Shreeji Global FMCG is engaged in the manufacturing and processing of ground and whole spices, seeds, grains, pulses, and atta (flour). The company markets its products under its flagship brand “SHETHJI”, as well as under white-label arrangements for institutional and distribution clients.
Its diverse product portfolio includes:
- Whole Spices & Seeds: Cumin (jeera), coriander, sesame, fennel, kalonji, and groundnut
- Ground Spices: Red chilli powder, turmeric, and coriander powder
- Agro Products: Channa, grains, and pulses
The company also imports select agro-commodities to supplement its product range and maintain quality consistency — such as Madagascar cloves and coriander seeds (UAE), reduced-fat desiccated coconut (Sri Lanka), autumn star anise and cassia varieties (Vietnam), and milling wheat (Singapore) — which are processed domestically at its own units.
Shreeji Global FMCG offers its products in various packaging sizes, ranging from 100 grams to 30 kilograms, to meet diverse customer requirements. Retail-focused SKUs are smaller (100g to 1kg), while wholesale and corporate clients typically purchase in packs of 10kg, 20kg, and 30kg, or in 50kg master sacks under private labeling.
For consumer-oriented items such as papad and dhanadal (mouth freshener), the company uses rigid box packaging to preserve freshness and enhance shelf appeal.
Its clientele includes individual traders, small retailers, regional distributors, and large corporates, demonstrating flexibility to handle orders of varying scale and complexity.
The company operates two strategically located facilities in Rajkot and Morbi (Gujarat) — both equipped for integrated processing that includes sourcing, grinding, packaging, and logistics management.
Shreeji Global FMCG IPO – Details
| IPO Opening Date | 04 November 2025 |
| IPO Closing Date | 07 November 2025 |
| Issue Type | Bookbuilding IPO |
| Issue Size | Total Issue: 68,00,000 Shares Worth ₹85.00 Crore Fresh Issue: 68,00,000 Shares Worth ₹85.00 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹120 – ₹125 per share |
| Market Lot | 1000 Shares |
| Min Order | 1000 Shares [ 1 Lot ] |
| Listing At | NSE SME |
| Registrar | MUFG Intime India Pvt.Ltd. |
| QIB Shares Offered | 30% |
| NII Shares Offered | 21% |
| Retail Shares Offered | 49% |
Shreeji Global FMCG IPO – Date Schedule
| IPO Open Date | 04 November 2025 |
| IPO Close Date | 07 November 2025 |
| Basis of Allotment | 10 November 2025 |
| Initiation of Refund | 11 November 2025 |
| Credit of Shares to Demat | 11 November 2025 |
| IPO Listing Date | 12 November 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on November 07, 2025 |
Shreeji Global FMCG IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | ₹2,50,000 |
| 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 |
Competitive Strength
- 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 Promoters
- Jitendra Kakkad
- Vivek Kakkad Tulshidas Kakkad
- Dhruti Kakkad
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2023 | ₹468.70 Cr | ₹465.90 Cr | ₹2.05 Cr | ₹19.00 Cr |
| 31 March 2024 | ₹588.99 Cr | ₹581.74 Cr | ₹5.47 Cr | ₹25.51 Cr |
| 31 March 2025 | ₹650.85 Cr | ₹634.54 Cr | ₹12.15 Cr | ₹30.45 Cr |
| 31 August 2025 | ₹251.18 Cr | ₹238.90 Cr | ₹9.20 Cr | ₹29.55 Cr |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 51.74% |
| ROCE | 32.07% |
| Debt/Equity | 1.03 |
| RoNW | 41.11% |
| PAT Margin | 1.87% |
| EBITDA Margin | 3.13% |
| Price to Book Value | 10.50 |
| Market Capitalization | 284.50 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 7.61 | 9.70 |
| P/E (x) | 16.42 | 12.89 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Capital Expenditure for Factory Premises. | ₹5.67 |
| Capital Expenditure for Plant and Machinery & Cold Storage. | ₹29.01 |
| Capital Expenditure for Solar Power for internal consumption. | ₹4.05 |
| Working Capital. | ₹33.54 |
| General Corporate Purposes. | – |
✅Strengths
- Strategic manufacturing units in Rajkot and Morbi, Gujarat.
- Wide product range – whole & ground spices, pulses, grains, seeds, and flours.
- Strong in-house brand “Shethji” and white-label supply.
- Constant demand for Indian spices ensures stable growth.
- Broad customer base across traders, corporates, and retailers.
- Experienced promoters with FMCG and agri-industry expertise.
⚠️Risks
- Pending GST and tax-related proceedings.
- Dependence on agri raw material supply and pricing.
- Absence of long-term customer contracts.
- Intense competition in the spice and FMCG sector.
- Exposure to regulatory and food safety compliances.
- Operations concentrated mainly in Gujarat.
Shreeji Global FMCG IPO Promoter Holding
| Pre Issue Share Holding | 99.99% |
| Post Issue Share Holding | 70.12% |
Shreeji Global FMCG IPO Prospectus
Company Contact Information
| Shreeji Global FMCG Ltd. The Spire, Office No. 1205, 150 Feet Ring Road, Near Ayodhya Circle Rajkot, Gujarat, 360006 Phone: +91 96242 26111 Email: cs@shreejifmcg.com Website: http://www.shreejifmcg.com/ |
Shreeji Global FMCG IPO Registrar
| MUFG Intime India Pvt.Ltd. Phone: +91-22-4918 6270 Email: shreejiglobal.smeipo@in.mpms.mufg.com Website: https://linkintime.co.in/Initial_Offer/public-issues.html |
Shreeji Global FMCG IPO Lead Manager(s)
| 1. Interactive Financial Services Ltd. |
Shreeji Global FMCG IPO FAQ
| What is Shreeji Global FMCG IPO? Shreeji Global FMCG IPO is an SME IPO. The issue is priced at ₹120 – ₹125 per equity share. The IPO is to be listed on NSE SME. |
| When Shreeji Global FMCG IPO will open? The IPO is to open on 04 November 2025 for QIB, NII, and Retail Investors. |
| What is Shreeji Global FMCG IPO Investors Portion? The investors’ portion for QIB – 30%, NII – 21%, and Retail – 49%. |
| What is the Shreeji Global FMCG IPO Size? Shreeji Global FMCG IPO size is ₹85.00 Crore. |
| What is Shreeji Global FMCG IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 2,000 Shares with ₹2,50,000 amount, while the maximum bid is 2,000 Shares with ₹2,50,000. |
| What is the Shreeji Global FMCG IPO Allotment Date? Shreeji Global FMCG IPO allotment date is 10 November 2025. |
| What is the Shreeji Global FMCG IPO Listing Date? Shreeji Global FMCG IPO listing date is 12 November 2025. The IPO is to be listed on the NSE SME. |
