Hello my fellow finance enthusiasts, there is a huge investment opportunity opening up in the near future. Yes, you heard absolutely right. The Sheetal Universal IPO is going to open soon. So I will give you complete information about Sheetal Universal IPO here on IPO India.
On this article I will inform you about Sheetal Universal IPO Date, Price, GMP, Review and Best 3 IPOs to Invest. So without wasting any more time let’s start.
About Sheetal Universal Limited
SHEETAL UNIVERSAL LIMITED is an APEDA, IOPEPC, ISOQR: ISO 22000:2005, EXPORT HOUSE certified company, today recognized as a leading processor and exporter of a wide range of Edible Oils, Spices, Groundnuts, Sesame & Pulses and other agricultural products. . . Since its inception, Sheetal Universal has been dedicated to sourcing, processing and supplying high quality food ingredients from India. We can offer “Certified Organic” as well as traditional Indian origin products as per client’s requirement with best quality and highest purity level with strict adherence to delivery schedule.
With its vast infrastructure the company began to navigate on a fast track using its excellent relationships and strong goodwill. Direct personal contacts developed over the years with well-established prospective buyers through personal visits, smooth coordination between buyers and their agents have not only helped to continue the excellent business friendship but have also grown stronger and healthier day by day.
Our promoters have vast experience in agro processing industries making us efficient enough to process and export premium quality food ingredients. Our good rapport with trading agents in various states of India helps us source the best quality seeds directly from the producer, hence we offer premium quality food products at competitive prices.
Sheetal Universal IPO GMP
| Exp. Premium (GMP) | ₹7 per Share |
About Sheetal Universal IPO
Here is some information about Sheetal Universal IPO which will help you in making a decision to invest in Sheetal Universal IPO. It appears to be a entirely a fresh issue with a total value of Rs ₹23.80 crore, including 34 Lakh share offer for sale in full.
Summary of the key details
- Issue Size: Rs 23.80 crores
- Offer for Sale: 34 Lakh shares
- Subscription Period: December 4, 2023, to December 6, 2023
- Allotment Date: Expected on Thursday, December 7, 2023
- Listing Date: Tentatively scheduled for Monday, December 11, 2023 on NSE SME
Price Range of Sheetal Universal IPO
- ₹70 per share
Lot Size of Sheetal Universal IPO
- Minimum Lot: 2000 Shares.
- Minimum Investment for Retail Investors: ₹140,000
Minimum Lot Size Investments for Sheetal Universal IPO
- HNI: 2 lots (4,000 shares), amounting to ₹280,000.
This information provides potential investors with the details they need to participate in the Sheetal Universal IPO. It is important to note that investing in IPOs carries risks, and individuals should do their own research or consult financial professionals before making investment decisions.
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Sheetal Universal IPO
| Open Date | Dec 04, 2023 |
| Close Date | Dec 06, 2023 |
| Allotment Date | Dec 07, 2023 |
| Listing Date | Dec 11, 2023 |
| Face Value | ₹10 Pre Equity Share |
| Issue Price | ₹70 Per Equity Share |
| Issue Size | 3,400,000 shares (Aggregating up to ₹23.80 Cr) |
| Market Lot (Min. Amount) | 2000 Shares |
| Listing at Group(s) | NSE SME |
| Lead Manager | Beeline Capital Advisors Pvt Ltd |
| Register | Bigshare Services Pvt Ltd |
| Retail Portion | 50% |
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Valuations of Sheetal Universal IPO
| Earnings Per Share (EPS) | ₹2.56/- |
| P/E Ratio | 27.34 |
| RoNW | 30.63% |
| Net Asset Value (NAV) -as on 31.03.23 | ₹N/A |
Company Financials (in Crs)
| Date | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-23 | 2,804.02 | 13,165.68 | 198.85 |
| 31-Mar-22 | 1,602.82 | 3,983.67 | 28.31 |
| 31-Mar-21 | 1,272.15 | 3,883.53 | 25.41 |
Sheetal Universal Limited Financial Information
| Period Ended | 31- Aug, 2023 | 31- March, 2023 | 31- March, 2022 | 31- March, 2021 |
| Assets | 4,370.03 | 2,804.02 | 1,602.82 | 1,272.15 |
| Revenue | 5,826.93 | 13,165.68 | 3,983.67 | 3,883.53 |
