Sheetal Universal Limited was incorporated in 2015. It is engaged in the business of agricultural commodities like spice, sesame seeds, grains, and some other agricultural products. They provide their products to the manufacturers of cakes, chocolates, biscuits, peanut butter, and some other food products.
Its manufacturing and processing unit is located at Jamnagar Gujarat with a very wide area. Sheetal Universal is a member of the Indian Oil Seeds and Produce Export Promotion Council and the Agricultural and Processed Food Products Export Development Authority.
Sheetal Universal Limited has two subsidiaries: Svar Industries Private Limited and another one is Saumesvar International Private Limited. They process and export their agricultural commodities.
They have global clients from Algeria, Iran, Egypt, Israel, Turkey, UAE, Vietnam, Malaysia, Indonesia, and Russia. They all sales are in offline mode and the main client is based on the B2B segment. The company has a total of 19 employees as of 31st July, 2023. Mr. Hiren Vallabhbhai Patel and Mrs. Kajal Hiren Patel are the promoters of Sheetal Universal.
They came up with an SME IPO between 4 December 2023 to 5 December 2023. The Sheetal Universal Issue Price is 70 rs per share and the Minimum bid lot size is 2000 shares with 1,40,000 INR. Retail Allocation is 50% and listing on NSE SME. The allotment of it is expected to be finalized on 7 December 2023. The listing date of Sheetal Universal will be 11 December 2023 on NSE SME.
0 Comments