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Sheetal Universal Limited IPO Subscriptions Status Live Today

 

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Sheetal Universal Limited IPO

December 04, 2023 - December 06, 2023 Closed

Sheetal Universal Limited IPO Details

Issue Open

04 December 2023

Issue Close

06 December 2023

IPO Price

₹70 per equity share

Face Value

₹10 per equity share

IPO Size

₹23.80 Cr.

Listing At

NSE, SME

IPO Lot Size

2000 Shares

IPO Investor Categories

·   Qualified Institutional Buyers (QIB)- Qualified Institutional Buyers (QIBs) are typically large, financially sophisticated investors, such as mutual funds, insurance companies, pension funds, and hedge funds, who are considered to have the expertise and resources to evaluate investment opportunities. QIBs must meet certain financial criteria set by the Securities and Exchange Board of India (SEBI) to participate in an IPO. They are allowed to bid for shares at a price lower than the price at which shares are offered retail investors.

· Non-Institutional Investors (NII) - Non-Institutional Investors (NIIs), on the other hand, are typically individual investors, High Net Worth Individuals (HNIs), or corporate bodies who do not meet the financial criteria to be classified as QIBs. They are allowed to participate in an IPO at the same price as retail investors.

NII category has two subcategories:

1. sNII - "sNII" stands for "Small Non-Institutional Investor." This subcategory includes investors who have bid for shares worth between Rs. 2 lakhs and Rs. 10 lakhs in an IPO.

 

2. bNII - "bNII" stands for "Big Non-Institutional Investor." This subcategory includes investors who have bid for shares worth more than Rs. 10 lakhs in an IPO.


·  Retail Individual Investors (RII) - Retail Individual Investors (RIIs) are individual investors who apply for shares worth up to Rs. 2 lakhs in an IPO to encourage retail participation in the IPO process.

 

· Employee (EMP)- The Employee (EMP) category in an IPO is reserved for the employees, directors, and business associates of the issuer company, and the issuer company and the lead manager of the IPO determine the allocation of shares to this category.


· Others- A category of eligible shareholders or other investors with a reserved IPO quota. 

Frequently Asked Question

Closing date of sheetal universal limited is December 06, 2023.
Pre-issue shareholding of the Sheetal Universal Limited IPO promoter is 95%.
You will receive on Sheetal Universal Limited IPO shares in your Demat account on December 07, 2023, if allotted.
If you do not get the allotment of on Sheetal Universal Limited IPO products, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
Opening date of Sheetal Universal Limited IPO is December 04, 2023.
Sheetal Universal Limited IPO shares will get listed on December 11, 2023.
Post-issue shareholding of the Sheetal Universal Limited IPO promoter is [.]%.
Sheetal Universal Limited IPO is the initial public offering of shares of Sheetal Universal Limited IPO, a company that specializes in manufacturing writing instruments.
The eligibility of foreign investors depends on the company's policies and regulatory requirements. Refer to the prospectus for specific details regarding foreign investor participation.
Sheetal Universal Limited IPO share price ₹70 per share.
Payments for IPO shares can be made using various modes, such as UPI, ASBA (Application Supported by Blocked Amount), or online banking. Check the IPO prospectus for specific details.
IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in SVS Limited IPO using any neatest method at your convenience.
Lot size of the Sheetal Universal Limited IPO is 2000 shares.
The face value of Sheetal Universal Limited IPO is ₹10 per share.
The meaning of "Sheetal Universal Limited IPO GMP today" is the Grey Market Premium (GMP) for the initial public offering (IPO) of Sheetal Universal Limited IPO on the current day.
Sheetal Universal Limited IPO Shares will be listed at NSE SME.
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