Shreeji Global FMCG Ltd Logo

Shreeji Global FMCG Ltd IPO

NSELot: 1600

LISTEDSME
Issue Price125
Listing100
Current113
Price Band
120 - ₹125
Lot Size
1,600
Issue Size
₹85 Cr
GMP
0
Subscription
0.42x

IPO Schedule

1
Open
4 Nov
2
Close
7 Nov
3
Allotment
10 Nov
4
Listing
12 Nov

About Shreeji Global FMCG Ltd

Shreeji Global FMCG Ltd. is an SME focused on manufacturing and distributing a range of fast-moving consumer goods (FMCG) products. They operate primarily within the [mention relevant region/market segment if available, otherwise, remove this part].

Subscription Status

QIB
0.00x
NII
0.67x
Retail
0.42x
CategoryDay 3Day 2Day 1
QIB1.64x0.49x0.00x
NII5.06x1.65x0.67x
Retail2.91x1.00x0.42x
Total3.27x1.09x0.42x

Risk Factors

SME status implies higher vulnerability to economic downturns and competitive pressures compared to larger FMCG companies.
Dependence on specific raw materials or suppliers (if applicable and further details are known) can impact profitability.
Intense competition in the FMCG sector from established national and international players.
Issue size of ₹85 Cr makes it subject to market volatility and investor sentiment towards SME IPOs.

Promoters & Management

The Board of Directors currently consists of Six (6) members, which includes One (01) Managing Director, One (01) Whole-time Director One (01) Non-Executive Women Director and Three (03) Independent Directors. The Promoters of our company are Jitendra Kakkad, Vivek Kakkad, Tulshidas Kakkad & Dhruti Kakkad. Jitendra Kakkad, aged 38 years, is the Managing Director and Promoter of our Company. He has passed his Secondary School Examination from Gujarat Secondary and Higher Secondary Education Board, Gandhinagar in the year 2002. He has been integral part to the company since its inception i.e. February 01, 2018. Prior to joining the company, he has been engaged in business of proprietary concern M/s. Shreeji Enterprise, since year 2014. He has been leading the Strategy and Business Development department of our Company since year 2018. He has more than ten years of experience in the processing and manufacturing industry. He looks after operational, financial and marketing proposals by the teams. His major roles include administering business strategies to streamline company growth and ensure smooth running of existing operations. Vivek Kakkad, aged 32 years, is the Whole-time Director and Promoter of our Company. He has passed his Secondary School Examination from Gujarat Secondary and Higher Secondary Education Board, Gandhinagar in the year 2008. He has more than seven years of experience in trading industry. He is one the key managerial person and the backbone behind the expansion of the business. Before joining our organization, he was engaged in his proprietary concern M/s. Madhav Enterprise, since year 2017.