Sarveshwar Foods Ltd IPO Details

Sarveshwar Foods Ltd was established in 2004,​ 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".

As per Sarveshwar Foods Ltd Company financials, The Company's growth is very good, top line remain similar in last 5 years and there is sudden jump in bottom line for FY17 which is very surprising, and also in H1-FY-2018 profit is good are compared to FY-2017 so it’s very impressive for company growth, The RoNW is 18.46 % for last three fiscals and issue looks reasonably priced as per latest earnings. Sarveshwar Foods Ltd Company is service agriculture related specially processing and marketing of rice. Government will focused to the agriculture and Food industry so it will benefit to this company, there is good potential for fundamental growth for every yesr. So, we Recommendation is "Apply" rating to this SME IPO.
Sarveshwar Foods Ltd IPO Details
Issue Open 05-03-2018
Issue Close 07-03-2018
Allotment Date 13-03-2018
Unblocked Amount 14-03-2018
Listing Date 15-03-2018
Issue Share 64,67,200 Total Equity Share
3,24,800 Share Reserved by Market Maker
Issue Size ₹ 53.86 Cr Total
IPO Price Band ₹ 83 - 85
Minimum Investment Amount [Rs]  ₹ 1,32,800 - 1,36,00
Minimum Share Bid 1600
Face Value ₹ 10
Retail Allocation 50%
Listing On NSE SME
Premium [Per Share] NA
Average Earning Per Share NA
Expected Listing Gain ₹ 10000
Sarveshwar Foods Ltd IPO Financial details [in Rs, Cr]
Financial Year Total Revenue Total Expenses Profit After Tax
FY-2013 103.07 97.14 5.50
FY-2014 241.37 231.61 7.40
FY-2015 262.50 252.45 7.97
FY-2016 355.19 348.24 5.54
FY-2017 419.89 402.27 12.96
H1-FY-2018 259.39 247.32 7.93
Sarveshwar Foods Ltd IPO Subscription Details
As on Date QIB/NII RII Total
Shared Offred 30,71,200 30,71,200 61,42,400
Day-1 [05-03-2018] 4,83,200 [0.16] 3,32,800 [0.11]8,16,000 [0.13]
Day-2 [06-03-2018] 12,43,200 [0.41] 17,95,200 [0.59] 30,38,400 [0.50]
Day-3 [07-03-2018]
[06:30 PM]
44,19,200 [1.43] 56,91,200 [1.86] 1,01,10,400 [1.65]
Sarveshwar Foods Ltd IPO Valuation Details
Earnings Per Share [EPS] ₹ 7.16
Price/Earnings [P/E] Ratio 11.59 - 11.87
Return on Net Worth [RoNW] 18.46 %
Net Asset Value [NAV] ₹ 38.75 Per Share
Sarveshwar Foods Ltd IPO Contact Details
Sarveshwar Foods Limited
Sarveshwar House
Below Gummat
Jammu 180 001
Phone: +91 191 2547391
Registrar of Sarveshwar Foods Ltd IPO
1st floor, Bharat Tin works Building,
Opp. Vasant Oasis, Makwana Road,
Marol, Andheri (East),
Mumbai 400059
Tel: +91 22 62638200
Fax: +91 22 62638299
Investor Grievance Email:
Contact Person: Vipin Gupta
SEBI Registration Number: INR000001385
Lead Managers of Sarveshwar Foods Ltd IPO
The Ruby, 9th Floor
Senapati Bapat Marg, Dadar (West)
Mumbai 400 028, India.
Telephone: +91 22 3026 6000
Facsimile: +91 22 3026 6088
Investor grievance email:
Contact Person: Akhil Mohod
SEBI Registration Number:INM000003606

SIDBI, MSME Development Centre
Plot No. C-11, ‘G’ Block, Bandra Kurla
Complex, Bandra (East),
Mumbai 400 051, India.
Telephone: +91 22 6753 1100
Facsimile: +91 22 6753 1236
Investor grievance email:
Contact Person: Suresh Kumar Rai
SEBI Registration Number:INM000012086

763, Anna Salai
Chennai 600 002, India.
Telephone: +91 44 2851 9548/ 2888 9367
Investor grievance email:
Contact Person: P. Jayakumar/ A.
Nagappan-MBD Chennai
S. Muralidharan- Mumbai
SEBI Registration Number:INM000001386

Nucleus House, Saki vihar road
Andheri (East), India.
Mumbai – 400 072
Telephone: +91 22 2858 3038
Facsimile: +91 22 2857 7894
Investor grievance email:
Contact Person: Purvi R. Ambani
SEBI Registration Number:INM000010973
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