← IPO Calendar

Sheetal Medicare Products IPO IPO

SME[.][.]
1
Open
[.]
2
Close
[.]
3
Allotment
4
Listing
[.]
Issue Size
23,00,400 shares (agg. up to ₹[.] Cr)
Listing Date
[.]
✦ AI Insight

Restated Financials (₹ Cr.)

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets44.8728.8127.8028.62
Total Income32.6252.0444.4642.84
Profit After Tax2.003.112.150.18
EBITDA3.495.784.281.74
NET Worth11.468.635.523.36
Reserves and Surplus6.013.232.820.66
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Bio Medica Laboratories Ltd.SME₹52.43 Cr₹13913.03₹115.80-16.69%₹139.45 (-0.43%)
Goldline Pharmaceutical Ltd.SME₹11.61 Cr₹4310.47₹56.77+32.02%₹39.99 (-2.46%)
Speciality Medicines Ltd.SME₹29.14 Cr₹1249.27₹125.90+1.53%₹185.00 (-3.09%)
Accretion Nutraveda Ltd.SME₹24.77 Cr₹12926.27₹191.20+48.22%₹273.50 (-1.62%)
KRM Ayurveda Ltd.SME₹77.49 Cr₹13517.32₹180.70+33.85%₹249.60 (-0.95%)
Curis Lifesciences Ltd.SME₹27.52 Cr₹12812.44₹141.00+10.16%₹109.90 (-0.54%)
Aptus Pharma Ltd.SME₹13.02 Cr₹7011.29₹84.84+21.20%₹254.10 (+1.15%)
Hexagon Nutrition Ltd.Mainboard₹138.87 Cr₹4522.69₹53.19+18.20%₹67.82 (-3.02%)
Sai Parenteral's Ltd.Mainboard₹408.79 Cr₹39272.19₹405.70+3.49%₹551.05 (-1.70%)
Corona Remedies Ltd.Mainboard₹655.37 Cr₹106243.47₹1,438.40+35.44%₹2,042.70 (-2.23%)
Rubicon Research Ltd.Mainboard₹1,377.50 Cr₹48555.75₹628.20+29.53%₹1,466.40 (-3.39%)
Amanta Healthcare Ltd.Mainboard₹126.00 Cr₹12634.59₹141.75+12.50%₹167.00 (-0.86%)
Anlon Healthcare Ltd.Mainboard₹121.03 Cr₹9117.67₹91.73+0.80%₹14.87 (-3.06%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Towards the purchase of Plant & Machinery/Equipment6.02
2Funding the Working Capital Requirements7.00
3Funding Marketing and Promotional Activities3.00
4General Corporate Purposes
Total16.02

About Sheetal Medicare Products IPO

Incorporated on 1997, Sheetal Medicare Products Limited is a healthcare and pharmaceutical manufacturing company. The company is primarily engaged in the manufacturing of ayurvedic, herbal, and medicinal products, falling under the broader pharmaceuticals and botanical products segment. Its product range includes herbal formulations such as oils, syrups, powders, tablets, and wellness products catering to health and personal care needs. Sheetal Medicare focuses on natural and traditional healthcare solutions, combining ayurvedic practices with manufacturing processes to serve domestic markets. The company operates from its manufacturing facility in Maharashtra and continues to remain active in the healthcare sector. Overall, Sheetal Medicare Products Limited is a small-to-mid scale herbal and pharmaceutical manufacturer focused on ayurvedic healthcare products in India. Competitive Strengths: Organizational stability along with management expertise Established manufacturing facility designed to serve multiple products range Quality assurance and accreditations Proposed Distribution Network with Urban Market Presence Manufacturing Facility capable of safely managing Mercury + Read M

Contact Details

Sheetal Medicare Products Ltd. AddressSurvey No: 59,Dakiwali, Post Chamla,Lohape Road, Tal. Wada, District PalgharPalghar, Maharashtra, 421312+91 97555 33306secretarial@sheetalherbal.comVisit Website