Sheetal Universal IPO GMP, Review, Price, Allotment

Sheetal Universal IPO GMP

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.

Sheetal Universal

Promoters of Sheetal Universal – Mr. Hiren Vallabhbhai Patel and Mrs. Kajal Hiren Patel

Sheetal Universal IPO Details

Sheetal Universal IPO Dates4 – 6 December 2023
Sheetal Universal Issue PriceINR 70 per share
Fresh issue3,400,000 shares (INR 23.80 crore)
Offer For SaleNIL
Total IPO size3,400,000 shares (INR 23.80 crore)
Minimum bid (lot size)2,000 shares (INR 140,000)
Face Value INR 10 per share
Retail Allocation50%
Listing OnNSE SME

Sheetal Universal Financial Performance

 FY 2021FY 2022FY 20235M FY 2024
Net income25.4128.31198.85187.67
Figures in INR Lakhs unless specified otherwise

Sheetal Universal Offer News

Sheetal Universal Valuations & Margins

FY 2021FY 2022FY 2023
PE ratio27.34
RONW (%)6.026.2930.63
ROCE (%)7.286.9921.59
EBITDA (%)0.110.411.16
Debt/Equity 1.482.192.09
*Compiled by IPO Central from Prospectus

Sheetal Universal IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
9 December 20231218,000
8 December 20231218,000
7 December 20231522,000
6 December 20231522,000
5 December 20231523,500
4 December 20231015,000
2 December 202379,500
30 November 2023810,000

Sheetal Universal IPO Subscription – Live Updates

Shares Offered1,786,0001,614,0003,400,000
6 Dec 2023192.18129.73162.53
5 Dec 202312.7622.2717.27
4 Dec 20233.204.633.88

Sheetal Universal Offer Lead Manager

B/1311-1314, Shilp Corporate Park Near Rajpath Club,
Rajpath Rangoli Road, S.G. Highway, Ahmedabad, Gujarat 380054
Phone: 079 4918 5784
Email[email protected]

Sheetal Universal Offer Registrar

S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email:  [email protected]

Sheetal Universal Contact Details

Office No. 348, 2nd Floor, ISCON Mall,
150 Feet Ring Road, Rajkot – 360005, Gujarat
Phone: +919099302638
E-mail: [email protected]

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 Date4 December 2023
IPO Closing Date4 December 2023
Finalization of Basis of Allotment7 December 2023
Initiation of refunds8 December 2023
Transfer of shares to demat accounts8 December 2023
IPO Listing Date11 December 2023
Opening Price on NSE SMEINR 75 per share (up 7.14%)
Closing Price on NSE SMEINR 75.4 per share (up 7.71%)


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.


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