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Shivashrit Foods SME IPO

Shivashrit Foods came to market through an SME IPO that opened on 22 August 2025 and closed on 26 August 2025, and the shares listed on 1 September 2025 on NSE SME. The price band was ₹135 to ₹142 per share and one lot was 1000 shares, so the minimum application was ₹1,42,000. The issue size was ₹70.03 crore. It combined a fresh issue of new shares with an offer for sale by existing shareholders. Maashitla Securities Pvt.

Ltd was the registrar to the issue, and Mark Corporate Advisors Pvt. Ltd was the lead manager.

Issue details

Issue type
Book Built Issue
Price band
₹135 to ₹142
Lot size
1000 shares
Minimum investment
₹1,42,000
Face value
₹10 per share
Issue size
₹70.03 crore
Fresh issue
40,68,000 shares (aggregating up to ₹57.77 crore)
Offer for sale
6,16,000 shares (aggregating up to ₹8.75 crore)
Listing at
NSE SME
Registrar
Maashitla Securities Pvt. Ltd
Lead managers
Mark Corporate Advisors Pvt. Ltd

Timeline

Opens
22 August 2025
Closes
26 August 2025
Allotment
28 August 2025
Listing
1 September 2025

Subscription status by day

Day
1
2
3

About Shivashrit Foods

Included in August 2017, Shivashrit Foods Limited produces, sells, and exports potato flakes. The Company operates a potato processing plant in Aligarh, Uttar Pradesh, for the production of potato flakes.The company produces high-quality potato flakes for ready-to-eat food, snacks, and processed food. Our offerings serve global and Indian food producers with consistent quality and long shelf life.The Aligarh, Uttar Pradesh manufacturing unit of the company is certified by FSSAI, ISO 22000:2018, HALAL, BRCGS of Intertek (UKAS certified), and USFDA.

The company sells its products under three brand names like Shivashrit, Shreeaahar and Flaker s'.The company markets its products in Madhya Pradesh, Uttarakhand, Maharashtra, Punjab, Gujarat, Haryana, Delhi, Rajasthan, Uttar Pradesh, West Bengal and Bihar.The organization also ships its products to Argentina, Brazil, Chile, Dubai, Indonesia, Israel, Kuwait, Lebanon, Malaysia, Mexico, Turkey, Uruguay, USA, Kosovo and Bangladesh.

As described in the offer document.

Objects of the issue

  • Capital Expenditure (Expansion Project)
  • Working Capital Requirement for Expansion Project
  • General Corporate Purpose

Financials (₹ crore)

Metric31-Mar-25

Promoters

Mr. Prashant Singhal, Mr. Nishant Singhal, Mrs. Sunita Singhal, Mr. Ramesh Chand Singhal.

Application sizes

Individual (min)
2 lots, 2000 shares, ₹2,84,000
Individual(max)
2 lots, 2000 shares, ₹2,84,000
NII (min)
3 lots, 3000 shares, ₹4,26,000

Valuation

EPS Pre IPO
₹8.64
EPS Post IPO
₹6.60
P/E Pre IPO
16.44
P/E Post IPO
21.52
ROE
42%
ROCE
42.73%
RoNW
34.85%
PAT Margin
11.51%
Debt/Equity
1.39
Price/Book
1.91

Registrar and allotment status

Registrar
Maashitla Securities Pvt. Ltd
Allotment status
https://maashitla.com/allotment-status/public-issues
Phone
+91-11-45121795-96
Email
Investor.ipo@maashitla.com

Work out the listing gain for this SME IPO

How allotment works

If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.

The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.

Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.

What happens on listing day

Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.

For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.

Questions about the Shivashrit Foods SME IPO

What is Shivashrit Foods IPO?

Shivashrit Foods IPO was a ₹70.03 crore book-built issue, comprising a fresh issue of ₹57.77 crore and an offer for sale of ₹8.75 crore. It was priced at ₹135–₹142 per share with a lot size of 1,000 shares; the minimum retail application was 2,000 shares (₹2,84,000). The IPO was open from August 22 to August 26, 2025 and was subscribed 2.96x.

Shares listed on NSE SME on September 1, 2025 at ₹148.50, a 4.6% premium to the issue price of ₹142. Maashitla Securities Pvt. Ltd is the registrar. Mark Corporate Advisors Pvt. Ltd is the book running lead manager.

What is the price band of Shivashrit Foods IPO?

The price band of Shivashrit Foods IPO is ₹135 to ₹142 per share.

What is the lot size of Shivashrit Foods IPO?

The lot size of Shivashrit Foods IPO is 1000 shares.

What is the minimum investment for Shivashrit Foods IPO?

The minimum investment for Shivashrit Foods IPO is approximately ₹2,84,000 based on the upper price band.

What is the allotment date of Shivashrit Foods IPO?

The allotment date of Shivashrit Foods IPO is Aug 28, 2025.

How to check Shivashrit Foods IPO allotment status?

You can check Shivashrit Foods IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Shivashrit Foods IPO allotment status on Rupix for quick and easy access.

What was the price band of the Shivashrit Foods SME IPO?

₹135 to ₹142 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.

What was the lot size of the Shivashrit Foods SME IPO?

One lot was 1000 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,42,000. After listing, SME shares also trade in lots rather than one share at a time.

What was the minimum investment in the Shivashrit Foods SME IPO?

₹1,42,000, for one lot of 1000 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.

When did the Shivashrit Foods SME IPO open and close?

It opened on 22 August 2025 and closed on 26 August 2025.

When was the allotment of the Shivashrit Foods SME IPO?

The basis of allotment was published on 28 August 2025 by Maashitla Securities Pvt. Ltd, and allotted shares were credited to demat accounts before listing.

When did Shivashrit Foods list on NSE SME?

The shares listed on 1 September 2025 on NSE SME.

How large was the Shivashrit Foods SME IPO?

The issue size was ₹70.03 crore. The fresh issue was 40,68,000 shares (aggregating up to ₹57.77 crore). The offer for sale was 6,16,000 shares (aggregating up to ₹8.75 crore).