Peshwa Wheat Ltd. IPO

The Company was originally formed as a Registered Partnership Firm, under the Partnership Act 1932 (“Partnership Act”)
in the name and style of “M/s. Peshwa Wheat” pursuant to Deed of Partnership dated September 13, 2017. Thereafter, the Registered Partnership Firm was converted into Public Limited Company under the provisions of Companies Act, 2013 in the name and style “Peshwa Wheat Limited” and a fresh certificate of incorporation dated December 26, 2023, was issued by Registrar of Companies, Central Registration Centre. The Corporate Identification Number of the Company is
U10797MP2023PLC069079. The Company is engaged in the business of processing of wheat based products such as Atta - wheat flour, Sortex Wheat, Broken Wheat and processing of other flthe products such as Gram Flthe (Besan) and Maize Flour. the Company has presence in packing product segment (50 kg and 30 kg). We also utilize the by-products and waste materials, such as wheat bran generated during the manufacturing process for cattle feed. This approach ensures that the processing unit operates with zero waste and zero discharge. We currently operate with a modern, integrated flthe processing unit equipped with advanced milling and cleaning technology located at Plot No.5, Industrial Area, Apparel Cluster, Bijepur, Indore, Madhya Pradesh-452002 with an installed capacity of 56100 MTPA, where the production of the products is carried out. The operations are rooted in delivering good quality and hygienically processed flthe products, supported by stringent quality control measures. the Company is accredited with State License under Food Safety and Standard Authority of India (FSSAI) and Centre License under Food Safety and Standard Authority of India (FSSAI). To demonstrate food safety commitment, the organization has received ISO 22000 -2018, for food safety management. the in-house processing enables us to minimize production time, bring cost effectiveness, have an effective control over every stage of production process that allows continuous monitoring of the product’s quality. We market and sell the products in B2B segment majorly in the states of Madhya Pradesh, Maharashtra, Karnataka and Gujarat. the products are sold to Super Stockists who supplies to wholesalers and further the same is distributed among retailers and to customers who purchase the products in bulk quantity. This model allows us to cater to the needs of large scale buyers and establish long term business relationships.
Wheat, Chana Dal and Maize grains processing into flthe involves several key steps. First, harvested grains are cleaned to
remove impurities such as stones, chaff, and other foreign materials. The cleaned grains are then tempered with water to
achieve the desired moisture content, making it easier to separate the bran and germ from the endosperm. Next, the grains are milled through a series of rollers that progressively break down the grain into finer particles. The endosperm is ground into flour, while the bran and germ are sifted out and collected as by-products. The resulting flthe is then subjected to quality control checks to ensure it meets specified standards before packaging and distribution. The by-product of the aforesaid process, primarily wheat bran, is not wasted. Bran, rich in fiber, is often sold as a nutritional supplement for animal feed. The by-products are valuable commodities, generating additional revenue streams and contributing to waste minimization in the wheat processing. The Company is also engaged in the business of trading of vegetables such as potatoes and tomatoes. The supply and distribution of vegetables is carried out within the state of Madhya Pradesh. The Company sources these vegetables from suppliers, ensuring good quality and consistent supply. the operations include procurement, quality control and distribution to meet the needs of market. The company operates under the guidance of the promotors Mr. Rahat Ali Saiyed, Mrs. Sadaf Saiyed, Mrs. Shehnaj, Mr. Mo. Jed who individually have experience of more than 7 years, 7 years, 7 years and 7 years in the agriculture and food industry. Their experience has helped the Company to grow extensively over the period of time. the promoter and Managing Director, Mr. Rahat Ali Saiyed plays a vital role in formulating business strategies, marketing, sales and effective implementation of the same. He is responsible for the expansion and overall management of the business of the Company. His leadership abilities have been instrumental in guiding the core team of the Company. Prior to incorporation of the Company, he was associated with a partnership firm under the name and style ‘M/s. Peshwa Wheat, in the capacity of a partner.