Parry Agro Industries Limited Unlisted Shares
Parry Agro, one of the leading producers of CTC, Orthodox, Organic and Green teas, in India, is a part of the Murugappa Group, which is among the most respected business conglomerates in India. The Group has 28 businesses including nine listed Companies traded in NSE & BSE. Headquartered in Chennai, the major Companies of the Group include Carborundum Universal Ltd., Cholamandalam Investment and Finance Company Ltd., Cholamandalam MS General Insurance Company Ltd., Coromandel International Ltd., Coromandel Engineering Company Ltd., E.I.D. Parry (India) Ltd., Parry Agro Industries Ltd., Shanthi Gears Ltd., Tube Investments of India Ltd., TI Financial Holdings Ltd and Wendt (India) Ltd. Market leaders in served segments including Abrasives, Auto Components, Transmission systems, Cycles, Sugar, Farm Inputs, Fertilisers, Plantations, Bio-products and Nutraceuticals, the Group has forged strong alliances with leading international companies such as Groupe Chimique Tunisien, Foskor, Mitsui Sumitomo, Morgan Advanced Materials, Sociedad Química y Minera de Chile (SQM),Yanmar & Co. and Compagnie Des Phosphat De Gafsa (CPG). The Group has a wide geographical presence all over India and spanning 6 continents.
In a country that is the second largest tea-growing region in the world, Parry Agro has estates across the best tea regions in India. In South India, the estates are spread across Sheikalmudi, Murugalli, Paralai and Iyerpadi, in the Anamallai Hills; Attikunna and Carolyn, in the Nilgiris–Wayanad region; and in Assam, at Deckiajuli and Sirajuli, along with the banks of the river Brahmaputra. These estates produce some of the finest Indian teas.
Spread over 3,210 hectares, the tea estates and factories at Parry Agro produce around 14 million kilograms annually. Over the last five decades, the brand’s reputation and respectability, as one of the premier tea growers have been well established across the globe.
Products of the Company:
A> Organic Tea
They are one of the pioneers in Organic tea cultivation and are known for sustainable cultivation techniques. With clearly segregated buffer zones and zero-tolerance for anything inorganic, they use bio-nutrients and repellents and practice natural pest-control methods.
Paralai Estate and Iyerpadi Factory have been certified organic by IMO, NOP (Organic Standards of USA) and NPOP (Organic Standards of India).
B> Conventional Tea
Conventional Tea Cultivation in the estates adheres to the Plant Protection Code (PPC) laid down by the Tea Board of India, which focuses on developing a sustainable tea code that is based on Indian realities and globally accepted sustainability principles. On the basis of our social, economic, agronomic and environmental performance our tea plantations in South India are Trustea-certified. The Trustea code covers all aspects of tea production and manufacturing.
Parry Agro Industries Limited Unlisted Shares Details:
|Total Available Shares:||1122|
|Face Value:||₹ 10 Per Equity Share|
|Lot Size:||25 Shares|
|Current Unlisted Share Price:||₹ 650 Per Equity Share|
|Retail Discount:||Bulk Deal (1%)|
Promoters And Management:
Financials of Parry Agro Industries Limited Unlisted Shares:
(Figures in Lacs)