The Sheetal Universal IPO commenced on December 4, 2023, and concluded on December 6, 2023. The allotment of shares took place on December 7, 2023, and the initiation of refunds began on December 8, 2023. The shares were credited to the demat accounts of investors on December 8, 2023. Finally, the listing of Sheetal Universal on the stock exchange occurred on December 11, 2023.
The Sheetal Universal IPO was priced at ₹70 per share, with a lot size of 2000 shares. The total issue size was ₹23.80 crores, comprising a fresh issue of ₹23.80 crores. The IPO was listed on the NSE SME.
In terms of quota reservations, the other quota was reserved for 50% of the shares and the retail quota was reserved for 50% of the shares.
Sheetal Universal IPO Basic Details
| Company Name | Sheetal Universal Limited |
| Domain of Company | Business of Sourcing, Processing, and Supplying Agricultural Commodities |
| Sheetal Universal IPO GMP Today | ₹12 |
| Sheetal Universal IPO Listing Gain | 17.14% |
| Sheetal Universal IPO Open Date | December 4, 2023 |
| Sheetal Universal IPO Close Date | December 6, 2023 |
| Sheetal Universal IPO Allotment Date | December 7, 2023 |
| Sheetal Universal IPO Listing Date | 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 |
| Company Promoters | Mr. Hiren Vallabhbhai Patel and Mrs. Kajal Hiren Patel |
Sheetal Universal IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹12 | 17.14% | – | – |
| 4 December 2023 | ₹12 | 17.14% | – | – |
Sheetal Universal IPO Details:
Sheetal Universal Limited started in 2015. We’re into the business of finding, preparing, and providing agricultural stuff like peanuts, sesame seeds, spices, and grains. We serve the folks who make peanut butter, biscuits, cakes, chocolate, and other food items.
Our product range includes spices, peanuts, sesame seeds, pulses, and more agro-products.
We have a manufacturing and processing unit in Jamnagar, Gujarat, covering an area of about 14,668 square meters. The government of India certifies our manufacturing unit with FSSAI-2006. We’re also members of the Agricultural & Processed Food Products Export Development Authority and the Indian Oil Seeds & Produce Export Promotion Council.
We own two subsidiaries: Saumesvar International Private Limited and Svar Industries Private Limited. These subsidiaries process and export agricultural goods like oilseeds and grains.
Our customers come from various places like the Russian Federation, Indonesia, Malaysia, Vietnam, UAE, Iran, Algeria, Israel, Turkey, and Egypt.
In the fiscal years 2023, 2022, and 2021, Sheetal Universal made total revenues of Rs. 12,881.22 Lacs, Rs. 3,868.77 Lacs, and Rs. 3,763.64 Lacs, respectively.
Sheetal Universal IPO More Details Click Here
Sheetal Universal IPO FAQs
When is Sheetal Universal IPO open?
Sheetal Universal IPO will open on 4 December 2023.
When is Sheetal Universal IPO Close?
Sheetal Universal IPO will be closed on 6 December 2023.
What is Sheetal Universal IPO GMP Today?
The Sheetal Universal IPO GMP aka Grey Market Premium is ₹12.
What is Sheetal Universal IPO Kostak Rates Today?
The Sheetal Universal IPO Kostak Rate is ₹000.
What is Sheetal Universal IPO Subject to Sauda Price Today?
The Sheetal Universal IPO subject to sauda rates is ₹000.
Sheetal Universal IPO Expected Returns?
The Sheetal Universal expected return is 17.14%.
How much will be the listing gain in Sheetal Universal IPO?
Sheetal Universal IPO will get listing gain of 17.14%. (Approx.)
