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Issue Open Date
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22-Aug-25
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Issue Closing Date
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26-Aug-25
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Application Money
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100
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Allotment Money
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Price Band
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135
-
142
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Minimium Application No.
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2000
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Issue Size (Shares)
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3529000
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Market Lot
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1
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Objective
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1. Part finance the capital expenditure to be incurred towards Construction of the Building, Plant & Machinery (Potato Flakes Line Machine), Utilities (Boiler, ETP Plant, Power Generator, Solar Panel), other miscellaneous assets, etc. (“Expansion Project”);2. Part finance the working capital requirement for Expansion Project; and3. General corporate purposes.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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|
Offered / Reserved |
Bid For |
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Non-Institutional Investors
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2101000
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Qualified Institutional Buyers
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|
|
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Retail Individual Investors
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|
1898000
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|
|
|
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Business Description
The major raw material used in manufacturing of potato flakes are Potatoes. We procure potatoes directly fromfarmers, third party suppliers and traders. The peak season for procurement of potatoes is December to March,which is harvesting season. Our company procures appx. 80% - 90% of annual requirement of potatoes duringpeak season. We have direct access to the farmers in the radius of 200 kilometers from our manufacturing unit.This extensive network of farmers enables us to ensure a steady supply of high-quality potatoes. We work closelywith the farmers to uphold strict quality standards at every stage of production, from planting to harvesting, bymaintaining end - to end oversight of the procurement process. Thus, we ensure that the freshest and highestquality of the potatoes are delivered to our processing facilities. We offer competitive pricing and timelypayments, ensuring that farmers are rewarded for their hard-work.
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Promoter's Holding
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Total Share Capital
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13953000
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Offered to Public
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4932000
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Promoter's Holding (Pre-Issue)
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100
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Promoter's Holding (Post-Issue)
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|
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Address |
Gopal Ganj Sarai Lavaria
Aligarh,
Uttar Pradesh,
202001
Phone : 9358193582
Email : info@shivashrit.com
Website : https://shivashritfoods.com/
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Registrar |
Maashitla Securities Pvt Ltd.
451 Krishna Apra Business Square Netaji Subhash Place Pitampura New Delhi
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Listed at |
NSE
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Lead Manager |
Mark Corporate Advisors Pvt Ltd.
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Promoters |
Nishant Singhal Prashant Singhal Ramesh Chand Singhal Sunita Singhal
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