Reputed Shrimp Exporter Raising Funds In Surat

About Business

They are engaged in the cultivation, processing, and exports of shrimps such as Black Tiger and Vannami/White shrimps. The group has been present in the industry for more than two decades and is regarded as one of the major players in shrimp exports.

Clientele type

1 SRS HOLDING COMPANY LIMITED JAPAN
2 HANWA COMPANY LIMITED JAPAN
3 SAMUELS AND SONS’ SEAFOOD USA
4 TANDEL’S TRADING USA LLC USA
5 CENSEA INC USA
6 AQUA STAR (USA) CORPORATION USA
7 BLUE SEA PRODUCTS LLC USA

Retail:
1 WALMART USA
2 WEIS USA
3 KROGER USA
4 RESTAURANT DEPOT

Premises

OWNED

Premise Size: 170 hectares

Market Value (in INR): 250.00 Cr

Buildinng/ office premises/ production facility : 1,55,000 sq ft
Aquaculture farms : 170 hectares

Asking Price Includes

The terms of transaction will be discussed with potential investors.

Reason

Expansion into new geographic markets. They are currently evaluating opportunities of expanding their export operations into Europe & Australia.

More Details

They have hundreds of hectares of shrimp farm, fully scaled up and tightly monitored for quality, hygiene, and health standards. No steroids or antibiotics are used in the farm or any other areas of produce, ensuring all of their produce are completely hygienic, safe & secure. It is this approach of Farm Fresh Delicious quality that makes them stand apart from their competitors.

According to CRISIL Research, the global per capita consumption of seafood increase further to approximately 22 kg by 2026, driven by rising population and disposable income. Further, CRISIL Research expects that over the next three years, Indian shrimp and prawn exports will grow at a CAGR of 16-18% in value terms and 15-16% in volume terms. They believe their existing scale of operations and reputation as a quality processed shrimp producer will allow them to capitalize on the growth in the processed shrimp industry. Their processing plant is located in close proximity to the main shrimp farming regions of Gujarat. In addition, as a result of their long-standing relationship with their farmers and strong procurement network, they are able to regularly procure raw shrimp required for their processing facility. As a result of organic growth with their major customers and through the addition of new customers and they aim to continue expanding their production volumes. They believe these factors will allow them to capitalize on the expected growth in the Indian processed shrimp industry.