Shreeji Global FMCG Ltd IPOSHETHJI

The IPO opens on 04 Nov 2025 & closes on 07 Nov 2025.

Shreeji Global FMCG Limited was originally incorporated as 'Shreeji Agri Commodity Private Limited', on February 01, 2018 , with the Registrar of Companies, Central Registration Centre. Subsequently, it was converted into a public limited Company and upon conversion, the Company's name was changed to 'Shreeji Agri Commodity Limited via fresh Certificate of Incorporation issued by the RoC, Central Processing Center on August 19, 2024. Thereafter, the name changed to 'Shreeji Global FMCG Limited' and a fresh Certificate of Incorporation was issued by the Central Processing Centre, on January 23, 2025. Company is engaged in, the manufacturing and processing of ground & whole spices, seeds, grains & pulses and Atta (Flour). It is further engaged in the manufacturing of Ground (powdered) spices through a structural sequence of cleaning, grading, sorting, and grinding a consistent and stable range of spice & seed powders. Product line includes channa, cumin seeds (jeera), coriander seeds, sesame seeds, groundnut, kalonji seeds, fennel seeds, coriander powder, red chilli powder, and turmeric powder. Each of these products is handled under defined quality parameters to ensure uniformity in texture, aroma, and shelf life. In addition to the existing product line, Company also involved in supply of whole spices and food grains, which are sold with client brand (white label) in different sizes & bulk quantities for customers having own distribution channel. While the main focus remain in manufacturing and processing, it also import certain agri commodities such as wheat, cumin seeds, and coriander from other countries to meet raw material requirements. This enables Company serving the market division including wholesalers, retailers, institutional buyers and regional distributors. These operations are supported by a supply chain including sourcing, processing, grinding, packaging and distribution. Company is proposing the fresh issue of 68,00,000 Equity Shares through IPO having the face value of Rs 10 per share.

Shreeji Global FMCG Ltd IPO will close on 07 Nov 2025.

<ul><li>Strategic Geographic Advantage.</li><li>Timeless Demand for Indian Spices along with the Adaptable Business Model.</li><li>Wide range of Product Portfolio.</li><li>Diversified Customer Base contributes to greater business stability.</li><li>Experienced Promoters and Strong Leadership Team.</li></ul>

<table class="table"> <thead> <tr> <th>S.No</th> <th>Promoters Name</th> <th>Pre Issue Shares</th> <th>Pre Issue Percentage</th> <th>Post Issue Shares</th> <th>Post Issue Percentage</th> </tr> </thead> <tbody> <tr> <td>1</td> <td>Jitendra Kakkad</td> <td>7070000</td> <td>44.3</td> <td>7070000</td> <td>31.06</td> </tr> <tr> <td>2</td> <td>Vivek Kakkad</td> <td>5865160</td> <td>36.76</td> <td>5865160</td> <td>25.77</td> </tr> <tr> <td>3</td> <td>Tulshidas Kakkad</td> <td>2436000</td> <td>15.26</td> <td>2436000</td> <td>10.7</td> </tr> <tr> <td>4</td> <td>Dhruti Kakkad</td> <td>588000</td> <td>3.68</td> <td>588000</td> <td>2.58</td> </tr> <tr> <td>5</td> <td>Bansi Kakkad</td> <td>280</td> <td>---</td> <td>280</td> <td>---</td> </tr> <tr> <td>6</td> <td>Sushilaben Kakkad</td> <td>280</td> <td>---</td> <td>280</td> <td>---</td> </tr> </tbody> </table>

