Sheetal Universal Limited IPO

Sheetal Universal Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹70 per share. The stock debuted at ₹75, delivering a listing gain of 7.1%. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹1,40,000.

Sheetal Universal Limited IPO

NSE SME Listed
₹1,40,000 (2000 Shares)
Minimum Investment
Check Allotment
IPO Dates
Dec 4, 2023 – Dec 6, 2023
Price band
₹70 per equity share
Minimum Investment
₹1,40,000
Issue size
3,400,000 shares(aggregating up to ₹23.80 Cr)
Lot size
2000
Allotment Date
Dec 7, 2023
Listing
Dec 11, 2023
Listing At
NSE SME

IPO timeline

  1. Dec 4, 2023

    Open Date

    Completed

  2. Dec 6, 2023

    Close Date

    Completed

  3. Dec 7, 2023

    Allotment Date

    Completed

  4. Dec 11, 2023

    Listing Date

    Completed

Sheetal Universal Limited IPO Essentials

Sheetal Universal Limited IPO Details

Sheetal Universal Limited IPO is priced at ₹70 per share with a total issue size of 3,400,000 shares(aggregating up to ₹23.80 Cr). The IPO has a lot size of 2000 shares and is listed on NSE SME.

Issue price
₹70 per equity share
Lot size
2000 shares
Face value
₹10 Per Equity Share
Issue size
3,400,000 shares(aggregating up to ₹23.80 Cr)
Listing at
NSE SME
List price
75.0
Listing date
Registrar
Bigshare Services Pvt Ltd
Lead manager
Beeline Capital Advisors Pvt Ltd

Sheetal Universal Limited IPO Details

  • Retail Portion 50%

Sheetal Universal Limited IPO Documents

Sheetal Universal Limited IPO Analytics

Sheetal Universal Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Sheetal Universal Limited IPO Subscription Status

Sheetal Universal Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB / NII Retail Total
Shares Offered / Reserved 1,614,000 1,614,000 3,228,000
Day 1 04-12-23 06:00 PM
(3.56) x 4.79 x 4.69 x
Day 2 05-12-23 06:00 PM
(14.05) x 23.01 x 20.54 x
Day 3 06-12-23 06:00 PM
(212.66) x 129.73 x 171.19 x

Sheetal Universal Limited Valuations

Earnings

EPS (Post IPO)
₹2.56/-
P/E Ratio
27.34

Returns

RoNW
30.63%

Data sourced from DRHP / RHP • For educational purposes only

Sheetal Universal Limited Financials( In Lakhs)

31-Mar-23 31-Mar-22 31-Mar-21
Assets 2,804.02 1,602.82 1,272.15
Revenue 13,165.68 3,983.67 3,883.53
Profit After Tax 198.85 28.31 25.41

Sheetal Universal Limited Company & Offer Insights

About Sheetal Universal Limited

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.

Sheetal Universal Limited Promoter(s)

Mr. Hiren Vallabhbhai Patel, Mrs. Kajal Hiren Patel are the company's promoters of Sheetal Universal Limited.

Sheetal Universal Limited IPO Issue Objectives

Funding capital expenditure
Working Capital Requirement
General Corporate Purpose
To meet Public Issue Expenses

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Sheetal Universal Limited IPO is a Fixed Priced IPO worth ₹3,400,000 shares(aggregating up to ₹23.80 Cr). The issue price is ₹70 per share (fixed price). The IPO opens on Dec 4, 2023 and closes on Dec 6, 2023. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.

The issue price of Sheetal Universal Limited IPO is ₹70 per share (fixed price).

The lot size of Sheetal Universal Limited IPO is 2000 shares.

The minimum investment for Sheetal Universal Limited IPO is approximately ₹1,40,000 based on the issue price .

Sheetal Universal Limited IPO opens on Dec 4, 2023 and closes on Dec 6, 2023.

The allotment date of Sheetal Universal Limited IPO is Dec 7, 2023.

Sheetal Universal Limited IPO is expected to be listed on Dec 11, 2023, on NSE SME Platform.

Sheetal Universal Limited IPO valuation snapshot: P/E 27.34, EPS ₹2.56/-, P/B N/A, RoNW 30.63%, and market cap N/A.

To apply for Sheetal Universal Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Sheetal Universal Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Sheetal Universal Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Sheetal Universal Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Sheetal Universal Limited IPO allotment status on IPO Ji for quick and easy access.