Sheetal Universal Limited IPO
₹70
2000
N/A
| Open Date: | 04-Dec-2023 |
| Close Date: | 06-Dec-2023 |
| Allotment Date: | 07-Dec-2023 |
| Listing Date: | 11-Dec-2023 |
| Listing Price: | ₹85.2/- |
| Face Value: | ₹10 Per Equity Share |
| Issue Price: | ₹70 Per Equity Share |
| Issue Size: | Total Issue Size 3,400,000 shares (aggregating up to ₹23.80 Cr) : Fresh Issue 3,400,000 shares (aggregating up to ₹23.80 Cr) |
| Market Lot (Min Amount): | Retail - ₹140,000 : Retail - ₹140,000 : HNI - ₹280,000 |
| Earning Per Share(EPS) | ₹2.56/- |
| P/E Ratio | 27.34 |
| RoNW | 30.63% |
| Net Asset Value (NAV) - Post Issue: | ₹N/A/- |
| Total Assets | Total Revenue | Profit After Tax | |
|---|---|---|---|
| 31 Mar,2023 | 2,804.02 | 13,165.68 | 198.85 |
| 31 Mar,2022 | 1,602.82 | 3,983.67 | 28.31 |
| 31 Mar,2021 | 1,272.15 | 3,883.53 | 25.41 |
| Pre Issue Share Holding | 95% |
| Post Issue Share Holding | N/A% |
| 1. Mr. Hiren Vallabhbhai Patel |
| 2. Mrs. Kajal Hiren Patel |
The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:
1. Funding capital expenditure
2. Working Capital Requirement
3. General Corporate Purpose
4. To meet Public Issue Expenses
Incorporated in 2015, Sheetal Universal Limited is engaged in the business of sourcing, processing, and supplying agricultural commodities like peanuts, sesame seeds, spice, and grains to cater to the manufacturers of peanut butter, biscuits, cakes, chocolate, and food products.
The product range of the company comprises spices, peanuts, sesame seeds and pulses, and other agro-products.
Sheetal Universal owns a manufacturing & processing unit situated in Jamnagar, Gujrat, spread across a total land area of approximately 14,668 sq mts. The manufacturing unit is certified with FSSAI-2006 by the Government of India. The company is a member of the Agricultural & Processed Food Products Export Development Authority and the Indian Oil Seeds & Produce Export Promotion Council.
The company owns two subsidiaries Saumesvar International Private Limited and Svar Industries Private Limited. The subsidiaries process and export agri-commodities like oil seed, grains, etc.
The company's clientele includes customers from the Russian Federation, Indonesia, Malaysia, Vietnam, UAE, Iran, Algeria, Israel, Turkey, and Egypt.
Sheetal Universal recorded a total revenue from operations of Rs. 12,881.22 Lacs, Rs. 3,868.77 Lacs, and Rs. 3,763.64 Lacs in fiscal 2023, 2022, and 2021 respectively.
The competitive strength of the company lies in the following:-
- Advantageous geographical location
- Experienced Promoters and Management Team
- Diversified customer base and long-standing relationship with our customers
- On-time delivery of products
- Scalable Business Model
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