<ul><li>Our business is highly dependent on the availability and pricing of agricultural raw materials such as spices, seeds, grains, pulses, and wheat, which are subject to seasonal, climatic, and market fluctuations beyond our control.</li><li>We generate a major portion of sales from our operations from state of Gujarat. Any adverse developments affecting our operations in these regions could have an adverse impact on our revenue and results of operations.</li><li>We operate in a highly competitive industry, and increased competition or pricing pressures from existing and new market participants may adversely affect our business, financial condition, and results of operations.</li><li>We operate under both our own brand and white label arrangements, and any adverse development in either segment could impact our revenue and brand positioning.</li><li>Our Company is planning to enter into New Segment of Mixed Spices.</li><li>We are dependent on suppliers and weather-dependent agricultural produce, exposing us to risks of supply disruptions and quality inconsistencies.</li><li>We derive a substantial portion of our revenue from our whole seeds segment, and any decline or discontinuation in this product line may materially affect our business, financial condition, and results of operations.</li><li>We rely on third-party transportation service providers, including a Group Company, for the movement of our goods, and any disruption in these services may adversely impact our operations, financial condition, and results of operations.</li><li>Our operations are subject to stringent food safety, quality, and packaging regulations, and any failure to comply could result in penalties, product recalls, or loss of customer trust.</li><li>Our brand reputation and customer loyalty are closely tied to the consistency, quality, and safety of our products; any deviation may harm our business.</li><li>The Land on which the capital expenditure for factory premises will be incurred is not owned by company but is taken on lease basis from the promoter; any disruption in this arrangement may adversely affect our operations.</li><li>Our inability to anticipate, respond to, and meet changing consumer preferences, taste profiles, or quality expectations could adversely impact demand for our products and affect our sales performance.</li><li>We are involved in certain legal proceedings which are pending at different levels of adjudication before various courts, tribunals, enquiry officers, and appellate authorities.</li><li>State Our Company requires significant amount of working capital for a continuing growth. Our inability to meet our working capital requirements may adversely affect our results of operations.</li><li>We have entered into certain transactions with related parties. These transactions or any future transactions with our related parties could potentially involve conflicts of interest.</li><li>Fluctuations in foreign exchange rates may adversely affect our profitability, especially with respect to imports and exports.</li><li>Our inability to accurately forecast demand or pricing for our products and manage inventory levels effectively may adversely impact our business, financial condition, and operating results.</li><li>Our Company is planning to Strategic Focus on D2C, E-Commerce, and Online Sales.</li><li>We have not yet placed orders in relation to the capital expenditure to be incurred for the proposed purchase of equipment / machineries. In the event of any delay in placing the orders, or in the event the vendors are not able to provide the equipment / machineries in a timely manner, or at all, the same may result in time and cost over-runs.</li><li>Sub-optimal capacity utilization of our manufacturing facilities may adversely impact our business operations, profitability, and return on capital employed.</li><li>The Company is dependent on few numbers of customers for sales. Loss of any of these large customers may affect our revenues and profitability.</li><li>The Company is dependent on few numbers of suppliers. Loss of any of this large supplier may affect our cost of raw material and profitability.</li><li>Our insurance coverage may not be adequate to protect us against all potential losses, which could adversely affect our business, results of operations, financial condition, and cash flows.</li><li>Any change in the technology may render our current technologies obsolete or require us to make substantial capital investment to cope with the market.</li><li>The requirements of being a public listed company may strain our resources and impose additional requirements.</li><li>Our Company has availed unsecured loans which are repayable on demand. Any demand from lenders for repayment of such unsecured loans, may adversely affect our cash flows.</li><li>Our lenders have charge over our movable and immovable properties in respect of finance availed by us.</li><li>We have contingent liabilities and our financial condition could be adversely affected if any of these contingent liabilities materializes.</li><li>We have certain audit comments in notes to account of our financials as provided by our Statutory Auditor in their reports.</li><li>There have been instances of delay in filing of Provident Fund (PF) returns, Goods and Service Tax returns (GST) and return of Tax Deducted at Source (TDS) dues.</li><li>The registered office of our Company is not owned by company but is owned by our Promoters; any disruption in this arrangement may adversely affect our operations.</li><li>Our company avails credit facilities from the State Bank OF India, as per sanction terms there are certain restrictive covenants imposed on the issuer company.</li><li>We rely on contract labor for carrying out certain of our operations and we may be held responsible for paying the wages of such workers, if the independent contractors through whom such workers are hired default on their obligations, and such obligations could have an adverse effect on our results of operations and financial condition.</li><li>We are subject to counterfeit, cloned and pass-off products, which may reduce our sales and harm the reputation and goodwill of our brands.</li><li>Our inability to protect or use our intellectual property rights may adversely affect our business.</li><li>Any failure to renew registration of our registered trademark may affect our right to use such trademark in future.