Issue Price
₹70
Per Share
GMP
NIL
Grey Market
Est. Listing
₹70
Expected Price
Min. Application
₹280,000
2 lots × 2000 shares
Incorporated in 2015, Sheetal Universal Limited sources, processes, and supplies agricultural raw materials such as peanuts, sesame seeds, spices, and grains for the production of peanut butter, cookies, cakes, chocolate, and food products.Sheetal Universal's product category includes:Oilseeds: Peanuts, Groundnut Inshell, Hulled Sesame SeedsSpices: Fenugreek seeds, Cumin Seeds, Turmeric, Dill Seeds, Kalunji, Fennel SeedsGrains: Rice, ChickpeasOther products: Raisins, Desiccated CoconutThe company's manufacturing and processing facility is located in Jamnagar, Gujrat, and is spread over a total area of approximately 14668 sq. mtr.Sheetal Universal has two subsidiaries, namely Saumesvar International Private Limited, which exports agricultural produce, ceramic tiles, and brass fittings from India, and Svar Industries Private Limited, which produces, processes, and distributes agricultural produce, seeds, agricultural seeds, forestry seeds, vegetable seeds, cereals, grains, pulses, cattle feed or cakes and spices, including raw spices.
Sheetal Universal Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 172,000 | — | ₹1.20 Cr | — |
| TOTAL | 3,400,000 | 100.00% | ₹23.80 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹140,000 |
| Retail (Max) | 13 | 26,000 | ₹1,820,000 |
| sNII (Min) | 14 | 28,000 | ₹1,960,000 |
| bNII (Min) | 68 | 136,000 | ₹9,520,000 |
| Particulars | 31 Aug 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 5826.93 | 13165.68 | 3983.67 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 187.67 | 198.85 | 28.31 |
| Net Worth | 1046.89 | 649.22 | 450.37 |
| Total Assets | 4370.03 | 2804.02 | 1602.82 |
| Reserves & Surplus | 241.29 | 299.22 | 100.37 |
| Total Borrowings | 1463.22 | 1356.24 | 984.80 |