Phoenix Overseas Ltd

Incorporated in December 2002, Phoenix Overseas Limited trades and markets animal feeds, agricultural produce, and commodities, including corn, oil cakes, spices like dry red chillies, coriander, cumin seeds, food grains, tea, pulses, soya bean meal, and rice bran de-oiled cake. Phoenix Overseas Limited is a B2B trading company primarily specialising in corn/maize and oil cakes.The company is involved in the manufacturing of bags for men and women made of jute, cotton, canvas, and leather, as well as various other fashion accessories. Their clients are based in European countries like France, Italy, Germany, the UAE, and also in Australia. The company's manufacturing facility is located in Sodhpur, Kolkata. Additionally, the company manufactures purses, wallets, as well as other shopping and fashion bags for its clients.Competitive StrengthThe company's strong presence in agro commodities trading allows it to switch between exports and imports based on changes in demand or pricing for any commodity during any season.The company's clients are nationwide and international and have been long-term partners.As of September 2024, the company had 29 employees and 3 contractual employees, including its directors, responsible for various business functions.

Phoenix Overseas Ltd proposes to utilise the net proceeds from the Issue for the following objects: