Bookbuilding IPO | ₹70 Cr | Listed at NSE SME | Fri, Aug 22, 2025 - Tue, Aug 26, 2025
Shivashrit Foods IPO is a book build issue of ₹70.03 crores. The issue is a combination of fresh issue of 0.43 crore shares aggregating to ₹61.29 crores and offer for sale of 0.06 crore shares aggregating to ₹8.75 crores.
Shivashrit Foods IPO bidding started from Aug 22, 2025 and ended on Aug 26, 2025. The allotment for Shivashrit Foods IPO was finalized on Aug 28, 2025. The shares got listed on NSE SME on Sep 1, 2025.
Shivashrit Foods IPO price band is set at ₹142 per share. The lot size for an application is 1,000. The minimum amount of investment required by an individual investor (retail) is ₹2,84,000 (2,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,000 shares), amounting to ₹4,26,000.
Mark Corporate Advisors Pvt.Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Asnani Stock Broker Pvt.Ltd..
Refer to Shivashrit Foods IPO RHP for detailed Information.
IPO Open
Fri, Aug 22, 2025
IPO Close
Tue, Aug 26, 2025
Issue Price
₹142 per share
Market Cap (Pre-IPO)
₹259.42 Cr
| IPO Date | 22 to 26 Aug, 2025 |
| Listed on | Mon, Sep 1, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹135 to ₹142 |
| Issue Price | ₹142 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 49,32,000 shares (agg. up to ₹70 Cr) |
| Reserved for Market Maker | 2,48,000 shares Asnani Stock Broker Pvt.Ltd. (agg. up to ₹4 Cr) |
| Fresh Issue (Ex Market Maker) | 40,68,000 shares (agg. up to ₹58 Cr) |
| Offer for Sale | 6,16,000 shares of ₹10 (agg. up to ₹9 Cr) |
| Net Offered to Public | 46,84,000 shares (agg. up to ₹67 Cr) |
| Share Holding Pre Issue | 1,39,53,000 shares |
| Share Holding Post Issue | 1,82,69,000 shares |
| NSE Symbol | SHIVASHRIT |
| ISIN | INE1DLF01018 |
Shivashrit Foods IPO comprises a total issue size of 49,32,000 shares. The net offer to the public is 46,84,000 shares, after excluding 2,48,000 shares allotted on a firm basis. Of the Net offer 23,39,000 (49.94%) are allocated to QIB, 7,05,000 (15.05%) allocated to NII 16,40,000 (35.01%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 23,39,000 | 49.94% | 47.42% |
| − Anchor Investor Shares Offered | 14,03,000 | 28.45% | |
| − QIB (Ex. Anchor) Shares Offered | 9,36,000 | 18.98% | |
| NII (HNI) Shares Offered | 7,05,000 | 15.05% | 14.29% |
| − bNII > ₹10L | 4,70,000 | 9.53% | |
| − sNII < ₹10L | 2,35,000 | 4.76% | |
| Retail Shares Offered | 16,40,000 | 35.01% | 33.25% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,48,000 | 5.03% | |
| Total Shares Offered | 49,32,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,000 | ₹2,84,000 |
| Individual investors (Retail) (Max) | 2 | 2,000 | ₹2,84,000 |
| S-HNI (Min) | 3 | 3,000 | ₹4,26,000 |
| S-HNI (Max) | 7 | 7,000 | ₹9,94,000 |
| B-HNI (Min) | 8 | 8,000 | ₹11,36,000 |
Shivashrit Foods IPO raises ₹19.92 crore from anchor investors. Shivashrit Foods IPO Anchor bid date is August 21, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Thu, Aug 21, 2025 |
| Shares Offered | 14,03,000 |
| Anchor Portion (₹ Cr.) | 19.92 |
| Anchor lock-in period end date for 50% shares (30 Days) | Sat, Sep 27, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Wed, Nov 26, 2025 |
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.
