Aveer Foods Limited (BSE: AVEER) manufactures and sells processed foods, including pickles, ketchups, sauces, chutneys, thecha, and handmade and machine-made papads under the Pravin brand; it processes agricultural products such as raw mangoes, lemons, tomatoes, and spices. The company operates primarily in the Indian domestic market, targeting households and retail consumers with authentic, tradition-inspired food products. Incorporated in 2019 and headquartered at Plot 55/A/5-6, Hadapsar Industrial Estate, Pune, Maharashtra, India, Aveer Foods traces its origins to a family business spanning over 60 years.
In recent developments, the company acquired the business of Kamal Industries, a related-party partnership firm in Dharwad, as a going concern on a slump sale basis effective April 30, 2025, expanding its production capabilities. This followed the execution of a Business Transfer Agreement on April 1, 2025, marking a significant operational enhancement within the last year. Additionally, Aveer Foods listed its equity shares on the BSE in January 2023 and reported strong financial performance, including standalone net profit growth of 771.43% in the March 2025 quarter and 331.58% in the December 2024 quarter.