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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 ₹142.00 per share . The lot size for an application is 1,000. The minimum amount of investment required by an individual investor (retail) is ₹2,84,000.00 (2,000 shares) (based on upper price). The minimum lot size investment for 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 Date | August 22, 2025 to August 26, 2025 |
| Listing Date | September 1, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹135 to ₹142 per share |
| Issue Price Final | ₹142 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 49,32,000 shares (aggregating up to ₹70.03 Cr) |
| Reserved for Market Maker | 2,48,000 shares Asnani Stock Broker Pvt.Ltd. (aggregating up to ₹3.52 Cr) |
| Fresh Issue (Ex Market Maker) | 40,68,000 shares (aggregating up to ₹57.77 Cr) |
| Offer for Sale | 6,16,000 shares of ₹10 (aggregating up to ₹8.75 Cr) |
| Net Offered to Public | 46,84,000 shares (aggregating up to ₹66.51 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,39,53,000 shares |
| Share Holding Post Issue | 1,82,69,000 shares |
Shivashrit Foods IPO offers total 49,32,000 shares. Out of which 23,39,000 (47.42%) allocated to QIB, 9,36,000 (18.98%) allocated to QIB (Ex- Anchor), 7,05,000 (14.29%) allocated to NII, 16,40,000 (33.25%) allocated to RII and 14,03,000 (28.45%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 2,48,000 (5.03%) |
| QIB Shares Offered | 23,39,000 (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 (14.29%) |
| − bNII > ₹10L | 4,70,000 (9.53%) |
| − sNII < ₹10L | 2,35,000 (4.76%) |
| Retail Shares Offered | 16,40,000 (33.25%) |
| Total Shares Offered | 49,32,000 (100.00%) |
Shivashrit Foods IPO raises ₹19.92 crore from anchor investors. Shivashrit Foods IPO Anchor bid date is August 21, 2025. Shivashrit Foods IPO Anchor Investors list
| Bid Date | August 21, 2025 |
| Shares Offered | 14,03,000 |
| Anchor Portion Size (In Cr.) | 19.92 |
| Anchor lock-in period end date for 50% shares (30 Days) | September 27, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | November 26, 2025 |
Shivashrit Foods IPO opens on August 22, 2025, and closes on August 26, 2025.
| IPO Open Date | Fri, Aug 22, 2025 |
| IPO Close Date | Tue, Aug 26, 2025 |
| Tentative Allotment | Thu, Aug 28, 2025 |
| Initiation of Refunds | Fri, Aug 29, 2025 |
| Credit of Shares to Demat | Fri, Aug 29, 2025 |
| Tentative Listing Date | Mon, Sep 1, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Aug 26, 2025 |
Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| 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 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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 market capitalization of Shivashrit Foods IPO is ₹259.42 Cr.
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| 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 Rs | 8.64 | 6.60 |
| P/E (x) | 16.44 | 21.52 |
The Company Shivashrit Foods IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Capital Expenditure (“Expansion Project”) | 26.30 |
| 2 | Working Capital Requirement for Expansion Project | 19.00 |
| 3 | General Corporate Purpose | 9.19 |
[Dilip Davda] SFL is engaged in the manufacture and marketing of potato flakes in global markets. It posted growth in its top lines for the reported periods. It marked boosted profits from FY24 onwards following cost control and bulk raw material buying in peak season that helps it in higher margins. Based on its recent financial data, the issue appears fully priced. It may catch first mover fancy post listing. Well-informed investors may park funds for medium to long term. Read detail review...
| Listing Date | September 1, 2025 |
| BSE Script Code | |
| NSE Symbol | SHIVASHRIT |
| ISIN | INE1DLF01018 |
| Final Issue Price | ₹142 per share |
| NSE Listing Group | ST (Trade to Trade) |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹142.00 |
| Open | ₹148.50 |
| Low | ₹141.10 |
| High | ₹148.50 |
| Last Trade | ₹141.45 |
Shivashrit Foods Ltd.
Gopal Ganj
Sarai Lavaria ,
Aligarh, Uttar Pradesh, 202001
Phone: +91 571 3500346
Email: cs@shivashrit.com
Website: http://www.shivashritfoods.com/
Maashitla Securities Pvt.Ltd.
Phone: +91-11-45121795-96
Email: investor.ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
Shivashrit Foods IPO is a SME IPO of 49,32,000 equity shares of the face value of ₹10 aggregating up to ₹70.03 Crores. The issue is priced at ₹142 per share. The minimum order quantity is 1000.
The IPO opens on August 22, 2025, and closes on August 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 August 22, 2025 and closes on August 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 Friday, August 29, 2025. Check the Shivashrit Foods IPO allotment status.
The Shivashrit Foods IPO listing date is on Monday, September 1, 2025.
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