Submit

Sheetal Cool Products Ltd IPO

Sheetal Cool Products Ltd

Issue Open

Oct 16, 2017

Price Band

₹ 80

Issue Size

₹ 24.00 Cr

Credit of Shares to Demat

-

Issue Close

Oct 18, 2017

Bid Lot

Listing Exchange

BSE SME

Cut off time for UPI Mandate Confirmation

-

Issue Type

Fixed Price Issue IPO

Minimum Order Quantity

Allotment Details

-

Face Value

Rs 10 Per Equity Share

Listing On

Oct 30, 2017

Refunds

-

About the company:

 

It is involved in production and processing of milk products, snack and backery items. IT sells the product under the brand name “Sheetal”. The company has 22 employees and its products are ISO 22000:2005 & ISO 9001:2015 certified.

 

Date of establishment: Sheetal Cool Products Limited was established in 2000

 

 

Product & Service Offering: Company sells Ice-cream, milk & milk products, mango ras, lassi, curd, flavoured milk, masko, wafers, namkeen, fryums and bakery products etc.

 

 

Promoters of Sheetal Cool Products ltd.: Company’s promoter are
-     Bhupatbhai D Bhuva
-     Dinesh Kumar D Bhuva
-     Sanjay D Bhuva
-     Naynaben B Bhuva
-     Kajalben D Bhuva
-     Asmitaben S Bhuva 

 

Customer segment: Retail customers in Gujrat, Rajasthan and Maharashtra.

 

Objects of the Issue: The objects of the Offer is to:-
-     To Finance Working capital requirement
-     To Finance General corporate expense
-     To Finance issue expenses

 

Company Financials:

 

Sheetal Cool Products financial performance (in INR crore)

   

FY2014

FY2015

FY2016

FY2017

Q1 FY2018

Total Assets

 

13.09

15.55

23.20

46.04

51.23

Total revenue

 

6.4

44.9

125.3

154.6

49.3

Total expenses

 

7.0

44.9

122.9

151.5

48.5

Profit after tax

 

-1.0

0.1

2.0

2.1

0.6

 

 

FAQ’s

Can I trade an IPO through a Discount Broker?

What are the benefit of buying & selling IPOs through a discount broker?

How is it possible to trade an IPO through a discount broker when SEBI has made mandatory to buy an IPO through ASBA?

How can I buy and sell IPO through a discount broker?

What documents are required to open an account with Samco?