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Sheetal Universal IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Rajkot and caters to Agro - Food Products sector. Beeline Capital Advisors Private is the merchant banker of Sheetal Universal IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 31st August 2023.
Sheetal Universal IPO open date is 4th December 2023 and close date is 6th December 2023. IPO Allotment Date is 7th December 2023 and Listing date is 11th December 2023.Sheetal Universal IPO size is Rs 23.80 Cr. crores with IPO price of Rs 70.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Beeline Capital Advisors Private Limited is the book-running lead manager of the Sheetal Universal IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Spread X Securities Private Limited for Sheetal Universal IPO.
Sheetal Universal IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Sheetal Universal IPO, based in Rajkot, operates in the Agro - Food Products sector with a focus on Sourcing, processing and supply in agriculture commodities. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Sheetal Universal IPO size is ₹ 23.80 Cr. Crores with fresh issue size of Rs 23.80 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Sheetal Universal IPO is expected to be 7th December 2023, after the finalization of basis of allotment. Investors can check Sheetal Universal IPO allotment status on the registrars website, Bigshare Services Private Limited. Sheetal Universal IPO refund dates are 8th December 2023.
Sheetal Universal IPO is expected to be listed on 11th December 2023.
The upper price band for the Sheetal Universal IPO is set at ₹ 70.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Sheetal Universal IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Sheetal Universal IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 6th December 2023. After submission, funds are blocked until the basis of allotment of Sheetal Universal IPO is finalised.
The merchant banker for Sheetal Universal IPO is Beeline Capital Advisors Private Limited . Beeline Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Sheetal Universal IPO RHP for further details.
The registrar for Sheetal Universal IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Sheetal Universal IPO through their official website or helpline.
Sheetal Universal IPO was subscribed 179.20 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 23.80 Cr.
Avg IPO Size (Sector Based)
:
₹ 20.68 Cr.
Sector: Agro - Food Products
SME IPO so far:
32
Merchant Banker:
Beeline Capital
SME IPO by BRLM so far:
47
City:
Rajkot
SME IPO so far:
27
Revenue (annualised):
₹ 136.22 cr.
PE
Ratio:
17.81x
Average Sector PE Ratio: 19.17x
Sheetal Universal IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Sheetal Universal Financial Review Page
Merchant Banker(s) of Sheetal Universal IPO: Beeline Capital Advisors Private Limited
Sheetal Universal IPO subscription was 179.20 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Sheetal Universal IPO listed at a listing price of 75.40 against the offer price of 70.00.
The current market price of Sheetal Universal is 89.95.
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