Shivashrit Foods IPO
GMP, Subscription, Price, Dates & Financial Details
Consumer Food
Incorporated in August 2017, Shivashrit Foods Limited (SFL) is a prominent manufacturer, supplier, and exporter of premium-quality potato flakes. Operating from a fully automated processing facility in Aligarh, Uttar Pradesh, the company serves a broad spectrum of clients in the B2B and B2C…
Open Date
Fri, 22 Aug 2025
Close Date
Tue, 26 Aug 2025
Price Band
₹ 135 – 142
Lot Size
1000
Issue Size
₹ 70.03 Cr
Minimum Investment
₹ 284,000 (2000 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Shivashrit Foods IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹70.03 Crore, comprising a fresh issue of 40.68 Lakh equity shares aggregating to ₹57.77 Crore and an offer for sale (OFS) of 6.16 Lakh equity shares aggregating to ₹8.75 Crore by the existing shareholders.
The Shivashrit Foods IPO remained open for subscription from August 22, 2025, to August 26, 2025. The basis of allotment was finalized on August 28, 2025, and the company's shares were listed on NSE SME Platform on September 01, 2025.
The company had fixed the price band at ₹135 to ₹142 per share, with a lot size of 1000 shares. Retail investors were required to make a minimum investment of ₹284,000 (based on the upper price band) to apply for one lot.
Maashitla Securities Pvt. Limited served as the registrar to the issue. Mark Corporate Advisors Private Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Shivashrit Foods Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Shivashrit Foods IPO Timeline (Tentative)
- IPO Open Date
- Fri, 22 Aug 25
- IPO Close Date
- Tue, 26 Aug 25
- Basis of Allotment
- Thu, 28 Aug 25
- Initiation of Refunds
- Fri, 29 Aug 25
- Credit of Shares to Demat
- Fri, 29 Aug 25
- Listing Date
- Mon, 01 Sep 25 — NSE & BSE
Open Date
22 August 2025
Close Date
26 August 2025
Basis Of Allotment
28 August 2025
Listing Date
01 September 2025
IPO Subscription
Check Live Subscription →The Shivashrit Foods IPO has received bids for 97,26,000 shares against 32,81,000 shares offered, resulting in an overall subscription of 2.96x. the NII category is subscribed 5.51x, Retail Investors 2.65x, and QIBs 1.59x. Within the NII category, BNII is subscribed 6.91x, while SNII is subscribed 2.73x.
QIB
1.59x
NII
5.51x
BNII
6.91x
SNII
2.73x
RII
2.65x
Total
2.96x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 16,40,000 shares, representing 48.98% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 9,36,000 shares (28.53%), while Non-Institutional Investors (NIIs) receive 7,05,000 shares (21.49%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 936,000 | 28.53% |
| Non-Institutional | 705,000 | 21.49% |
| BNII | 470,000 | 14.32% |
| SNII | 235,000 | 7.16% |
| Retail Investors | 1,640,000 | 48.98% |
| Total | 3,281,000 | 100% |
Financials Details(₹ in Crores)
| Particular | 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 |
| Net Worth | 34.6 | 22.54 | 10.93 |
| Reserve & Surplus | 20.64 | 17.89 | 6.28 |
| Total Borrowings | 47.96 | 36.97 | 22.67 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Shivashrit Foods Limited KPI Information
| Particular | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE % | 42 | 69 | 15 |
| ROCE % | 42.73 | 44.89 | 12.02 |
| Debt / Equity | 1.39 | 1.64 | 2.07 |
| RoNW % | 34.85 | 51.52 | 13.87 |
| Pat Margin % | 11.51 | 15.24 | 3.34 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| 0 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
About Shivashrit Foods Limited
Incorporated in August 2017, Shivashrit Foods Limited (SFL) is a prominent manufacturer, supplier, and exporter of premium-quality potato flakes. Operating from a fully automated processing facility in Aligarh, Uttar Pradesh, the company serves a broad spectrum of clients in the B2B and B2C segments, both in India and globally.
Manufacturing Excellence:
Shivashrit’s production facility, strategically located in a major potato-growing region, began operations with a daily capacity of 14.4 metric tons, which was doubled to 28.8 metric tons in July 2023. The plant is equipped with modern equipment for washing, peeling, blanching, cooking, mashing, and drum-drying, and includes in-house testing laboratories to ensure consistent product quality.
The company holds multiple quality and safety certifications, including:
- FSSAI
- ISO 22000:2018
- HALAL
- BRCGS (certified by Intertek – UKAS)
- USFDA
Product Portfolio:
Shivashrit produces high-grade potato flakes used in ready-to-eat meals, snacks, and processed food applications. These flakes are designed for long shelf life and superior texture, meeting the requirements of food manufacturers worldwide.
The company markets its products under three brands:
- Shivashrit
- Shreeaahar
- Flaker’s
Market Presence:
Domestically, SFL distributes across multiple states, including Madhya Pradesh, Uttarakhand, Maharashtra, Punjab, Gujarat, Haryana, Delhi, Rajasthan, Uttar Pradesh, West Bengal, and Bihar.
