NFP Sampoorna Foods IPO

Incorporated in 2023, NFP Sampoorna Foods is involved in the food processing and trading segment, with a portfolio of dry fruits like cashew nuts (raw and processed), makhana (fox nuts), almonds, and walnuts. The company markets and services the Indian market exclusively and deals with its customers on a B2B, B2C, and B2G model.

Cashew is a dominant product and accounts for 55.37% of revenue during April to November 2025. It procures raw cashew nuts from African farmers and domestic importers in India and produces cashew kernels in-house. To foray into the health foods business, they introduced makhana in August 2024, almonds in March 2025, and walnuts in September 2025. The source of makhana is farmers in Bihar and almonds are imported from California via Delhi NCR importers.

The sales are mostly offline and B2B. For April to November 2025, B2B segment made up 95.3% of their revenues, followed by 2.45% from B2C, and 2.18% from B2G. The online sale of product through website sampoornanuts.com or any other online portals like Amazon, Blinkit, or Mystore is negligible, contributing only 0.35% to total revenues. The revenues from processing, which include cashew nuts, comprised 55.3%, and trading comprised 44.6%.

It deals in various kinds of products at different price points, including cashew in the range of ₹300 to 1,500 per kg, makhana in the range of ₹700 to 1,400 per kg, almond in the range of ₹600 to 950 per kg, and walnuts in the range of ₹950 to 1,400 per kg. Region-wise, the company is primarily dominated by the Delhi market at 51.2% shares in the revenue, followed by Gujarat at 19.6% and Haryana at 18.9% as of April to November 2025.