IPO Details

Bidding Dates

22 Aug '25 - 26 Aug '25

Minimum Investment

₹2,70,000/ 2 Lots (2000 Shares)

Price Range

₹135-₹142

Maximum Investment

₹2,84,000/ 2 Lots (2000 Shares)

Retail Discount

To be announced

Issue Size

₹70.03 Cr

Investor category and sub category

Retail Individual Investors (RII)  |   Non-institutional Investors (NII)  |   Qualified Institutional Buyers (QIB)   |  

Shivashrit Foods IPO Important Dates

Important dates with respect to IPO allotment and listing

IPO Opening Date

Aug 22, 25

IPO Closing Date

Aug 26, 25

Basis of Allotment

Aug 28, 25

Initiation of Refunds

Aug 29, 25

IPO Listing Date

Aug 01, 25

Shivashrit Foods IPO Subscription Details

DateQIBNIIRetailTotal

Day 1Aug 21, 2025

0.00 0.07 0.09 0.05

About Shivashrit Foods IPO

Shivashrit Foods IPO is a book-built issue valued at ₹70.03 crore. The issue consists of a fresh issue of 0.43 crore equity shares aggregating to ₹61.29 crore and an offer for sale of 0.06 crore equity shares aggregating to ₹8.75 crore. The subscription window for the IPO opens on August 22, 2025, and closes on August 26, 2025.

The allotment is expected to be finalised on August 28, 2025, with a tentative listing date on NSE SME set for September 1, 2025. The price band for the issue has been fixed between ₹135.00 to ₹142.00 per share. The lot size for applying is 1,000 shares.

For retail investors, the minimum investment required is ₹2,70,000 for 2,000 shares. For HNI investors, the minimum application size is 3 lots, equivalent to 3,000 shares, requiring an investment of ₹4,26,000.

Mark Corporate Advisors Private Limited is acting as the book running lead manager, while Maashitla Securities Private Limited is the registrar to the issue. The market-making responsibility lies with Asnani Stock Broker Private Limited Investors should refer to the Shivashrit Foods IPO RHP for complete details.

Industry Outlook

  1. India’s food processing sector is projected to reach US$ 1,274 billion by 2027, growing from US$ 866 billion in 2022, driven by population growth, rising incomes, and urbanisation.
  2. The industry contributed 10.54% to Manufacturing GVA and 11.57% to Agriculture GVA in 2020-21, showing its strong role in the economy.
  3. By 2047, the sector is expected to touch US$ 2,150 billion, backed by government support, infrastructure projects worth US$ 2.36 billion, and favourable policies under “Make in India.”

Shivashrit Foods IPO Objectives

The company plans to allocate the net proceeds from the issuance to the following purposes:

  1. The company plans to allocate funds towards the construction of the building, installation of potato flakes line machine, and setup of utilities like boiler, ETP plant, power generator, and solar panel.
  2. Funds will also be used to meet day-to-day operational expenses such as raw material procurement, employee costs, and other short-term business needs, ensuring smoother operations.
  3. The remaining funds will be deployed for general corporate purposes.

About Shivashrit Foods Limited

Shivashrit Foods Limited (SFL) was originally incorporated as Shivashrit Foods Private Limited on August 23, 2017, under the Companies Act, 2013. Following shareholder approval, the company was converted into a public limited company on October 4, 2024.

The company is engaged in manufacturing, supplying, and exporting premium-quality potato flakes. Its fully dedicated potato processing facility is located in Aligarh, Western Uttar Pradesh, spread across 2,225 square meters. The unit commenced operations in 2018 with an installed capacity of 14.4 metric tons per day, later expanded to 28.8 metric tons per day in July 2023.

Production is fully automated, with processes ranging from washing and peeling to drum drying and packaging. SFL maintains a strong procurement network, sourcing 80%–90% of potatoes during the December–March harvest season. With direct access to farmers within a 200-kilometer radius, the company ensures steady supply, strict quality control, and timely payments to farming partners.

