Shivashrit Foods Limited is engaged in the manufacturing, supply, and export of premium potato flakes. The company operates a modern potato processing facility in Aligarh, Uttar Pradesh, dedicated to producing high-quality flakes used in ready-to-eat meals, snacks, and processed food products.
Its manufacturing facility is accredited with multiple global certifications, including FSSAI, ISO 22000:2018, HALAL, BRCGS (Intertek – UKAS certified), and USFDA, ensuring adherence to international food safety and quality standards.
Shivashrit Foods markets its products under three brands – “Shivashrit,” “Shreeaahar,” and “Flaker’s.” The company has established a strong domestic footprint across Madhya Pradesh, Uttarakhand, Maharashtra, Punjab, Gujarat, Haryana, Delhi, Rajasthan, Uttar Pradesh, West Bengal, and Bihar, while also expanding globally with exports to Argentina, Brazil, Chile, Dubai, Indonesia, Israel, Kuwait, Lebanon, Malaysia, Mexico, Turkey, Uruguay, USA, Kosovo, and Bangladesh.
With a focus on consistent quality, long shelf life, and global standards, Shivashrit Foods caters to both domestic and international food manufacturers, strengthening its presence in the processed food industry.
Shivashrit Foods IPO – Details
| IPO Opening Date | 22 August 2025 |
| IPO Closing Date | 26 August 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue: 49,32,000 Shares Worth ₹70.03 Crore Fresh Issue: 43,16,000 Shares Worth ₹61.29 Crore Offer For Sale: 6,16,000 Shares Worth ₹8.75 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹135 – ₹142 per share |
| Market Lot | 1000 Shares |
| Min Order | 1000 Shares [ 1 Lot ] |
| Listing At | NSE SME |
| Registrar | Maashitla Securities Pvt.Ltd. |
| QIB Shares Offered | 50% |
| NII Shares Offered | 15% |
| Retail Shares Offered | 35% |
Shivashrit Foods IPO – Date Schedule
| IPO Open Date | 22 August 2025 |
| IPO Close Date | 26 August 2025 |
| Basis of Allotment | 28 August 2025 |
| Initiation of Refund | 29 August 2025 |
| Credit of Shares to Demat | 29 August 2025 |
| IPO Listing Date | 01 September 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 26, 2025 |
Shivashrit Foods IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | ₹2,84,000 |
| 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 |
Competitive Strengths
- Experienced Promoters and Management Team.
- Support of efficient supply-chain enable us to have long-standing and deep customer relationships.
- The Company’s facility features advanced machinery and technology, ensuring efficiency and quality in the potato flakes industry.
- Strategic location for potato procurement and storage, gaining benefits from government policies, incentives, and subsidies for a food processing unit in Aligarh.
Company Promoters
- Mr. Prashant Singhal
- Mr. Nishant Singhal
- Mrs. Sunita Singhal
- Mr. Ramesh Chand Singhal
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2023 | ₹45.61 Cr | ₹44.03 Cr | ₹1.52 Cr | ₹22.67 Cr |
| 31 March 2024 | ₹77.55 Cr | ₹64.13 Cr | ₹11.61 Cr | ₹36.97 Cr |
| 31 March 2025 | ₹105.85 Cr | ₹90.66 Cr | ₹12.06 Cr | ₹47.96 Cr |
Key Performance Indicator
| 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 (₹) | 8.64 | 6.60 |
| P/E (x) | 16.44 | 21.52 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Capital Expenditure (“Expansion Project”) | ₹26.30 |
| Working Capital Requirement for Expansion Project. | ₹19.00 |
| General Corporate Purposes. | – |
✅Strengths
- Certified plant (FSSAI, ISO, HALAL, BRCGS, USFDA).
- Wide domestic & global presence (20+ countries).
- Strong brands – Shivashrit, Shreeaahar, Flaker’s.
- Growing revenues & profits (FY23–25).
- Experienced promoters & management.
⚠️Risks
- Dependence on potato supply & quality.
- High export reliance (forex & geopolitical risks).
- Strong competition in processed foods.
- Customer concentration risk.
- High working capital requirement.
Shivashrit Foods IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73.00% |
Shivashrit Foods IPO Prospectus
Company Contact Information
| Shivashrit Foods Ltd. Gopal Ganj Sarai Lavaria , Aligarh, Uttar Pradesh, 202001 Phone: +91 571 3500346 Email: cs@shivashrit.com Website: http://www.shivashritfoods.com/ |
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 Manager(s)
| 1. Mark Corporate Advisors Pvt.Ltd. |
Shivashrit Foods IPO FAQ
| What is Shivashrit Foods IPO? Shivashrit Foods IPO is an SME IPO. The issue is priced at ₹135 – ₹142 per equity share. The IPO is to be listed on NSE SME. |
| When Shivashrit Foods IPO will open? The IPO is to open on 22 August 2025 for QIB, NII, and Retail Investors. |
| What is Shivashrit Foods IPO Investors Portion? The investors’ portion for QIB – 50, NII – 15%, and Retail – 35%. |
| How to Apply the Shivashrit Foods IPO? You can apply Shivashrit Foods IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Shivashrit Foods IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Shivashrit Foods IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Shivashrit Foods IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Shivashrit Foods IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Shivashrit Foods IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Shivashrit Foods IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Shivashrit Foods IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Shivashrit Foods IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is the Shivashrit Foods IPO Size? Shivashrit Foods IPO size is ₹70.03 Crore. |
| What is the Shivashrit Foods IPO Price Band? Shivashrit Foods IPO Price Band is ₹135 – ₹142. |
| What is Shivashrit Foods IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 2000 Shares with ₹2,84,000 amount, while the maximum bid is 2000 Shares with ₹2,84,000. |
| What is the Shivashrit Foods IPO Allotment Date? Shivashrit Foods IPO allotment date is 28 August 2025. |
| What is the Shivashrit Foods IPO Listing Date? Shivashrit Foods IPO listing date is 01 September 2025. The IPO is to be listed on the NSE SME. |
