Incorporated in 1993 for setting up a 100% export-oriented semi-intensive aqua culture unit with a hatchery, Sea Gold Aqua Farms is promoted by K Sudheer and his associates. The shrimp farm is located at Korlam Village in Andhra Pradesh._x000D_ _x000D_ The company has a technical collaboration for hatchery with Samurai Techno Trading Pvt Ltd of Kings group and also a 100% buy-back arrangement with King Fisheries, one of the co-promoters._x000D_ _x000D_ Being a 100% EOU, the company has good prospects in exporting its prawn to the foreign countries. The demand for prawn is increasing day by day all over the world._x000D_ _x000D_ The company went to public in Mar.'95 with a public issue of 30 lacs equity shares of Rs 10 each for cash at par aggregating to Rs 300 lacs._x000D_