Phoenix Overseas Limited

About  Phoenix Overseas Limited

Incorporated in December 2002, Phoenix Overseas Limited, is engaged in the export of various agricultural produce and commodities, such as corn, oil cakes, and a variety of spices including dry red chilies, coriander, and cumin seeds. The company also deals in essential food grains like rice, wheat, and sorghum, as well as pulses and agricultural feeds like soya bean meal and rice bran de-oiled cake. Significant portions of these products are imported into India, including lentils and black urad dal, while major export destinations include Bangladesh and other Asian countries. As a B2B trader, the company maintains large stocks of corn and oil cakes, distributing them to institutional clients, manufacturers, and exportersis engaged in the export of various agricultural produce and commodities, such as corn, oil cakes, and a variety of spices including dry red chilies, coriander, and cumin seeds. The company also deals in essential food grains like rice, wheat, and sorghum, as well as pulses and agricultural feeds like soya bean meal and rice bran de-oiled cake.

 Significant portions of these products are imported into India, including lentils and black urad dal, while major export destinations include Bangladesh and other Asian countries. As a B2B trader, the company maintains large stocks of corn and oil cakes, distributing them to institutional clients, manufacturers, and exporters.  Phoenix Overseas Limited is a distinguished player in the global trade and manufacturing sectors, has recently achieved the prestigious Three Star Export House recognition from the Ministry of Commerce and Industry, Government of India. The recognition reflects Phoenix Overseas Limited's commitment to quality and excellence across its diverse business operations, including the export of agricultural commodities and a wide range of manufactured products.The company's operations span several sectors, demonstrating its versatility and adaptability in the global market. 

In addition to its trading operations, Phoenix Overseas Limited is involved in the manufacturing and export of a diverse array of fashion accessories. The company produces high-quality jute bags, purses, wallets, belts, and other fashion items crafted from materials such as cotton, canvas, and leather. These products are tailored for buyers in European countries, including France, Italy, Germany, and the UAE, as well as in Australia. The company's manufacturing facility, located in Sodhpur, Kolkata, is equipped to handle a wide range of production needs, catering to a global clientele with distinct fashion requirements.

Moreover, Phoenix Overseas Limited has diversified into the food preservation sector through the acquisition of Phoenix Cold Storage Private Limited. This integration has bolstered the company’s capabilities with a multipurpose cold storage facility and a dedicated potato storage unit, collectively offering a storage capacity of approximately 11,827 metric tons. The cold storage division provides essential preservation services for a broad spectrum of food products, from fruits and vegetables to ice creams and sweets. Additionally, the company operates a warehouse with a capacity exceeding 10,000 metric tons near the Indo-Bangladesh Border, ensuring efficient storage and distribution of bulk commodities such as corn and oil cakes. This strategic infrastructure supports Phoenix Overseas Limited's comprehensive approach to supply chain management and underscores its commitment to meeting diverse client needs in both domestic and international markets.

Phoenix Overseas Limited prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives:

1. Funding our working capital requirements.
2. Pursuing inorganic growth initiatives. 
3. General corporate purposes.