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Sheetal Universal Limited IPO

Sheetal Universal Limited was a SME IPO in the Other Agricultural Products sector, offered at ₹70–₹70 per share to raise ₹24 crore. It listed on 11 Dec 2023 at ₹75 and closed its first day at ₹75, a listing gain of +7.7% versus the ₹70 issue price. It now trades around ₹390 (+456.8% versus the issue price).

Frequently asked questions

What were the Sheetal Universal Limited IPO listing gains?
Sheetal Universal Limited listed on 11 Dec 2023 at ₹75, closing its first day at ₹75 — a listing gain of +7.7% versus the ₹70 issue price.
What was the price band and lot size of the Sheetal Universal Limited IPO?
The price band was ₹70–₹70 per share, with a minimum lot of 2,000 shares (₹1,40,000 at the upper band).
Who were the registrar and lead manager for the Sheetal Universal Limited IPO?
Bigshare Services Private Limited was the registrar, and Beeline Capital Advisors was the book-running lead manager.