Megastar Foods
Megastar Foods Limited is a publicly listed Indian bulk wheat flour processor (BSE: 541352), founded in 2011 and headquartered in Chandigarh. It produces specialized wheat flour for B2B food production industries across India and abroad, serving biscuit, cookie, pizza, and bread/bun manufacturers using imported Buhler machinery.
- Company typePublic
- Founded2011
- HeadquartersChandigarh, India
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
What Megastar Foods does
Megastar Foods Limited (BSE: 541352) is an India-based, publicly listed bulk wheat flour processor founded in 2011 and headquartered in Chandigarh with manufacturing operations in Roopnagar, Punjab. The company produces specialized wheat flour products for B2B food production industries across India and international markets, with end-use applications spanning biscuits/cookies, pizzas, breads & buns, and other downstream food products.
The company's production platform is anchored by imported Buhler (Switzerland) food-processing machinery, supported by a 12,000 MT covered wheat warehouse, EPOXY-floored processing areas, NBHC-managed pest control, and an in-house quality control laboratory equipped with a Buhler Moisture Meter (MYFC), Farinograph, Falling Number Machine, and SDmatic starch-damage analyzer. Megastar holds BRC certification (Intertek/UKAS), Organic certification (Ecocert India), HALAL certification, and adheres to GMP and GLP standards, enabling it to serve regulated export and food-industry customers.
Megastar generates revenue through direct B2B bulk sales of wheat flour to food production enterprises, with pricing negotiated on a volume and specification basis (no public pricing disclosed). The company is led by founder Madan Lal Aggarwal, with Manisha Gupta as CFO and Deepali Chhabra as Company Secretary & Compliance Officer. It maintains a dispersed public shareholding structure, with notable investor Ashish Kacholia holding a 1.04% stake (2022). A subsidiary, Megapacific Ventures Private Limited, and prior acquisition filings (2019) indicate limited but recurring inorganic activity. In November 2024, Megastar secured a 15-year 100% electricity duty exemption from the Punjab government with eligible incentives up to Rs 881.86 crore, materially strengthening its unit economics and supporting forward capacity expansion.
Megastar Foods firmographics
Firmographics- Name
- Megastar Foods
- Legal name
- Megastar Foods Limited
- Website
- https://megastarfoods.com
- Company type
- Public
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Megastar Foods Limited is a publicly listed Indian bulk wheat flour processor (BSE: 541352), founded in 2011 and headquartered in Chandigarh. It produces specialized wheat flour for B2B food production industries across India and abroad, serving biscuit, cookie, pizza, and bread/bun manufacturers using imported Buhler machinery.
- Ownership category
- akta.pro rank
Megastar Foods industry classification
Industry- Product category
- Wheat Flour Products / Industrial Food Ingredients
- NAICS
- Starch and Vegetable Fats and Oils Manufacturing (31122), Breakfast Cereal Manufacturing (31123)
- SIC
- Grain Mill Products (2040), Bakery Products (2050)
- akta.pro primary industry
- Flour & Milling Products Manufacturing (wheat, corn, rice, specialty flours) (AFAKABAD)
- akta.pro secondary industry
- Starches, Flours & Milling Products Trading/Wholesale (AFAIAKAH)
Keywords
Where Megastar Foods is headquartered
LocationHeadquarters
- HQ city
- Chandigarh
- HQ country
- India
- HQ region
- Asia
Offices2 records
Markets served
Megastar Foods business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Wheat Flour Products: Bulk production and supply of wholesome Wheat Flour Products to food production industries throughout India and abroad. Products are used for preparation of biscuits/cookies, pizzas, breads & buns, and other products.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Megastar Foods product offering
Product offeringCore offering
Megastar Foods operates bulk food processing facilities in Punjab, India, producing a wide range of specialized wheat flour products from selected wheat grains. The company manufactures and supplies these wholesome wheat flour products to food production industries across India and abroad, serving as a key ingredient in the production of biscuits/cookies, pizzas, breads & buns, and other food products under hygienic, hand-untouched processing conditions.
Product overview
Megastar Foods operates as a bulk food processing company producing specialised Wheat Flour Products from Punjab, India. The company manufactures a range of wholesome wheat flour products supplied to food production industries across India and globally. Their product portfolio centers on the core Wheat Flour Products offering, which serves as a key ingredient in customers' production chains for biscuits/cookies, pizzas, breads & buns, and other food products. The company positions itself as a value-adding link between wheat procurement and processing, delivering quality products according to client specifications and production schedules.
