
✓
Open
4 Dec 2023
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Close
6 Dec 2023
3
Allotment
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Listing
Mon, Dec 11, 2023
Price Band
₹70 per share
Issue Size
34,00,000 shares (agg. up to ₹24 Cr)
Lot Size
2,000 Shares
Listing Date
Mon, Dec 11, 2023
Latest GMP
₹9
Est. Gain
12.86%
✦ AI Insight
GMP Trend
11-12-2023₹9Est. ₹79+12.86%
10-12-2023₹9Est. ₹79+12.86%
09-12-2023₹11Est. ₹81+15.71%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 169.27x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Aug 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 43.70 | 28.04 | 16.03 | 12.72 |
| Total Income | 58.27 | 131.66 | 39.84 | 38.84 |
| Profit After Tax | 1.88 | 1.99 | 0.28 | 0.25 |
| NET Worth | 10.47 | 6.49 | 4.50 | 4.22 |
| Reserves and Surplus | 2.41 | 2.99 | 1.00 | 0.72 |
| Total Borrowing | 14.63 | 13.56 | 9.85 | 6.25 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| City Crops Agro Ltd. | SME | ₹15.00 Cr | ₹25 | 22.03 | ₹25.42 | +1.68% | ₹26.73 (+4.99%) |
| Nirman Agri Genetics Ltd. | SME | ₹20.30 Cr | ₹99 | 14.93 | ₹101.30 | +2.32% | ₹40.50 (-0.12%) |
| Prospect Commodities Ltd. | SME | ₹7.48 Cr | ₹61 | 31.44 | ₹61.45 | +0.74% | ₹48.00 (-4.95%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure | 5.84 |
| 2 | Working Capital Requirement | 12.00 |
| 3 | General Corporate Purpose | 3.63 |
About Sheetal Universal IPO
Incorporated in 2015, Sheetal Universal Limited sources, processes, and supplies agricultural raw materials such as peanuts, sesame seeds, spices, and grains for the production of peanut butter, cookies, cakes, chocolate, and food products. Sheetal Universal's product category includes: Oilseeds: Peanuts, Groundnut Inshell, Hulled Sesame Seeds Spices: Fenugreek seeds, Cumin Seeds, Turmeric, Dill Seeds, Kalunji, Fennel Seeds Grains: Rice, Chickpeas Other products: Raisins, Desiccated Coconut The company's manufacturing and processing facility is located in Jamnagar, Gujrat, and is spread over a total area of approximately 14668 sq. mtr. Sheetal Universal has two subsidiaries, namely Saumesvar International Private Limited, which exports agricultural produce, ceramic tiles, and brass fittings from India, and Svar Industries Private Limited, which produces, processes, and distributes agricultural produce, seeds, agricultural seeds, forestry seeds, vegetable seeds, cereals, grains, pulses, cattle feed or cakes and spices, including raw spices.+ Read More
Contact Details
Sheetal Universal Ltd. AddressOffice No.3482nd Floor, ISCON Mall150 Feet Ring RoadRajkot, Gujarat, 360005+91 9099302638cs@sheetaluniversal.comVisit Website