Sheetal Universal Limited IPO

NSE SME

Listed On: Dec 11, 2023 at ₹ 75.0

₹ 140000 /2000 Shares

Check Allotment

Sheetal Universal Limited IPO Details

04 Dec, 2023

Open Date

06 Dec, 2023

Close Date

07 Dec, 2023

Allotment Date

11 Dec, 2023

Listing Date

Issue Price

₹70 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

75.0

Listing Date

2023-12-11

Market Lot

2000 Shares (₹140,000/-)

Lead Manager

Beeline Capital Advisors Pvt Ltd

Issue Size

3,400,000 shares(aggregating up to ₹23.80 Cr)

Retail Portion

50%

Subscription

171.19 times

IPO Docs

DRHP RHP

Sheetal Universal Limited IPO Subscription Details

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 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 All values are in ₹ Lakh

	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

About The 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.

Sheetal Universal Limited - Promoter(s)

Pre Issue Share Holding: 95%

Post Issue Share Holding: %

Company Promoter(s)

Mr. Hiren Vallabhbhai Patel
Mrs. Kajal Hiren Patel

Sheetal Universal Limited IPO - Issue Objectives

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

Sheetal Universal Limited IPO - FAQs

Ans. Sheetal Universal Limited IPO is a SME IPO. The issue is priced at ₹70 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Dec 4, 2023, and closes on Dec 6, 2023. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

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

Ans. The size of Sheetal Universal Limited IPO is 3,400,000 shares(aggregating up to ₹23.80 Cr).

Ans. The IPO price band is set between ₹70 per equity share.

Ans. To apply for Sheetal Universal Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Sheetal Universal Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

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

Ans. The Sheetal Universal Limited IPO will be listed on Dec 11, 2023.

Ans. Follow the steps to check the allotment status for Sheetal Universal Limited IPO here.