Valencia Nutrition Share price

The Company was incorporated as “Valencia Nutrition Private Limited” on April 01 2013 under the Companies Act 1956 with the Registrar of Companies Karnataka bearing Registration No. 068380. Subsequently the status of the Company was changed to public limited company and the name of the Company was changed to “Valencia Nutrition Limited” vide Special Resolution dated March 09 2018. A fresh certificate of incorporation consequent to conversion into public limited company was issued to the Company by the Registrar of Companies Bangalore on April 09 2018. The Company’s Corporate Identity Number is U51909KA2013PLC068380.OVERVIEWThe Company is an applied biotechnology startup operating in the niche field of researching developing & marketinghigh quality best-in-class nutraceutical products i.e. multinutrient functional beverages to prevent and/or manage lifestyle related diseases.The nutraceutical market is segmented into functional foods functional beverages and dietary supplements. Globallythe nutraceutical market is predicted to record revenue of USD 671.30 billion by 2024 registering a CAGR of 7.5%during the forecast period (2019 - 2024). Globally nutraceuticals are gaining importance and are becoming a part ofthe consumer’s daily diet. Looking at the current trends the Indian nutraceutical market is forecasted to grow from avalue of US$ 2.8 Billion in 2015 to a value of US$ 8.5 Billion by 2022. Functional beverage is an emerging segmentof the Indian nutraceutical industry that was valued at US$ 0.3 Billion in 2015.With wellness increasingly becoming amainstream thought amongst the millennial population along with changing lifestyle preferences and people consciously taking preventive healthcare measures nutraceuticals are expected to gain prolific growth in the years to come.The Company is bridging the increasing gap between demand & supply for healthy products with its healthy nutritious & flavorsome drinks – ‘Bounce Superdrinks’ & ‘VitaMe Enriched Beverage’. We have been working in a most focused manner since last 4 years to fully evolve a well-researched product and develop a niche brand within this nascent but high potential market.All the formulations are created in-house by highly qualified nutrition & health care professionals. The founder of theCompany Mrs. Deepthi Anand is a biomedical professional and has over two decades of experience in the field of medical research nutrition research product development & technological applications to health. The top managementthe Company is run by seasoned professionals with substantial experience in pharmaceutical nutraceutical & FMCGspace across global brands.The Company uses a knowledge-based approach from internal and external stheces in adding new products testing them and developing them in final saleable forms. We utilize an outsthecing model that emphasizes on quality manufacturing bottling packaging and transportation. We believe that this outsthecing model provides us with the scalability required to undertake new developments across delivery formats and also enables us to focus on the core area of research product development quality control and marketing of the products.The Company believes in complying with all the necessary regulatory specifications. We firmly believe in benchmarking the product quality against the highest standards are customer centric deeply people focused and we believe in following ethical business practices and corporate governance standards overall.The Company currently operates from the registered office situated at D. No. 134 6th Main 1st Block Banashankari 3rd Stage Bangalore - 560 085 Karnataka.MAJOR EVENTS IN THE HISTORY OF THE COMPANY :2013- Incorporated under Companies Act 1956 as “Valencia Nutrition Private Limited”- Commencement of Production of “Vitame”2014- Commencement of Production of “Bounce Superwater”- Registration of Trademark “VitaMe”.2016- Registration of Trademark “Bounce Superwater”- Registration of Trademark “PREP”2017- Strategic investment by Mr. Manish Turakhia thus making him as Co-Promoter of the Company.2018- One of the Promoter Mrs. Deepthi Anand has entered into an Irrevocable Promoter Undertaking and Invention Assignment Agreement with the Company and Mr. Manish Turakhia.- Changed the status of the Company from Private Limited to Public Limited and subsequently change of name from “Valencia Nutrition Private Limited” to “Valencia Nutrition Limited”.- Agreement with A Pyaas Natural & Healthy LLP for manufacturing “Bounce Superdrinks”2019- Agreement with ATC Beverages Private Limited for manufacturing “Bounce Superdrinks” Participated in “Gulfood” a trade show held at Dubai World Trade Center