Sheetal Universal IPO Details ( Sheetal Universal Limited IPO Review )
(4 Dec 2023 – 6 Dec 2023)
Established in 2015, Sheetal Universal Limited is in the business of finding, preparing, and delivering agricultural goods such as peanuts, sesame seeds, spices, and grains. These products serve manufacturers producing peanut butter, biscuits, cakes, chocolate, and various food items.
The company’s product lineup includes spices, peanuts, sesame seeds, pulses, and other agricultural products.
Situated in Jamnagar, Gujarat, Sheetal Universal owns a manufacturing and processing unit covering an area of about 14,668 square meters. This unit is certified with FSSAI-2006 by the Government of India. Additionally, the company is a member of the Agricultural & Processed Food Products Export Development Authority and the Indian Oil Seeds & Produce Export Promotion Council.
Sheetal Universal has two subsidiaries: Saumesvar International Private Limited and Svar Industries Private Limited. These subsidiaries process and export agricultural commodities like oilseeds and grains.
The company serves customers in the Russian Federation, Indonesia, Malaysia, Vietnam, UAE, Iran, Algeria, Israel, Turkey, and Egypt.
In fiscal years 2023, 2022, and 2021, Sheetal Universal reported total revenue from operations of Rs. 12,881.22 Lacs, Rs. 3,868.77 Lacs, and Rs. 3,763.64 Lacs, respectively.
Sheetal Universal Limited Company Product
- Oil Seed
- Peanuts
- Groundnut Inshell
- Hulled Sesame Seeds
- Spices
- Fenugreek Seeds
- Cumin Seeds
- Turmeric
- Dill Seeds
- Kalunji
- Fennel Seeds
- Grains
- Rice
- Chickpeas
- Other Products
- Raisins
- Dessicated Coconut
Sheetal Universal Limited IPO Competitive Strength
- Advantageous geographical location
- On-time delivery of products
- Diversified customer base and long-standing relationship with our customers
- Scalable Business Model
- Experienced Promoters and Management Team
Sheetal Universal IPO Financials Performance ( Results )
Sheetal Universal Limited Financial Information (Restated Consolidated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-21 | 1,272.15 | 3,883.53 | 25.41 | 0.33 | 422.07 | 5.44 | 72.07 | 625.07 |
| 31-Mar-22 | 1,602.82 | 3,983.67 | 28.31 | 0.37 | 450.37 | 5.81 | 100.37 | 984.80 |
| 31-Mar-23 | 2,804.02 | 13,165.68 | 198.85 | 2.56 | 649.22 | 8.37 | 299.22 | 1,356.24 |
| 31-Aug-23 | 4,370.03 | 5,826.93 | 187.67 | 2.37 | 1,046.89 | 13.00 | 241.29 | 1,463.22 |
Objective of Sheetal Universal IPO Issue
- Funding capital expenditure
- Working Capital Requirement
- General Corporate Purpose
- To meet Public Issue Expenses
Sheetal Universal IPO Basic Details
| IPO Date | Dec 4, 2023 to Dec 6, 2023 |
| Listing Date | Monday, December 11, 2023 |
| Face Value | ₹10 per share |
| Price | ₹70 per share |
| Lot Size | 2000 Shares |
| Issue Size | 3,400,000 shares of ₹10 (aggregating up to ₹23.80 Cr) |
| Fresh Issue | 3,400,000 shares of ₹10 (aggregating up to ₹23.80 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 8,055,999 |
| Share holding post issue | 11,455,999 |
| Company Promoters | Mr. Hiren Vallabhbhai Patel and Mrs. Kajal Hiren Patel |
Sheetal Universal IPO Reservation
| Other Shares Offered | 50% of the Net Issue |
| Retail Shares Offered | 50% of the Net Issue |
Sheetal Universal IPO Timetable
Sheetal Universal IPO will open on December 4, 2023 and close on December 6, 2023. You can join Sheetal Universal IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 4 December 2023 (Monday) |
| Closing Date | 6 December 2023 (Wednesday) |
| Basis of Allotment | 7 December 2023 (Thursday) |
| Initiation of Refunds | 8 December 2023 (Friday) |
| Credit of Shares to Demat | 8 December 2023 (Friday) |
| Listing Date | 11 December 2023 (Monday) |
| Deadline for UPI mandate confirmation | 5 PM on 6 December 2023 |
Sheetal Universal IPO Lot Size
For retail investors in Sheetal Universal IPO, 2000 shares will come in 1 lot or the minimum investment will be ₹140,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹140,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 2000 | ₹140,000 |
| Retail (Max) | 1 | 2000 | ₹140,000 |
| S-HNI (Min) | 2 | 4000 | ₹280,000 |
Sheetal Universal IPO Promoter Holding
The company’s promoters include Mr. Hiren Vallabhbhai Patel and Mrs. Kajal Hiren Patel.
| Pre Issue Share Holding | 95% |
| Post Issue Share Holding | 66.81% |
Sheetal Universal Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 80.19 |
| Earning Per Share (EPS) | ₹2.56 per Equity Share |
| Net Asset Value (NAV) | ₹8.37 per Equity Share |
| P/E Ratio (P/E) (x) | 27.34 |
| Post P/E Ratio (P/E) (x) | 17.81 |
| Return on Net Worth (RoNW) (%) | 30.63 |
| Return on equity (ROE) (%) | 36.17 |
| Return on Capital Employed (ROCE) (%) | 21.59 |
| Debt/Equity Ratio | 2.09 |
Sheetal Universal Ltd Peer Comparison
There are no listed companies in India that are comparable in all aspects of business and services that the Company provides. Hence, it is not possible to provide an industry comparison in relation to the Company.
