Shivashrit Foods Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,339,000 (47%) | — | ₹3,321 Cr |
| NII (HNI) | — | 705,000 (14%) | — | ₹1,001 Cr |
| Retail | — | 1,640,000 (33%) | — | ₹2,329 Cr |
| Market Maker | — | 248,000 (5%) | — | ₹35 Cr |
| Σ Total | — | 4,932,000 (100%) | — | ₹70,034 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 | 1,000 | ₹142,000 |
| Retail (Max) | 13 | 13,000 | ₹1,846,000 |
| S-HNI (Min) | 14 | 14,000 | ₹1,988,000 |
| B-HNI (Min) | 67 | 67,000 | ₹9,514,000 |
Financial Statements Amount in Crore
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 106 | 78 | 46 |
| EBITDA | 23 | 20 | 5 |
| Profit After Tax | 12 | 12 | 2 |
| Net Worth | 35 | 23 | 11 |
| Total Assets | 109 | 83 | 48 |
| Reserves & Surplus | 21 | 18 | 6 |
| Total Borrowing | 48 | 37 | 23 |
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
- 1 Capital Expenditure (“Expansion Project”) – 26.30
- 2 Working Capital Requirement for Expansion Project – 19.00
- 3 General Corporate Purpose – 9.19
Company Overview
Incorporated in August 2017, Shivashrit Foods Limited manufactures, supplies, and exports potato flakes.
The Company has a potato processing facility in Aligarh, Uttar Pradesh, for producing potato flakes.
The company manufactures premium potato flakes for ready-to-eat meals, snacks, and processed foods. Our portfolio caters to global and domestic food manufacturers, ensuring consistent quality and long shelf life.
The company's manufacturing unit in Aligarh, Uttar Pradesh is certified by FSSAI, ISO 22000:2018, HALAL, BRCGS from Intertek (UKAS certified), and USFDA.
The company markets its products under three brand names such as "Shivashrit," Shreeaahar" and "Flaker’s".
The company sells its products in Madhya Pradesh, Uttarakhand, Maharashtra, Punjab, Gujarat, Haryana, Delhi, Rajasthan, Uttar Pradesh, West Bengal and Bihar.
The company also exports its products to Argentina, Brazil, Chile, Dubai, Indonesia, Israel, Kuwait, Lebanon, Malaysia, Mexico, Turkey, Uruguay, USA, Kosovo and Bangladesh.
Competitive Strength:
- Experienced Promoters and Management Team.
- Support of efficient supply-chain enable us to have long-standing and deep customer relationships.
- The Company’s facility features advanced machinery and technology, ensuring efficiency and quality in the potato flakes industry.
- Strategic location for potato procurement and storage, gaining benefits from government policies, incentives, and subsidies for a food processing unit in Aligarh.