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SME IPO Status: Listed [4th Dec 2023 to 6th Dec 2023]
Sheetal Universal Limited is going to launch its SME IPO at NSE Emerge. The issue size of this SME IPO is Rs 23.80 Cr that is 100 % Fresh Issue. The face value of each share is Rs 10. This IPO is opening from 04 Dec 2023 to 06 Dec 2023. If You want to apply in this SME IPO then you have to buy at least one lot of 2000 shares or its multiple and Issue price is fixed at Rs 70 for each share.
Keep visiting this website to get the latest details of Sheetal Universal Limited, including company overview, financials, live subscription, allotment, GMP and more.
| SME IPO Issue Opening Date: | 4th Dec 2023 |
| SME IPO Issue Closing Date: | 6th Dec 2023 |
| SME IPO Issue Price: | ₹70.00 Per Share |
| DRHP: | Download DRHP |
| RHP: | Download RHP |
| IPO Listing At: | NSE SME |
| Retail Quota: | 50% of the Net issue |
| SME IPO Issue Type: | Fixed Price Issue |
| SME IPO Issue Size: | ₹23.80 Cr |
| Fresh Issue: | ₹23.80 Cr |
| Face Value: | ₹10 Per Equity Share |
| SME IPO Discount: | TBD |
| Promoter Holding Pre IPO: | 95% |
| Promoter Holding Post IPO: | 66.81% |
| Allotment Status: | Allotment Status |
| NSE Code: | SHEETAL |
Get important updates regarding Sheetal Universal SME IPO tentative timeline covering SME IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
| SME IPO Activity | Date |
|---|---|
| Basis of Allotment Date* | 7th Dec 2023 |
| Refunds Initiation* | 8th Dec 2023 |
| Credit of Shares to Demat* | 8th Dec 2023 |
| SME IPO Listing Date* | 11th Dec 2023 |
* - Tentative Dates
| SME IPO Activity | Date |
|---|---|
| Issue Price | ₹70.00 |
| Market Lot: | 2000 Shares |
| 1 Lot Amount: | ₹140000 |
| Min HNI Lots: | 4000 shares (2 lots) |
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Expected Listing Gain | Last Updated |
|---|---|---|---|---|---|
| 11-12-2023 | 70.00 | 9 | 13700 | ₹79 (12.86%) | 11-Dec-2023 9:29 |
**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
Sheetal Universal Limited was established in August 2015 to source, process and supply agricultural commodities such as peanuts, sesame seeds, spices and grains to manufacturers of peanut butter, cookies, cakes, chocolate and food products. Within a short period of time, the company was recognized as a One Star Export House category exporter by the Ministry of Trade and Industry due to its export performance.
The company’s motto is to supply quality products while maintaining safe and hygienic operating conditions. It is recognized as a leading processor and exporter of various spices, peanuts, sesame seeds and pulses, and other agricultural products. Since its inception, the company has been dedicated to sourcing, processing and supplying high quality food ingredients from India. They can provide both organic and conventional products of Indian origin, which are characterized by good quality and purity and strictly meet the delivery deadlines.
Over the years, the company has built a solid customer base in various countries. The company supplies products to the Russian Federation, Indonesia, Malaysia, Vietnam, the United Arab Emirates, Iran, Algeria, Israel, Turkey and Egypt.
| Incorporation | Sector | IPO Issue Size | Website |
| 2015 | Agricultural Products | ₹23.80 Cr | https://sheetaluniversal.com/ |
The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:
1. Funding capital expenditure
2. Working Capital Requirement
3. General Corporate Purpose
4. To meet Public Issue Expenses
Our experts can help you prepare for SME IPO
The table below is live update of SME IPO bidding details from NSE and BSE.
| Day | NII | RII | Total | |
|---|---|---|---|---|
| # of Shares Offered | 1,614,000 (50%) | 1,614,000 (50%) | 3,228,000 | |
| 1 | 4th Dec 2023 19:31 | 3.56x | 4.79x | 4.69x |
| 2 | 5th Dec 2023 19:31 | 14.05x | 23.01x | 20.54x |
| 3 | 6th Dec 2023 19:31 | 212.55x | 129.73x | 179.20x |
Sheetal Universal Limited's revenue increased by 230.49% and profit after tax (PAT) rose by 602.4% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 31 Aug 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 4,370.03 | 2,804.02 | 1,602.82 | 1,272.15 |
| Revenue | 5,826.93 | 13,165.68 | 3,983.67 | 3,883.53 |
| Profit After Tax | 187.67 | 198.85 | 28.31 | 25.41 |
| Net Worth | 1,046.89 | 649.22 | 450.37 | 422.07 |
| Reserves and Surplus | 241.29 | 299.22 | 100.37 | 72.07 |
| Total Borrowing | 1,463.22 | 1,356.24 | 984.80 | 625.07 |
| Amount in ₹ Lakhs | ||||
The table below show peer comparison from DRHP/RHP.
| Company | EPS Basic | EPS Diluted | NAV | P/E(x) | RoNW | Financial statements |
|---|---|---|---|---|---|---|
| Sheetal Universal Limited | 2.56 | 2.56 | 8.37 | 27.34 | 30.63 |
Last Updated on 15-Dec-2023 06:02:43
Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Sheetal Universal SME IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Sheetal Universal SME IPO with Zerodha.
Alternate approch to apply in Sheetal Universal SME IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.
Sheetal Universal SME IPO Review and Important Updates
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To subscribe or apply in Sheetal Universal SME IPO, you can use the following methods:
| Sheetal Universal SME IPO Applying Mode | ||
| Online Application | 3-in-1 Trading Account | If your broker is 3-in-1 service provider, you can apply in Sheetal Universal SME IPO directly with your brokers website. Example HDFC Sky, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment. |
| Online Application | 2-in-1 Trading Account | Brokers like Zerodha, TradeSmart Online provides access to applying in Sheetal Universal SME IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online. |
| Online Application | ASBA | This is one of the most popular mode of applying in Sheetal Universal SME IPO. Most of the Syndicate Banks provide access to apply in Sheetal Universal IPO via ASBA process. You must have your net banking access, DP ID information to apply in Sheetal Universal SME IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account. |
| Offline Application | Physical Form | You can apply in Sheetal Universal SME IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app. |
Sheetal Universal SME IPO Review and Important Updates
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Sheetal Universal SME IPO is going to be list on 11-12-2023. NSE Code for Sheetal Universal is SHEETAL.
Other relevant questions:
When Sheetal Universal SME IPO will be listing? Sheetal Universal SME IPO NSE listing date?Sheetal Universal SME IPO date of listing
Sheetal Universal SME IPO Allotment Date is 07-12-2023.
Other relevant questions:
Sheetal Universal SME IPO share allotment date?Sheetal Universal SME IPO allotment date?
