Shreeji Global FMCG IPO
smelistedAbout the company
Shreeji Global FMCG Limited is engaged in the manufacturing and processing of ground & whole spices, seeds, grains & pulses and flour, marketed under its brand name “SHETHJI” and under white label (customers logo). Its product line includes channa, cumin seeds, coriander seeds, sesame seeds, groundnut and more. Wholeseeds contributed 85.54% of revenue, groundspices 11.91%, Atta(flours) 2.43% and other grains and products 0.12% of revenue as of August 2025. Domestic sales contributed 89.11%, dominated by Gujarat which accounted for 74.51% of sales and exports formed 10.89% of revenue, led by UAE, contributing 50.92% as of August 31,2025. The company has an installed capacity of 91,200 MT for whole seeds with 70% capacity utilisation and operate two branch offices within key Agricultural Produce Market Committees (APMCs) in Rajkot and Gondal.
GMP trend (Grey Market Premium by date)
| Date | GMP (₹) | Est. Listing | Change |
|---|---|---|---|
| 24 Jul | ₹16 | ₹141 | 0 |
| 23 Jul | ₹16 | ₹141 | 0 |
| 22 Jul | ₹16 | ₹141 | +1 |
| 21 Jul | ₹15 | ₹140 | +2 |
| 20 Jul | ₹13 | ₹138 | +2 |
| 19 Jul | ₹11 | ₹136 | -8 |
| 18 Jul | ₹19 | ₹144 | 0 |
| 17 Jul | ₹19 | ₹144 | 0 |
Strengths
- Well-established \"Mala Saree\" brand with a strong presence in the women's ethnic wear segment.
- Extensive nationwide distribution network serving over 3,000 retailers across India.
- Experienced promoters with deep industry knowledge and long-standing customer relationships.
- Diversified customer and supplier base, reducing dependence on a single market participant.
- Wide product portfolio catering to women's apparel, enabling better market reach.
- Ability to procure products in bulk, supporting competitive pricing and inventory management.
Risks
- Business is highly concentrated in the women's saree segment , making it vulnerable to changing fashion trends and consumer preferences.
- Heavy reliance on the \"Mala Saree\" brand; any decline in brand recognition could affect sales and profitability.
- Significant dependence on third-party manufacturers for production, exposing the company to supply disruptions and quality risks.
- Operates in a highly competitive textile and apparel industry with pressure on pricing and margins.
- SME listing may lead to relatively lower liquidity and higher share price volatility after listing.
Financial performance (₹ Cr)
Subscription breakup (final, times)
IPO Roadmap / Timeline
IPO Opens
Completed04 Nov 2025Bidding starts for all investor categories
IPO Closes
Completed07 Nov 2025Last day to place your bid
Basis of Allotment
Completed10 Nov 2025Share allotment finalised
Refund Initiation
Completed11 Nov 2025Refunds credited for non-allottees
Credit to Demat
Completed11 Nov 2025Allotted shares credited to demat account
Listing on Exchange
Completed12 Nov 2025Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
Lot size & minimum investment
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail / Individual | 1 | 1000 | ₹125,000 | 1 | ₹125,000 | 1 lot only |
| HNI | 2 | 2000 | ₹250,000 | 2 | ₹250,000 | Min 2 lots |
Shares reserved per category & allotment probability
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 3,469,388 | 42.5 | 0 | 0.00x | 100% |
| NII | 15% | 1,040,816 | 12.75 | 0 | 0.00x | 100% |
| Retail | 35% | 2,428,572 | 29.75 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).
