Leo Dryfruits & Spices Trading Ltd - Stock Valuation and Financial Performance

Leo Dryfruits & Spices Trading Limited was originally incorporated under the name ‘Leo Dryfruits & Spices Trading Private Limited’ under the provisions of the Companies Act, 2013 vide Certificate of Incorporation dated November 16, 2019, issued by the Registrar of Companies, Central registration Centre. Subsequently, the status of the Company was changed to public limited and the name of the company was changed to ‘Leo Dryfruits & Spices Trading Limited’ vide Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting of the company held on June 20, 2023. The fresh certificate of incorporation consequent to conversion was issued on July 07, 2023, by Assistant Registrar of Companies/ Deputy Registrar of Companies/ Registrar of Companies, Centralised Processing Centre.

The company is engaged in manufacturing/processing, trading and marketing of wide range of spices, dry fruits and other grocery products under the brand name ‘VANDU’ and frozen/semi fried products under the brand name of ‘FRYD’. The company is engaged in supplying of various whole spices and blended spices under spices category, plain, roasted and flavoured dry fruits under dry fruits category and ghee, various type of seasoning, chiz bites, poppy seeds, sesame seeds and many more under other grocery products category in different packaging sizes.

To expand its product range, it is selling ghee under its brand name ‘VANDU’ which is manufactured and packed by reliable manufacturer that adhere to follow strict quality standards along with the necessary approvals to ensure its customers receive the same level of quality and excellence expected from its brand. The company is also dealing in other grocery products such as seasonings, chili flakes, garlic powder, asafoetida (hing), black salt, pulses, dry ginger, fennel seeds, fenugreek seeds, nigella seeds, mace, nutmeg etc. which are sourced from third party producers or wholesalers and sell under ‘Vandu’ brand. Also, it is acting as anchor distributor to re distribute the soft drink named campa cola. It does not have any long-term agreement with any of such vendors for supply of ghee or any of the grocery products. 

The company is doing its business in two verticals i.e., trading and manufacturing/processing of wide range of spices, dry fruits, frozen/semi fried products and other grocery products. Under trading division, it is dealing in various types of whole spices and dry fruits in bulk quantity under unbranded sale, various types of whole spices and dry fruits in smaller quantity under its brand name ‘VANDU’ and frozen/semi fried products under the brand name of ‘FRYD’.

Business area of the company

The company is engaged in manufacturing/processing, trading and marketing of wide range of spices, dry fruits and other grocery products under the brand name ‘VANDU’ and frozen/semi fried products under the brand name of ‘FRYD’

Products of the company

Spices 

• Whole spices
• Blended spices

Dry fruits

Frozen/Semi Fried

Other grocery products

History and milestones

• 2019: Incorporation of the company as private limited company.
• 2022: Received FSSAI License from Food and Drug Administration Food Safety and Standards Authority of India License under FSS Act, 2006.
• 2023: Conversion of the company from Private Limited to Public Limited Company.