Competitive Strength:
Shivashrit Foods Ltd.'s revenue increased by 36% and profit after tax (PAT) rose by 4% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 108.78 | 83.07 | 48.48 |
| Total Income | 105.85 | 77.55 | 45.61 |
| Profit After Tax | 12.06 | 11.61 | 1.52 |
| EBITDA | 23.10 | 19.87 | 4.95 |
| NET Worth | 34.60 | 22.54 | 10.93 |
| Reserves and Surplus | 20.64 | 17.89 | 6.28 |
| Total Borrowing | 47.96 | 36.97 | 22.67 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital Expenditure (“Expansion Project”) | 26.30 |
| 2 | Working Capital Requirement for Expansion Project | 19.00 |
| 3 | General Corporate Purpose | 9.19 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 42% |
| ROCE | 42.73% |
| Debt/Equity | 1.39 |
| RoNW | 34.85% |
| PAT Margin | 11.51% |
| EBITDA Margin | 22.06% |
| Price to Book Value | 1.91 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 8.64 | 6.60 |
| P/E (x) | 16.44 | 21.52 |
| Promoter Holding | 100% | 73.01% |
| Market Cap | ₹259.42 Cr. |
The Shivashrit Foods IPO is subscribed 2.89 times on August 26, 2025 6:20:01 PM (Day 3). The public issue subscribed 2.65 times in the individual investors category, 1.59 times in the QIB category, and 5.16 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB (Ex Anchor) | 1.59 | 9,36,000 | 14,86,000 | 9 |
| NII* | 5.16 | 7,05,000 | 36,40,000 | 394 |
| bNII (bids above ₹10L) | 6.38 | 4,70,000 | 29,98,000 | |
| sNII (bids below ₹10L) | 2.73 | 2,35,000 | 6,42,000 | |
| Individual Investors | 2.65 | 16,40,000 | 43,48,000 | 2,174 |
| Total | 2.89 | 32,81,000 | 94,74,000 | 2,577 |
Total Application : 2,577
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to the Book Running Lead Manager | 0.30 |
| 2 | Underwriting Fees | 3.51 |
| 3 | Market Maker Fees | 0.09 |
| 4 | Brokerage, selling commission and upload fees | 0.06 |
| 5 | Fees payable to Registrar to Offer | 0.05 |
| 6 | Fees payable to Legal Advisor | 0.14 |
| 7 | Statutory Advertisement Expenses | 0.08 |
| 8 | Printing, advertising and marketing & promotion expenses | 2.57 |
| 9 | Payment to Sponsor Bank | 0.05 |
| 10 | Regulators including stock exchanges | 0.06 |
| 11 | Fees to Auditor for Basis of Allotment | 0.01 |
| 12 | Fees to Monitoring Agency | 0.06 |
| 13 | Others (including the Peer Review Auditors, Depositories fees and charges, ROC fees, Stamp duty, PCS fees, Fees of Chartered Engineers, and other misc. expenses of professionals as above mentioned etc.) | 0.80 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹142.00 |
| Open | ₹148.50 |
| Low | ₹141.10 |
| High | ₹148.50 |
| Last Trade | ₹141.45 |
Lead Manager Reports
Shivashrit Foods IPO is a SME IPO of 49,32,000 equity shares of the face value of ₹10 aggregating up to ₹70 Crores. The issue is priced at ₹142 per share. The minimum order quantity is 1000.
The IPO opens on Fri, Aug 22, 2025, and closes on Tue, Aug 26, 2025.
Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Shivashrit Foods IPO using UPI as a payment gateway. Zerodha customers can apply in Shivashrit Foods IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Shivashrit Foods IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Shivashrit Foods IPO opens on Fri, Aug 22, 2025 and closes on Tue, Aug 26, 2025.
Shivashrit Foods IPO lot size is 1000, and the minimum amount required for application is ₹2,84,000, with 2 lots being the minimum application size.
You can apply in Shivashrit Foods 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 Shivashrit Foods IPO will be done on Thursday, August 28, 2025, and the allotted shares will be credited to your demat account by Fri, Aug 29, 2025. Check the Shivashrit Foods IPO allotment status.
The Shivashrit Foods IPO listing date is on Mon, Sep 1, 2025.