| Profit After Tax | 187.67 | 198.85 | 29.31 | 25.41 |
| Net Worth | 1,046.89 | 649.22 | 450.37 | 422.07 |
| Reserves and Surplus | 271.29 | 299.22 | 100.37 | 72.07 |
| Total Borrowing | 1,463.22 | 1,356.24 | 984.80 | 625.07 |
Promoter(s)
| Pre Issue Share Holding | 95% |
| Post Issue Share Holding | -% |
Company Promotor(s):-
- Mr. Hiren Vallabhbhai Patel
- Mrs. Kajal Hiren Patel
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Key Performance Indicator
| KPI | Values |
|---|---|
| P/E (x) | 27.34 |
| Post P/E (x) | 17.81 |
| Market Cap (₹ Cr.) | 80.19 |
| ROE | 36.17% |
| ROCE | 21.59% |
| Debt/Equity | 2.09 |
| EPS (Rs) | 2.56 |
| RoNW | 36.63% |
Issue Objective(s)
- Funding capital expenditure
- Working Capital Requirement
- General Corporate Purpose
- To meet Public Issue Expenses
Sheetal Universal IPO Registrar
| Name | Bigshare Services Pvt Ltd |
| Phone | +91-22-6263 8200 |
| ipo@bigshareonline.com | |
| Website | https://ipo.bigshareonline.com/ipo_status.html |
Sheetal Universal IPO Review
Sheetal Universal Limited, with its impressive credentials and strong position in the agro-processing industry, presents a promising investment opportunity with its upcoming IPO. The company’s dedication to sourcing and delivering high-quality food ingredients aligns well with the growing demand for such products.
A notable aspect is the company’s diversified product portfolio, which includes edible oils, spices, groundnuts, sesame and pulses, indicating a strategic approach to catering to various market segments. Certifications from APEDA, IOPEPC and ISOQR: ISO 22000:2005 reflect commitment to quality and adherence to international standards, instilling confidence in potential investors.
Financially, Sheetal Universal shows a positive trajectory with significant growth in total assets and revenue over the last financial years. The return on net worth (RoNW) of 30.63% is commendable and underlines the company’s efficient utilization of resources.
IPO details, such as Rs. An issue size of 23.80 crore and a subscription period of December 4, 2023 to December 6, 2023, provides a clear timeline for investors. A price of ₹70 per share, with a minimum lot size of 2000 shares, ensures accessibility for retail investors, while a higher investment threshold for HNIs reflects the company’s confidence in its offering.
Key performance indicators including a P/E ratio of 27.34 and a P/E ratio of 17.81 suggest a fair valuation. The promoters’ substantial pre-issue shareholding of 95% adds to the confidence in Sheetal Universal’s potential.
The objectives of an IPO reflect the prudent allocation of capital raised, with a focus on meeting capital costs of funds, working capital requirements, general corporate objectives and public issue costs.
Conclusion
In conclusion, the Sheetal Universal IPO emerges as an attractive prospect for investors seeking exposure to the agro-processing sector. The company’s strong fundamentals, diverse product range and strategic vision position it favorably in the market. However, as with any investment, investors need to consider thorough due diligence and risk tolerance before making decisions.
As the Sheetal Universal IPO points out, investors are offered an exciting opportunity to explore the potential of the agro-processing industry. With a strong product portfolio, impressive financial performance and a clear roadmap for capital raised, Sheetal Universal appears poised for growth. Be informed, do your research and consider consulting financial advisors to make informed investment decisions. Sheetal Universal IPO can be the next star in your investment portfolio. Happy investing!
Sheetal Universal IPO FAQs
What is Sheetal Universal IPO?
Sheetal Universal IPO is an SME IPO of 3,400,000 equity shares of face value of ₹10 each up to ₹23.80 crore. The issue price is ₹70 per share. Minimum order quantity is 2000 shares.
When Sheetal Universal IPO?
Opens on December 4, 2023 and Closes on December 6, 2023
What is the lot size of Sheetal Universal IPO?
Sheetal Universal IPO lot size is 2000 Shares, and the minimum amount required is ₹140,000.
When is Sheetal Universal IPO allotment?
on Thursday, December 7, 2023