With an estimated spice production of 12 million metric tonnes in FY 2024, India has been the largest spice producer globally. The country has also been the biggest exporter and consumer of spices. According to the reports for FY 2025, as of December 2024, India exported spices worth USD 3.36 billion to 200 worldwide destinations. Out of the 109 spice varieties listed under the International Organisation for Standardisation (ISO), India produces 75. Amidst these dominant industry trends, the ₹85.00 Crore Shreeji Global FMCG IPO is making a debut.
The company manufactures and processes spices and other related products under the brand name SHETHJI. Therefore, Stockgro has brought a detailed Shreeji Global FMCG IPO analysis that can aid in gauging the key highlights of the issue.
Shreeji Global FMCG IPO Details
Here is a comprehensive Shreeji Global FMCG IPO review that summarises the primary details of it, including the Shreeji Global FMCG IPO price, size, dates, structure and more.
| IPO Start Date | 4 November 2025 |
| End Date | 7 November 2025 |
| Face Value | ₹10 |
| Price Band | ₹120 to ₹125 per share |
| Issue size | ₹85.00 Cr |
| Lot size | 1,000 Shares |
| Sale Type | Fresh Capital |
| Offer for Sale | NA |
| Fresh Issue | ₹85.00 Cr |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE Emerge |
| Total Issue Size (₹ Cr) | ₹85.00 Cr |
| Reserved for Market Maker | ₹4.25 Cr |
| Net Offered to Public | ₹80.75 Cr |
| Minimum Investment | ₹2,50,000 |
| Employee Discount | Undisclosed |
Shreeji Global FMCG IPO Timeline
A crucial component of the Shreeji Global FMCG IPO details is the issue timeline, including the issue opening, closing and others.
| IPO Open Date | 4 November 2025 |
| IPO End Date | 7 November 2025 |
| Allotment (tentative) | 10 November 2025 |
| Initiation of Refunds | 11 November 2025 |
| Credit of Shares | 11 November 2025 |
| Listing Date (Tentative) | 12 November 2025 |
| UPI Mandate Confirmation Cut-Off Time | 7 November 2025 (5 PM) |
Shreeji Global FMCG Grey Market Premium (GMP)
Below is the Shreeji Global FMCG IPO GMP today. However, GMP is subject to change. Therefore, stay tuned for the latest take.
| Date | GMP (₹) | Estimated Listing Price |
| 23 October 2025 | 0 | ₹125 |
Shreeji Global FMCG IPO Reservation
After understanding the Shreeji Global FMCG IPO lot size, date, price and others, let us now explore the shares offered to various investor categories.
| Category | %Shares Offered |
| Market Maker | 5.00% (3,40,000 shares) |
| QIB | 28.50% (19,38,000 shares) |
| NII | 19.94% (13,56,000 shares) |
| Retail Shares Offered | 46.56% (31,66,000 shares) |
| Total | 100.00% (68,00,000 shares) |
Shreeji Global FMCG IPO Key Performance Indicators
The financial metrics can aid in analysing the Shreeji Global FMCG SME IPO GMP today. Optimal fundamental analysis is essential for investment decision-making.
| Particulars | 31 March 2025 | 31 March 2024 | 31 March 2023 |
| ROE | 51.74% | 41.54% | 28.66% |
| ROCE | 32.07% | 23.82% | 11.93% |
| Debt to Equity Ratio | 1.03 | 1.47 | 2.13 |
| RoNW | 41.11% | 31.44% | 22.95% |
| PAT Margin | 1.87% | 0.93% | 0.44% |
| EBITDA Margin | 3.13% | 1.85% | 0.85% |
| Pre-Bonus EPS (Basic and Diluted) | 21.32 | 12.55 | 5.60 |
| Post-Bonus EPS (Basic and Diluted) | 7.61 | 3.74 | 1.47 |
Shreeji Global FMCG IPO Financials
The Shreeji Global FMCG share price might be influenced by the financial performance of the company. Therefore, both fundamental and technical analysis contribute significantly to the issue performance.
| Particulars | 31 March 2025 | 31 March 2024 | 31 March 2023 |
| Revenue | 64892.15 | 58,822.56 | 46,728.56 |
| Total Asset | 11,705.87 | 11,739.24 | 5,998.02 |
| Profit | 1215.13 | 547.26 | 205.23 |
(Amount in ₹ Lakhs)
Shreeji Global FMCG IPO Lot Size
The next key Shreeji Global FMCG IPO details, India, is its lot size.
| Application | Lot Size | Shares | Amount(in ₹) |
| Individual investors (Retail) (Min) | 2 | 2,000 | 2,50,000 |
| Individual investors (Retail) (Max) | 2 | 2,000 | 2,50,000 |
| S-HNI (Min) | 3 | 3,000 | 3,75,000 |
| S-HNI (Max) | 8 | 8,000 | 10,00,000 |
| B-HNI (Min) | 9 | 9,000 | 11,25,000 |
Shreeji Global FMCG IPO Promoter Holding
The promoter holding patterns form the next key Shreeji Global FMCG IPO details that must be discussed.
| Promoter Holding Pre-Issue | 99.99% |
| Promoter Holding Post Issue | 70.12% |
The promoters of Shreeji Global FMCG IPO are:
- Jitendra Kakkad
- Tulshidas Kakkad
- Dhruti Kakkad
- Vivek Kakkad
Shreeji Global FMCG IPO Anchor Investors Details
This section encompasses the anchor investor details of the Shreeji Global FMCG IPO.
| Bid Date | 3 November 2025 |
| Anchor Portion Size (In Cr.) | 14.53 |
| Shares Offered | 11,62,000 |
| 50% shares have an Anchor lock-in period ending in 30 days | 10 December 2025 |
| 50% shares have an Anchor lock-in period ending in 90 days | 8 February 2026 |
Shreeji Global FMCG IPO Prospectus
To know more about the Shreeji Global FMCG IPO, explore its offer documents.
