Shreeji Global FMCG IPO: Key Details and Analysis
The Shreeji Global FMCG IPO is a Book Built Issue comprising solely a Fresh Issue of equity shares. The company is involved in the manufacturing, processing, and trading of a diverse range of agro-based commodities and Fast-Moving Consumer Goods (FMCG), primarily spices, oilseeds, grains, and pulses, marketed under its brand “SHETHJI.”
About the Company
Shreeji Global FMCG Ltd., originally incorporated as Shreeji Agri Commodity Private Limited in February 2018, subsequently became a public limited company and adopted its current name on 23 January 2025. Head-quartered in Rajkot, Gujarat, the company is engaged in manufacturing and processing of whole and ground spices, seeds, grains, pulses and flour, under its proprietary brand “SHETHJI” and also via white-label contracts for bulk buyers.
Its product portfolio covers cleaning, grading, sorting, grinding and packaging of items such as cumin, coriander, turmeric, red chilli powder, sesame seeds, flour etc. The company also exports to 26 countries including the USA, UAE, Malaysia etc.
Shreeji Global FMCG IPO Details
| Particular | Details |
| IPO Open Date | November 4, 2025 (Tentative) |
| IPO Close Date | November 7, 2025 (Tentative) |
| Total Issue Size | ₹85.00 Crores |
| Issue Type | Fresh Issue (68,00,000 equity shares) |
| Price Band | ₹120 to ₹125 per equity share |
| Face Value | ₹10 per share |
| Listing At | NSE SME |
| Minimum Lot Size | 1,000 shares |
| Minimum Retail Investment | 2,000 shares (₹2,50,000 at the upper price band) |
| Tentative Listing Date | November 12, 2025 |
Company Overview and Business Model
- Product Portfolio: The company offers a wide range of products including whole and ground spices (e.g., cumin, coriander, turmeric, red chilli), oilseeds, grains, pulses, and wheat flour. Products are sold under the “SHETHJI” brand and through white-label arrangements.
- Operations: It runs manufacturing and processing facilities in Rajkot and Morbi, Gujarat, and also imports certain agro commodities.
- Financial Performance (FY2025 vs. FY2024): The company reported impressive growth, with revenue increasing by about 11% and Profit After Tax (PAT) soaring by approximately 122%.
Objects of the Issue
The net proceeds from the IPO will be utilized primarily for:
- Capital Expenditure for a new factory premises.
- Purchase of Plant, Machinery & Cold Storage units.
- Installation of a Solar Power unit for internal consumption.
- Meeting Working Capital requirements.
- General corporate purposes.
Should You Consider Applying?
If you are:
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Comfortable with SME-segment listing risks,
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Believing in the growth of India’s agro-processing/FMCG segment especially spices & seeds,
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Prepared to hold for medium term (3-5 years) rather than immediate flip,
then the Shreeji Global FMCG IPO could be worth considering. If, however, you’re seeking high margin, high-brand, fully scaled FMCG companies, then caution is advised given the business’ current size, margins and listing segment.
Conclusion
The Shreeji Global FMCG Ltd. IPO presents an interesting opportunity in the agro/ pice/FMCG SME space with growth ambitions, export exposure and capacity expansion. The modest valuation, decent business fundamentals and timing ups the interest factor, but like all SME IPOs, it carries liquidity and execution risk. Investors’ suitability and risk appetite should guide their application decision.
