(i) Lotte India Corporation Limited came into existence post the takeover of Parrys Confectionery from Murugappa Group in 2004.
(ii) Lotte India Corporation Limited is engaged in the business of manufacturing and marketing of confectionery products. The parent company is Lotte Confectionery Company Limited, South Korea, which is one of the leading manufacturers of confectionery products. The Company has three manufacturing plants in India and manufactures/ distributes a wide range of confectionery products like Coffy Bite, Lacto King, Caramilk, Coconut Punch, and Chocopie.
(iii) Lotte India has been instrumental in creating ‘Pie’ category in India -Lotte Choco Pie enjoys near-monopoly status. The company has Coffy Bite & Lotte Chocopie as its most valued product.
(iv) Lotte Choco Pie [100% Vegetarian] enjoys great patronage with all consumer age groups offering a multi-textural eat experience. The company has earmarked huge plans for growing the pie category in India. With 26 CFAs and 4 regional offices, Lotte India’s products reach out to over a million retail outlets through 2000+ distributors spread across the country. Apart from the two state-of-the-art, fully automated Choco Pie facilities in Chennai and Rohtak, Lotte India has its own confectionery manufacturing unit in Nellikuppam (near Pondicherry). Additionally, the company outsources its confectionery manufacture to three other units spread across India.
|Total Available Shares:||100|
|Face Value:||₹ 10 Per Equity Share|
|Lot Size:||50 Shares|
|Current Unlisted Share Price:||₹ Best in Industry Per Equity Share|
|Year||Total Debt||Net Worth||Debt to Equity||Current Ratio|