Sheetal Universal Limited

About the company

## **About  Sheetal Universal Limited** ### Incorporated in 2015, Sheetal Universal Limited object is engaged in the business of Sourcing, processing and supply in agriculture commodities like peanut, sesame seeds, spice and grains to cater the manufacturer of peanut butter, biscuits, cakes, chocolate and food products. Within a short span, they were recognized as Category One Star Export House Exporter by the Ministry of Commerce and Industry due to their performance in exports later on in May 2023.The company was categorised as Two Star Export House Our owned manufacturing & processing facility. ### Their good rapport with sourcing agents & traders of various states in India helps them to source quality seeds directly from the producer & farmers, thereby they offer quality food ingredients at competitive prices. Their Company has two subsidiaries Saumesvar International Private Limited and Svar Industries Private Limited. Their subsidiaries are processor, exporter of Agri Commodities like oil seed, grains etc. The company has started processing of sesame seeds and spices and added high tech machinery for cleaning, destoning, gravity separator, colour sorting. ### The Company supplies products to the Russian Federation, Indonesia, Malaysia, Vietnam, UAE, Iran, Algeria, Israel, Turkey, Egypt. Their manufacturing unit at Jamnagar, Gujarat certified from Government of India with FSSAI-2006 and obtained other certification & approval needed for processing & sale of products in India as well as in the international market. The Company’s motto is to provide quality products while maintaining safe & hygienic environmental operational conditions. The company is recognized as a leading processor and exporter of a diverse range of spices, peanut, sesame seeds and pulses, and other agro products. Since inception they have been dedicated to procure, process & supply high quality food ingredients from India. Over the years, they have established a regular customer base in various countries. ### Sheetal Universal Limited  is set to debut its initial public offering (IPO). The proceeds generated from the Fresh Issue will be allocated towards the following objectives 1. Funding capital expenditure 2. Working Capital Requirement 3. General Corporate Purpose 4. To meet Public Issue Expenses Here are key details about the Sheetal Universal Limited IPO: Company Name| **Sheetal Universal Limited Limited**|  | Sheetal Universal Limited IPO Opening Date| **December 4, 2023** ---|---|---|---|--- Company Established On|**2015**Sheetal Universal Limited IPO Price band|**₹70 per share**

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   04 Dec 2023

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   06 Dec 2023

   Last day to place your bid

3. Basis of Allotment

   Completed
   06 Dec 2023

   Share allotment finalised

4. Refund Initiation

   Completed
   08 Dec 2023

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   07 Dec 2023

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   11 Dec 2023

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.