
Emerging SME Services · NSE
Sheetal Universal Limited, established in 2015, specializes in sourcing, processing, and supplying agricultural commodities like peanuts, sesame seeds, spices, and grains, catering to manufacturers of peanut butter, biscuits, cakes, chocolates, and other food products. The company operates a modern processing unit in Jamnagar, Gujarat, covering approximately 14,668 sq. meters, certified by FSSAI-2006. It is also a member of APEDA and IOPEPC, ensuring high-quality standards. Sheetal Universal owns two subsidiaries, Saumesvar International Private Limited and Svar Industries Private Limited, which focus on processing and exporting agri-commodities such as oilseeds and grains. With a strong international presence, the company serves customers across Russia, Indonesia, Malaysia, Vietnam, UAE, Iran, Algeria, Israel, Turkey, and Egypt. Its competitive advantages include a strategic location for sourcing and processing, an experienced leadership team, strong customer relationships, reliable product delivery, and a scalable business model for future growth. Financially, the company has shown steady expansion, recording revenues of ₹12,881.22 Lacs in FY 2023, ₹3,868.77 Lacs in FY 2022, and ₹3,763.64 Lacs in FY 2021.
Price Band
₹70
Issue Size
₹23.80 Cr
Lot Size
2000 shares
GMP
+12.9%
Est. Listing
₹79
at current GMP
Subscribed
171.19x
overall
Open
4 Dec 2023
Close
6 Dec 2023
Allotment
7 Dec 2023
Refund
8 Dec 2023
Demat Credit
9 Dec 2023
Listing
11 Dec 2023
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹70
Band: ₹70
Estimated Listing Price
₹79
Upper price + GMP
Lot Size
2000 shares
Min investment ₹1,40,000
Estimated Profit / Lot
₹18,000
2000 × ₹9
Grey Market Premium trend
+₹9
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹9 | 12.9% | ₹79 |
| 30 Oct 2026 | +₹9 | 12.9% | ₹79 |
| 29 Oct 2026 | +₹8 | 11.6% | ₹78 |
GMP is unofficial market data. Not a guarantee of listing performance.
Sheetal Universal Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹23.8 Crores. The shares are offered at a price band of ₹70 to ₹70 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,40,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Pvt Ltd. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-12-09, while un-allotted funds or UPI block mandates will be released on 2023-12-08.
The latest grey market premium for Sheetal Universal Limited IPO is ₹9, which indicates an expected listing price of ₹79.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.