<h1>Food manufacturer launches IPO to raise 30.36 crore rupees through equity shares on BSE SME platform</h1> A food manufacturing company specializing in refined castor oil and castor de-oiled cake opened its initial public offering on June 30, 2025, seeking to raise approximately 30.36 crore rupees. The IPO consists of 26.4 lakh equity shares priced at 115 rupees each, with listings planned on the BSE SME platform. Share allocation includes equal portions for non-institutional and retail investors, plus a smaller allocation for market makers. The company plans to use proceeds for debt repayment, facility expansion, working capital requirements, and general corporate purposes. The offering closes on July 2, 2025.