Sheetal Universal Ltd IPO
Price Range
₹70
-
Min. Quantity
2,000 Shares
Closes on
6 December 2023
-
Min. investment
₹1,40,000
Sheetal Universal Ltd IPO Timeline
| Event | Date |
|---|---|
| Sheetal Universal Ltd IPO Opening Date | 4 December 2023 |
| Sheetal Universal Ltd IPO Closing Date | 6 December 2023 |
| Basis of Allotment | 7 December 2023 |
| Initiation of Refunds | 8 December 2023 |
| Credit of Shares to Demat | 8 December 2023 |
| Sheetal Universal Ltd IPO Listing Date | 11 December 2023 |
Sheetal Universal Ltd IPO Details
| Sheetal Universal Ltd IPO Date | 4 December 2023 to 6 December 2023 |
| Sheetal Universal Ltd IPO Face Value | ₹10 per share |
| Sheetal Universal Ltd IPO Price | ₹70 to ₹0 per share |
| Sheetal Universal Ltd IPO Lot Size | 2,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹23.8 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹23.8 Cr) |
| Offer for Sale | - |
| Issue Type | Fixed Price - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Hiren Vallabhbhai Patel, Kajal Hiren Patel |
Sheetal Universal Ltd IPO Lot Size
The Sheetal Universal Ltd IPO lot size is 2,000 shares. A retail-individual investor can apply for up to 1 lots (2,000 shares or ₹1,40,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 2,000 | ₹1,40,000 |
| Maximum | 1 | 2,000 | ₹1,40,000 |
- Strengths
- Risks
- Opportunities
- Advantage of Geographic Location.
- Quality Assurance.
- Experienced Promoters and Management Team.
- Diversified customer base and long-standing relationship with its customers.
- Timely Delivery of Products.
- Well-defined organizational structure.
- Scalable Business Model.
Company Financials
Sheetal Universal Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 71.84 | 108.07 | 9.32 |
| 03-2024 | 51.1 | 132.47 | 2.06 |
| 03-2023 | 26.56 | 131.07 | 2.06 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding capital expenditure
- Working capital Requirement
- General corporate purposes
Sheetal Universal Ltd IPO Promoter Holding
| Pre Issue Share Holding | 70.66% |
| Post Issue Share Holding | 49.69% |
Sheetal Universal Ltd IPO Subscription Status (Bidding Detail)
The Sheetal Universal Ltd IPO is subscribed 162.5341 times on 6 December 2023 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 162.5341 |
Sheetal Universal Ltd IPO Prospectus
Sheetal Universal Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | NSE - SME |
| ISIN | INE04VX01019 |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
# 348 2nd Flr Iscon Mall150 Feet Ring Road,Rajkot-360005
Phone: +919099302638
Email: cs@sheetaluniversal.com
Website: www.sheetaluniversal.com
Sheetal Universal Ltd IPO Registrar
Sheetal Universal Ltd IPO Lead Manager(s)
- Beeline Capital Advisors Pvt Ltd
How to Check the Allotment Status of Sheetal Universal Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Sheetal Universal Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Sheetal Universal Ltd IPO
Sheetal Universal Limited was incorporated as a Public Limited Company vide Certificate of Incorporation dated August 20, 2015, issued by the Assistant Registrar of Companies, Gujarat. The Company was incorporated with the object 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.