Sheetal Universal Ltd
Price Range
₹70
Min. Quantity
2,000
Closes on
6 December 2023
Min. investment
₹1,40,000/2,000 Shares
Sheetal Universal Ltd IPO Timeline
Sheetal Universal Limited was incorporated as a Public Limited Company vide Certificate of Incorporation dated August 20, 2015, issued by the Assistant Registrar of Companies, Gujarat.
| Event | Date |
|---|---|
| Sheetal Universal Ltd IPO Opening Date | 4 December 2023 |
| Sheetal Universal Ltd IPO Closing Date | 6 December 2023 |
| Basis of Allotment | 7 December 2023 |
| Initiation of Refunds | 8 December 2023 |
| Credit of Shares to Demat | 8 December 2023 |
| Sheetal Universal Ltd IPO Listing Date | 11 December 2023 |
Sheetal Universal Ltd IPO Details
| Sheetal Universal Ltd IPO Date | 4 December 2023 to 6 December 2023 |
| Sheetal Universal Ltd IPO Face Value | ₹10 per share |
| Sheetal Universal Ltd IPO Price | ₹70 to ₹0 per share |
| Sheetal Universal Ltd IPO Lot Size | 2,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹23.8 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹23.8 Cr) |
| Offer for Sale | - |
| Issue Type | Fixed Price - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Hiren Vallabhbhai Patel, Kajal Hiren Patel |
Sheetal Universal Ltd IPO Lot Size
The Sheetal Universal Ltd IPO lot size is 2,000 shares. A retail-individual investor can apply for up to 1 lots (2,000 shares or ₹1,40,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 2,000 | ₹1,40,000 |
| Maximum | 1 | 2,000 | ₹1,40,000 |
- Strengths
- Risks
- Opportunities
- Advantage of Geographic Location.
- Quality Assurance.
- Experienced Promoters and Management Team.
- Diversified customer base and long-standing relationship with its customers.
- Timely Delivery of Products.
- Well-defined organizational structure.
- Scalable Business Model.
Company Financials
Sheetal Universal Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 51.1 | 132.47 | 2.06 |
| 03-2023 | 26.56 | 131.07 | 2.06 |
| 03-2022 | 16.02 | 38.44 | 0.26 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding capital expenditure
- Working capital Requirement
- General corporate purposes
Sheetal Universal Ltd IPO Promoter Holding
| Pre Issue Share Holding | 70.66% |
| Post Issue Share Holding | 49.69% |
Sheetal Universal Ltd IPO Subscription Status (Bidding Detail)
The Sheetal Universal Ltd IPO is subscribed 162.5341 times on 6 December 2023 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 162.5341 |
Sheetal Universal Ltd IPO Prospectus
Sheetal Universal Ltd IPO Listing Date
| Listing Date | 11 December 2023 |
| BSE Script | 91905 |
| NSE Symbol | SHEETAL |
| Listing In | NSE - SME |
| ISIN | INE04VX01019 |
| IPO Price | ₹70 |
| Face Value | ₹10 |
Company Contact Information
# 348 2nd Flr Iscon Mall150 Feet Ring Road,Rajkot-360005
Phone: +919099302638
Email: cs@sheetaluniversal.com
Website: www.sheetaluniversal.com
Sheetal Universal Ltd IPO Registrar
Sheetal Universal Ltd IPO Lead Manager(s)
- Beeline Capital Advisors Pvt Ltd
FAQ
What is the issue size of Sheetal Universal Ltd IPO?
I have pre-applied for Sheetal Universal Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.