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About Avanti Feeds
Incorporated in Jan.'93 as a private limited company, Avanti Feeds Ltd (AFL) was converted into a public limited company in Oct.'93 and the name of the company was changed to AFL. The company was promoted by A V Rao and others.
AFL went public in May '94 to part-finance the project of setting up a 100% EOU to manufacture 10,000 tpa of shrimp feed at Kovvur (West Godavari Dist), Andhra Pradesh. AFL entered into a technical collaboration with one of the leading shrimp feed manufacturers, Pingtai Enterprises Co, Taiwan. The plant was set up to produce scientifically formulated and nutritionally balanced water-stable international-quality shrimp feed in India. The company imported one complete set of shrimp feed processing equipment from IDAH Machinery, Taipei, Japan. The project has been successfully implemented almost in time and commercial production commenced from Nov.'94.
In 1998-99, it increased the installed capacity of feed plant to 20,000 MT and shrimp shell meal manufacturing unit and pre-processing unit at Eathakota, East Godavari Dist has also been completed.
In 1999-2000, the backward integration projects of wheat flour plant and shrimp shell manufacturing plant have been successfully completed and started commercial production.
The company had set up a Shrimp Feed Manufacturing Plant with a production capacity of 10,000 MT P.A and the commercial production started from Mid of June,2001.Modernisation and Upgradation of Shrimp Processing was taken up at Ravulapalem. The company has entered into a technical and marketing collaboration agreement with M/s Thai Union Feed Mill Co. Limited,Thailand.
Parent Organisation
Indian Private
Managing Director
A Indra Kumar
Founded
1993
NSE Symbol
AVANTIFEED
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Avanti Feeds Ltd FAQs
What is the share price of Avanti Feeds Ltd (AVANTIFEED) shares?
Avanti Feeds Ltd (AVANTIFEED) share price as of October 22, 2024, on NSE is Rs 572.35 (NSE) and Rs 572.35 (BSE) on BSE.
Can I buy Avanti Feeds Ltd (AVANTIFEED) from Angel One?
Yes, You can buy Avanti Feeds Ltd (AVANTIFEED) shares by opening a Demat account with Angel One.
How do I buy Avanti Feeds Ltd (AVANTIFEED) from Angel One?
Avanti Feeds Ltd (AVANTIFEED) share can be bought through the following modes:
1. Direct investment: You can buy Avanti Feeds Ltd (AVANTIFEED) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Avanti Feeds Ltd (AVANTIFEED) shares.
1. Direct investment: You can buy Avanti Feeds Ltd (AVANTIFEED) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Avanti Feeds Ltd (AVANTIFEED) shares.
What is the main business of Avanti Feeds ?
Avanti Feeds Limited is a premier shrimp exporting company in India, which operates its own shrimp hatchery and provides high-quality shrimp and shrimp feeds to shrimp farms across the country. It is recognised as one of the top suppliers in the Indian shrimp industry.
Who are the promoters of Avanti Feeds ?
Srinivasa Cystine Private Limited and Alluri Indra Kumar are the major promoters of Avanti Feeds.
What are the Subsidiaries that comes under Avanti Feeds ?
Avanti Frozen Foods Private Limited (AFFPL) and Svimsan Exports & Imports Private Limited (SEIPL) are the Subsidiaries that comes under Avanti Feeds.
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