31 Mar 2021
Assets12.72
Total Income38.84
Profit After Tax0.25
NET Worth4.22
Reserves and Surplus0.72
Total Borrowing6.25
At a glance
Updated 2026-09-16The shares listed at ₹75.00, a 7.14% move from the issue price. Sheetal Universal is a SME IPO with an issue size of ₹23.80 crore, proposed for listing on NSE SME. The offer opens on 4th Dec 2023 and closes on 6th Dec 2023. The issue structure includes a fresh issue of ₹22.60 crore. The current listing schedule points to 11th Dec 2023.
Issue details
Listing atNSE SME
Issue typeFixed Price Issue
Issue size₹23.80 Cr
Fresh issue₹22.60 Cr
Face value₹10
Price band—–—
Allotment7th Dec 2023
Listing11th Dec 2023
Listing performance
Full performance ↗Issue price₹70.00
Listing price₹75.00
Current price—
Listing gain7.14%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹9.00
GMP / upper priceNO DATA
Est. listing₹79.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens4th Dec 2023
Closes6th Dec 2023
Allotment7th Dec 2023
Refund8th Dec 2023
Demat8th Dec 2023
Listing11th Dec 2023
Subscription demand
Full bidding ↗Total179.20×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 2000 | — |
Company
Incorporated2015
Use of proceeds
| Object | Amount |
|---|---|
| Funding capital expenditure | ₹5.84 Cr |
| Working Capital Requirement | ₹12.00 Cr |
| General Corporate Purpose | ₹3.63 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue58.27₹ Cr · -55.7% vs prior year
PAT1.88₹ Cr · -5.5% vs prior year
Assets43.70₹ Cr · +55.8% vs prior year
Net Worth10.47₹ Cr · +61.3% vs prior year
Borrowing14.63₹ Cr · +7.9% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2022
Assets16.03
Total Income39.84
Profit After Tax0.28
NET Worth4.50
Reserves and Surplus1.00
Total Borrowing9.85
31 Mar 2023
Assets28.04
Total Income131.66
Profit After Tax1.99
NET Worth6.49
Reserves and Surplus2.99
Total Borrowing13.56
31 Aug 2023
Assets43.70
Total Income58.27
Profit After Tax1.88
NET Worth10.47
Reserves and Surplus2.41
Total Borrowing14.63
KPIs
| KPI |
|---|
| ROE |
| ROCE |
| Debt / Equity |
| RoNW |
| PAT Margin |
Valuation & shareholding
Pre-IPO EPS2.56
Pre-IPO P/E27.34
Post-IPO P/E17.81
Promoter holding pre95%
Promoter holding post66.81%
Market cap₹80.19 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Sheetal Universal IPO | — | 17.81 x | — | — |
| Pajson Agro IPO | — | 9.90 x | — | — |
| Shri Ahimsa IPO | — | 14.25 x | — | — |
| Swasth Foodtech IPO | — | 15.05 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Lead Manger Fees | ₹0.22 Cr |
| Fees Payable to Registrar to the Issue | ₹0.01 Cr |
| Fees Payable to Legal Advisors | ₹0.04 Cr |
| Fees Payable Advertising, Marketing Expenses and Printing Expense | ₹0.06 Cr |
| Fees Payable to Regulators including Stock Exchanges and other Intermediaries | ₹0.05 Cr |
| Fees payable to Peer Review Auditors | ₹0.01 Cr |
| Fees Payable to Market Maker | ₹0.03 Cr |
| Escrow Bank Fees | ₹0.02 Cr |
| Others (Fees payable for marketing & distributing expenses, selling commission, brokerage, processing fees, underwriting fees and miscellaneous expenses.) | ₹1.90 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Beeline Capital Advisors Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-16.
IPO UPDATE ALERTS
Register for IPO Updates →Track Sheetal Universal without missing an update
Register for subscription, GMP, allotment and listing notifications.