Shreeji Global FMCG IPO Details

Bookbuilding IPO | ₹85 Cr | Listed at NSE SME | Tue, Nov 4, 2025 - Fri, Nov 7, 2025

Shreeji Global FMCG IPO Logo

Shreeji Global FMCG IPO is a book build issue of ₹85.00 crores. The issue is entirely a fresh issue of 0.68 crore shares of ₹85.00 crore.

Shreeji Global FMCG IPO bidding started from Nov 4, 2025 and ended on Nov 7, 2025. The allotment for Shreeji Global FMCG IPO was finalized on Nov 10, 2025. The shares got listed on NSE SME on Nov 12, 2025.

Shreeji Global FMCG IPO price band is set at ₹125 per share. The lot size for an application is 1,000. The minimum amount of investment required by an individual investor (retail) is ₹2,50,000 (2,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,000 shares), amounting to ₹3,75,000.

Interactive Financial Services Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The Market Maker of the company areSvcm Securities Pvt.Ltd., B.N.Rathi Securities Ltd..

Refer to Shreeji Global FMCG IPO RHP for detailed Information.

IPO Open

Tue, Nov 4, 2025

IPO Close

Fri, Nov 7, 2025

Issue Price

₹125 per share

Market Cap (Pre-IPO)

₹284.50 Cr

IPO Details

IPO Date4 to 7 Nov, 2025
Listed onWed, Nov 12, 2025
Face Value10 per share
Price Band₹120 to ₹125
Issue Price₹125 per share
Lot Size1,000 Shares
Sale TypeFresh capital only
Issue TypeBookbuilding IPO
Listing AtNSE SME

Total Issue Size68,00,000 shares
(agg. up to ₹85 Cr)
Reserved for Market Maker
3,40,000 shares
(agg. up to ₹4 Cr)
B.N.Rathi Securities Ltd.
Svcm Securities Pvt.Ltd.
Fresh Issue
(Ex Market Maker)
64,60,000 shares
(agg. up to ₹81 Cr)
Net Offered to Public64,60,000 shares
(agg. up to ₹81 Cr)
Share Holding Pre Issue1,59,60,000 shares
Share Holding Post Issue2,27,60,000 shares
NSE Symbol SHETHJI
ISININE1FL101016

IPO Timetable

Issue Reservation

Shreeji Global FMCG IPO comprises a total issue size of 68,00,000 shares. The net offer to the public is 64,60,000 shares, after excluding 3,40,000 shares allotted on a firm basis. Of the Net offer 19,38,000 (30.00%) are allocated to QIB, 13,56,000 (20.99%) allocated to NII 31,66,000 (49.01%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
QIB Shares Offered 19,38,00030.00%28.50%
  − Anchor Investor Shares Offered 11,62,00017.09%
  − QIB (Ex. Anchor) Shares Offered 7,76,00011.41%
NII (HNI) Shares Offered 13,56,00020.99%19.94%
  − bNII > ₹10L 9,04,00013.29%
  − sNII < ₹10L 4,52,0006.65%
Retail Shares Offered 31,66,00049.01%46.56%
Firm Reservations
Market Maker Shares Offered 3,40,0005.00%
Total Shares Offered 68,00,000100.00%100.00%

IPO Lot Size

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 ₹2,50,000
Individual investors (Retail) (Max) 2 2,000 ₹2,50,000
S-HNI (Min) 3 3,000 ₹3,75,000
S-HNI (Max) 8 8,000 ₹10,00,000
B-HNI (Min) 9 9,000 ₹11,25,000
IPO Subscription Details

IPO Anchor Investors

Shreeji Global FMCG IPO raises ₹14.53 crore from anchor investors. Shreeji Global FMCG IPO Anchor bid date is November 3, 2025.
📝 Anchor Investors Letter (PDF)

Bid DateMon, Nov 3, 2025
Shares Offered11,62,000
Anchor Portion (₹ Cr.)14.53
Anchor lock-in period end date for 50% shares (30 Days)Tue, Dec 9, 2025
Anchor lock-in period end date for remaining shares (90 Days)Sat, Feb 7, 2026

About Shreeji Global FMCG Ltd.

Shreeji Global FMCG offers a unique variety of spices and blends. Currently, it deals in ground & whole spices, seeds, grains, pulses, flours, and other food products.

The company markets its products under the brand name, "SHETHJI". Its product line include channa, cumin seeds (jeera), coriander seeds, sesame seeds, groundnut, kalonji seeds, fennel seeds, coriander powder, red chilli powder, and turmeric powder etc.

It also import certain agro commodities like Madagascar Cloves and Coriander seeds from UAE, Reduced FAT Desiccated Coconut from Srilanka, Autumn Star Anise, Cigar Cassia, Broken Cassia, Split Cassia from Vietnam and Milling Wheat (Non-GMO, Crop 2023) from Singapore, which are then processed at its in-house facility.

