Sheetal Universal IPO Date, Review, Price, Allotment Details

Sheetal Universal IPO Details: Sheetal Universal IPO date is fixed, The IPO will open on December 4 and will close on December 6. Sheetal Universal is a NSE SME IPO to raise ₹23.80 crores via IPO. The Sheetal Universal IPO price band is fixed at ₹70 with a market lot of 2000 shares.
Sheetal Universal IPO

Table of Contents

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.

ApplicationLot SizeSharesAmount
Retail Minimum12000₹140,000
Retail Maximum12000₹140,000
S-HNI Minimum24000₹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
YearRevenueExpensePAT
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/

Sheetal Universal IPO FAQs


What is Sheetal Universal IPO?

Sheetal Universal IPO is an NSE SME IPO. They are going to raise ₹23.80 Crores via IPO. The issue is priced at ₹70 per equity share. The IPO is to be listed on NSE.

When Sheetal Universal IPO will open?

The IPO is to open on December 4, 2023 for NII, and Retail Investors.

What is Sheetal Universal IPO Investors Portion?

The investors’ portion for NII is 50%, and Retail is 50%.

How to Apply the Sheetal Universal IPO?

You can apply Sheetal Universal IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Sheetal Universal IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Sheetal Universal”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Sheetal Universal IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Sheetal Universal”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Sheetal Universal IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Sheetal Universal”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Sheetal Universal IPO Size?

Sheetal Universal IPO size is ₹23.80 crores.

What is Sheetal Universal IPO Price Band?

Sheetal Universal IPO Price Band is ₹70 per equity share.

What is Sheetal Universal IPO Minimum and Maximum Lot Size?

The IPO bid is 2000 shares with ₹140,000.

What is Sheetal Universal IPO Allotment Date?

Sheetal Universal IPO allotment date is December 7, 2023.

What is Sheetal Universal IPO Listing Date?

Sheetal Universal IPO listing date is December 11, 2023. The IPO to list on NSE SME.

Note: The Sheetal Universal IPO details are announced officially. The IPO grey market premium (Sheetal Universal IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.

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3 Responses

    1. 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.

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