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Sheetal Universal Limited

Sheetal Universal Limited

listed
₹1.40LMin. investment

Sheetal Universal Limited IPO Details

Price range₹70.00 – ₹70.00
IPO type
SME
Lot size2000 shares
Issue size₹23.8Cr

Sheetal Universal Limited Timeline

  1. Bid start
    4 Dec 2023
  2. Bid end
    6 Dec 2023
  3. Allotment
    6 Dec 2023
  4. Release of funds
    8 Dec 2023
  5. Demat transfer
    7 Dec 2023
  6. Listing
    11 Dec 2023

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 NameSheetal Universal Limited Limited Sheetal Universal Limited IPO Opening DateDecember 4, 2023
Company Established On2015Sheetal Universal Limited IPO Price band₹70 per share

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Sheetal Universal Limited Contact Details

Company NameSheetal Universal Limited

How to apply for Sheetal Universal Limited?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

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