The price band is set between Rs 120 and Rs 125 per share. The minimum lot size for retail investors is 2,000 shares, requiring a minimum investment of Rs 2.5 lakh at the upper price band.
Interactive Financial Services is the book-running lead manager, while MUFG Intime India is the registrar to the issue. BN Rathi Securities and Svcm Securities are the market makers. Ahead of the public issue, the company raised Rs 14.53 crore from anchor investors by allotting 11.62 lakh shares at the upper price band of Rs 125 per share.
Company overview
Shreeji Global FMCG is a fast-growing player in the food and spice segment, offering a wide range of products under the brand “SHETHJI.” Its portfolio includes ground and whole spices, seeds, grains, pulses, flours, and blended products.The company operates two manufacturing facilities in Rajkot and Morbi (Gujarat) and imports key ingredients like cloves, coriander seeds, cassia, and coconut from Vietnam, Sri Lanka, Singapore, and the UAE. The imported and domestic ingredients are processed and packaged at its in-house facilities before being distributed to both retail and corporate clients across India.
Its customer base includes individual traders, small enterprises, and large corporates, while the products are available in multiple packaging options ranging from 20 grams to 40 kilograms, catering to a wide range of consumer needs.
Financial performance
Shreeji Global FMCG has shown consistent growth in the last three years. Revenue grew by 11% in FY25 to Rs 650.85 crore, up from Rs 589 crore in FY24. The company’s profit after tax (PAT) surged 122% YoY to Rs 12.15 crore in FY25 from Rs 5.47 crore a year ago.For the five months ended August 31, 2025, the company reported revenue of Rs 251.18 crore and a net profit of Rs 9.2 crore.
Use of proceeds
The net proceeds from the IPO will be used for setting up a new factory premises, investment in plant, machinery, and cold storage units, installing a solar power system for internal consumption, working capital requirements and general corporate purposes.
This expansion is expected to enhance production capacity, reduce power costs, and improve overall supply chain efficiency. While the company has not reported a formal grey market premium (GMP) yet, early signals from the SME space suggest a moderate positive sentiment.
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