Sheetal Universal Limited

Company Profile
Company Name Sheetal Universal Limited
Open Date 04-12-2023
Close Date 06-12-2023
Exchange NSE SME
Lot Size 2000 Shares
Issue Price ₹70 per share
Issue Size 34,00,000 Equity Shares
Application Amount ₹ 1,40,000
Recommendation Avoid
Sheetal Universal Limited was originally incorporated in the year 2015 and has its registered office in Gujarat, India. The company is in the business of Sourcing, processing and supplying agricultural commodities like peanuts, sesame seeds, spices and grains to cater for the manufacturers of peanut butter, biscuits, cakes, chocolate and food products. The company’s manufacturing unit at Jamnagar, Gujarat certified by the Government of India with FSSAI-2006. As of 31st July 2023, the Company has 19 employees on its payroll.
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Financial Summary in Lakhs

For the Period Ended Mar-2 1 Mar-22 Mar-23 Aug-23
Total Assets 1,272.15 1,602.83 2,804.02 4,370.03
Net Assets 422.07 450.37 649.22 1,046.89
Total Borrowings 625.07 984.80 1,356.24 1,463.22
Total Revenue 3,883.54 3,983.67 13,165.68 5,826.93
Profit After Tax 25.42 28.32 198.85 187.67

Tentative Timeline

Opening Date 04-12-2023
Closing Date 06-12-2023
Basis of Allotment 07-12-2023
Initiation of Refunds 08-12-2023
Credit of Shares to Demat 08-12-2023
Listing Date 11-12-2023

Objects of the Issue

Funding Working Capital Requirement.
Funding Capital Expenditure.
General Corporate Purpose..
To Meet the Issue Expenses.

Contact Information

Registered Office Sheetal Universal Limited Office No. 348 2nd Floor, ISCON Mall, 150 Feet Ring Road, Rajkot - 360005
Phone +91 9099302638

Registrar Details

Name Bigshare Services Pvt Ltd
Phone +91-22-6263 8200

IPO Reservation

Retail Shares Offered 50% of the Net issue
Other Shares Offered 50% of the Net issue

Shareholding Pattern

Share Holding Pre Issue (Promoters) 95.00%
Share Holding Post Issue (Promoters) 66.81%

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