Shreeji Global FMCG IPO

About Shreeji Global FMCG IPO

The IPO of Shreeji Global FMCG comprises a fresh issue of up to 68,00,000 equity shares. There’s no offer for sale in this IPO, which is a 100% book-built issue. The price band is ₹120-₹125 per share and the lot size is 1000. The IPO opens on November 4, 2025 and closes on November 7, 2025.

The listing date is on November 12, 2025 and the allotment date is on November 10, 2025. The credit of shares to the Demat account will take place on November 11, 2025, while the initiation of refund will also be on November 11, 2025.

Shreeji Global FMCG is engaged in the manufacturing and processing of ground & whole spices, seeds, grains & pulses and atta (flour). The products are marketed under its brand name “SHETHJI” and under white label (customers logo). Its product portfolio includes a wide range of whole spices, ground spices, oilseeds, flour and pulses, which are processed at its facility using standardised techniques.

Objectives of Shreeji Global FMCG IPO

The company proposes to utilise the proceeds for:

• Capital expenditure for factory premises
  
• Capital expenditure for purchase of machineries & cold storages facility
  
• Capital expenditure for solar power for internal consumption
  
• Working capital requirement
  
• General corporate purpose
  

Industry Outlook

India is the world’s largest spice producer. It is also the largest consumer and exporter of spices. The production of different spices has been growing rapidly over the last few years. The production of spices in FY24 was estimated at 12 million metric tonnes. Whereas production in FY23 stood at 11.14 million tonnes compared to 11.12 million tonnes in FY22. During FY23, the export of spices from India stood at US$ 3.73 billion from US$ 3.46 billion in FY22.

India is the largest exporter of spice and spice items. During FY24 the country exported spices worth US$ 4.46 billion. In FY25 (until December 2024) India exported spices worth ₹29,016 crores (US$ 3.36 billion). The export of spices and spice products from India crossed an all-time high in FY 2023-24.

As per the provisional estimate, during 2023-24, India exported 15,39,692 MT of spices and spice products valued at ₹36,958.80 crores (4,464.17 million US$) as compared to 14,14,254 MT valued US$ 3969.79 million (₹31898.64 crores) of the same period of last year. Compared to previous year, the Indian spices export increased by nine per cent in quantity terms, 16 per cent in rupee terms of value and 12 per cent increase in dollar terms of value.

Company Information

Shreeji Global FMCG is engaged in the manufacturing and processing of ground & whole spices, seeds, grains & pulses and atta (flour). Its products are marketed under its brand name “SHETHJI” and under white label (customers logo). Its product portfolio includes a wide range of whole spices, ground spices, oilseeds, flour and pulses, which are processed at its facility using standardised techniques.

It’s engaged in the manufacturing of Ground (powdered) spices through a structured sequence of cleaning, grading, sorting, and grinding, aimed at delivering a consistent and stable range of spice powders & seed.

Strengths of Shreeji Global FMCG

• Strategic geographic advantage
  
• Timeless demand for Indian spices along with the adaptable business model
  
• Wide range of product portfolio
  
• Diversified customer base contributes to greater business stability
  
• Experienced promoters and strong leadership team
  

Risks of Shreeji Global FMCG

• Dependence on agricultural raw materials may impact business operations
  
• Adverse developments in branded or white label operations could impact business
  
• The company is dependent on suppliers and weather-dependent agricultural produce, exposing it to risks of supply disruptions and quality inconsistencies
  
• Dependence on whole seeds segment may impact business performance
  
• Non-compliance with food safety, quality, and packaging regulations may adversely affect operations
  

Anchor Investor Bidding Date

Anchor portion of the IPO opens for bidding on November 3, 2025.

IPO Registrar and Book Running Lead Manager

• IPO Registrar: MUFG Intime India
• Book Running Lead Manager: Interactive Financial Services

Shreeji Global FMCG Business Model

The product line of Shreeji Global FMCG consists of channa, cumin seeds (jeera), coriander seeds, sesame seeds, groundnut, kalonji seeds, fennel seeds, coriander powder, red chilli powder and turmeric powder.

In parallel with its branded product line, it’s also involved in the supply of whole spices and food grains, which are sold with client brand (white label) in different sizes of bulk quantities for the customers having their own distribution channel.

Shreeji Global FMCG Growth Trajectory

The revenue from operations of Shreeji Global FMCG grew from ₹467.2856 crores in FY 23 to ₹648.9215 crores in FY 25, while EBITDA margin grew from 0.85% in FY 23 to 3.13% in FY 25. Strategic geographic advantage and a wide range of product portfolio have helped the company grow over the years.

Shreeji Global FMCG Market Position

The customer base Shreeji Global FMCG ranges from individual traders and small businesses to larger corporate entities, reflecting its ability to adapt to varying order volumes and specifications. Along with its registered office at Rajkot, the company operates two branch offices within key agricultural produce market committees (APMCs) in Rajkot and Gondal.

These branches provide it with direct market access, enhanced bargaining power, and lucrative sourcing advantages, allowing it to procure raw materials at competitive rates.

How to Check Allotment Status of Shreeji Global FMCG IPO?

1. Visit the Registrar’s Website

• Visit the website of MUFG Intime India
  
• Choose ‘Public Issues’ from Investor Services dropdown
  
• Choose the name of the company from ‘Select Company’ dropdown
  
• Enter any of these - PAN Number, Application Number, DP/Client ID, Account Number / IFSC
  
• Click on Submit to check the status
  

2. Check on the National Stock Exchange Website

The National Stock Exchange (NSE) has an IPO bid verification module. You can use it to check the status of Shreeji Global FMCG. Go to the NSE website and find the 'Invest' tab. Click on 'Verify IPO Bids' under 'Resources & Tools'. On the NSE IPO Bid Verification page, enter:

• Company name from dropdown
  
• Application number
  
• PAN
  

Then click 'Submit' to know the allotment status.

How to Apply for the Shreeji Global FMCG IPO?

• Log in to your Kotak Securities Demat account - Log in to your Demat account to access IPO investments. Next, select the current IPO section.
  
• Specify IPO details - Enter the number of lots and the price you wish to apply for.
  
• Enter UPI ID - After entering your UPI ID, click submit. This will place your bid with the exchange.
  
• Mandate Notification - Your UPI app will receive a mandate notification to block funds.
  
• Approve Request - Your funds will be blocked once you approve the mandate request on your UPI.