Sheetal Universal IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹12 | – | – |
| 6 December 2023 | ₹12 | – | – |
| 5 December 2023 | ₹12 | – | – |
| 4 December 2023 | ₹12 | – | – |
Sheetal Universal IPO Detail Video:
Sheetal Universal IPO Subscription Status (Bidding Detail)
The Sheetal Universal IPO on December 6, 2023 at 7:30:00 PM was subscribed 179.20 times, with the retail category being subscribed 129.73 times, the other category being subscribed 212.55 times.
| Category | Subscription |
| Other | 212.55x |
| Retail | 129.73x |
| Total | 179.20x |
Sheetal Universal IPO Prospectus
| Sheetal Universal IPO DRHP | Download |
| Sheetal Universal IPO RHP | Download |
| Sheetal Universal IPO Anchor Investors Details PDF | Download |
Sheetal Universal IPO Rating
| Our Rating | 2.5/5.0 |
Sheetal Universal Company Contact Information
Sheetal Universal Limited
Registered Office: Office No. 348, 2nd Floor, ISCON Mall, 150 Feet Ring Road, Rajkot – 360005, Gujarat, India.
Website: www.sheetaluniversal.com
E-Mail: cs@sheetaluniversal.com
Telephone No: +919099302638
Company Secretary and Compliance Officer: Mrs. Khushbu Kalpit Shah
Promoters of Our Company: Mr. Hiren Vallabhbhai Patel and Mrs. Kajal Hiren Patel
Sheetal Universal IPO Registrar
Bigshare Services Private Limited
SEBI Registration Number: INR000001385
Address: Office No. S6-2, 6th Floor, Pinnacle business Park, Next to Ahura Center,
Mahakali Caves Road, Andheri (East), Maharashtra-400093, India.
Tel. Number: 022-62638200
Fax: 022-62638299
Email Id: ipo@bigshareonline.com
Investors Grievance Id: investor@bigshareonline.com
Website: www.bigshareonline.com
Contact Person: Mr. Vinayak Morbale
CIN: U99999MH1994PTC076534
Sheetal Universal IPO Lead Manager
Beeline Capital Advisors Private Limited
SEBI Registration Number: INM000012917
Address: B/1311-1314, Shilp Corporate Park Near Rajpath Club, Rajpath Rangoli Road,
S.G. Highway, Ahmedabad, Gujarat 380054.
Telephone Number: 079 4918 5784
Email Id: mb@beelinemb.com
Investors Grievance Id: ig@beelinemb.com
Website: www.beelinemb.com
Contact Person: Mr. Nikhil Shah
CIN: U67190GJ2020PTC114322
Sheetal Universal IPO FAQs
What is the lot size of Sheetal Universal IPO?
The total size of Sheetal Universal IPO is ₹23.80 crores and this is a complete fresh Issue.
When will Sheetal Universal IPO start?
Sheetal Universal IPO will open from 4 December 2023 and IPO will close on 6 December 2023.
What is the open date of Sheetal Universal IPO?
Sheetal Universal IPO will open date from 4 December 2023.
What is the last date ( close date ) of Sheetal Universal IPO?
Sheetal Universal IPO will close from 6 December 2023.
What is the price band of Sheetal Universal IPO?
Sheetal Universal IPO price band is ₹70.
What is the minimum amount required to apply for Sheetal Universal IPO?
The minimum investment for retailers to apply for Sheetal Universal IPO is ₹140,000 and the maximum investment is ₹140,000.
What is going on gray market premium of Sheetal Universal IPO?
View gray market premium of Sheetal Universal IPO by Clicking Here
How much is the GMP of Sheetal Universal IPO?
Watch Sheetal Universal IPO GMP Today: Click Here
What is the allotment date of Sheetal Universal IPO?
The allotment date of Sheetal Universal IPO is 7 December 2023.
How to check allotment status in Sheetal Universal IPO?
To check the allotment status of Sheetal Universal IPO, first of all go to the registrar website by clicking here, select your bad Sheetal Universal IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Sheetal Universal IPO?
The listing date of Sheetal Universal IPO is 11 December 2023.
How much will be the listing gain in Sheetal Universal IPO?
View listing gain of Sheetal Universal IPO by Clicking Here
How much time Sheetal Universal IPO is subscribed?
Total 179.20 times subscribed in Sheetal Universal IPO out of which 129.73 times subscription was done in retail quota, 212.55 times subscription in other quota.
How to apply for Sheetal Universal IPO from Upstox?
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How to apply for Sheetal Universal PO from Zerodha?
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How to apply for Sheetal Universal IPO from Angle One?
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