</li><li>Information relating to the historical capacity of our production facilities included in this Prospectus is based on third party certificates as well as on various assumptions and estimates and future production and capacity may vary.</li><li>We are subject to labor laws and other industry standards and our operations could be adversely affected by strikes, work stoppages or increased wage demands by our employees or any other kind of disputes with our employees.</li><li>Our Company has not entered into any long-term contracts with any of its customers for sale of its final product. Inability to maintain regular order flow would adversely impact our revenues and profitability.</li><li>Any breach of our cybersecurity measures or failure to protect confidential data may adversely affect our business, reputation, and results of operations.</li><li>Our business is subject to a limited level of import dependency, and any disruption in imports could adversely affect our operations and financial performance.</li><li>Our Promoters/Directors have issued personal guarantees and/or mortgaged their property in relation to debt facilities availed by us, which if revoked, may require alternative guarantees, repayment of amounts due or termination of the facilities.</li><li>Our Promoter and members of the Promoter Group will continue jointly to retain majority control over our Company after the Issue, which will allow them to determine the outcome of matters submitted to shareholders for approval.</li><li>We are required to obtain, renew or maintain statutory and regulatory permits, licenses and approvals to operate our business and our manufacturing facility, and any delay or inability in obtaining, renewing or maintaining such permits, licenses and approvals could result in an adverse effect on our results of operations.</li><li>There are certain instances of delays in the past with ROC/Statutory Authorities.</li><li>Our Company has accepted Improper Execution of Gift Deeds for Transfer of Shares May Attract Legal and Financial Risks.</li><li>Our Company does not have intellectual property rights over its corporate logo.</li><li>We are dependent upon the experience and skill of our promoter, management team and key managerial personnel. Loss of our Promoter or our inability to attract or retain such qualified personnel, could adversely affect our business, results of operations and financial condition.</li><li>We may not be able to successfully manage the growth of our operations and execute our growth strategies which may have an adverse effect on our business, financial condition, results of operations and future prospects.</li><li>We have experienced negative cash flows in previous years / periods. Any operating losses or negative cash flow in the future could adversely affect our results of operations and financial condition.</li><li>The average cost of acquisition of Equity Shares held by our Promoters is lower than the Issue Price.</li><li>Our Promoters, Directors and Key Managerial Personnel may have interest in our Company, other than reimbursement of expenses incurred or remuneration.</li><li>Our funding requirements and proposed deployment of the Net Proceeds are based on management estimates and have not been independently appraised and may be subject to change based on various factors, some of which are beyond our control.</li><li>Our ability to pay dividends in the future will depend upon future earnings, financial condition, cash flows, working capital requirements and capital expenditures.</li><li>Delay in raising funds from the IPO could adversely impact the implementation schedule.</li><li>We have not independently verified certain data in this Red Herring Prospectus.</li><li>Any future issuance of Equity Shares may dilute the shareholding of the Investor or any sale of Equity Shares by our Promoter or other significant shareholder(s) may adversely affect the trading price of the Equity Shares.</li><li>The issue price of the Equity Shares may not be indicative of market price of our equity shares after the issue and the market price of our Equity shares may decline below the issue price.</li><li>All of our directors do not have any prior experience of being a director in any other listed company in India.</li><li>Our future funds requirements, in the form of fresh issue of capital or securities and/or loans taken by us, may be prejudicial to the interest of the shareholders depending upon the terms on which they are eventually raised.</li><li>There is no guarantee that the Equity Shares issued pursuant to the Issue will be listed on the SME Platform of NSE in a timely manner or at all.</li><li>The Equity Shares have never been publicly traded, and, after the Issue, the Equity Shares may experience price and volume fluctuations, and an active trading market for the Equity Shares may not develop. Further, the price of the Equity Shares may be volatile, and you may be unable to resell the Equity Shares at or above the Issue Price, or at all.</li><li>There are restrictions on daily weekly monthly movement in the price of the equity shares, which may adversely affect the shareholder's ability to sell for the price at which it can sell, equity shares at a particular point in time.</li></ul>

The Issue type of Shreeji Global FMCG Ltd is Book Building - SME.

The minimum application for shares of Shreeji Global FMCG Ltd is 2000.

The total shares issue of Shreeji Global FMCG Ltd is 6800000.

Initial public issue of 68,00,000 equity shares of face value of Rs.10/- each of Shreeji Global FMCG Limited ("SGFL" or the "company" or the "issuer") for cash at a price of Rs.125/- per equity share including a share premium of Rs.115/- per equity share (the "issue price") aggregating to Rs.85.00 ("the issue"), of which 3,40,000 equity shares of face value of Rs.10/- each for cash at a price of Rs.125/- per equity share including a share premium of Rs.115/- per equity share aggregating to Rs.425.00 will be reserved for subscription by market maker to the issue (the "market maker reservation portion"). The issue less the market maker reservation portion i.e., net issue of 64,60,000 equity shares of face value of Rs.10/- each at a price of Rs. 125/- per equity share aggregating to 80.75 crores is herein after referred to as the "net issue". The issue and the net issue will constitute 29.88% and 28.38% respectively of the post issue paid up equity share capital of the company. The price band and the minimum bid lot will be decided by the company.