Shivashrit Foods IPO

Incorporated in August 2017, Shivashrit Foods Limited manufactures, supplies, and exports premium potato flakes from its processing facility in Aligarh, Uttar Pradesh. The company produces high-quality flakes for ready-to-eat meals, snacks, and processed foods, catering to both domestic and international food manufacturers while ensuring consistent quality and long shelf life. Its Aligarh unit is certified by FSSAI, ISO 22000:2018, HALAL, BRCGS, and USFDA. The products are marketed under the brands “Shivashrit,” “Shreeaahar,” and “Flaker’s” and sold across India and exported to multiple countries worldwide.

Shivashrit Foods Limited IPO Overview

The Shivashrit Foods IPO is a book-built issue worth ₹70.03 crores, comprising a fresh issue of 0.43 crore shares aggregating to ₹61.29 crores and an offer for sale of 0.06 crore shares totaling ₹8.75 crores. The IPO opens for subscription on 22 August 2025 and closes on 26 August 2025, with allotment expected to be finalized on 28 August 2025. The shares are set to list on the NSE SME platform, with a tentative listing date of 1 September 2025. The price band for the IPO is fixed between ₹135 and ₹142 per share, and the lot size for application is 1,000 shares. Retail investors must invest a minimum of ₹2,70,000 (2,000 shares), while high net-worth individuals (HNIs) have a minimum lot size of 3 lots (3,000 shares), amounting to ₹4,26,000. Mark Corporate Advisors Pvt. Ltd. is the book running lead manager, Maashitla Securities Pvt. Ltd. is the registrar, and Asnani Stock Broker Pvt. Ltd. serves as the market maker for the issue.

Shivashrit Foods Limited IPO Details

Particulars	Details
IPO Date	22 August 2025 to 26 August 2025
Listing Date	1 September 2025
Face Value	₹10 per share
Issue Price Band	₹135 to ₹142 per share
Lot Size	1,000 Shares
Total Issue Size	49,32,000 shares (aggregating up to ₹70.03 Cr)
Fresh Issue	40,68,000 shares (aggregating up to ₹61.29 Cr)
Offer for Sale	6,16,000 shares (aggregating up to ₹8.75 Cr)
Issue Type	Bookbuilding IPO
Listing At	NSE SME
Share Holding Pre Issue	1,39,53,000 shares
Share Holding Post Issue	1,82,69,000 shares
Market Maker Portion	2,48,000 shares

Shivashrit Foods Limited IPO Reservation

Investor Category	Shares Offered
QIB	Not more than 50% of the Net Issue
Retail	Not less than 35% of the Net Issue
NII (HNI)	Not less than 15% of the Net Issue

Shivashrit Foods IPO Lot Size

Application	Lots	Shares	Amount
Retail (Min)	2	2,000	₹2,84,000
Retail (Max)	2	2,000	₹2,84,000
HNI (Min)	3	3,000	₹4,26,000
HNI (Max)	7	7,000	₹9,94,000

Shivashrit Foods IPO Promoter Holding

Shareholding Status	Percentage
Pre-Issue	100.00%
Post-Issue	To be calculated after equity dilution

Shivashrit Foods IPO Valuation Overview

KPI	Value
Earnings Per Share (EPS)	Pre-IPO: ₹8.64; Post-IPO: ₹6.60
Price/Earnings (P/E) Ratio	Pre-IPO: 16.44; Post-IPO: 21.52
Return on Net Worth (RoNW)	34.85%
Return on Equity (ROE)	42%
Return on Capital Employed (ROCE)	42.73%
EBITDA Margin	22.06%
PAT Margin	11.51%
Debt to Equity Ratio	1.39

Objectives of the Proceeds

• Expansion project capital expenditure: ₹26.3 Crore.

• Working capital for expansion project: ₹19.0 Crore.

• General corporate purposes: Remaining proceeds.

Key Financials (₹ Crore)

Particulars	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets	108.78	83.07	48.48
Revenue	105.85	77.55	45.61
Profit After Tax	12.06	11.61	1.52
Reserves and Surplus	20.64	17.89	6.28
Total Borrowings	47.96	36.97	22.67