Internationally, its export footprint spans Argentina, Brazil, Chile, Dubai, Indonesia, Israel, Kuwait, Lebanon, Malaysia, Mexico, Turkey, Uruguay, USA, Kosovo, and Bangladesh.
Business Model & Growth:
Shivashrit sources 80–90% of its raw potatoes directly from farmers within a 200 km radius during the peak harvest season (December–March), enabling quality control and supply stability. This direct procurement model fosters strong relationships with the farming community and aligns with sustainable sourcing practices.
In December 2024, the company expanded into the B2C segment, launching retail operations under the Shreeaahar brand through its official website (www.shreeaahar.com) and leading e-commerce platforms.
Workforce:
As of June 2025, Shivashrit Foods employed 68 professionals, supporting operations across production, quality, logistics, and marketing.
Competitive Strengths:
- Experienced promoters and leadership team
- Efficient supply chain and strong farmer network
- Advanced processing technology and certified quality systems
- Strategic location with access to raw materials and government food processing incentives
- Expanding presence in both domestic and international markets
Shivashrit Foods IPO Promoters
- Mr. Prashant Singhal
- Mr. Nishant Singhal
- Mrs. Sunita Singhal
- Mr. Ramesh Chand Singhal
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
73.00%
Shivashrit Foods IPO Objective
The Company Shivashrit Foods IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
- Capital Expenditure (“Expansion Project”)
- Working Capital Requirement for Expansion Project
- General Corporate Purpose
Shivashrit Foods Limited Address / Contact Details
Shivashrit Foods Limited
Gopal Ganj Sarai Lavaria ,
Aligarh, Uttar Pradesh, 202001
Phone: +91 571 3500346
Email: cs@shivashrit.com
Website: http://www.shivashritfoods.com/
IPO Snapshot
Shivashrit Foods IPO Lot Size
The Shivashrit Foods IPO has a lot size of 1,000 shares. Retail investors require a minimum investment of ₹2,84,000 by applying for 2 lot (2,000 shares). The maximum application allowed for the retail category is 2 lots (2,000 shares), requiring an investment of ₹2,84,000.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | 284,000.00 |
| Retail (Max) | 2 | 2,000 | 284,000.00 |
| S-HNI (Min) | 3 | 3,000 | 426,000.00 |
| S-HNI (Max) | 7 | 7,000 | 994,000.00 |
| B-HNI (Min) | 8 | 8,000 | 1,136,000.00 |
Issue Reservation
- QIB — 28.53%
- NII — 21.49%
- RII — 48.98%
Book Running Lead Managers
- Mark Corporate Advisors Private Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Shivashrit Foods IPO?
Shivashrit Foods IPO is a Book-building IPO with a total issue size of ₹70.03 crore. The Shivashrit Foods IPO price band is ₹135 to 142 per share. The Shivashrit Foods IPO subscription opens on Fri, Aug 22, 2025, and closes on Tue, Aug 26, 2025. The Shivashrit Foods IPO will be listed on the NSE. Maashitla Securities Pvt. Limited is the registrar for the Shivashrit Foods IPO.
When will the Shivashrit Foods IPO open for subscription?
The Shivashrit Foods IPO opens on Fri, Aug 22, 2025 and closes on Tue, Aug 26, 2025
What is Shivashrit Foods IPO Price Band?
Shivashrit Foods IPO Price Band is ₹135 to 142 per share.
What is Shivashrit Foods IPO Lot Size?
Shivashrit Foods IPO lot size is 1000 shares, Retail investors need a minimum investment of ₹284000 based on the upper price band
What is the minimum investment for Shivashrit Foods IPO?
The minimum investment for Shivashrit Foods IPO is ₹284000, based on one lot of 1000 shares at the upper price band of ₹142 per share.
How to apply for Shivashrit Foods IPO?
Investors can apply for the Shivashrit Foods IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Aug 26, 2025. The application amount remains blocked until the Shivashrit Foods IPO allotment is finalized.
What is Shivashrit Foods IPO Issue Size?
Shivashrit Foods IPO issue size is ₹70.03 crores.
What is the Shivashrit Foods IPO Allotment Date?
Shivashrit Foods IPO allotment date is Thu, Aug 28, 2025.
Who is the Shivashrit Foods IPO Registrar?
The registrar for Shivashrit Foods IPO is Maashitla Securities Pvt. Limited. Investors can go to Maashitla Securities Pvt. Limited website to check Shivashrit Foods IPO allotment status, refund processing, and other IPO-related information.
What is the Shivashrit Foods IPO GMP?
The Shivashrit Foods IPO GMP (Grey Market Premium) is ₹1 as of Mon, Sep 1, 2025. Based on the upper price band of ₹142 per share, the estimated Shivashrit Foods IPO listing price is ₹143, indicating a potential listing gain of approximately 0.70% over the issue price.
Who is the Shivashrit Foods IPO Lead Manager?
The book-running lead managers (BRLMs) for the Shivashrit Foods IPO are Mark Corporate Advisors Private Limited . The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Shivashrit Foods IPO Red Herring Prospectus (RHP).