Sheetal Cool Products Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

16 Oct 2017

Close Date

18 Oct 2017

Allotment

24 Oct 2017

Listing Date

30 Oct 2017

Exchange

NSE & BSE

Price Band

₹80

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹80

Per share

Face Value

₹10 per share

Lot Size

1,600 Shares

per lot

Issue Size

30,00,000 shares (aggregating up to ₹24.00 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹128,000

1 lot

Pre-IPO Holding

75,00,000 shares

Promoters

Post-IPO Holding

1,05,00,000 shares

Promoters

UPI Deadline

2017-10-18

Mandate

Anchor AllotmentSun, 15 Oct 2017

Basis of AllotmentTue, 24 Oct 2017

Refund InitiationWed, 25 Oct 2017

Demat CreditWed, 25 Oct 2017

Listing DayMon, 30 Oct 2017

UPI Mandate Deadline2017-10-18

Sale TypeFresh Capital

Net Offer to Public28,32,000 shares (aggregating up to ₹22.66 Cr)

Market Maker Quota1,68,000 shares (aggregating up to ₹1.34 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

NSE ListingView on NSE →

BSE ListingView on BSE →

Check AllotmentClick here →

Subscription Rate Final

Sheetal Cool Products Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 18 Oct 2017.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	168,000	—	₹1.34
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	3,000,000	100%	₹24.00

IPO Shares Offered

Sheetal Cool Products Ltd. IPO total issue size: ₹24.00 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	168,000	₹1.34	5.60%
Total	3,000,000	₹24.00	100.00%

* Based on upper price band ₹80 per share

Lot Size & Investment

Lot Size

1,600

Shares per Lot

Issue Price

₹80.00

Upper Band

Min Investment

₹128,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	3,200	₹256,000
Retail (Max — 13 Lots)	13	20,800	₹1,664,000
S-HNI (Min — 14 Lots)	14	22,400	₹1,792,000
B-HNI (Min — 68 Lots)	68	108,800	₹8,704,000

* Issue Price ₹80 × Lot Size 1,600 shares

IPO Schedule

Anchor

15 Oct 2017

✓ Done

IPO Open

16 Oct 2017

✓ Done

IPO Close

18 Oct 2017

✓ Done

Allotment

24 Oct 2017

✓ Done

Refunds

25 Oct 2017

✓ Done

Demat Credit

25 Oct 2017

✓ Done

Listing Day

30 Oct 2017

✓ Done

₹80.00

INR · BSE

Fetching…

vs Issue Price

—

OPEN

—

HIGH

—

LOW

—

MKT CAP

—

P/E

—

52W HIGH

—

52W LOW

—

VOLUME

—

DIVIDEND

—

DIV YIELD

—

Loading…

Chart Not Available

Try again 2–3 days after listing.

Issue ₹80.00 Live Price

About Sheetal Cool Products Ltd.

Incorporated in 2000, Sheetal Cool Products Ltd is Gujrat based company involved in producing and processing of milk and milk products, snacks and bakery items. The product involve Ice-cream, milk & milk products, mango ras, lassi, curd, flavoured milk, masko, wafers, namkeen, fryums and bakery products. Company sells its product under the brand name 'Sheetal'.Company has its manufacturing unit located at Amreli, Gujarat. Company has 22 employees (including skilled, semi-skilled) and 275 personnel on contract basis.

Objects of the Issue

To purchase additional plant & machineries at the existing manufacturing facility at Amreli, Gujarat

Funding of working capital requirements of the Company

General Corporate Expenses

Issue Expenses

Sheetal Cool Products Ltd. Financials (Amount In Lakhs)

Revenue from Operations

₹12,528.0

31-Mar-2016

₹15,462.9

31-Mar-2017

₹4,934.9

30-Jun-2017

Profit After Tax (PAT)

₹196.2

31-Mar-2016

₹205.9

31-Mar-2017

₹58.4

30-Jun-2017

Particulars	30-Jun-2017	31-Mar-2017	31-Mar-2016
Revenue from Operations	4934.88	15462.88	12527.96
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	58.41	205.85	196.16
Net Worth	877.06	818.65	612.80
Total Assets	5123.76	4604.36	2320.49
Reserves & Surplus	377.06	318.65	112.80
Borrowings	1201.31	1140.99	423.33
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered30,00,000 (100.00%)

Net Offer to Public28,32,000 shares (aggregating up to ₹22.66 Cr)

Reserved for Market Maker1,68,000 shares (aggregating up to ₹1.34 Cr)

Pre-Issue Promoter Holding75,00,000 shares

Post-Issue Promoter Holding1,05,00,000 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeSCPL-EQ

Registrar & Lead Managers

IPO Registrar

KARVY COMPUTERSHARE PRIVATE LIMITED

04067162222, 04079611000

einward.ris@karvy.com

https://ipostatus.kfintech.com/

Check Allotment

Book Running Lead Managers

GUINESS CORPORATE ADVISORS PRIVATE LIMITED

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Sheetal Cool Products Ltd. IPO subscribed? ▲

Sheetal Cool Products Ltd. IPO is subscribed 1.00 times by Oct 18, 2017. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Sheetal Cool Products Ltd. IPO retail subscription status? ▼

The Sheetal Cool Products Ltd. IPO retail category is subscribed 1.00 times as of 18 Oct 2017. The retail portion is oversubscribed.

How to subscribe Sheetal Cool Products Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 16 Oct 2017 and closes 18 Oct 2017. Min investment: ₹128,000 (1 lot = 1,600 shares). UPI mandate: 2017-10-18.

How many times Sheetal Cool Products Ltd. IPO subscribed? ▼

The Sheetal Cool Products Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Sheetal Cool Products Ltd. IPO allotment? ▼

Check allotment on the registrar website (KARVY COMPUTERSHARE PRIVATE LIMITED) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 24 Oct 2017. Refunds: on 25 Oct 2017.

When Sheetal Cool Products Ltd. IPO will be listed? ▼

The Sheetal Cool Products Ltd. IPO listing date is 30 Oct 2017, Monday. Listed on: NSE & BSE. Issue price: ₹80. Estimated listing: ₹80. GMP: NIL.

When Sheetal Cool Products Ltd. IPO close? ▼

The Sheetal Cool Products Ltd. IPO closes on 18 Oct 2017, Wednesday. UPI mandate: 2017-10-18. Allotment: 24 Oct 2017. Listing: 30 Oct 2017.

Quick Actions

Check Allotment

Live Price LIVE

Last Price₹80.00

Change—

Issue Price₹80.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹80

Face Value₹10

Lot Size1,600 Sh

Min. Amount₹128,000

GMPNIL

Est. Listing₹80

Subscribed1.00x

Open Date16 Oct 2017

Close Date18 Oct 2017

Allotment24 Oct 2017

Listing Date30 Oct 2017

ExchangeNSE & BSE

UPI Deadline2017-10-18

Script CodeSCPL-EQ