Century-Old Halder Venture Lists on NSE, Targets Global Growth

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AuthorVihaan Mehta|Published at:
Century-Old Halder Venture Lists on NSE, Targets Global Growth
Overview

Kolkata-based Halder Venture, a century-old agri-processing and rice milling firm, successfully listed its shares on the NSE. The move enhances investor visibility and access to capital following a court-approved restructuring that included acquiring K.S. Oil's edible oil capacity. Halder Venture now aims for accelerated growth and global expansion across Asia, Africa, and Europe.

Market Debut

The listing on the NSE brings approximately 1.24 crore equity shares of Halder Venture, valued at ₹10 face value each, to the public market. This represents the Kolkata-based company's entire paid-up equity share capital of ₹12.43 crore. The company previously held listings on the Calcutta Stock Exchange in 1984 and the BSE Mainboard in 2016, now strengthening its capital market presence on India's largest equity exchange.

Strategic Expansion and Vision

Keshab Kumar Halder, Managing Director, highlighted the listing as a defining moment, transforming the heritage milling enterprise into a professionally governed agri-processing and FMCG organization. "This milestone significantly enhances our investor visibility, liquidity and institutional engagement," he stated. The company anticipates this move will encourage disciplined capital allocation, creating a platform for accelerated growth and value generation for shareholders.

Restructuring Fuels Growth

The NSE listing follows a court-approved corporate restructuring, including the amalgamation of several group companies and the acquisition of K.S. Oil Limited's Haldia Unit. This acquisition last year significantly bolstered the company's edible oil processing capacity and manufacturing footprint in Eastern India. Halder Venture is now poised to expand its reach into new geographies across Asia, Africa, and Europe, while deepening its domestic market penetration. Future priorities include entering value-added organic foods, agri-tech initiatives, and product innovation.

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