The Shivashrit Foods IPO opens on August 22, 2025, and will close on August 26, 2025. This is a Book-Build Issue, through which the company aims to raise approximately ₹70.03 crores, comprising a fresh issue of ₹61.29 crores and an offer for sale of up to 6,16,000 equity shares with a face value of ₹10 each.
The IPO price band is ₹135 to ₹142 per share. The retail quota is 35%, QIB quota is 50%, and HNI quota is 15%. The allotment will be finalized on August 28, 2025, and the listing on NSE is scheduled for September 1, 2025.
The company reported a revenue of ₹105.85 crores in 2025, up from ₹77.55 crores in 2024, and a profit of ₹12.06 crores in 2025 compared to ₹11.61 crores in 2024. Based on the financial performance, IPO investors are advised to consider a long-term investment.
Shivashrit Foods IPO Date & Price Band Details
| Category | Details |
|---|---|
| IPO Open Date: | August 22, 2025 |
| IPO Close Date: | August 26, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹135 to ₹142 Per Share |
| Issue Size: | Approx ₹70.03 Crores |
| Fresh Issue: | Approx ₹61.29 Crores |
| Offer for Sale: | Approx 6,16,000 Equity Shares |
| Lot Size: | 1,000 Shares |
| Issue Type: | Book-Build Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Shivashrit Foods IPO Market Lot
The Shivashrit Foods IPO has a minimum lot size of 2,000 shares, requiring an application amount of ₹2,84,000.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 2,000 | ₹2,84,000 |
| Retail Maximum | 2 | 2,000 | ₹2,84,000 |
| S-HNI Minimum | 3 | 3,000 | ₹4,26,000 |
| S-HNI Maximum | 7 | 7,000 | ₹9,94,000 |
| B-HNI Minimum | 8 | 8,000 | ₹11,36,000 |
Shivashrit Foods IPO Allotment & Listing Dates
The Shivashrit Foods IPO opens on August 22 and closes on August 26. The allotment will be finalized on August 28, and the listing is scheduled for September 1.
| Type | Date |
|---|---|
| IPO Open Date: | August 22, 2025 |
| IPO Close Date: | August 26, 2025 |
| Basis of Allotment: | August 28, 2025 |
| Refunds: | August 29, 2025 |
| Credit to Demat Account: | August 29, 2025 |
| IPO Listing Date: | September 1, 2025 |
Shivashrit Foods IPO: Promoters
The promoters of the company are Mr. Prashant Singhal, Mr. Nishant Singhal, Mrs. Sunita Singhal, and Mr. Ramesh Chand Singhal.
Shivashrit Foods IPO Company Financial Report
The company reported a revenue of ₹105.85 crores in 2025, up from ₹77.55 crores in 2024. The profit stood at ₹12.06 crores in 2025, compared to ₹11.61 crores in 2024.
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
|---|---|---|---|---|
| 2023 | ₹45.61 | ₹44.03 | ₹1.52 | ₹48.48 |
| 2024 | ₹77.55 | ₹64.13 | ₹11.61 | ₹83.07 |
| 2025 | ₹105.85 | ₹90.66 | ₹12.06 | ₹108.78 |
Shivashrit Foods IPO Valuation – FY2025
| KPI | Values |
|---|---|
| ROE: | 42% |
| ROCE: | 42.73% |
| EBITDA Margin: | 22.06% |
| PAT Margin: | 11.51% |
| Debt to equity ratio: | 1.39 |
| Earning Per Share (EPS): | ₹25.92 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 34.85% |
| Net Asset Value (NAV): | ₹24.79 |
Shivashrit Foods IPO Peer Group Comparison
There are no listed companies in India or globally that operate in a business identical to the company in terms of nature, size, business model, or product offerings.
Objects of the Issue – Shivashrit Foods IPO
- Capital Expenditure for the Expansion Project
- Working Capital Requirement for the Expansion Project
- General Corporate Purpose
Shivashrit Foods Company Overview, Strengths, and Risks
Shivashrit Foods Limited is an Indian food processing company that specializes in the manufacturing and export of premium-quality potato flakes. Established in 2017 and based in Aligarh, Uttar Pradesh, the company’s products are used as a versatile ingredient in various industries, including food processing, snacks, and ready-to-eat meals. The company serves both the domestic market and exports to over a dozen countries.
Strengths
- Niche Product with High Demand: Shivashrit Foods operates in the growing dehydrated potato products market. Its main product, potato flakes, is a key ingredient for many convenience foods, a sector experiencing significant growth globally.
- Strong Financial Performance: The company has demonstrated a consistent increase in revenue and profit over recent years, indicating robust operational management and market traction.
- Quality and Certifications: The manufacturing facility is equipped with imported machinery from the Netherlands and holds multiple certifications, including FSSAI, ISO 22000:2018, HALAL, and USFDA, which enhances its credibility and allows it to cater to international markets.
- Strategic Sourcing: The company engages in contract farming and operates cold storage facilities to ensure a consistent supply of high-quality raw potatoes, which helps manage costs and maintain product quality throughout the year.
Risks
- Raw Material Dependency: The company’s business model is heavily dependent on the availability and price of potatoes. Fluctuations in potato crop yields due to weather conditions or other agricultural factors can directly impact raw material costs and, consequently, profit margins.
- Market Competition: While it has a strong market position, Shivashrit Foods faces competition from other domestic and international processed food manufacturers, which can put pressure on pricing and market share.
- Operational Concentration: With a single manufacturing unit in Aligarh, Uttar Pradesh, the company is vulnerable to localized disruptions, such as natural disasters, labor issues, or political instability in the region, which could halt production.
- Working Capital Requirements: The nature of the food processing business, which includes maintaining inventory and extending credit to clients, can lead to significant working capital requirements. This could strain liquidity if not managed effectively.
Shivashrit Foods IPO Review
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Shivashrit Foods IPO Registrar
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 Lead Managers aka Merchant Bankers
- Mark Corporate Advisors Pvt.Ltd.
Shivashrit Foods Company Address
Shivashrit Foods Ltd.
Gopal Ganj
Sarai Lavaria ,
Aligarh, Uttar Pradesh, 202001
Phone: +91 571 3500346
Email: cs@shivashrit.com
Website: http://www.shivashritfoods.com/
FAQs about Shivashrit Foods IPO
The IPO opens on August 22, 2025, and closes on August 26, 2025. The allotment is expected on August 28, 2025, and the shares are scheduled to list on September 1, 2025.
The IPO price band is set at ₹135 to ₹142 per share.
The minimum lot size for retail investors is 2,000 shares, which requires a minimum application amount of ₹2,84,000.
The total issue size is approximately ₹70.03 crores, consisting of a fresh issue of ₹61.29 crores and an offer for sale of 6,16,000 equity shares.
The allocation is as follows: 50% for Qualified Institutional Buyers (QIB), 15% for High Net-worth Individuals (HNI), and 35% for Retail Investors.
The shares of Shivashrit Foods Limited will be listed on the NSE SME platform.
The company plans to use the net proceeds for capital expenditure for its expansion project, to meet working capital requirements for the expansion, and for general corporate purposes.
Shivashrit Foods has shown strong financial growth, with revenue increasing from ₹77.55 crores in 2024 to ₹105.85 crores in 2025. Profit after tax also rose from ₹11.61 crores to ₹12.06 crores during the same period.
The promoters are Mr. Prashant Singhal, Mr. Nishant Singhal, Mrs. Sunita Singhal, and Mr. Ramesh Chand Singhal.
The registrar for the IPO is Maashitla Securities Pvt. Ltd.
