Sheetal Universal, incorporated with the objective of sourcing, processing, and supplying agricultural commodities, has achieved notable recognition in the industry. The company, founded by Mr. Hiren Vallabhbhai Patel and Mrs. Kajal Hiren Patel, boasts over 8 years of business experience in agro-processing industries, making it proficient in processing and exporting quality food ingredients.
Sheetal Universal holds ISO 22000:2018 and HALAL certifications for processing groundnut, groundnut kernels, sesame seeds, and whole & ground spices. Sheetal Universal is also a proud member of the Agricultural & Processed Food Products Export Development Authority and the Indian Oil Seeds & Produce Export Promotion Council.
Sheetal Universal established its own processing line for peanuts in FY 2017. This includes various processes such as cleaning of in-shell peanuts, destoning, decodication, airlock cleaning, gravity separation, color sorting, and grading. The production unit is certified for exporting peanuts to the European Union, meeting standards for both bird feed and human consumption. In 2018, the company expanded its processing capabilities to include sesame seeds and spices, integrating high-tech machinery for cleaning, destoning, gravity separation, and color sorting. Over the years, Sheetal Universal has built a strong customer base in countries such as the Russian Federation, Indonesia, Malaysia, Vietnam, UAE, Iran, Algeria, Israel, Turkey, and Egypt.
Recognized as a leading processor and exporter of a diverse range of spices, peanuts, sesame seeds, pulses, and other agro products, the company remains dedicated to procuring, processing, and supplying high-quality food ingredients from India. The company offers both organic and conventional Indian-origin products based on client requirements, ensuring good quality and purity levels with strict adherence to delivery schedules.
With a solid foundation in the Agro Processing Industry, Sheetal Universal’s management envisions forward integration with value addition. Plans are underway to set up a manufacturing facility for producing defatted protein powder and extracting cold-pressed oil for the domestic and export markets. The proposed facility will focus on producing defatted protein powder (dry powder) from raw peanuts, almonds, cashew nuts, and seeds, catering to the growing demand for vegan foods.
Sheetal Universal IPO Complete Details:
Sheetal Universal IPO Timetable:
Company Financial Details:
AS OF NOW, the GMP OF Sheetal Universal is Around 00 Rs.
Objects Of Issue:
1. Financing capital expenditures.
2. Fulfilling working capital needs.
3. Addressing general corporate purposes.
4. Covering public issue expenses.
Promoters:
1) Mr. Hiren Vallabhbhai Patel:
– Age: 37 years
– Position: Promoter and Managing Director
– Business Experience: Over 8 years in the food processing sector
2) Mrs. Kajal Hiren Patel:
– Age: 35 years
– Position: Promoter and Whole-Time Director
– Experience: 8 years in staff management, currently managing Human Resources in the company.
FAQs:
When Sheetal Universal IPO is Opening?
Sheetal Universal IPO is Opening on 04 December 2023.
When is the Sheetal Universal IPO Closing?
Sheetal Universal IPO is Closing on 06 December 2023.
What is the Issue Size of the Sheetal Universal IPO?
The IPO Issue Size of Sheetal Universal is 23.80 Crore.
Price Band of Sheetal Universal IPO?
The price Band of Sheetal Universal IPO is 70 rupees per share.
What is the minimum investment for Sheetal Universal IPO?
The minimum investment for the Sheetal Universal IPO is 140,000 Rupees.
Allotment Date of Sheetal Universal IPO?
The Allotment of Sheetal Universal IPO is on 07 December 2023.
Listing Date of Sheetal Universal IPO?
The Listing Of Sheetal Universal is Scheduled on 11 December 2023.
One Should Apply for Sheetal Universal IPO or Not?
will update soon
How to apply for Sheetal Universal IPO through the Zerodha Application?
Open Zerodha Application ——–> At the Bottom Click on Orders ——–> Then at the Top Click on IPO ——–> Find Sheetal Universal IPO from the list ——–> Then Click Apply Button ——–> Select Investor Type(Individual) ——–> Enter Your UPI ID ——–> Select @ Extension ——–> Click on Cut-Off Price Box ——–> Enter Quantity ——–>Tick Check Box Of Terms and Conditions ——–> Drag Submit IPO Button On Right Side ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for Sheetal Universal IPO through the Upstox Application?
Open Upstox Application ——–> At the Bottom Click on Invest ——–> Then Click On “View ongoing IPO” ——–> Find Sheetal Universal IPO from the list ——–> Then Click Apply Button ——–> Enter Your UPI ID ——–> Select Investor Type ——–> Enter the Number of Lots to Purchase ( ENTER 1) ——–> Click on Cut-Off Price Box ——–>Tick Check Box Of Terms and Conditions ——–> Click on Continue ——–> Click on Confirm And Apply ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for Sheetal Universal IPO through Angel One Application?
Open Angel One Application ——–> At the Bottom Click on Home ——–> Click on IPO Button ——–> Find Sheetal Universal IPO from the list ——–> Click on Sheetal Universal IPO Name ——–> Click on Apply Now ——> Enter Lot (1) ——–> Select Investor Type ——–> Enter UPI ID ——–> Click on “Apply For IPO” —>Click On Proceed ——–> Accept IPO Mandate Received in Your UPI Application.
Who is the Lead Manager of the Sheetal Universal?
Beeline Capital Advisors Private Limited is the Lead Manager of Sheetal Universal.
Where To Check the Allotment of Sheetal Universal IPO?
The allotment status for the Sheetal Universal IPO will be accessible on the Bigshare Services Private Limited Website.
Sheetal Universal IPO is going to be listed at?
Sheetal Universal IPO is going to be listed at NSE SME.
What is the Lot Size of the Sheetal Universal IPO?
The lot size of the Sheetal Universal IPO is 2000 Shares.
What is the EPS of the Sheetal Universal IPO?
The EPS of the Sheetal Universal is 2.56 Rupees.
What is the P/E Ratio of the Sheetal Universal IPO?
The P/E Ratio of the Sheetal Universal is 27.34.
What is the ROE of the Sheetal Universal IPO?
The ROE of Sheetal Universal is 36.17%.
What is the ROCE of the Sheetal Universal IPO?
The ROCE of the Sheetal Universal is 21.59%.