It sells products to individual traders, small businesses, and large corporates. It offers goods in various packaging sizes from 20 grams to 40 kilograms. It has two strategically located manufacturing and processing facilities in Rajkotand Morbi.

Competitive Strengths

  • Strategic Geographic Advantage
  • Rising demand for Indian Spices with scalable business model
  • Wide range of product portfolio
  • Diversified customer base
  • Experienced promoters and leadership team

Company Financials (Restated)

Shreeji Global FMCG Ltd.'s revenue increased by 11% and profit after tax (PAT) rose by 122% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Aug 202531 Mar 202531 Mar 202431 Mar 2023
Assets128.76117.06117.3959.98
Total Income251.18650.85588.99468.70
Profit After Tax9.2012.155.472.05
EBITDA13.8320.3710.924.00
NET Worth38.7629.5617.229.01
Reserves and Surplus22.8013.6011.714.74
Total Borrowing29.5530.4525.5119.00
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 for Factory Premises 5.67
2 Capital Expenditure for Plant and Machineries & Cold storage 29.01
3 Capital Expenditure for Solar Power for internal consumption 4.05
4 Working Capital 33.54
5 General corporate purposes

Key Performance Indicator (KPI)

Pre IPOPost IPO
EPS (₹)7.619.70
P/E (x)16.4212.89
Promoter Holding99.99%70.12%
Market Cap284.50 Cr.
Jitendra Kakkad, Vivek Kakkad Tulshidas Kakkad, and Dhruti Kakkad are the company promoters.
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of August 31, 2025 available in RHP.

IPO Review

[Dilip Davda]
SGFL is engaged in the business of manufacturing and marketing of agri products that include spices, grains, seeds, pulses and Atta. It has entered in to wholesale market for B2B segment and D2C to widen its scope. The company marked growth in its top lines for reported periods, but quantum jump in bottom lines in pre-IPO years raise eyebrows and concern over its sustainability. Based on its inflated recent earnings, the issue appears aggressively priced. The company is operating in a highly competitive and fragmented segment. There is no harm in skipping this pricey and dicey issue that is termed as “High Risk/Low Return”.
Read detail review...

Shreeji Global FMCG IPO Recommendations

Review BySubscribeMay ApplyNeutralAvoid
Brokers2100
Members1003

Shreeji Global FMCG IPO Subscription Status (Bidding Detail)

The Shreeji Global FMCG IPO is subscribed 3.27 times on November 7, 2025 6:19:59 PM (Day 3). The public issue subscribed 2.91 times in the individual investors category, 1.64 times in the QIB category, and 5.06 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)1.647,76,00012,69,0006
NII* 5.0613,56,00068,57,000916
    bNII (bids above ₹10L)6.169,04,00055,68,000
    sNII (bids below ₹10L)2.854,52,00012,89,000
Individual Investor2.9131,66,00092,20,0004,610
Total3.2752,98,0001,73,46,0005,532

Total Application : 5,532

*Market Maker portion is not included to NII/HNI.

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Lead Manager Fees including Underwriting Commission 1.15
2 Brokerage, selling commission and Marketing 0.07
3 Registrar to the Issue 0.07
4 Legal Advisors 0.05
5 Advertising and marketing expenses 1.00
6 Regulators including stock exchanges 0.06
7 Printing and distribution of issue stationary 0.01
8 Others (Market Making fees etc.) 0.12

Listing Day Trading Information

Price DetailsNSE SME
Final Issue Price125.00
Open100.00
Low98.00
High105.00
Last Trade101.70

Check IPO Performance…

IPO Registrar

MUFG Intime India Pvt.Ltd.

  • +91-22-4918 6270
  • shreejiglobal.smeipo@in.mpms.mufg.com
  • Visit Website

Contact Details

Shreeji Global FMCG Ltd. Address
The Spire, Office No. 1205,
150 Feet Ring Road,
Near Ayodhya Circle
Rajkot, Gujarat, 360006
Open an Instant Account with Zerodha

IPO FAQs

Shreeji Global FMCG IPO is a SME IPO of 68,00,000 equity shares of the face value of ₹10 aggregating up to ₹85 Crores. The issue is priced at ₹125 per share. The minimum order quantity is 1000.

The IPO opens on Tue, Nov 4, 2025, and closes on Fri, Nov 7, 2025.

MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

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

Steps to apply in Shreeji Global FMCG 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 'Shreeji Global FMCG 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 Shreeji Global FMCG IPO opens on Tue, Nov 4, 2025 and closes on Fri, Nov 7, 2025.

Shreeji Global FMCG IPO lot size is 1000, and the minimum amount required for application is ₹2,50,000, with 2 lots being the minimum application size.

You can apply in Shreeji Global FMCG 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 Shreeji Global FMCG IPO will be done on Monday, November 10, 2025, and the allotted shares will be credited to your demat account by Tue, Nov 11, 2025. Check the Shreeji Global FMCG IPO allotment status.

The Shreeji Global FMCG IPO listing date is on Wed, Nov 12, 2025.

Compare: