Vintage Coffee Brews Bold Expansion: Raises ₹2,160 Cr via Preferential Issue to Fuel Global Ambitions

Vintage Coffee and Beverages Ltd has successfully raised ₹2,160 crore through a preferential share issue, marking a major capital infusion aimed at scaling its instant coffee and chicory export business. The funds will be deployed to expand manufacturing capacity, enhance R&D, and strengthen global distribution, particularly in Europe and Southeast Asia.

 

The company, which operates through subsidiaries like Delecto Foods Pvt Ltd, has seen a sharp turnaround in financials—posting a net profit of ₹11.98 crore in FY24, up from ₹3.86 crore in FY23. Its revenue more than doubled to ₹131 crore, driven by strong demand for its FILCO and VELOX product lines.

 

The preferential issue comes amid a 36% rally in the stock over the past three months, reflecting investor confidence in Vintage’s growth trajectory. Promoters now hold 39.17%, while retail and institutional interest continues to rise.

 

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Source: Upstox – Vintage Coffee Share & Financials | Livemint – Vintage Coffee Stock Overview