Srinivasa Farms (IFC-41149)

Regions
  • South Asia
Where the impacts of the investment may be experienced.
Countries
  • India
Where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
Srinivasa Farms Private Limited
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
  • Construction
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Equity
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 23.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Mar 29, 2019

Disclosed by Bank Jul 25, 2018


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Project Description

International Finance Corporation will invest an equity of approximately USD 23 million in Srinivasa Farms Private Limited. Srinivasa is based in Hyderabad and operates an integrated layer and broiler breeding bussiness.

The proposed investment will support Srinivasa to:

  • Expand its existing layer, broiler and breeding operations by setting up additional farms and hatcheries
  • Expand its feed mills and add soya refineries
  • Setup a food park
  • Setup chicken and egg processing businesses
Investment Description
  • International Finance Corporation (IFC)
Private Actors

Srinivasa Farms Private Limited operates an integrated layer and broiler breeding (poultry) business in India and is headquartered in Hyderabad, Telangana (TS). The Company has presence in soya, feed, layer and broiler breeding and contract farming.

Contact Information

For inquiries about the project

Srinivasa Farms Private Limited 
Mr. Ganesh Uppala 
Director - Finance 
+91 40 2363 3500 
contact@srinivasa.co 
Plot No 82, Kavuri Hills- Phase 2, Madhapur, Hyderabad, Telangana – 500081 
http://srinivasa.co/ 

For inquiries and comments about IFC

IFC Communications
2121 Pennsylvania Avenue, NW
Washington DC 20433
Telephone: 202-473-3800
Fax: 202-974-4384

For local access for project documentation 

Plot No 82, Kavuri Hills - Phase 2, Madhapur, Hyderabad, Telangana – 500081

ACCOUNTABILITY MECHANISM OF IFC

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