| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹70.03 Cr |
| Reserved for Market Maker | ₹3.52 Cr |
| Net Issue Size | ₹70.03 Cr |
| Fresh Issue | ₹57.77 Cr |
| Offer for Sale | ₹8.75 Cr |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹135.00-142.00 per share |
| NSE Code | SHIVASHRIT |
| Registrar | Maashitla Securities Pvt.Ltd. |
| Lead Managers | Mark Corporate Advisors Pvt.Ltd. |
| Allotment Status |
| DRHP |
| RHP |
| Final Prospectus |
| Anchor List |
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Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 2,000 shares · Multiples of 1,000 shares
Incorporated in August 2017, Shivashrit Foods Limited manufactures, supplies, and exports potato flakes.
The Company has a potato processing facility in Aligarh, Uttar Pradesh, for producing potato flakes.
The company manufactures premium potato flakes for ready-to-eat meals, snacks, and processed foods. Our portfolio caters to global and domestic food manufacturers, ensuring consistent quality and long shelf life.
The company's manufacturing unit in Aligarh, Uttar Pradesh is certified by FSSAI, ISO 22000:2018, HALAL, BRCGS from Intertek (UKAS certified), and USFDA.
The company markets its products under three brand names such as "Shivashrit," Shreeaahar" and "Flaker’s".
The company sells its products in Madhya Pradesh, Uttarakhand, Maharashtra, Punjab, Gujarat, Haryana, Delhi, Rajasthan, Uttar Pradesh, West Bengal and Bihar.
The company also exports its products to Argentina, Brazil, Chile, Dubai, Indonesia, Israel, Kuwait, Lebanon, Malaysia, Mexico, Turkey, Uruguay, USA, Kosovo and Bangladesh.
Competitive Strength:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital Expenditure (Expansion Project) | 26.30 |
| 2 | Working Capital Requirement for Expansion Project | 19.00 |
| 3 | General Corporate Purposes | 9.19 |
| 4 | Issue Expenses | 7.78 |
| Total | 62.26 |
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 108.78 | 83.07 | 48.48 |
| Total Income | 105.85 | 77.55 | 45.61 |
| Profit After Tax | 12.06 | 11.61 | 1.52 |
| EBITDA | 23.10 | 19.87 | 4.95 |
| NET Worth | 34.60 | 22.54 | 10.93 |
| Reserves and Surplus | 20.64 | 17.89 | 6.28 |
| Total Borrowing | 47.96 | 36.97 | 22.67 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 42% |
| ROCE | 42.73% |
| Debt / Equity | 1.39% |
| RoNW | 34.85% |
| PAT Margin | 11.51% |
| EBITDA Margin | 22.06% |
| Price to Book Value | 1.91 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 8.64 | 6.60 |
| P/E (x) | 16.44 | 21.52 |
| Promoter Holding | 100% | 73.01% |
| Market Cap | ₹259.42 Cr. | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to the Book Running Lead Manager | 0.30 |
| 2 | Underwriting Fees | 3.51 |
| 3 | Market Maker Fees | 0.09 |
| 4 | Brokerage, selling commission and upload fees | 0.06 |
| 5 | Fees payable to Registrar to Offer | 0.05 |
| 6 | Fees payable to Legal Advisor | 0.14 |
| 7 | Statutory Advertisement Expenses | 0.08 |
| 8 | Printing, advertising and marketing & promotion expenses | 2.57 |
| 9 | Payment to Sponsor Bank | 0.05 |
| 10 | Regulators including stock exchanges | 0.06 |
| 11 | Fees to Auditor for Basis of Allotment | 0.01 |
| 12 | Fees to Monitoring Agency | 0.06 |
| 13 | Others (including the Peer Review Auditors, Depositories fees and charges, ROC fees, Stamp duty, PCS fees, Fees of Chartered Engineers, and other misc. expenses of professionals as above mentioned etc.) | 0.80 |
Last Updated on 16-Jun-2026 18:10:14