India’s Vintage Coffee and Beverages to raise funds for new plant

GlobalData

Mon, Jul 7, 2025, 8:53 AM 2 min read

Vintage Coffee and Beverages Limited plans to raise Rs2.15bn ($25.1m) through equity shares and convertible warrants to fund a new plant.

In a stock exchange filing, Vintage Coffee and Beverages said its board of directors has approved issuing up to 15 million equity shares and 2.4 million convertible warrants on a preferential basis.

The company aims to increase its spray-dried and agglomerated coffee capacity to 11,000t per annum by 31 March 2026, up from the current 6,500t per annum.

Vintage Coffee and Beverages said the funds will support the establishment of a 5,000t per annum freeze-dried coffee plant, enabling it to “capture volume share in the premium coffee segment”.

The investment will also support the expansion across South-East Asia, Latin America, the Middle East, Europe and west Africa.

The Hyderabad-based group said it expects the issue to “bring on board high quality and marquee shareholders of scale and repute”.

Balakrishna Tati, the chairman and managing director of Vintage Coffee and Beverages, said the group “remains at the forefront to capture the global coffee demand backed by quality, service and product innovation”.

“The proposed preferential issue will support VCBL's growth through FY26-FY28. I am thankful to all investors and stakeholders for supporting us in this journey ahead,” he added.

Vintage Coffee and Beverages markets products under the Vintage, Filco, Velox and Intulin brands.

For the financial year ending 31 March, the company reported revenue of Rs3.08bn and an operating profit of Rs501.4m, up 135% and 139% respectively over the previous year.

Profit after tax for FY25 increased to Rs401.5m, a 235% growth over the prior year.

"India’s Vintage Coffee and Beverages to raise funds for new plant" was originally created and published by Just Drinks, a GlobalData owned brand.

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