ICL Multitrading India Limited IPO

ICL Multitrading India Limited is a diversified product branding and distribution company having categories across consumer, gifting and others products varieties.  It primarily sells its product under its home brand ‘ICL’, that it generally gets manufactured from third-party producers.

Date Of Incorporation: The Company was incorporated as ‘ICL Infradevelopers Private Limited’  under Indian Companies Act 19546, on 07th September 2012 at Uttar Pradesh. Eventually, It was reformed into the public limited company ‘ ICL Multitrading India Limited’ on 8th December 2018.

Promoters of ICL Multitrading India Limited: Mr. Roop Kishore Gola, Mr. Avadhesh Kumar Gola, Rajni Gupta, and Image Carrer Limited are the promoters of ICL Multrading India Limited.

Products and Services Offering: The Company offers major lists of products including Spices, Suiting-Shirting & Related Accessories, Tea, and Incense Sticks among additional ranges. Besides this, it has also entered in the field of distribution of herbal products.

Consumer Segments: The company follows a well-structured distribution channel through a link of warehouses, super stockist and distribution while primarily focusing on in the states of Uttar Pradesh, Uttarakhand, and Jharkhand areas.

Objects of ICL Multitrading India Limited IPO: The Core Objectives of this Issue are:

• - To fulfil Working Capital needs of the Company

• - To meet Advertising and Branding related Expenses.

• - General Corporate Expenses.

• - Issue Expenses.

Company Financials: