Empire Spices & Foods ltd Share Price

Empire Spices and Foods Limited Unlisted Shares

EMPIRE SPICES & FOODS LIMITED started its journey from a small shop in Nashik, Maharashtra. The quality and taste of the spice blends produced by the company became popular in a very less time. To fulfill the growing demand, a dedicated manufacturing unit was established. This was the first step towards their renowned brand of spices – Ram Bandhu Masale. They started distributing their products to other cities in Maharashtra and in 1994, a public limited company was established and named Empire Spices & Foods Limited. The company has gradually developed a wide assortment of products. The product portfolio of Empire Spices & Foods limited includes Ground spices, Blended spices, Signature products, pickles, papads, Sauces & kinds of pasta, Hing, Snacks, and gifting. At present, the company’s brand portfolio includes Ram Bandhu, Tempting, RBM, Zaiqa, and Spice One. The company’s products are available at around half a million retail shops in 8 states of India. The company also exports its products to Singapore, Germany, the USA, the UK, UAE, and many more.

Empire Spices and Foods Limited Incorporation Details

Empire Spices and Foods Limited Principal Business Activities

Empire Spices and Foods Limited Board of Directors

Mr. Hemant M. Rathi (Chairman)

Mr. Umesh L. Rathi (Managing Director)

Mr. Sharad D. Bedmutha (Director)

Mr. Anand H. Rathi (Director)

Mr. Dnyaneshwar M. Bachhav (Director)

Mr. Avinash D. Joshi (Independent Director)

Mr. Vilas V. Shinde (Independent Director)

Empire Spices and Foods Limited Particulars of Subsidiary and Associate Companies

Empire Spices and Foods Limited does not have any subsidiary or associate company.

Empire Spices and Foods Limited Shareholding Pattern

Shareholding of Promoter.

Shareholding of Top Shareholders other than Promoters

Industry Outlook

India is known as the home of spices. Indian spices are in very high demand at the global level because of their texture, exquisite aroma, medicinal value, and taste. India is the largest domestic market for spices in the world. India is the world’s largest producer, consumer, and exporter of spices. Out of 109 varieties of spices listed by the International organization for Standardization (ISO), around 75 are produced in India.

India’s spices market grew at a CAGR of 15% from 2015 to 2020. This growth can mainly be attributed to authentic cuisines, innovative flavors, and ethnic tastes in food and snacks. The Indian packaged and blended spices market is projected to grow at a CAGR of more than 8% in the coming years.

In FY 2020, India exported spices worth US$ 3.62 billion, witnessing a growth of 10% year on year basis. Spices exported from April 2020 to February 2021 was US$ 3.55 billion and in the month of February 2021, it was US$ 348.32 million.

FAQS ON EMPIRE SPICES & FOODS LTD UNLISTED STOCK

Q1) Who is the owner of Empire Spices & Foods Ltd?

Mr Yogesh Grover is the owner of Empire Spices & Foods Ltd.

Q2) Is Empire Spices & Foods Ltd listed or an unlisted company?

Empire Spices & Foods Ltd is an unlisted company.

Q3) What are the future growth prospects of Empire Spices & Foods Ltd?

With a projected growth rate of more than 8% CAGR in the coming years the entire Indian packaged and blended spices market
is having a great prospect and Empire Spices & Foods Ltd will also be a beneficiary of this growth.

Q4) From Where i can get the latest updates on Empire Spices & Foods Ltd's share price?

To get the latest updates on Empire Spices & Foods Ltd share price you can simply visit us at wwipl.com or contact us