Sheetal Universal Limited
ListedSMEEmerging 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
₹9
+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 12 days ago
Overall Subscription
171.19x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
212.66x
High Net-Worth
Retail (RII)
129.73x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 1,614,000 | 343,232,000 | 212.66x |
| RETAIL | 1,614,000 | 209,384,000 | 129.73x |
| Total | 3,228,000 | 552,616,000 | 171.19x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 595 | 77,189 | 129.73x |
| HNIs (10L +) | 4 | 851 | 212.66x |
| HNIs (2-10L) | 18 | 3,828 | 212.66x |
| Total Applications | 617 | 81,868 | 132.69x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Sheetal Universal Limited Public Issue & Market Profile
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.
Bidding & Quota Instructions:
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 Schedule:
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.
Frequently Asked Questions
What is Sheetal Universal Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Sheetal Universal Limited IPO is ₹9 per equity share. Based on the upper price band of ₹70 to ₹70 per equity share, the estimated listing price is ₹79 (+12.9% expected listing gain).
What is the expected profit per lot for Sheetal Universal Limited IPO?
With a lot size of 2000 shares and current GMP of ₹9, the expected profit per application lot is approx ₹18,000 (+12.9% gain). Minimum application cost is approx ₹1,40,000.
What is the issue size and price band for Sheetal Universal Limited IPO?
The Sheetal Universal Limited IPO aggregate issue size is ₹23.8 Crores with an equity price band set at ₹70 to ₹70 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,40,000.
How can I check Sheetal Universal Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 171.19x (Retail: 129.73x, QIB: 0.00x, NII: 212.66x). You can track live multiples directly on our dedicated subscription page.
Where and when will Sheetal Universal Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Bigshare Services Pvt Ltd) and the BSE status verification website on or around 2023-12-07. Investors can verify status using PAN card or application number.
When is the listing date for Sheetal Universal Limited IPO?
Sheetal Universal Limited shares are scheduled to list on NSE on 2023-12-11.