About Shreeji Global FMCG
Incorporated as Shreeji Agri Commodity Private Limited on 1 February 2018, the company manufactures and processes ground and whole spices, grains, pulses, seeds, and atta (flour). Depending on requirements, the company sells its products under its own brand or an unbranded bulk package. The brand name SHETHJI, along with the white label (brand logo), is used for branded sales. Discussed below is its revenue bifurcation.
| Tenure | CorporateClients | Export | WholesaleDistributors | Other Retail Clients |
| 2023-24 | 20561.51 | 2151.46 | 36103.96 | 5.63 |
| 2024-25 | 22683.14037 | 5764.76 | 36437.88 | 6.36 |
| 2025-26 (Till 31.08.2025) | 8752.45 | 2726.30 | 13555.34 | 5.38 |
(Amount in ₹ Lakhs)
The company has recorded only B2B sales over the fiscal years recorded in the offer documents. The company offers a packaging range from 20 grams to 40 kilograms through their two strategically located manufacturing facilities.
Objectives of the Shreeji Global FMCG IPO
The objectives of the Shreeji Global FMCG IPO are discussed here.
| Fund Utilisation | Amount (in ₹ Lakhs) |
| Capital expenditure for the factory | 567.41 |
| Capital expenditure on cold storage, plant, and machinery | 2900.76 |
| Capital expenditure on solar power used for internal consumption | 424.80 |
| Working capital | 3354.00 |
| General corporate needs | Undisclosed |
Strengths Of Shreeji Global FMCG IPO
- Geographic Advantage: The business is strategically located in the key agricultural regions of Rajkot and Gondal in Gujarat. Moreover, the production facilities are in proximity to each other and the Agricultural Produce Market Committees.
- Timeless Demand: The demand for Indian spices in domestic and international markets continues to grow steadily. Moreover, the industry trends of the Indian spice market show a positive trajectory.
- Wide Range of Product Portfolio: The brand sells different products, ranging from ground and whole spices to atta, seeds, pulses, etc. Moreover, the package size is diverse too.
- Customer Base: While the business is predominantly involved in B2B. The customer base is diversified across wholesale distributors, export buyers, individual retailers, and corporate clients.
Risk of Shreeji Global FMCG IPO
- Dependent on the Agricultural Sector: The company uses the output of the agricultural sector as raw materials. Any rise in agricultural prices or an unfavourable occurrence can impact the business.
- Regional Dependence: A major portion of the business is centred in Gujarat. Therefore, any adverse impact on the business here can impact the operations and profitability.
- Industry Competition: The market is highly competitive. Any rise in competitiveness, like pricing pressure or new market entrants, can impact the business.
- New Market Segment: The company is entering the new market segment of mixed spices. Entering a new space comes with its own inherent challenges and risks.
Bottomline
Shreeji Global FMCG operates in the Indian spice market, which maintains a healthy industry trajectory. Moreover, the company has diversified across product portfolio, customers and branding techniques, reducing the dependency on any specific segment and expanding the opportunities. Understanding the Shreeji Global FMCG IPO GMP, along with other IPO details, is key. The Shreeji Global FMCG IPO is launching on 4 November 2025, with a total issue size of ₹85.00 Crore.
The company has certain risks as well. Therefore, optimal analysis before the IPO closes on 7 November 2025 is essential for successful investing.
Other Recent IPO List
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| Midwest IPO | SK Minerals IPO |
| Sihora Industries IPO | Anantam Highways Trust IPO |
| Canara HSBC Life IPO | Canara Robeco IPO |
Shreeji Global FMCG IPO FAQs
Shreeji Global FMCG manufactures and processes spices and other related items. The IPO comprises of fresh issue worth ₹ 85 Crore. The IPO is set to open and close on 4 November and 7 November 2025, respectively.
Investors can easily utilise Zerodha to apply for the Shreeji Global FMCG IPO, using a few steps. First, log in to the Zerodha website or app, go to ‘bids’, select ‘Shreeji Global FMCG IPO’, and click on ‘apply’. Next, pick the number of lots to apply, submit the form, and make a payment.
The Shreeji Global FMCG IPO is set to open and close on 4 November 2025 and 7 November 2025, respectively.
The lot size of the Shreeji Global FMCG IPO is 1000 shares. The price range is between ₹120 and ₹125 per share.
Getting a demat account is the first step to an IPO investment. Therefore, to invest in the Shreeji Global FMCG IPO, investors must first open a demat account with a reliable broker, like Zerodha. Once a demat account is made, specify the bid details and make a payment to invest.
The Shreeji Global FMCG IPO closes on 7 November 2025. Post the IPO close, the tentative allotment date is 12 November 2025.
The tentative listing date of the Shreeji Global FMCG IPO is 12 November 2025. The UPI mandate closes at 5 PM on 7 November 2025.
