ListedSMESHEETAL

Sheetal Universal Limited

Sheetal Universal Limited is an SME IPO raising ₹24 Cr at a fixed price of ₹70 a share. It listed on 11 Dec 2023 and trades at ₹381 today, +444.3% against its issue price of ₹70. The exchanges never published a subscription figure for it.

Get alerts on this company Company page

₹70

Issue price

₹381

Price now

+444.3%

Since issue price

11 Dec 2023

Listed on

Not publishedSubscription

The exchanges never published a subscription figure for this issue.

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Issue price (fixed)₹70

Cut-off price₹70

Issue size₹24 Cr

Shares per lot2000

Minimum application₹1,40,000

Minimum quantity2000

Face value₹10

Listing exchanges—

ISININE04VX01019

Bidding hours10:00 – 17:00 IST

Bidding window4 Dec 2023 – 6 Dec 2023

SME

What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.