Sri Priyanka Geo Commex Share Price Live

M/s. Sri Priyanka Geo Commex Limited was formed as Private Company and was incorporated on 30th April 1990 as M/s. Sri Priyanka Agro Enterprises Private Limited. The company's name changed from M/s. Sri Priyanka Agro Enterprises Private Limited to M/s. Sri Priyanka Geo Commex Private Limited on 15 November, 2024. Subsequently, Company was converted into Public Limited Company and the name of the Company was changed to M/s. Sri Priyanka Geo Commex Limited, pursuant to Fresh Certificate of Incorporation dated December 6, 2024 issued by the Registrar of Companies, Chennai. The Company is primarily engaged in the business of extraction and processing of edible oils, as well as trading in metals and minerals. The Company operate across the rice bran oil value chain, encompassing the manufacture of crude rice bran oil, its refining, and the processing of associated residues and by-products. These include De-Oiled Rice Bran (DORB), Fatty Acids, Gums, Spent Earth, and Wax products, which supports downstream industries and promotes resource utilization. The production of crude and refined rice bran oil primarily involves two stages: extraction of crude oil from rice bran, followed by refining. Company has capacity of 60,000 MT per annum for Solvent Extraction Plant and 15,000 MT per annum oil refinery. Manufacturing facility, located in the state of Andhra Pradesh, is fully automated and constructed using high-grade Stainless Steel 304. The Company established a solvent extraction plant with a processing capacity of 60 metric tons per day, designed for the extraction of oil from various oil cakes in 1995-96, which had commenced commercial operations on December 28, 1997. To drive growth and diversify inputs, Company increased solvent extraction capacity from 60 to 100 tons per day and added a rice bran preparatory facility in 2007. It established a physical refinery with a capacity of 50 metric tons per day for the refining of crude rice bran oil in 2010-11 and further increased the processing capacity of its solvent extraction plant from 100 metric tons per day to 200 metric tons per day in 2012. The Company formed a 100% owned subsidiary in Singapore, Geo Min Commodities Pte Limited, and a step-down subsidiary in Morocco, Atlas Resources International through strategic diversification in 2015. A mineral called mixed barite-fluorine (MBF) was discovered during regular mining activities in Morocco in year 2019. Company is registered as a vendor with a reputed company in USA, and has established itself as one of the largest suppliers of milled barite in North America since year 2024. Company is planning the IPO of issuing 45,00,000 equity shares of face value of Rs 10 each through fresh Issue.