The facility adheres to international quality and safety standards, holding certifications such as FSSAI, ISO 22000:2018, HALAL, BRCGS, and USFDA. Finished goods undergo rigorous in-house testing before distribution.

The company currently markets its products under the brands Shivashrit and Flaker’s, primarily following a B2B model by supplying to industrial food and snack manufacturers globally and domestically.

In December 2024, SFL diversified into the B2C segment with its retail brand, focusing initially on Delhi NCR and major metropolitan cities through its website and e-commerce platforms like Amazon, Flipkart, and Meesho.

Backed by steady financial growth and expansion into higher-margin consumer markets, Shivashrit Foods Limited is positioned on a strong growth trajectory.

How To Check the Allotment Status of Shivashrit Foods IPO?

Steps to check IPO allotment status on Angel One’s app:

  1. Log in to the Angel One app.
  2. Go to the IPO Section and then to IPO Orders.
  3. Select the individual IPO that you had applied for and check the allotment status.
  4. Angel One will notify you of your IPO allotment status via push notification and email.

How To Apply for the Shivashrit Foods IPO Online?

  1. Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
  2. Locate the IPO Section: Navigate to the 'IPO' section on the platform.
  3. Select IPO: Find and select the Shivashrit Foods IPO from the list of open IPOs.
  4. Enter the Lot Size: Specify the number of lots you want to bid for.
  5. Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
  6. Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.

Contact Details of Shivashrit Foods IPO

Registered office: Gopal Ganj, Sarai Lavaria Aligarh, Uttar Pradesh - 202001

Phone: +91 571 3500346

E-mail: cs@shivashrit.com 

Shivashrit Foods IPO Reservation

Investor Category

Shares Offered

QIB Shares

Not more than 50% of the Net Issue

Retail Shares

Not less than 35% of the Net Issue

NII Shares

Not less than 15% of the Net Issue

Shivashrit Foods IPO Lot Size Details

Application

Lots

Shares

Amount

Individual investors (Retail) (Min)

2

2,000

₹2,70,000

Individual investors (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

Shivashrit Foods IPO Promoter Holding

The promoters of the company include Mr. Prashant Singhal, Mr. Nishant Singhal, Mrs. Sunita Singhal and Mr. Ramesh Chand Singhal.

Share Holding Pre-Issue

100%

Share Holding Post Issue&nbsp

73%

Note: Equity dilution will be determined by subtracting the Shareholding Post Issue from the Shareholding Pre Issue.

Key Performance Indicators for Shivashrit Foods IPO

KPI

Value

ROE (%)

42

RoCE (%)

42.73

Debt/Equity&nbsp

1.39

PAT Margin (%)

11.51

EBITDA Margin (%)

22.06

Shivashrit Foods IPO Prospectus

Shivashrit Foods IPO Registrar and Lead Managers

Shivashrit Foods IPO Lead Managers

  • Mark Corporate Advisors Private Limited

Registrar for Shivashrit Foods IPO

Maashitla Securities Private Limited

Shivashrit Foods IPO Registrar

Financial Performance of Shivashrit Foods Limited

Particulars Year ending on March 31, 2025 Year ending on March 31, 2024 Year ending on March 31, 2023
Revenue from Operation (in ₹ lakh) 10469.34 7,622.05 4,535.10
Profit/loss After Tax (in ₹ lakh) 1205.50 1,161.39 151.56
Earnings per Equity Share (₹) 8.64 24.97 3.26
Net Worth (in ₹ lakh) 3459.59 2254.09 1092.70
Return on Equity (%) 42 69 15
Return on Capital Employed (RoCE) (%) 42.73 44.89 12.02
EBITDA (in ₹ lakh) 2309.66 1,986.64 494.95

Know before investing

Strengths

8
  1. Experienced promoters with over 15 years expertise in potato flakes production.