Differentiator
Problem solved
Functional benefit
Products and services
- Wheat Flour Products Specialized bulk-processed wheat flour products manufactured from selected wheat grains under hygienic, hand-untouched conditions, supplied to food production industries across India and abroad as a key ingredient for biscuits/cookies, pizzas, breads & buns, and other food products.
Companies that use Megastar Foods
Customer profileNamed customers3 records
Segments1 record
Ideal customer profiles1 record
Megastar Foods technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Megastar Foods partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Punjab Government Department of Industries & CommercecoreMegastar Foods secured a 100% electricity duty exemption for 15 years from the Punjab government's Department of Industries & Commerce, effective from November 18, 2024, or up to 100% of its Fixed Capital Investment of ₹8867.86 lakhs, whichever comes first. The company is additionally eligible for incentives amounting to ₹881.86 Crores.
Scale indicators8 records
Recent moves8 records
Expansion highlights4 records
Megastar Foods competitors and assessment
Company assessmentDirect peers
- Vippy Industries Limited: Indian B2B wheat flour manufacturer based in Madhya Pradesh producing specialized flours (maida, atta, rawa, bran) for food processing industries. Highly comparable in product mix, customer base (bakery/biscuit makers), and technology-driven approach to Megastar.
- Ankit India Limited: Listed Indian player in wheat processing and specialty flour products serving food industry customers. Directly comparable business model, scale, and customer verticals to Megastar.
- Sukhjit Starch & Chemicals Limited: Indian manufacturer of starch, derivatives, and value-added flour-based products for food and industrial customers. Overlaps with Megastar in grain-based processing for B2B food/industrial buyers, with comparable scale.
- Lakshmi Energy and Food Industries Limited: Listed Indian agro-processing company producing wheat-based products and other staples for B2B food industry customers. Directly comparable in product line, customer verticals, and small-cap listed profile.
Broad incumbents
- Gujarat Ambuja Exports Limited: Large Indian agro-processing company producing maize/wheat-based starches, flours, and value-added ingredients for food industry customers. Comparable as a broader-scale B2B grain processor serving overlapping customers.
- Cargill India: Subsidiary of global agribusiness giant operating in India across grain origination, milling, and food ingredient supply. Comparable in B2B grain-based ingredient supply to food processors, though much broader in scope and scale than Megastar.
- ITC Limited (Agri Business): Diversified Indian conglomerate with significant wheat sourcing, milling, and ingredient supply operations. Adjacent incumbent that competes for B2B food-industry wheat flour customers at much larger scale.
- Adani Wilmar Limited: Large Indian food FMCG and ingredient company with wheat flour (Atta) manufacturing operations serving both retail and institutional buyers. Broader incumbent with overlapping wheat flour milling capability.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Customer concentration
Megastar Foods social profiles
Digital presenceMegastar Foods compliance and trust
Trust signalCompliance5 records
Megastar Foods financial estimates
Financial estimateRevenue estimate
Valuation estimate
Megastar Foods leadership team
Management profileNumber of profiles
Profiles3 records
Megastar Foods subsidiaries and ownership
Company hierarchySubsidiaries1 record
Megastar Foods funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Megastar Foods M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Megastar Foods
What does Megastar Foods do?
Megastar Foods operates bulk food processing facilities in Punjab, India, producing a wide range of specialized wheat flour products from selected wheat grains. The company manufactures and supplies these wholesome wheat flour products to food production industries across India and abroad, serving as a key ingredient in the production of biscuits/cookies, pizzas, breads & buns, and other food products under hygienic, hand-untouched processing conditions.
Is Megastar Foods a public or private company?
Megastar Foods is a public company. It is classified as public and is currently operating.
When was Megastar Foods founded?
Megastar Foods was founded in 2011. It employs 101 to 250 people.
Where is Megastar Foods based?
Megastar Foods is headquartered in Chandigarh, India, in the Asia region.
How does Megastar Foods make money?
One revenue line is on record: wheat Flour Products.
Who are Megastar Foods's main competitors?
Direct peers on record are Vippy Industries Limited, Ankit India Limited, Sukhjit Starch & Chemicals Limited and Lakshmi Energy and Food Industries Limited. Broad incumbents are Gujarat Ambuja Exports Limited, Cargill India, ITC Limited (Agri Business) and Adani Wilmar Limited.
Does Megastar Foods have an API?
No public API is recorded for Megastar Foods.
What industry is Megastar Foods in?
Megastar Foods's product category is Wheat Flour Products / Industrial Food Ingredients. Its primary akta.pro industry code is AFAKABAD, Flour & Milling Products Manufacturing (wheat, corn, rice, specialty flours), with a secondary code of AFAIAKAH, Starches, Flours & Milling Products Trading/Wholesale. Its NAICS code is 31122 and its SIC code is 2040.