Shreeji Global FMCG IPO to Debut on November 4; ₹85-Crore Issue Fixed at ₹120-₹125 per Share

Rajkot, October 24, 2025 – Shreeji Global FMCG Limited, an agri-processing and spice company from Rajkot, will open its ₹85-crore initial public offering (IPO) on November 4, 2025, with the subscription period ending on November 7, 2025. The shares will get listed on the NSE Emerge platform on November 12, 2025. The issue is priced in a band of ₹120–₹125 per equity share with a lot size of 1,000 shares, meaning a minimum retail lot value of ₹1,25,000.

Shreeji Global FMCG IPO Timeline

The IPO will open on November 4, 2025, and will close on November 7, 2025. The allotment is anticipated on November 10, refunds and credits to the investor’s Demat accounts on November 11, and the listing on the NSE Emerge platform on November 12, 2025.

Shreeji Global FMCG IPO Aims and Proceeds Utilisation

As per the Red Herring Prospectus, Shreeji Global FMCG plans to utilise the net proceeds of the IPO mainly for setting up factory buildings, purchasing machinery and cold storage facilities, commissioning internal use solar power plants, and meeting working capital needs. The rest will be applied for general corporate purposes to facilitate the company’s growth strategy and operational effectiveness.

Overview of the Company

Established in 2018, Shreeji Global FMCG Limited processes and produces spices, seeds, grains, pulses, and flour under its own brand name “SHETHJI” as well as private brands. Based at Rajkot, the group has two state-of-the-art processing units and procures raw materials from Agricultural Produce Market Committees (APMCs). The company also imports a few agri-commodities and intends to foray into blended spice and multigrain flour categories. Its consolidated supply chain includes cleaning, grading, sorting, grinding, and packaging to maintain quality consistency in domestic and export markets.

Shreeji Global FMCG Financial Performance

The firm has seen strong growth in the last three years. Operating revenue went up from ₹46,728.56 lakh in FY23 to ₹64,892.15 lakh in FY25. PAT improved from ₹205.23 lakh in FY23 to ₹1,215.13 lakh in FY25, led by increased exports and enhanced capacity utilization. EBITDA margins also bettered to 3.13% in FY25, while return on equity improved to 51.74%, indicating strong operating performance and effective deployment of capital.

Shreeji Global FMCG Promoters and Shareholding

The promoter and promoter group, which includes Jitendra Kakkad (Managing Director), Vivek Kakkad (Whole-time Director), Tulshidas Kakkad (Promoter), and Dhruti Kakkad (Non-Executive Director), together possess 99.99% of the pre-issue equity capital. After listing, public shareholding is likely to be around 29.88%.

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