Shreeji Global FMCG Limited IPO
Shreeji Global FMCG Limited incorporated on February 1, 2018, The company began as a sourcing and supply business for agri commodities like coriander, groundnut, and chana. Over time, operations expanded into processing activities such as cleaning, grading, sorting, and grinding to ensure quality enhancement and value addition.
Today, Shreeji Global FMCG Limited has evolved into a diversified agro-processing and FMCG enterprise, manufacturing and marketing a wide range of spices, grains, seeds, pulses, and flour under its flagship brand “SHETHJI” and through white-label partnerships.
Sales & Distribution
The company caters to both retail and bulk segments, supplying products through:
i) Own brand “SHETHJI” for domestic retail markets
ii) White-label contracts for corporate and distribution clients
iii) Direct and merchant exports, expanding its international footprint
Packaging ranges from small consumer packs (20g–500g) to bulk master packs (10kg–50kg), ensuring flexibility for diverse clients.
E-commerce & Future Plans
Shreeji Global FMCG entered e-commerce in FY2020 to serve retail consumers. However, the segment’s contribution remains small as the focus has been on exports.
The company is now evaluating digital expansion to strengthen its online presence and tap into growing demand for packaged FMCG and agri-based products.
Forward Integration and Expansion
The management plans to establish a dedicated facility for blended and ground spices, millet, and multigrain flours, including a cold storage unit for raw materials and finished goods.
The new product line will focus on value-added, health-oriented items such as millet-based flours and region-specific blended spices, targeting D2C and export markets.
Strengths and Competitive Advantages
i) Integrated Operations: End-to-end control from sourcing to packaging.
ii) Diverse Product Range: Multiple categories across spices, pulses, and grains.
iii) Quality Assurance: Standardized processing ensuring consistency and hygiene.
iv) Strong Infrastructure: Two well-equipped manufacturing units and APMC presence.
v) Scalable Model: Plans for forward integration and international expansion.
Objects of the Shreeji Global FMCG Limited IPO:
Shreeji Global FMCG Limited IPO Details:
| Open Date: | Nov 04 2025 |
| Close Date: | Nov 07 2025 |
| Total Shares: | 68,00,000 |
| Face Value: | ₹ 10 Per Equity Share |
| Issue Type: | Book Building |
| Issue Size: | 85 Cr. |
| Lot Size: | 1000 Shares |
| Issue Price: | ₹ 120-125 Per Equity Share |
| Listing At: | NSE Emerge |
| Listing Date: | Nov 12 2025 |
Promoters And Management:
Financials of Shreeji Global FMCG Limited IPO:
| Particulars | 5M FY2025-26 | FY 2024-25 | FY 2023-2024 | FY 2022-2023 |
| Revenue from Operations (Cr) | 250.39 | 648.92 | 588.22 | 467.28 |
| EBITDA (Cr) | 13.83 | 29.36 | 10.91 | 4 |
| EBITDA Margins | 5.51% | 3.13% | 1.85% | 0.85% |
| PAT (Cr) | 9.19 | 12.15 | 5.47 | 2.05 |
| PAT Margins | 3.67% | 1.87% | 0.93% | 0.44% |
| ROCE | 19.59% | 32.07% | 23.82% | 11.93% |
| Debt to Equity Ratio(In Times) | 0.76 | 1.03 | 1.47 | 2.13 |
| Operating Cash Flows | 1.69 | -0.17 | -5.64 | -5.77 |
Comparison With Peers:
| Companies | Revenue (in cr) | EBITDA Margins | PAT Margins | ROCE | D/E Ratio | MCap (in cr) | P/E |
| Shreeji Global FMCG Limited | 648.92 | 3.13% | 1.87% | 32.07% | 1.03 | 284.50 | 23.42 |
| Sheetal Universal Ltd | 106 | 13% | 8.49% | 26.20% | 0.5 | 163 | 17.5 |
| Madhusudan Masala Limited | 231 | 10% | 6.49% | - | 0.8 | 194 | 15.2 |
| Note: Forward P/E is 12.89 According to FY 26 PAT | |||||||
Lead Manager of Shreeji Global FMCG Limited IPO:
Registrar of Shreeji Global FMCG Limited IPO:
Discussion on Shreeji Global FMCG Limited IPO:
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