Sanjeevani Agrofoods IPO Details

Bookbuilding IPO | ₹[.] Cr | Listing at BSE SME |

Sanjeevani Agrofoods IPO Logo
The exchange has approved the Initial Public Offer (IPO) of Sanjeevani Agrofoods Ltd. on May 6, 2025. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The exchange approval is valid for 12 months.

Sanjeevani Agrofoods Ltd. IPO is a Book Build Issue

The equity shares are proposed to be listed on the BSE SME. Share India Capital Services Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Sanjeevani Agrofoods IPO DRHP for more details.

IPO Details

IPO Date[.]
Listing Date[.]
Face Value10 per share
Price Band
Lot Size
Sale TypeFresh capital cum OFS
Issue TypeBookbuilding IPO
Listing AtBSE SME

IPO DRHP Status

DescriptionDate
Filed with SEBI/ExchangeMon, Sep 30, 2024
SEBI/Exchange approval receivedTue, May 6, 2025

Issue Reservation

Investor Category Shares Offered
QIB Shares Offered Not more than 50% of the Net Offer
Retail Shares Offered Not less than 35% of the Net Offer
NII Shares OfferedNot less than 15% of the Net Offer

About Sanjeevani Agrofoods Ltd.

Incorporated in 2008, Sanjeevani Agrofoods Limited is enanged in the business of organic food production.

The company collaborates with over 5,000 farmers across India, offering products such as organic cow ghee, pulses, rice, spices, grains, frozen vegetables, edible oils, dehydrated onion products, and dairy items.

The company operates in two main segments: Products and Services, further divided into three verticals: FMCG, Organic Agriculture Products, and Organic Certification.

The company operates 7 certified units, with over 2500 farmers across 3100 hectares, producing 20,335 MT of certified organic milk annually, certified by USOCA in Uttar Pradesh and Uttarakhand.

Products & Services:

  • Fast Moving Consumer Goods (FMCG): The company offers dairy products like ghee, butter, milk, and paneer, sourcing 2,03,35,725 liters of milk from Uttar Pradesh. It also introduces Barsana Magic, a certified organic dairy brand.
  • Agriculture: The company specializes in trading agricultural commodities like pulses, spices, and rice, sourcing from 2,500 certified farmers. It ensures quality, packaging, and distribution under the brand "Sanjeevani Organics."
  • Organic Certification: The company’s certification process follows National Standards for Organic Production, involving third-party certification bodies. It covers crop production, livestock, food processing, and organic animal feed processing and handling.

As of September 30, 2024, the company has 65 eomplyees.

Competitive Strengths:

  • Strong Leadership and Experienced Management
  • Domestic and global accreditation
  • Wide range of products and services
 

Company Financials (Restated Standalone)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets28.5523.4430.64
Total Income51.1557.4759.68
Profit After Tax2.631.591.21
NET Worth23.1620.5318.93
Reserves and Surplus22.9820.3518.75
Total Borrowing1.720.275.55
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Capital Expenditure 0.78
2 Branding Positioning, Marketing and Advertising Expenses 4.47
3 Working Capital Requirements 16.25
4 General corporate purposes

Key Performance Indicator (KPI)

KPIMar 31, 2024
ROE11.36%
ROCE15.60%
Debt/Equity0.07
RoNW11.36%
PAT Margin2.86%
Pre IPOPost IPO
Promoter Holding87.5%62.35%
Mr. Shrikant Sharma and Mr. Tara Singh are the promoters of the company.

IPO Registrar

Bigshare Services Pvt.Ltd.

Contact Details

Sanjeevani Agrofoods Ltd. Address
Khasra no. 148 Cha,
Mauza Chandrabani Khalsa,
Mohabbewala Industrial Area,
Dehradun, Uttarakhand, 248002
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IPO FAQs

Sanjeevani Agrofoods IPO is a SME IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .

The Sanjeevani Agrofoods IPO open and close dates are not available as of now.

Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in Sanjeevani Agrofoods IPO using UPI as a payment gateway. Zerodha customers can apply in Sanjeevani Agrofoods IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Sanjeevani Agrofoods IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Sanjeevani Agrofoods IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Sanjeevani Agrofoods IPO dates are not announced. Please check back again after some time.

Sanjeevani Agrofoods IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in Sanjeevani Agrofoods IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Sanjeevani Agrofoods IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Sanjeevani Agrofoods IPO allotment status.

The Sanjeevani Agrofoods IPO listing date is not yet announced. The tentative date of listing is .

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