When we hear or read the title – AMUL, our minds instantly say – The Taste Of India.
We all might have heard of AMUL and consumed its products at least once in our lifetime. In fact, generations of Indians have grown up consuming their beloved dairy products, ranging from ice cream and chocolates to butter and milk.
Not surprisingly, AMUL is the largest dairy producer in India and the eighth largest in the world. As an investor, it does make you wonder – Is Amul Listed In NSE, and if you can invest in the dairy giant? Let’s find out in this blog!
About The Company
AMUL stands for Anand Milk Utpadak Ltd. It is based out of Anand, Gujarat, and has a rich history of dairy in India. Founded in 1946, the company has been operational for as long as India’s independence from the British Raj.
What grew Amul to what it is today is largely credited to one man and his vision – Dr. Verghese Kurian, also known as the Milk Man Of India. Kurian started what is widely known as the White Revolution of India, which has changed the way we view and consume dairy products.
Through Gujarat Co-Operative Milk Marketing Federation Ltd (GCMMF), AMUL was marketed to the brand it is today. Currently, GCMMF is the largest food marketing organization in India.
AMUL started as a union among farmers in Gujarat and today, they are partnered with 3.1 million farmers nationwide. The keyword here is partner – not worker, as 80% of the revenue earned is given back to the farmers as they are the owners of AMUL. That means for every ₹1 earned, 80 paise is given back to the farmers.
Is Amul Listed In NSE?
Did you know that AMUL is the largest FMCG company in India?
They have surpassed even the likes of Britannia, Nestle, and Hindustan Unilever in terms of sales turnover.
The only reason this knowledge is not as publicized is – AMUL, unlike its competitors, is not listed. They are already the –
- Largest Dairy Producer in India
- Eight Largest Dairy Producer worldwide
- Highest Sales Turnover for an FMCG company
Will Amul Go Public?
Currently, AMUL has a great market presence and its sales turnover is also exceptional when compared to its listed competitors. As of now, there is no news on AMUL going public in the near future.
What Is Amul Share Price?
As AMUL is not a listed company and is part of a private cooperative (GCMMF), there is no share price available for the FMCG company.
Amul Products
The product range for AMUL is vast. This puts AMUL in direct competition with a lot of big FMCG companies, domestic and international. Some of the products they sell are –
- Milk
- Ghee
- Dark Chocolates
- Cheese
- Bread
- Ice cream
- Sweets
AMUL’s competitors
Let us discuss various Amul competitors for ice cream and dairy products.
- Mother’s Dairy
- Kwality Walls
- Hershey
- Mars
- Heritage Foods
- Britannia Industries
- Hatsun
- Dodla Dairy
- Milky Mist
Also Read: Is Swiggy Listed In Stock Market? Funding, IPO, and Acquisitions!
In Closing
What do you think? Should AMUL consider going public in the near future or should it remain a private entity? Let us know below. So, that’s all for the article on “Is Amul Listed In NSE”. Happy Investing!
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