IPO

Sheetal Universal Limited IPO

NSE SME

Listed On: Dec 11, 2023 at ₹ 75.0

₹ 280000 /4000 Shares
*Min Investment

Check Allotment

04 Dec, 2023

Open Date

06 Dec, 2023

Close Date

07 Dec, 2023

Allotment Date

11 Dec, 2023

Listing Date
Sheetal Universal Limited IPO Issue Details
  • Issue Price ₹70 per equity share
  • Face Value ₹10 Per Equity Share
  • Issue Price 3,400,000 shares(aggregating up to ₹23.80 Cr)
  • Listing at NSE SME
  • List Price 75.0
  • Listing Date 2023-12-11
  • Lead Manager Beeline Capital Advisors Pvt Ltd
  • Registrar Bigshare Services Pvt Ltd
Sheetal Universal Limited IPO Details
  • Retail Portion 50%
Sheetal Universal Limited IPO Documents
DRHP
RHP
Sheetal Universal Limited IPO Details


Sheetal Universal Limited IPO is an SME IPO, priced at ₹70 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.

The IPO bidding window is open from Dec 4, 2023 to Dec 6, 2023. The allotment is expected to be finalized on Dec 7, 2023, and the tentative listing date is Dec 11, 2023.


The registrar of the IPO is Bigshare Services Pvt Ltd, and

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Sheetal Universal Limited IPO Subscription Analysis And Details
Retail
129.73x
Total
171.19x
As onQIB / NIIRetailTotal
Shares Offered / Reserved1,614,0001,614,0003,228,000
Day 1 04-12-23 06:00 PM
3.56 x4.79 x4.69 x
Day 2 05-12-23 06:00 PM
14.05 x23.01 x20.54 x
Day 3 06-12-23 06:00 PM
212.66 x129.73 x171.19 x
Sheetal Universal Limited Valuations
Earnings Per Share (EPS) ₹2.56/-
P/E Ratio 27.34
RoNW 30.63%
Net Asset Value (NAV) - Post Issue ₹N/A/-
Sheetal Universal Limited Company Financials
In Lakhs
In Lakh
31-Mar-2331-Mar-2231-Mar-21
Assets2,804.021,602.821,272.15
Revenue13,165.683,983.673,883.53
Profit After Tax198.8528.3125.41
About Sheetal Universal Limited Company

Sheetal Universal Limited is engaged in the business of sourcing, processing, and supplying agricultural commodities like peanuts, sesame seeds, spice, and grains to cater to the manufacturers of peanut butter, biscuits, cakes, chocolate, and food products.

The product range of the company comprises spices, peanuts, sesame seeds and pulses, and other agro-products.

Sheetal Universal owns a manufacturing & processing unit situated in Jamnagar, Gujrat, spread across a total land area of approximately 14,668 sq mts. The manufacturing unit is certified with FSSAI-2006 by the Government of India. The company is a member of the Agricultural & Processed Food Products Export Development Authority and the Indian Oil Seeds & Produce Export Promotion Council.

The company owns two subsidiaries Saumesvar International Private Limited and Svar Industries Private Limited. The subsidiaries process and export agri-commodities like oil seed, grains, etc.

The company's clientele includes customers from the Russian Federation, Indonesia, Malaysia, Vietnam, UAE, Iran, Algeria, Israel, Turkey, and Egypt.

Sheetal Universal recorded a total revenue from operations of Rs. 12,881.22 Lacs, Rs. 3,868.77 Lacs, and Rs. 3,763.64 Lacs in fiscal 2023, 2022, and 2021 respectively.

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Sheetal Universal Limited - Promoter(s)

Mr. Hiren Vallabhbhai Patel

Mrs. Kajal Hiren Patel

Pre Issue Share Holding : 95%

Post Issue Share Holding : %

Sheetal Universal Limited IPO - Issue Objectives
1

Funding capital expenditure

2

Working Capital Requirement

3

General Corporate Purpose

4

To meet Public Issue Expenses