Sheetal Universal IPO

Sheetal Universal Limited

₹1,40,000 /2000 sharesMinimum Investment

Sheetal Universal IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
4 Dec ‘23 - 6 Dec ‘23₹1,40,0002,000₹70 - ₹70
Issue SizeIPO Doc
23.80Cr
RHP PDF

About Sheetal Universal

Sheetal Universal is engaged in sourcing, processing, and supplying agricultural commodities like peanuts, sesame seeds, spice, and grains. The company focuses on serving manufacturers of peanut butter, biscuits, cakes, chocolates, and various food products. It owns a manufacturing and processing facility located in Gujarat, India, covering an area of approximately 14668 sq mts. With two subsidiaries, Saumesvar International Private Limited and Svar Industries Private Limited, Sheetal Universal's subsidiaries are engaged in processing and exporting agricultural commodities such as oilseeds and grains.;
Founded in
2015
Managing director
Mr. Hiren Vallabhbhai Patel
Parent organisation
Sheetal Universal Limited

Strengths & Financials of Sheetal Universal

Strengths
Risks
Sheetal Universal operates its processing unit near Rajkot, Gujarat, a central hub for peanuts, groundnuts, seeds, sesame, and chickpeas. With a primary focus on exports, the company conducts major shipments through the nearby ports of Mundra, Pipavav, and Kandla.
Sheetal Universal gained recognition as a Category One Star Export House from the Ministry of Commerce and Industry in a short period. Later, in May 2023, it became a Two Star Export House.
Sheetal Universal is a member of the Agricultural & Processed Food Products Export Development Authority and the Indian Oilseeds & Produce Export Promotion Council.
Sheetal Universal’s manufacturing facility is accredited with ISO 22000:2018 certifications for processing various products.
In 2018, the company expanded its processing activities to include sesame seeds and spices, incorporating high-tech machinery for cleaning, destoning, gravity separation, and color sorting.
Over the years, Sheetal Universal has established a customer base in various countries, supplying products to Russia, Indonesia, Malaysia, Vietnam, UAE, Iran, Algeria, Israel, Turkey, and Egypt.
The company ventured into peanut processing in 2017, building its processing line for cleaning, destoning, decodication, airlock cleaning, gravity separation, color sorting, and grading. Currently, the production unit is certified for exporting peanuts to the European Union for both bird feed and human consumption.

Sheetal Universal Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Sheetal Universal IPO

Apply asPrice bandApply upto
Regular70 - 70₹2 Lakh
High Networth Individual70 - 70₹2 - 5 Lakh
For Sheetal Universal IPO, eligible investors can apply as Regular.
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