Sheetal Universal Limited is Sourcing, processes, and supplying agriculture commodities like peanuts, sesame seeds, spices, and grains to cater to the manufacturers of peanut butter, biscuits, cakes, chocolate, and food products. Within a short span, they were recognized as Category One Star Export House Exporter by the Ministry of Commerce and Industry due to our performance in exports.
Sheetal Universal-owned manufacturing & processing facility situated at plot No. 1 to 7, Survey No. 502, Haripar Khandhera, Taluka- Kalawad, District- Jamnagar, Gujrat, India, which is spread over a total land area of approximately 14668 sq mts. The manufacturing facility is accredited with ISO 22000:2018, and HALAL certifications for the processing of groundnut, groundnut kernels, sesame seeds, and whole & ground spices. They are also member of the Agricultural & Processed Food Products Export Development Authority and Indian Oil Seeds& Produce Export Promotion Council.
They own two subsidiaries Saumesvar International Private Limited and Svar Industries Private Limited. The subsidiaries process and export agri-commodities like oil seed, grains, etc. The company’s clientele includes customers from the Russian Federation, Indonesia, Malaysia, Vietnam, UAE, Iran, Algeria, Israel, Turkey, and Egypt.
Objects of the Issue:
- Funding capital expenditure
- Working Capital Requirement
- General Corporate Purpose
- To meet Public Issue Expenses
Sheetal Universal IPO Review
- May Apply
Sheetal Universal IPO Date & Price Band Details
| IPO Open: | December 4, 2023 |
| IPO Close: | December 6, 2023 |
| IPO Size: | Approx ₹23.80 Crores, 3,400,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹70 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 50% of the net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Sheetal Universal IPO Market Lot
The Sheetal Universal IPO minimum market lot is 2000 shares with a ₹140,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 2000 | ₹140,000 |
| Retail Maximum | 1 | 2000 | ₹140,000 |
| S-HNI Minimum | 2 | 4000 | ₹280,000 |
Sheetal Universal IPO Dates
The Sheetal Universal IPO date is December 4 and the IPO close date is December 6. The IPO allotment date is December 7 and the IPO might list on December 11.
| IPO Open Date: | December 2, 2023 |
| IPO Close Date: | December 6, 2023 |
| Basis of Allotment: | December 7, 2023 |
| Refunds: | December 8, 2023 |
| Credit to Demat Account: | December 8, 2023 |
| IPO Listing Date: | December 11, 2023 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Sheetal Universal IPO Form
How to apply Sheetal Universal IPO? You can apply Sheetal Universal IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Sheetal Universal IPO in the Invest section. The other option you can apply Sheetal Universal IPO via IPO forms download via the NSE website. Check out the Sheetal Universal forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Sheetal Universal Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹38.84 | ₹38.52 | ₹0.25 |
| 2022 | ₹39.84 | ₹39.42 | ₹0.28 |
| 2023 | ₹131.66 | ₹128.88 | ₹1.99 |
Sheetal Universal IPO Valuation – FY2023
Check Sheetal Universal IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹2.56 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 30.63% |
| Net Asset Value (NAV): | ₹8.37 per Equity Share |
Peer Group
- NA
Company Promoters
- Mr. Hiren Vallabhbhai Patel
- Mrs. Kajal Hiren Patel
Sheetal Universal IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/ipo_status.html
Sheetal Universal IPO Allotment Status
Check Sheetal Universal IPO allotment status on Bigshare website URL. Click Here
Sheetal Universal IPO Lead Managers aka Merchant Bankers
- Beeline Capital Advisors Pvt Ltd
Company Address
Sheetal Universal Limited
Office No. 348
2nd Floor, ISCON Mall,
150 Feet Ring Road, Rajkot – 360005
Phone: +91 9099302638
Email: [email protected]
Website: https://sheetaluniversal.com/
3 Responses
Ipo barvano ch6
You can apply with long term view. As of now the GMP is good the listing may be 10-20% listing gain. Still its on a lower side you can apply as SMEs are doing well.
Hello
Plz tell me which company is subsidiary company of this IPO company