About GRM Overseas Limited

GRM Overseas Limited is a food company with a 45–50+ year legacy in the rice industry that has expanded from being among India’s leading Basmati rice exporters to a consumer-focused FMCG player. Its reach spans 42–51+ countries, supported by 2,200+ store tie-ups and 270+ distributors.

The Group operates three manufacturing locations—Panipat (Haryana), Naultha (Haryana) and Gandhidham (Gujarat)—with annual production capacity of 4,40,800 MT, comprising 3 milling plants (550 MT/day) and 9 sortex plants (1,400 MT/day). It also runs two warehousing facilities totalling about 1.75 lakh sq ft adjacent to its Kutch, Gujarat factory, enabling faster shipments via Kandla and Mundra ports.

Products and brands: Domestically, GRM sells staples under the 10X brand (rice, spices, atta, and ready-to-eat meals). Internationally, it markets premium brands Himalaya River and Tanoush; the global business is predominantly private-label (≈95%), with the balance via proprietary brands through its UK-based subsidiary, GRM International.

Quality and compliance: The company highlights multiple certifications, including ISO 22000:2005, BRC, Kosher, Organic, GMP and US FDA, across its facilities.

Subsidiaries: As at March 31, 2025, GRM has two subsidiaries—GRM International Holdings Ltd. and GRM Foodkraft Private Limited—and one step-down subsidiary, GRM Fine Foods Inc. There are no associates or joint ventures.

Key milestones noted in the report include the 2018 launch of premium global brands (Himalaya River, Tanoush), and the ramp-up of the domestic FMCG portfolio under 10X.

GRM Overseas Limited Business Segments

By geography (FY25): India 41%; International 59%.

Segment details:

• International business: Contributed 59% of total revenue in FY25 (≈Rs 783 crore); large presence across 42+ countries; strong in MENA. Mix is ~95% private label, ~5% own brands via GRM International (UK).

• India (domestic branded) business: Reported about Rs 539 crore in FY25 under flagship 10X across categories such as edible oil, atta and rice.
  

GRM Overseas Limited Key Management 

• Mr. Atul Garg – Chairman & Managing Director

• Mr. Hukam Chand Garg – Founder & Non-Executive Director

• Mrs. Mamta Garg – Executive Director

• Mr. Nipun Jain – Non-Executive Director

• Mr. Atul Garg – Chairman & Managing Director

• Mr. Vedant Garg – Chief Financial Officer

• Mr. Sachin Narang – Company Secretary (and Compliance Officer)

Latest Updates on GRM Overseas Limited

• Domestic brand acceleration: The India business scaled to ~Rs 539 crore in FY25, led by edible oil, atta and rice (10X).

• Brand & marketing: On-boarded Bollywood actor Salman Khan as Brand Ambassador; launched CGI ad campaigns for 10X Zarda King; continued extensive BTL marketing.

• Strategic investment platform: Launched 10X Ventures to invest in digital-first D2C/lifestyle brands; first deal—acquired a 44% stake in Swmabhan Commerce Pvt. Ltd.

• Export scale & positioning: International business formed 59% of revenue in FY25; GRM cites a footprint of 42+ countries and strong positioning in MENA.