Shivashrit Foods IPO is now open from August 22, and the bidding will take place till August 26, 2025. It is a proxy player for urbanization and changing lifestyles, and a known name in the fast food sector. Established in 2017, Shivashrit Foods Limited is primarily a B2B company and is into the business of manufacturing and exporting of potato flakes.
In this blog, we’ll look at the key details of Shivashrit Foods IPO, including the timelines, financials, risk factors, and subscription status.
Shivashrit Foods IPO Date
The key pointers for the Shivashrit Foods IPO dates are:
- Bidding Opening Date: August 22, 2025
- Bidding Closing Date: August 26, 2025
- Allotment Date: August 28, 2025
- Initiation of Refunds (in case of less or no allotment): August 29, 2025
- Shares Credited to Your Demat Account: August 29, 2025
- IPO Listing Date: September 1, 2025
- Listing on Exchange: NSE SME
WHY SMC
- 20 Lac+ unique clients
- 33+ Years of Serving
- Advance Technical Analysis
- Free Demat Account
Shivashrit Foods IPO Issue Size
Shivashrit Foods IPO valuation, as denoted by the market capitalization, stood at ₹259.42 crores. Here are the important details:
- Price Band: ₹135 to ₹142 per share
- Lot Size: 1000 Shares
- Shivashrit Foods IPO Face Value: ₹10 per share
- Total Issue Size and Amount: 49.32 lakh shares (totalling up to ₹70.03 crores)
- Fresh Issue Size: 43.16 lakh shares
- Offer for Sale (OFS): 6.16 lakh shares
Shivashrit Foods IPO Proceeds Usage
The net proceeds from the Shivashrit Foods IPO are proposed to be utilised for the following purposes:
- For capital expenditure related to constructing buildings, installing plant and machinery (Potato Flakes Line Machine), setting up utilities (such as boiler, ETP plant, power generator, and solar panels), and expanding other associated assets.
- To fulfill the working capital requirements of the expansion projects.
- To meet general corporate needs.
Shivashrit Foods IPO Reservations
Shivashrit Foods IPO reservations to different investors are:
- For QIBs: Not more than 50% of the Net Offer
- For NIIs: Not less than 15% of the Net Offer
- For Individual Investors: Not less than 35% of the Net Offer
Shivashrit Foods IPO Lot Size
Shivashrit Foods IPO lot size is 1,000 shares, wherein bidding can be done in multiples. The minimum amount that each category of investor needs to bid in this IPO is:
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Investors (Min) | 2 | 2,000 | ₹2,84,000 |
| S-HNI (Min) | 3 | 3,000 | ₹4,26,000 |
| B-HNI (Min) | 8 | 8,000 | ₹11,36,000 |
Shivashrit Foods IPO Details: Promoter Holding
Nishant Singhal, Prashant Singhal, Ramesh Chand Singhal, and Sunita Singhal are the promoters of Shivashrit Foods Limited.
Shivashrit Foods Limited: Company Overview
Shivashrit Foods Limited manufactures, supplies, and exports high-quality potato flakes. The company produces premium potato flakes that are commonly used in ready-to-eat meals, snack foods, and a variety of processed food products.
WHY SMC
- 20 Lac+ unique clients
- 33+ Years of Serving
- Advance Technical Analysis
- Free Demat Account
Manufacturing Strength
Shivashrit Foods operates a dedicated manufacturing and potato processing facility in Aligarh, Uttar Pradesh. The manufacturing unit started operations in 2018, with an initial production capacity of 14.4 metric tons per day. In FY24, the processing line was expanded, doubling its capacity to 28.8 metric tons per day of potato flakes.
The facility covers is spread across 2,225 square meters and holds certifications from the FSSAI, ISO, and the United States Food and Drug Administration (USFDA).
Product Portfolio and Model
The company currently has three brands, including Shivashrit, Shreeaahar, and Flaker’s. It initially operated only under a B2B model, supplying products to major clients in the food and snacks industry, both in India and internationally. Key clients include Bikanervala, Haldiram, Bikaji, Balaji Wafers, and ITC Limited.
In December 2024, the company entered the B2C market by launching its retail brand, “Shreeaahar,” focusing initially on Delhi NCR and other large cities. Products are available on its official website and popular e-commerce platforms like Amazon, Flipkart, and Meesho.
Domestic Presence
Products are sold across major Indian states, including Uttar Pradesh, Gujarat, Maharashtra, Madhya Pradesh, Uttarakhand, Punjab, Haryana, Delhi, Rajasthan, West Bengal, and Bihar.
International Presence
Products are exported to 16 countries, including Dubai, Israel, Kuwait, USA, Bangladesh, and Belgium in FY25.
