Sheetal Cool Products Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,416,000 (47%) | — | ₹1,133 Cr |
| Retail | — | 1,416,000 (47%) | — | ₹1,133 Cr |
| Market Maker | — | 168,000 (6%) | — | ₹13 Cr |
| Σ Total | — | 3,000,000 (100%) | — | ₹24,000 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹128,000 |
| Retail (Max) | 13 | 20,800 | ₹1,664,000 |
| S-HNI (Min) | 14 | 22,400 | ₹1,792,000 |
| B-HNI (Min) | 67 | 107,200 | ₹8,576,000 |
Financial Statements Amount In Lakhs
| Metric | 30-Jun-2017 | 31-Mar-2017 | 31-Mar-2016 |
|---|---|---|---|
| Revenue | 4,935 | 15,463 | 12,528 |
| Profit After Tax | 58 | 206 | 196 |
| Net Worth | 877 | 819 | 613 |
| Total Assets | 5,124 | 4,604 | 2,320 |
| Reserves & Surplus | 377 | 319 | 113 |
| Total Borrowing | 1,201 | 1,141 | 423 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- To purchase additional plant & machineries at the existing manufacturing facility at Amreli, Gujarat – 14.60
- Funding of working capital requirements of the Company – 4.00
- General Corporate Expenses – 5.00
- Issue Expenses – 0.40
Company Overview
Incorporated in 2000, Sheetal Cool Products Ltd is Gujrat based company involved in producing and processing of milk and milk products, snacks and bakery items. The product involve Ice-cream, milk & milk products, mango ras, lassi, curd, flavoured milk, masko, wafers, namkeen, fryums and bakery products. Company sells its product under the brand name 'Sheetal'.
Company has its manufacturing unit located at Amreli, Gujarat. Company has 22 employees (including skilled, semi-skilled) and 275 personnel on contract basis.