Shivashrit Foods IPO is a book-built issue of ₹70.03 crore. It comprises a fresh issue of 40.68 lakh equity shares aggregating to ₹57.77 crore and an offer for sale of 6.16 lakh equity shares worth ₹8.75 crore. The IPO bidding window was open from August 22, 2025, to August 26, 2025. The allotment is scheduled to be finalised on August 28, 2025, with shares expected to list on NSE SME on September 1, 2025.
The IPO was priced in the band of ₹135–₹142 per share, with a minimum lot size of 2,000 shares. The issue received an overall subscription of 2.89 times, with NIIs showing the strongest demand at 5.16 times, followed by retail investors at 2.65 times.
Shivashrit Foods’ ₹70.03 crore IPO, priced at ₹135–₹142 per share, closed with a total subscription of 2.89 times. The issue includes a fresh issue of 40.68 lakh shares (₹57.77 crore) and an offer for sale of 6.16 lakh shares (₹8.75 crore). The IPO ran from August 22 to August 26, 2025, with allotment finalisation expected on August 28, 2025. Retail investors subscribed 2.65 times, while NIIs subscribed 5.16 times their allocated quota. Listing is scheduled for September 1, 2025.
The table below breaks down the Shivashrit Foods share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
Investor Category | Shares Offered |
Market Maker Shares Offered | 2,48,000 (5.03%) |
QIB Shares Offered | 23,39,000 (47.42%) |
− Anchor Investor Shares Offered | 14,03,000 (28.45%) |
− QIB (Ex. Anchor) Shares Offered | 9,36,000 (18.98%) |
NII (HNI) Shares Offered | 7,05,000 (14.29%) |
− bNII > ₹10L | 4,70,000 (9.53%) |
− sNII < ₹10L | 2,35,000 (4.76%) |
Retail Shares Offered | 16,40,000 (33.25%) |
Total Shares Offered | 49,32,000 (100.00%) |
Data Source: NSE
Category | Subscription (times) |
Qualified Institutional Buyers | 1.59 |
Non-Institutional Investors | 5.16 |
Retail Individual Investors | 2.65 |
Total | 2.89 |
Note: The subscription details are as of August 26, 2025
Shivashrit Foods Limited was incorporated in August 2017 and is engaged in the manufacture, supply, and export of potato flakes. The company operates a modern potato processing facility in Aligarh, Uttar Pradesh, which caters to both domestic and global food manufacturers. Its products are primarily used in ready-to-eat meals, snacks, and other processed food categories, offering consistent quality and a long shelf life.
The company markets its products under three brand names – Shivashrit, Shreeaahar, and Flaker’s. Domestically, its presence covers several Indian states including Madhya Pradesh, Maharashtra, Punjab, Gujarat, Uttar Pradesh, and West Bengal. This wide reach enables the company to serve a diverse customer base across multiple regions in the country.
Internationally, Shivashrit Foods exports its products to over a dozen countries such as the United States, Mexico, Brazil, Indonesia, Israel, Turkey, and Argentina. This global network provides the company with diversified revenue streams while strengthening its position in international markets. Its ability to consistently meet export standards highlights its operational efficiency and focus on quality.
The company’s Aligarh facility is certified by regulatory and global food safety bodies including FSSAI, ISO 22000:2018, HALAL, BRCGS (Intertek, UKAS certified), and USFDA. Backed by experienced promoters and a strong management team, Shivashrit Foods leverages advanced machinery and a strategically located supply chain to secure raw materials, optimise operations, and benefit from government policies supporting food processing units.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Aug 26, 2025, 6:46 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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