Shivashrit Foods

Shivashrit Foods Limited - IPO

SME

Shivashrit Foods IPO Details

Open Date
22 Aug 2025
Close Date
26 Aug 2025
Listing Date
01 Sep 2025
Issue Price
₹135 - ₹142
Face Value
₹10 per share
Lot Size
1000
GMP
₹13 (9.2%)
Issue Type
IPO
Listing On
NSE
Type
Book Built Issue
Share holding pre issue
13953000
Share holding post issue
18269000
Total Issue Size
49,32,000 shares (aggregating up to ₹70.03 Cr)
Fresh Issue
43,16,000 shares (aggregating up to ₹61.29 Cr)
Offer for Sale
6,16,000 shares (aggregating up to ₹8.75 Cr)

Shivashrit Foods IPO Subscription

Shivashrit Foods IPO Application Wise Breakup

Shivashrit Foods IPO Dates

  • 22 Aug 2025
    Opening dateOPD
  • 26 Aug 2025
    Closing dateCOD
  • 28 Aug 2025
    Basis of AllotmentBOA
  • 29 Aug 2025
    Initiation of RefundsIOR
  • 29 Aug 2025
    Credit of SharesCOS
  • 01 Sep 2025
    Listing dateLID

Shivashrit Foods IPO Lot Size

ApplicationLotsSharesAmount
Individual Minimum22000₹284,000
Individual Maximum22000₹284,000
SHNI Minimum33000₹426,000
SHNI Maximum77000₹994,000
BHNI Minimum88000₹1,136,000

Shivashrit Foods IPO Reservation

Promoter Holding

Pre Issue:100.00%
Post Issue:73%
Promoter Names:
Mr. Prashant Singhal, Mr. Nishant Singhal, Mrs. Sunita Singhal, Mr. Ramesh Chand Singhal

Shivashrit Foods IPO Valuations

ROE:42%
ROCE:42.73%
DEBT/EQUITY:1.39
RONW:34.85%
PAT MARGIN:11.51%
PRICE TO BOOK VALUE:1.91
EPS Pre IPO:8.64
EPS Post IPO:6.60
P/E Pre IPO:16.44
P/E Post IPO:21.52

Shivashrit Foods Limited Financial Information

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets108.7883.0748.48
Total Income105.8577.5545.61
Profit After Tax12.0611.611.52
EBITDA23.1019.874.95
Net Worth34.6022.5410.93
Reserves and Surplus20.6417.896.28
Total Borrowing47.9636.9722.67
Amount in ₹ Crore

About Shivashrit Foods IPO

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.

 

Strength Of Shivashrit Foods IPO

1. Experienced Promoters and Management Team.

2. Support of efficient supply-chain enable us to have long-standing and deep customer relationships.

3. Manufacturing Facility.

4. Strategic location for potato procurement process and storage. We have also accrued benefits from the Central and State government policies, incentives and subsidies for setting up a food processing unit in Aligarh.

Risk Of Shivashrit Foods IPO

1. We derive a significant portion of our revenue from operations from domestic sales which exposes us to risks specific to Indian geographies and market.

2. Our Company derive revenue from diversified customers. Our inability to acquire new customers or loss of all or a substantial portion to any of our major customers, for any reason and/or continued reduction of the business from them, could have a material adverse impact on our business, results of operations, cash flows and financial condition.

3. Our Company is dependent on limited number of suppliers for supply of raw materials and we have not made any long-term supply arrangement or agreement with our suppliers. In an eventuality where our suppliers are unable to deliver us the required materials, at a competitive price, in a time-bound manner it may have a material adverse effect on our business operations and profitability. The majority of our raw materials are sourced from few key suppliers. Discontinuation of the operations of such suppliers may adversely affect our ability to source raw materials at a competitive price.

4. Any increase in the cost of our raw material or a shortfall in the supply of our raw materials, may adversely affect the pricing and supply of our products and have an adverse effect on our business, results of operations and financial condition.

5. Inadequate storage conditions of raw materials may compromise product integrity and affect business operations and financial conditions.

6. Our inability to procure and/or maintain adequate insurance cover in connection with our business may adversely affect our results of operations, cash flows and financial condition.

7. Our factories are subject to operating risks. Any shutdown of our existing factories or other production problems caused by unforeseen events may reduce sales and adversely affect our business, cash flows, results of operations and financial condition.

8. Our Company reported negative cash flow from its operating activity in financial year 2023. Sustained negative cash flow could adversely impact our business, financial condition and results of operations.

9. There have been some instances of delay and discrepancies with respect to filing of certain forms with the Registrar of Companies in the past, which may be subject to regulatory actions and penalties.

10. Shortage or unavailability of electricity and fuel could affect our manufacturing operations and may have an adverse effect on our business, results of operations and financial condition.

Objectives Shivashrit Foods IPO

1. Capital Expenditure (“Expansion Project”)

2. Working Capital Requirement for Expansion Project

3. General Corporate Purpose

Company Contact Details

Shivashrit Foods Ltd.
Gopal Ganj
Sarai Lavaria ,
Aligarh, Uttar Pradesh, 202001
Phone: +91 571 3500346
Email: cs@shivashrit.com
Website: http://www.shivashritfoods.com/

Registrar Contact Details

Name: Maashitla Securities Private Limited
Phone: +91-11-45121795, +91-11-45121796

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