Sheetal Universal IPO Subscription Status (Live Data)

Sheetal Universal IPO Subscription Status (Live Data)

The Sheetal Universal IPO started on December 4, 2023, and ended on December 6, 2023. Shares were allocated on December 7, 2023, and refund processes began on December 8, 2023. On December 8, 2023, the shares were credited to investors demat accounts. Sheetal Universal was officially listed on the stock exchange on December 11, 2023.

During the IPO, Sheetal Universal offered shares at a price range of ₹70 per share, and the lot size was 2000 shares. The total issue size was ₹23.80 crores, with ₹23.80 crores from new shares. The IPO was listed on the NSE SME.

Regarding share reservations, 50% of the shares were allocated to other and 50% were set aside for retail investors.

Sheetal Universal Limited IPO Subscription Update Video

Sheetal Universal IPO Subscription Status

The Sheetal Universal IPO on December 5, 2023 was subscribed 20.54 times, with the retail category being subscribed 23.01 times, the other category being subscribed 14.05 times.

CategorySubscription
Other14.05x
Retail23.01x
Total20.54x

Sheetal Universal IPO Basic Details

Company NameSheetal Universal Limited
Domain of CompanyBusiness of Sourcing, Processing,
and Supplying Agricultural Commodities
Sheetal Universal IPO Open DateDecember 4, 2023
Sheetal Universal IPO Close DateDecember 6, 2023
Sheetal Universal IPO Allotment DateDecember 7, 2023
Sheetal Universal IPO Listing DateDecember 11, 2023
Face Value₹10 per share
Price₹70 per share
Lot Size2000 Shares
Issue Size3,400,000 shares of ₹10
(aggregating up to ₹23.80 Cr)
Fresh Issue3,400,000 shares of ₹10
(aggregating up to ₹23.80 Cr)
Issue TypeFixed Price Issue IPO
Listing AtNSE SME
Company PromotersMr. Hiren Vallabhbhai Patel
and Mrs. Kajal Hiren Patel

About Sheetal Universal Limited

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 are supplied to manufacturers of peanut butter, biscuits, cakes, chocolate, and various food items.

The company’s product lineup includes spices, peanuts, sesame seeds, pulses, and other agricultural products.

Sheetal Universal has a manufacturing and processing unit in Jamnagar, Gujarat, covering an area of about 14,668 square meters. This unit is certified by the Government of India with FSSAI-2006. The company is a member of the Agricultural & Processed Food Products Export Development Authority and the Indian Oil Seeds & Produce Export Promotion Council.

The company has two subsidiaries: Saumesvar International Private Limited and Svar Industries Private Limited. These subsidiaries process and export agricultural commodities such as oilseeds and grains.

Sheetal Universal serves customers in the Russian Federation, Indonesia, Malaysia, Vietnam, UAE, Iran, Algeria, Israel, Turkey, and Egypt.

For the fiscal years 2023, 2022, and 2021, Sheetal Universal reported total revenues of Rs. 12,881.22 Lacs, Rs. 3,868.77 Lacs, and Rs. 3,763.64 Lacs respectively.

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Sheetal Universal IPO FAQs

What is the start and end date of Sheetal Universal IPO Subscription?

The Sheetal Universal IPO started on December 4, 2023, and ended on December 6, 2023.

When does Sheetal Universal IPO Subscription open?

The Sheetal Universal IPO open on December 4, 2023.

When does Sheetal Universal IPO Subscription close?

The Sheetal Universal IPO Close on December 6, 2023.

What is the allotment date of Sheetal Universal IPO?

The allotment date for Sheetal Universal IPO is December 7, 2023.

When is the initial refund date of Sheetal Universal IPO?

The initial Refund date for Sheetal Universal IPO is December 8, 2023.

When were the shares credited to investors demat accounts for the Sheetal Universal IPO?

The shares for the Sheetal Universal IPO were credited to investors demat accounts on December 8, 2023.

When will Sheetal Universal IPO be listed on the stock market?

Sheetal Universal IPO stock market will be listed on December 11, 2023 at 10 am.

What was the price range of the Sheetal Universal IPO shares?

The Sheetal Universal IPO shares were offered at a price range of ₹70 per share.

What was the lot size for the Sheetal Universal IPO shares?

The lot size for the Sheetal Universal IPO shares was 2000 shares.

What was the total issue size of the Sheetal Universal IPO?

The total issue size of the Sheetal Universal IPO was ₹23.80 crores.

How were the shares allocated among different types of investors for the Sheetal Universal IPO?

50% of the shares were allocated to other and 50% were set aside for retail investors.

On which stock exchanges was the Sheetal Universal IPO listed?

The Sheetal Universal IPO was listed on the NSE SME.

What is the Sheetal Universal IPO Subscription Status?

Sheetal Universal IPO is subscribed Times.

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