Last updated on December 11, 2023
Sheetal Universal IPO description – Incorporated in 2015, Sheetal Universal is into sourcing, processing, and supplying agriculture commodities like peanuts, sesame seeds, spices, and grains to the eventual production of peanut butter, biscuits, cakes, chocolate, and food products. Its owned manufacturing & processing facility is situated at Jamnagar, Gujrat, which is spread over a total land area of approximately 14668 sq mts. Its customers are mainly in the B2B segment. The company is not present in the online space. All its sales are in offline mode.
Sheetal Universal has two subsidiaries Saumesvar International Private Limited and Svar Industries Private Limited. Its subsidiaries are processors, and exporters of Agri Commodities like oil seed, grains, etc. The company supplies products to the Russian Federation, Indonesia, Malaysia, Vietnam, UAE, Iran, Algeria, Israel, Turkey, and Egypt. As of 31 July 2023, the company has a total of 19 employees.
Promoters of Sheetal Universal – Mr. Hiren Vallabhbhai Patel and Mrs. Kajal Hiren Patel
Table of Contents
Sheetal Universal IPO Details
| Sheetal Universal IPO Dates | 4 – 6 December 2023 |
| Sheetal Universal Issue Price | INR 70 per share |
| Fresh issue | 3,400,000 shares (INR 23.80 crore) |
| Offer For Sale | NIL |
| Total IPO size | 3,400,000 shares (INR 23.80 crore) |
| Minimum bid (lot size) | 2,000 shares (INR 140,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE SME |
Sheetal Universal Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | 5M FY 2024 |
| Revenue | 3,763.64 | 3,868.77 | 12,881.22 | 5,675.86 |
| Expenses | 3,851.71 | 3,941.87 | 12,887.70 | 5,576.14 |
| Net income | 25.41 | 28.31 | 198.85 | 187.67 |
Sheetal Universal Offer News
- Sheetal Universal RHP
- Sheetal Universal Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Sheetal Universal Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 0.33 | 0.37 | 2.56 |
| PE ratio | – | – | 27.34 |
| RONW (%) | 6.02 | 6.29 | 30.63 |
| NAV | 5.44 | 5.81 | 8.37 |
| ROCE (%) | 7.28 | 6.99 | 21.59 |
| EBITDA (%) | 0.11 | 0.41 | 1.16 |
| Debt/Equity | 1.48 | 2.19 | 2.09 |
Sheetal Universal IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 9 December 2023 | 12 | – | 18,000 |
| 8 December 2023 | 12 | – | 18,000 |
| 7 December 2023 | 15 | – | 22,000 |
| 6 December 2023 | 15 | – | 22,000 |
| 5 December 2023 | 15 | – | 23,500 |
| 4 December 2023 | 10 | – | 15,000 |
| 2 December 2023 | 7 | – | 9,500 |
| 30 November 2023 | 8 | – | 10,000 |
Sheetal Universal IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
|---|---|---|---|
| Shares Offered | 1,786,000 | 1,614,000 | 3,400,000 |
| 6 Dec 2023 | 192.18 | 129.73 | 162.53 |
| 5 Dec 2023 | 12.76 | 22.27 | 17.27 |
| 4 Dec 2023 | 3.20 | 4.63 | 3.88 |
Sheetal Universal Offer Lead Manager
BEELINE CAPITAL ADVISORS PRIVATE LIMITED
B/1311-1314, Shilp Corporate Park Near Rajpath Club,
Rajpath Rangoli Road, S.G. Highway, Ahmedabad, Gujarat 380054
Phone: 079 4918 5784
Email:Â [email protected]
Website:Â www.beelinemb.com
Sheetal Universal Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone:Â +91 22 6263 8200
Email:Â Â [email protected]
Website:Â www.bigshareonline.com
Sheetal Universal Contact Details
SHEETAL UNIVERSAL LIMITED
Office No. 348, 2nd Floor, ISCON Mall,
150 Feet Ring Road, Rajkot – 360005, Gujarat
Phone: +919099302638
E-mail: [email protected]
Website: www.sheetaluniversal.com
Sheetal Universal IPO Allotment Status
Sheetal Universal IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Sheetal Universal IPO Dates & Listing Performance
| IPO Opening Date | 4 December 2023 |
| IPO Closing Date | 4 December 2023 |
| Finalization of Basis of Allotment | 7 December 2023 |
| Initiation of refunds | 8 December 2023 |
| Transfer of shares to demat accounts | 8 December 2023 |
| IPO Listing Date | 11 December 2023 |
| Opening Price on NSE SME | INR 75 per share (up 7.14%) |
| Closing Price on NSE SME | INR 75.4 per share (up 7.71%) |
IPO FAQs
What is the Sheetal Universal offer size?
Sheetal Universal’s offer size is INR 23.80 crores.
What is the Sheetal Universal offer price band?
Sheetal Universal’s public offer price is INR 70 per share.
What is the lot size of the Sheetal Universal Offer?
Sheetal Universal’s offer lot size is 2,000 shares.
What is Sheetal Universal IPO GMP today?
Sheetal Universal IPO GMP today is INR 12 per share.
What is the Sheetal Universal kostak rate today?
Sheetal Universal kostak rate today is INR NA per application.
What is the Sheetal Universal Subject to Sauda rate today?
Sheetal Universal Subject to Sauda rate today is INR 18,000 per application.
