Sheetal Universal Limited-Logo

Sheetal Universal Limited

SHEETAL

70-70

per share
Bidding Dates
4-6 Dec
Min. Investment
₹1,40,000.00
Lot Size
2000 shares
Issue Size
₹23.8 Cr
IPO Timeline
Bidding starts
04 Dec ‘23
Bidding ends
06 Dec ‘23
Allotment finalisation*
07 Dec ‘23
Refund initiation*
08 Dec ‘23
Demat transfer
08 Dec ‘23
Listing
11 Dec ‘23
* Refund is a 7-10 days process. If you don’t get refund then please contact your bank.

About  Sheetal Universal Limited

Incorporated in 2015, Sheetal Universal Limited object is engaged in the business of Sourcing, processing and supply in agriculture commodities like peanut, sesame seeds, spice and grains to cater the manufacturer 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 their performance in exports later on in May 2023.The company was categorised as Two Star Export House Our owned manufacturing & processing facility.

Their good rapport with sourcing agents & traders of various states in India helps them to source quality seeds directly from the producer & farmers, thereby they offer quality food ingredients at competitive prices. Their Company has two subsidiaries Saumesvar International Private Limited and Svar Industries Private Limited. Their subsidiaries are processor, exporter of Agri Commodities like oil seed, grains etc. The company has started processing of sesame seeds and spices and added high tech machinery for cleaning, destoning, gravity separator, colour sorting. 

The Company supplies products to the Russian Federation, Indonesia, Malaysia, Vietnam, UAE, Iran, Algeria, Israel, Turkey, Egypt. Their manufacturing unit at Jamnagar, Gujarat certified from Government of India with FSSAI-2006 and obtained other certification & approval needed for processing & sale of products in India as well as in the international market. The Company’s motto is to provide quality products while maintaining safe & hygienic environmental operational conditions. The company is recognized as a leading processor and exporter of a diverse range of spices, peanut, sesame seeds and pulses, and other agro products. Since inception they have been dedicated to procure, process & supply high quality food ingredients from India. Over the years, they have established a regular customer base in various countries. 

Sheetal Universal Limited  is set to debut its initial public offering (IPO). The proceeds generated from the Fresh Issue will be allocated towards the following objectives

1. Funding capital expenditure

2. Working Capital Requirement

3. General Corporate Purpose

4. To meet Public Issue Expenses   

Here are key details about the Sheetal Universal Limited IPO:

Company Name Sheetal Universal Limited Limited   Sheetal Universal Limited IPO Opening Date December 4, 2023
Company Established On 2015   Sheetal Universal Limited IPO Allotment Status December 7, 2023
Sheetal Universal Limited IPO Closing Date December 6, 2023   Sheetal Universal Limited IPO Listing Date  December 11, 2023 
Credit of Shares to the Demat Account December 8, 2023   Sheetal Universal Limited IPO Lot Size  ₹23.80 Cr
Sheetal Universal Limited IPO Face Value ₹10 per share   Sheetal Universal Limited IPO to be Listed on  NSE
Sheetal Universal Limited IPO Issue Size ₹23.80 Cr   Sheetal Universal Limited IPO Price band  ₹70 per share

 

IPO analysis

Registrar information
Name
Bigshare Services Pvt Ltd
Phone number
+91-22-6263 8200
Email ID
ipo@bigshareonline.com

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