  2. Strong supply chain ensures long-lasting customer trust and efficient product delivery.

  3. Modern facility spans 0.55 acres, equipped with advanced international machinery.

  4. Strategic Aligarh location enables cost-efficient potato sourcing from nearby farmers.

  5. Planned expansion to increase capacity by 52.8 MT/day, reaching ~82 MT/day.

  6. Entered B2C retail segment in December 2024, enhancing brand visibility nationwide.

  7. Strong domestic and global customer relationships ensure steady demand and business growth.

  8. Rising demand for ready-to-eat foods offers significant retail and export opportunities.

Risks

8
  1. Heavy reliance on domestic sales limits diversification and global growth opportunities.

  2. Losing major customers or failing to acquire new ones risks revenue stability.

  3. Dependence on limited suppliers without long-term contracts threatens raw material availability.

  4. Potato price fluctuations and supply shortages may directly impact profitability and operations.

  5. Entire revenue depends on potato flakes, increasing vulnerability to market disruptions.

  6. Poor potato storage conditions risk spoilage, product integrity, and financial performance.

  7. Electricity costs ₹97.80 lakh FY25; fuel costs ₹905.32 lakh—supply risks remain.

  8. Heavy reliance on third-party logistics risks delays, cost increases, and disruptions.

  • How to Apply in IPO
  • How to Check IPO Allotment Status

Login to Angel One App / Website & click on IPO

Select desired IPO & tap on "Apply"

Enter UPI ID, set quantity/price & submit

Accept mandate on the UPI app to complete the process

Login to Angel One App / Website

Choose IPO section on Home Page

Click IPO Orders

Chose the IPO application you want to view the status for

Shivashrit Foods IPO FAQs

What is the Shivashrit Foods IPO?

Shivashrit Foods IPO is a book-built issue IPO. It runs from August 22, 2025, to August 26, 2025. 

When will the Shivashrit Foods IPO be allotted?

The Basis of Allotment will happen on Thursday, August 28, 2025.  

When will the Shivashrit Foods IPO open for subscription?

The IPO subscription window will open on August 22, 2025. 

What minimum lot size can retail investors subscribe to?

The minimum lot size retail investors can subscribe to is 2 lots, and the lot size is 1,000 shares. 

When will the Shivashrit Foods IPO list on exchanges?

The listing date for Shivashrit Foods IPO is Monday, September 1, 2025. 

What is the issue size of the Shivashrit Foods IPO?

The issue size of the Shivashrit Foods IPO is ₹70.03 crore.

What are the open and close dates of the Shivashrit Foods IPO?

The open and close dates for Shivashrit Foods IPO are from August 22, 2025, to August 26, 2025.

What would be the listing gains on the Shivashrit Foods IPO?

Listing gains cannot be ascertained before the listing of the IPO on the stock exchange. 

When will I know if my Shivashrit Foods IPO order is placed?

You will receive a notification once your order is successfully placed with the exchange after the bidding starts. 

Who is the registrar of Shivashrit Foods IPO?

Maashitla Securities Private Limited is the registrar responsible for managing the IPO allotment process and handling investor queries. 

Where is the Shivashrit Foods IPO getting listed?

The Shivashrit Foods IPO is proposed to be listed on the SME platform of the National Stock Exchange (NSE). 

How to increase your chances of getting a Shivashrit Foods IPO allotment?

  1. Multiple Submissions: Use different Demat accounts to make multiple applications.
  2. Higher Price Band Bidding: Opt for bidding at the cut-off price or higher price band.
  3. Timely Subscription: Ensure you subscribe to the IPO within the specified time frame.

How do I approve the UPI mandate request for the Shivashrit Foods IPO?

You must complete the payment process by logging in to your UPI handle and approving the payment mandate. 

Can I submit more than one application for the public issue of Shivashrit Foods IPO using one PAN?

You can submit only one application using your PAN card. 

How to read Shivashrit Foods Limited's financial statements?

To read Shivashrit Foods Limited’s financial statements, download the IPO’s RHP document. 

What is 'pre-apply' for the Shivashrit Foods IPO?

Pre-apply allows investors to apply for the Shivashrit Foods IPO two days before the subscription period opens, ensuring an early submission of your application. 

If I pre-apply for the Shivashrit Foods IPO, when will my order get placed?

Your order will be placed when the IPO opens for bidding, and a UPI request will follow within 24 hours.