Sarveshwar Foods IPO

Sarveshwar Foods IPOBusiness description - Sarveshwar Foods is primarily engaged in the business of processing and marketing of branded and un-branded basmati and non-basmati rice in the domestic and international markets. Its operations are based out of the Jammu Region in the State of Jammu and Kashmir. In addition to its home state, the company procures Basmati and non-Basmati paddy from Punjab, Haryana, Himachal Pradesh, Uttar Pradesh and Delhi.

Besides conventional Basmati and non-Basmati rice, the company has also forayed into procurement, storage, milling, sorting, packaging, branding and distribution of "Organic" Basmati and non-Basmati rice. The "Organic" business also includes organic food products such as dry fruits and nuts, pulses, lentin, flours, porridge, spices, garam masalas and super foods like chia seeds, flax seeds, quinoa seeds, etc. The company markets and distributes these organic food products under its brand "Nimbark".

Promoters of Sarveshwar Foods – Mr Rohit Gupta

Sarveshwar Foods IPO details
Subscription Dates5 - 7 March 2018
IPO Price bandINR83 - 85 per share
Fresh issue 6,467,200 shares (INR53.68 crore)
Offer for sale Nil
Total IPO size6,467,200 shares (INR53.68 crore)
Minimum bid (lot size)1,600 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnNSE Emerge SME platform
Use of funds
  • Working Capital Requirement - INR30 crore
  • Investment in subsidiary Himalayan Bio Organics Pvt. Limited - INR15 crore
Sarveshwar Foods'  financial performance (in INR crore)
FY2013FY2014FY2015FY2016FY2017Q1 FY2018
Total revenue27.8123.5143.2161.0208.072.5
Total expenses21.8114.6134.0154.9192.268.1
Profit after tax5.
Sarveshwar Foods' Contact Details

Sarveshwar Foods Limited
Sarveshwar House
Below Gummat
Jammu 180 001

Phone: +91 191 2547391
Email: [email protected]

Sarveshwar Foods IPO Subscription Details
DaySubscription (no. of times)
Day 10.13
Day 20.47
Day 31.56
Sarveshwar Foods Valuation (Latest FY)

Earnings Per Share (EPS): INR7.16

Price/Earnings (P/E) ratio: 11.59 - 11.87

Return on Net Worth (RONW): 18.46%

Net Asset Value (NAV): INR38.75 per share

Registrar of Sarveshwar Foods IPO

Bigshare Services Private Limited 
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E)
Mumbai – 400 072

Phone: +91 22 4043 0200 
+91 22 2847 5201
 [email protected]

Sarveshwar Foods IPO Allotment Status

Sarveshwar Foods IPO allotment status is now available on Bigshare Services' website. Click on this link to get allotment status.

Listing performance of Sarveshwar Foods

IPO Opening Date: 5 March 2018

IPO Closing Date: 7 March 2018

Listing Date: 15 March 2018

Listing Price on NSE SME: INR83 per share (down 2.35% from IPO price)

Closing Price on NSE SME: INR70.55 per share (down 17% from IPO price)

Rate this post

5 thoughts on “Sarveshwar Foods IPO

  • March 15, 2018 at 3:48 PM

    has the refund been initiated ?

  • March 6, 2018 at 6:57 PM

    only .40 times subscribe till 2nd day… worth investing company……….

  • March 5, 2018 at 7:36 PM

    Great company, great financials. Share price will surely double in next 3-4 months.

  • March 5, 2018 at 9:00 AM

    This is a good company worth investing and valuations are just right. Mint money …

  • February 27, 2018 at 10:44 PM

    Food is always good
    PE ratio is attractive


Leave a Reply

Your email address will not be published. Required fields are marked *