Chatha Foods Ltd Share Price (544151)

Chatha Foods Ltd was incorporated as a Public Company in the name and style of Chatha Foods Limited dated October 8 1997 issued by Registrar of Companies Punjab H.P. Chandigarh. The Company converted into a Private Company and the name of Company was changed to Chatha Foods Private Limited vide fresh Certificate of Incorporation dated June 16 2003. Thereafter name of the Company was once again changed to its present name i.e. Chatha Foods Limited and a fresh Certificate of Incorporation dated September 8 2023 was issued by the Registrar of Companies Chandigarh upon such conversion. Founded in 1999 the Company is one of Indias recognised frozen food processor serving top QSRs Quick Serving Restaurants CDRs Casual Dining Restaurants and other players in the HoReCa HotelRestaurantCatering segment. In addition it has a network of 29 distributors across India and catering to the needs of mid segment standalone small QSR brands. The Company has production facility in District Mohali for all their frozen food products.The portfolio includes three categories: NonVegetarian Vegetarian and PlantBased. The Company manufacture and sell nonvegetarian products such as pizza toppings sandwich fillings burger patties snacks and more to leading QSRs CDRs and other HoReCa segment players. It manufacture and sell plantbased products such as plantbased sausages salami pepperoni Indian snacks like kebabs tikkas samosas plantbased nuggets burger patties grilled burger patties.In year 2000 the Company started commercial operations at Mohali as a retort sausage plant. Gradually in 2004 it started the QSR and helped improvise the products for the Indian palate. In 2015 the Plants capacity was enhanced to 48000 TPA. In 202122 it ventured into plantbased mock meat products further installed another unit for vegetarian products having capacity of 2280 tonnes. The Company is proposing a Public Offer of issuing 6199727 Equity Shares through Fresh Issue..