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Shreeji Global FMCG Ltd.

Shreeji Global FMCG Ltd.

SHRFMCGSME

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Overview

Shreeji Global FMCG Limited, incorporated in 2018, is a manufacturer and processor of a diverse range of agro-based products. The company's portfolio includes whole and ground spices, seeds, grains, pulses, and wheat flour, which are sold under its proprietary brand 'SHETHJI' and also through white-label arrangements for other brands. Starting with sourcing and supplying agri-commodities, Shreeji Global has expanded into value-added processing like cleaning, grading, and grinding to ensure quality. The company serves both domestic and international markets, exporting to 26 countries, and also imports certain raw materials to meet production needs. It is now strategically planning to enter the blended spices and multigrain flour segments.

Opening Date

Nov 04, 2025

Closing Date

Nov 07, 2025

Listing Date

Nov 12, 2025

IPO Type

SME

IPO Status

Closed

Issue Size

85 Cr

Fresh Issue

85 Cr

Offer for Sale

0 Cr

Price Band

₹120 - ₹125

Lot Size

1000

IPO Timeline

Nov 04, 2025
Open Date
Nov 07, 2025
Close Date
Nov 10, 2025
Allotment Date
Nov 11, 2025
Initiation of Refunds
Nov 12, 2025
Listing Date

Financials

Revenue

Profit After Tax (PAT)

IPO Objective

The main objectives of the issue are to utilize the net proceeds for the following purposes:

  • Funding capital expenditure of ₹5.67 crores for the construction of a new factory premises, including civil and structural work for a PEB structure and RCC building.

  • Allocating ₹29.01 crores for capital expenditure towards the purchase of new plant and machinery, and establishing a cold storage facility with a 5,000 MT capacity.

  • Investing ₹4.25 crores in capital expenditure for a solar power plant with a 1,000 KW capacity for captive consumption, aiming to reduce energy costs and promote sustainability.

  • Utilizing ₹33.54 crores to meet the company's growing working capital requirements to fund its expanding operational scale.

  • Using the remaining funds for general corporate purposes, which may include strategic initiatives, brand building, and other operational needs not specifically allocated.

Key Performance Indicator

P/E Ratio

10.5

EPS

ROE

51.74%

ROCE

32.07%

RONW

41.11%

Debt to Equity Ratio

PAT Margin

1.87%

EBITDA Margin

3.13%

P/B

10.5

SWOT Analysis

Strengths

  • Diversified product portfolio including spices, grains, seeds, pulses, and flour.

  • Dual business model with its own brand 'SHETHJI' and white-label manufacturing.

  • Established export footprint, supplying products to 26 countries, including the USA.

  • Experienced promoters with strong knowledge of the agri-commodities industry.

Weaknesses

  • High revenue concentration in the whole seeds segment, contributing over 85% of total revenue.

  • Dependence on leased properties for its registered office and a key factory premises, owned by promoters.

  • History of negative cash flows from operating activities and significant working capital needs.

  • Reliance on a limited number of customers for a substantial portion of sales.

Opportunities

  • Expansion into high-growth segments of blended spices and healthy multigrain/millet-based flours.

  • Strategic focus on developing Direct-to-Consumer (D2C) and e-commerce sales channels.

  • Growing global and domestic demand for Indian spices and value-added agro-products.

  • Potential for improved margins and supply chain control through forward integration with a new factory and cold storage facility.

Threats

  • Operates in a highly competitive and fragmented market with numerous organized and unorganized players.

  • Vulnerability to price and availability fluctuations of agricultural raw materials due to weather and market conditions.

  • Exposure to foreign exchange rate volatility, impacting costs of imported raw materials and export revenues.

  • Stringent food safety, quality, and packaging regulations that require continuous compliance.

Subscription Rate

CategoryShares Bid ForShares OfferedTimes Subscribed
Qualified Institutional Buyers3.80 L7.76 L0.49x
Non-Institutional Investors22.32 L13.56 L1.65x
Retail Individual Investors31.74 L31.66 L1.00x
Total57.86 L52.98 L1.09x