Sheetal Universal Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 172,000 (5%) | — | ₹12 Cr |
| Retail | — | 172,000 (5%) | — | ₹12 Cr |
| Market Maker | — | 172,000 (5%) | — | ₹12 Cr |
| Σ Total | — | 3,400,000 (100%) | — | ₹23,800 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 | 2,000 | ₹140,000 |
| Retail (Max) | 13 | 26,000 | ₹1,820,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,960,000 |
| B-HNI (Min) | 67 | 134,000 | ₹9,380,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Aug 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 5,827 | 13,166 | 3,984 |
| Profit After Tax | 188 | 199 | 28 |
| Net Worth | 1,047 | 649 | 450 |
| Total Assets | 4,370 | 2,804 | 1,603 |
| Reserves & Surplus | 241 | 299 | 100 |
| Total Borrowing | 1,463 | 1,356 | 985 |
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
- Funding capital expenditure – 5.84
- Working Capital Requirement – 12.00
- General Corporate Purpose – 3.63
Company Overview
Incorporated in 2015, Sheetal Universal Limited sources, processes, and supplies agricultural raw materials such as peanuts, sesame seeds, spices, and grains for the production of peanut butter, cookies, cakes, chocolate, and food products.
Sheetal Universal's product category includes:
- Oilseeds: Peanuts, Groundnut Inshell, Hulled Sesame Seeds
- Spices: Fenugreek seeds, Cumin Seeds, Turmeric, Dill Seeds, Kalunji, Fennel Seeds
- Grains: Rice, Chickpeas
- Other products: Raisins, Desiccated Coconut
The company's manufacturing and processing facility is located in Jamnagar, Gujrat, and is spread over a total area of approximately 14668 sq. mtr.
Sheetal Universal has two subsidiaries, namely Saumesvar International Private Limited, which exports agricultural produce, ceramic tiles, and brass fittings from India, and Svar Industries Private Limited, which produces, processes, and distributes agricultural produce, seeds, agricultural seeds, forestry seeds, vegetable seeds, cereals, grains, pulses, cattle feed or cakes and spices, including raw spices.