Sheetal Universal IPO Overview:
Get ready for the Sheetal Universal IPO, scheduled to open on December 4 and close on December 6. This NSE SME IPO aims to raise ₹23.80 crores, offering shares at a fixed price of ₹70, with a market lot of 2000 shares.
Sheetal Universal Limited is a key player in sourcing, processing, and supplying agricultural commodities such as peanuts, sesame seeds, spices, and grains. Their products cater to manufacturers in various industries, including peanut butter, biscuits, cakes, chocolates, and other food products. In a short span, their outstanding performance in exports earned them the prestigious recognition of being a Category One Star Export House Exporter by the Ministry of Commerce and Industry.
The company’s manufacturing and processing facility, situated in Jamnagar, Gujarat, India, spans approximately 14668 sq mts. Accredited with ISO 22000:2018 and HALAL certifications, the facility processes groundnuts, groundnut kernels, sesame seeds, and whole & ground spices. Sheetal Universal is also a proud member of the Agricultural & Processed Food Products Export Development Authority and the Indian Oil Seeds & Produce Export Promotion Council.
With two subsidiaries, Saumesvar International Private Limited and Svar Industries Private Limited, Sheetal Universal extends its reach in processing and exporting agri-commodities like oilseeds and grains. Their clientele spans across the globe, including customers from the Russian Federation, Indonesia, Malaysia, Vietnam, UAE, Iran, Algeria, Israel, Turkey, and Egypt. As they step into the IPO arena, Sheetal Universal looks poised to showcase its prowess in the agricultural commodities sector.
Purpose of the Offering:
- Supporting investment in capital expenditure.
- Addressing the needs of day-to-day operations.
- Covering general corporate expenses.
- Meeting the costs associated with the public issue.
Sheetal Universal IPO Review (Apply or Not)
- May Apply
Sheetal Universal IPO: Information on Date and Price Band.
| IPO Open: | 4-December-2023 |
| IPO Close: | 6-December-2023 |
| IPO Size: | Approx ₹23.80 Crores, 3,400,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹70 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 50% of the net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
The market lot for Sheetal Universal IPO
To get started with the Sheetal Universal IPO, the smallest investment package comprises 2000 shares, requiring an application amount of ₹140,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 2000 | ₹140,000 |
| Retail Maximum | 1 | 2000 | ₹140,000 |
| S-HNI Minimum | 2 | 4000 | ₹280,000 |
Sheetal Universal IPO: Allotment and Listing Dates.
Save the dates for the Sheetal Universal IPO! It kicks off on December 4 and concludes on December 6. Look forward to learning the IPO allotment results on December 7, with the exciting possibility of the IPO getting listed on December 11.
| IPO Open Date: | 4-December-2023 |
| IPO Close Date: | 6-December-2023 |
| Basis of Allotment: | 7-December-2023 |
| Refunds: | 8-December-2023 |
| Credit to Demat Account: | 8-December-2023 |
| IPO Listing Date: | 11-December-2023 |
You may monitor the subscription status and allotment status of the IPO on their respective pages.
Applying for Sheetal Universal IPO
Looking to be a part of the Sheetal Universal IPO excitement? It’s a breeze! You have a couple of straightforward options. Firstly, leverage the ASBA (Application Supported by Blocked Amount) feature through your bank account. Simply log in to your online banking, head to the Invest section, and choose Sheetal Universal IPO for your application.
Alternatively, you can opt for the second route by downloading IPO forms directly from the NSE website. Click on NSE IPO Forms, grab the Sheetal Universal forms, fill them out, and then either submit them at your bank or hand them over to your broker. It’s as simple as that!
Sheetal Universal Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹38.84 | ₹38.52 | ₹0.25 |
| 2022 | ₹39.84 | ₹39.42 | ₹0.28 |
| 2023 | ₹131.66 | ₹128.88 | ₹1.99 |
Sheetal Universal IPO Valuation – FY2023
Check Sheetal Universal IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹2.56 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 30.63% |
| Net Asset Value (NAV): | ₹8.37 per Equity Share |
Peer Group
- NA
Company Promoters
- Mr. Hiren Vallabhbhai Patel
- Mrs. Kajal Hiren Patel
Sheetal Universal IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Sheetal Universal IPO Allotment Status
Check Sheetal Universal IPO allotment status on Bigshare website URL. Click Here
Sheetal Universal IPO Lead Managers aka Merchant Bankers
- Beeline Capital Advisors Pvt Ltd
Company Address
Sheetal Universal Limited
Office No. 348
2nd Floor, ISCON Mall,
150 Feet Ring Road, Rajkot – 360005
Phone: +91 9099302638
Email: cs@sheetaluniversal.com
Website: https://sheetaluniversal.com/
