Sheetal Universal Limited
Fixed Price Issue IPO · NSE
- Price band
- ₹70 - ₹70
- Lot size
- 2,000 shares
- Issue amount
- ₹23.8 cr
- Total subscription
- 171.19×
- Opens
- 4 Dec 2023
- Closes
- 6 Dec 2023
- Allotment
- 7 Dec 2023
- Listing
- 11 Dec 2023
Offer at a glance
Issue overview
- Issue size
- 34,00,000 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹1,40,000
- Fresh issue
- ₹23.8 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,40,000
- Issue type
- Fixed Price Issue IPO
- Shares before issue
- 80,55,999
- Shares after issue
- 1,14,55,999
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 2,000 | ₹1,40,000 |
| HNI | 2 | 4,000 | ₹2,80,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 11.3 | 1,465.69 |
| NIB | 11.3 | 2,402.62 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 2.56 |
| ROE | 36.17 |
| ROCE | 21.59 |
| RONW | 30.63 |
| PRE IPO(PE) | 27.34 |
| POST IPO(PE) | 17.81 |
Values and labels as reported in the issue data.
Company information
Company profile
Sheetal Universal Limited, established in 2015, specializes in sourcing, processing, and supplying agricultural commodities like peanuts, sesame seeds, spices, and grains, catering to manufacturers of peanut butter, biscuits, cakes, chocolates, and other food products. The company operates a modern processing unit in Jamnagar, Gujarat, covering approximately 14,668 sq. meters, certified by FSSAI-2006. It is also a member of APEDA and IOPEPC, ensuring high-quality standards. Sheetal Universal owns two subsidiaries, Saumesvar International Private Limited and Svar Industries Private Limited, which focus on processing and exporting agri-commodities such as oilseeds and grains. With a strong international presence, the company serves customers across Russia, Indonesia, Malaysia, Vietnam, UAE, Iran, Algeria, Israel, Turkey, and Egypt. Its competitive advantages include a strategic location for sourcing and processing, an experienced leadership team, strong customer relationships, reliable product delivery, and a scalable business model for future growth. Financially, the company has shown steady expansion, recording revenues of ₹12,881.22 Lacs in FY 2023, ₹3,868.77 Lacs in FY 2022, and ₹3,763.64 Lacs in FY 2021.
Promoters
Mr. Hiren Vallabhbhai Patel
Mrs. Kajal Hiren Patel
Registrar & documents
Lead manager
Beeline Capital Advisors Private Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Office No. 348 2nd Floor, ISCON Mall, 150 Feet Ring Road, Rajkot - 360005
+91 9099302638
[email protected]Company website ↗Understanding SHEETAL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.