Sheetal Universal IPO Details: This IPO will make you rich, know the complete details!

Sheetal Universal IPO

Sheetal Universal IPO

In order to invest their money in IPOs, stock market investors frequently continue to learn about IPOs of newly established businesses. You will read about the IPO of a new company today if you are an investor in the stock market and you are always searching for upcoming IPOs.

We will tell you about the Sheetal Universal IPO in this article today. You will read all the details about this IPO and when it will be listed on the stock market.

Universal Sheetal The company was founded in 2015, and its primary task is to turn agricultural products like peanuts, grains, spices, and other items into edible goods. This company produces cakes, chocolates, peanut butter, biscuits, and other food products. Now, let’s discuss the Sheetal Universal IPO.

Sheetal Universal IPO Details

In terms of Sheetal Universal’s initial public offering (IPO) details, the investment window will open on December 4, 2023, and close on December 6, 2023.

A minimum lot of 2000 shares must be purchased in order to participate in this IPO, with reports indicating that the share price may be as high as Rs 70 per share. which will require an investment of about Rs 1,40,000.

Following the IPO, on December 11, 2023, the company’s shares will be listed on the NSE and BSE markets, where they will also be available for purchase.

Parameter Details

Issue Type Fixed Price Issue
Issue Size Rs 23.80 crores
Fresh Issue 34 lakh shares
IPO Opening Date December 4, 2023
IPO Closing Date December 6, 2023
Allotment Date Expected on December 7, 2023
Listing Date Tentatively scheduled for December 11, 2023
Listing Exchange NSE SME
IPO Price ₹70 per share
Minimum Lot Size 2000 shares
Minimum Investment (Retail) ₹140,000
Minimum Investment (HNI) 2 lots (4,000 shares) amounting to ₹280,000

Sheetal Universal IPO

Sheetal Universal IPO financial report

The financial reports from Sheetal Universal look something like this now. We have discussed this company’s entire financial report below.

Year Revenue (₹ in Crores) Expense (₹ in Crores) Profit After Tax (PAT) (₹ in Crores)
2021 ₹38.84 ₹38.52 ₹0.25
2022 ₹39.84 ₹39.42 ₹0.28
2023 ₹131.66 ₹128.88 ₹1.99

How to invest in IPO?

If you are unfamiliar with investing in initial public offerings (IPOs), allow us to inform you that in order to participate in the stock market, you must first open a demat account, which you can do online these days. With the help of reputable stock brokers like Zerodha and Upstox, you can quickly open an online demat account.

You must now open your stock broker application after opening the demat account. There, you will see the option for an initial public offering (IPO). From there, investing in any open initial public offering (IPO) is simple.

You can use the comment box below to ask us any questions you may have about this.

We hope that this article has provided you with some information about sheetal universal ipo. If so, kindly share it with your friends so that they can learn more about this topic as well. Please visit our finance page to read more articles about the stock market.

Note: Investing in the stock market can be risky; you should definitely speak with a close friend or relative before making any decisions. The sole purpose of this article is to enlighten you.

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