial performance metrics, segment results, and asset/liability positions across different reporting periods. It includes segment revenue and profit figures for Processing and Trading segments, along with corresponding results, income tax, and net profit. Furthermore, the text presents various financial ratios, including Debt-Service Coverage Ratio, Return on Net Worth, and various liquidity and profitability ratios. A significant portion of the text is dedicated to a detailed breakdown of related party transactions, including salaries, remuneration, loans, and sales, categorized by the nature of the transaction and the counterparty.

The provided section details various disclosures related to the company's financial activities and legal compliance. It includes information on foreign income and expenses, various contingent liabilities, and details regarding the acquisition of another company through a share swap. Furthermore, it lists numerous loans and borrowings from various financial institutions, including secured and unsecured facilities, as of November 30, 2025.

The provided text primarily details the capitalization statement, showing pre-issue and post-issue figures for various financial components like debt and shareholders' fund. It also includes sections on the management's discussion and analysis of financial conditions, overview of the business operations, significant factors affecting results of operations, and a detailed breakdown of the statement of profit and loss for various periods. The P&L section shows revenue from operations, other income, total expenses, and various cost components, with detailed breakdowns for different fiscal years.

This section details various financial performance metrics, including income, expenses, and profit after tax, across different financial years. It highlights significant growth in revenue and profit, primarily driven by the expansion of the raw cashew nut (RCN) trading vertical and increased production output. The text also discusses changes in various balance sheet components, such as assets, liabilities, and shareholder's fund, reflecting strategic investments and operational scaling.

The section details the concentration of transactions with suppliers and customers, indicating significant dependence on a limited number of parties. It provides comparative data for the contribution of top suppliers and customers to total purchases and revenue across different financial years and periods. This concentration is presented to reflect strong, recurring relationships with key buyers and suppliers, which is viewed as a positive factor for business stability and competitive advantage. The text also addresses material developments subsequent to November 30, 2025, including the approval of restated financial statements and the appointment of intermediaries for the IPO.

The section primarily details the absence of various litigations involving the Key Managerial Personnel and Senior Managerial Personnel of the Company, including civil, criminal, and proceedings from statutory/regulatory bodies or SEBI/Stock Exchanges. Regarding litigations, one civil case was disclosed involving Mr. Anil Kumar Gupta, Vice President -Marketing, which is noted as a personal matter with no impact on the Issuer's business. Furthermore, the section outlines that there are no outstanding litigations against subsidiaries, directors of subsidiaries, or group companies. In terms of creditors, outstanding dues to Micro, Small & Medium Enterprises and other creditors were detailed, amounting to ₹154.00 lakh, which primarily represent routine trade payables. These dues were confirmed as duly paid and are considered normal trade balances with counterparties.

This section details various licenses, approvals, and registrations held by the company, which are primarily related to factory operations, consumer goods, and labor laws. Some certificates were issued to M/s Yashvardhan Food Industries Private Limited, a wholly owned subsidiary of NFP Sampoorna Foods Limited, on a rental basis. The text also lists numerous approvals for various laws, including those related to Employees' Provident Funds, State Insurance, and environmental regulations. Furthermore, it outlines licenses for business operations in Haryana, noting a recent relocation of the factory from Haryana to Rajasthan.