Shivashrit Foods IPO: Financial Performance
Shivashrit Foods Limited’s key financials and ratios for different periods are as follows:
| Particulars (in ₹ Cr) | FY25 | FY24 | YoY Change |
|---|---|---|---|
| Revenue from Operations | 104.69 | 76.22 | 37.35% |
| EBITDA | 23.10 | 19.87 | 16.26% |
| Operating Cash Flow | -8.34 | 5.44 | -253.31% |
| Net Profit | 12.06 | 11.61 | 3.88% |
| EPS (₹) | 8.64 | 24.97 | -65.40% |
| EBITDA Margin (%) | 22.06% | 26.06% | -4.00% |
| ROCE (%) | 42.73% | 44.89% | -2.16% |
| Current Ratio | 1.34 | 1.18 | 16.00% |
| RoNW (%) | 34.85% | 51.52% | -16.67% |
- Shivashrit Foods Limited’s revenue from operations was ₹104.69 crores in FY25, showing a 37.35% YoY increase due to better demand for potato flakes.
- EBITDA reached ₹23.10 crores in FY25, highlighting growing operational efficiencies.
- Operating cash flow was ₹8.34 crores in FY25, a sharp decline of 253.31%. This indicates higher working capital needs or increased investments during the year.
- Net profit was ₹12.06 crores in FY25, up by 3.88%. This reflects stable profitability despite higher costs and expenses.
- EPS was ₹8.64 in FY25, showing a 65.40% drop. This decline highlights falling earnings for shareholders.
- EBITDA margin fell to 22.06% in FY25, suggesting pressure on margins from rising raw material and operational costs.
- ROCE dropped to 42.73% in FY25, but it still indicates strong efficiency in using capital.
- The current ratio improved to 1.34 in FY25, showing better liquidity and a stronger short-term financial position.
- RoNW was down to 34.85% in FY25, implying lower returns for shareholders despite revenue growth.
Shivashrit Foods IPO Risk Factors
Shivashrit Foods IPO GMP is ₹5 as of August 22, 2025 (at 16:58). It is expected to list at a 3.52% gain at a price of ₹147. However, GMP is not a safe or assured criterion to bid for an IPO. It is important to do your own analysis before investing in any IPO.
Shivashrit Foods Limited is exposed to various risk factors that can eventually affect its business and investors’ perception:
- Domestic Concentration Risk: A large part of revenue comes only from domestic markets. This exposes the company to risks related to the Indian market and changes in the domestic economy.
- Failure to Attract New Customers: Revenue comes from a varied customer base. However, failing to gain new customers or losing significant clients could affect financial results and cash flow.
- Limited Suppliers: The company relies on a small number of suppliers for raw materials and lacks long-term supply agreements. Any disruption in supply or trouble obtaining materials at competitive prices could harm operations and profits.
- Raw Material Cost: An increase in raw material costs or a lack of supply could negatively affect product pricing and supply schedules.
- Product Concentration Risk: The company depends completely on one product, potato flakes. This makes it vulnerable to market and regulatory risks. Any disruption to this product line could greatly impact profits and overall business stability.
WHY SMC
- 20 Lac+ unique clients
- 33+ Years of Serving
- Advance Technical Analysis
- Free Demat Account
Shivashrit Foods IPO: Day 1 Subscription Status
Here is the subscription status of Shivashrit Foods IPO on Day 1 (August 22, 17:31):
| Category | Shares Offered | Shares Applied | Times |
|---|---|---|---|
| QIB | 9,36,000 | 0 | 0 |
| B-HNI | 4,70,000 | 3,55,000 | 0.76 |
| S-HNI | 2,35,000 | 45,000 | 0.19 |
| Individual | 16,40,000 | 3,82,000 | 0.23 |
- On Day 1, QIB (Qualified Institutional Buyers) category received no bids, showing that institutions have not joined in yet.
- The B-HNI (Big High Net-worth Individuals) segment was subscribed to 0.76 times, indicating higher interest on the first day.
- The S-HNI (Small High Net-worth Individuals) segment had a subscription rate of 0.19 times.
- The Individual Investor category did slightly better with a 0.23 times subscription, which suggests some early participation from retail investors.
For all the insights on Shivashrit Foods IPO and detailed expert advice, you can download the SMC ACE App or visit the SMC telegram channels. Take smart decisions and apply for the Shivashrit Foods IPO easily on the SMC ACE Apply by opening free demat account now.
Frequently Asked Questions – FAQs
1. What are the Shivashrit Foods IPO dates?
The SME IPO opening date is August 22, 2025, and closes on August 26, 2025. The allotment is expected on August 28, 2025, and the tentative listing date is September 1, 2025 on NSE SME.
2. What is the price band and lot size for the Shivashrit Foods IPO?
Shivashrit Foods IPO price band is ₹135 to ₹142 per share. The lot size is 1,000 shares, and individual investors can apply with a minimum amount of ₹2,84,000.
3. How To Apply For Shivashrit Foods IPO Online?
To apply for this IPO, log on to the SMC ACE app and visit the IPO section. Select the Shivashrit Foods IPO, enter the number of lots, and choose the bid price. Submit your application and approve the mandate through your UPI app. Finally, track your application status in the app.
References:
https://shivashritfoods.com/wp-content/uploads/2025/08/RHP.pdf
https://www.investorgain.com/gmp/shivashrit-foods-ipo-gmp/1384/
https://www.ipopremium.in/view/ipo/921/shivashrit-foods-ltd-nse-sme
Author: All Content is verified by SMC Global Securities.
WHY SMC
- 20 Lac+ unique clients
- 33+ Years of Serving
- Advance Technical Analysis
- Free Demat Account
