Shreeji Global FMCG Limited, a leading player in India’s fast-moving consumer goods (FMCG) industry, has announced the opening of its Initial Public Offering (IPO) on Tuesday, November 4, 2025, aiming to raise ₹85 crore at the upper price band.
The IPO comprises 68,00,000 equity shares of face value ₹10 each, with a price band of ₹120 to ₹125 per share, and will be listed on the NSE Emerge platform. The lot size for investors is fixed at 1,000 equity shares. The issue will open for subscription on November 4, 2025, with the anchor portion opening a day earlier on November 3, 2025, and will close on November 7, 2025.
The issue structure includes an anchor portion of 11,62,000 equity shares, 7,76,000 shares allocated to Qualified Institutional Buyers (QIBs), not less than 13,56,000 shares for Non-Institutional Investors (NIIs), and not less than 31,66,000 shares reserved for Retail Individual Investors (RIIs). Additionally, 3,40,000 equity shares are earmarked for the Market Maker segment. Interactive Financial Services Limited is acting as the Book Running Lead Manager, while MUFG Intime India Private Limited is the Registrar to the issue.
Utilization of Funds
The net proceeds from the IPO will be utilized towards capital expenditure on factory premises, investment in plant and machinery, establishment of cold storage and solar power units for internal consumption, as well as working capital and general corporate purposes.
Commenting on the announcement, Mr. Jitendra Kakkad, Managing Director of Shreeji Global FMCG Limited, stated: “The IPO marks an important milestone in our journey to becoming one of the leading players in the Indian FMCG sector. Operating across 22 states and 25 export markets under our brand ‘SHETHJI’, we’ve strengthened our capabilities with automated spice and multigrain units near Rajkot, a 5,000 MT cold storage facility, and the introduction of gluten-free, high-fiber flours and ready-to-use spice mixes such as Garam Masala, Pav Bhaji Masala, and Sambhar Masala. This reflects our commitment to innovation, sustainability, and quality.”
He further added that the IPO proceeds will enhance production efficiency, improve energy sustainability, and strengthen supply chain capabilities — enabling the company to scale operations, expand its product portfolio, and meet evolving consumer needs across domestic and international markets.
About Shreeji Global FMCG Limited
Shreeji Global FMCG Limited is engaged in the manufacturing and processing of ground and whole spices, seeds, grains, pulses, and flour (Atta) under its flagship brand ‘SHETHJI’ as well as through white-label partnerships. With modern processing facilities located near key APMC markets in Gujarat, the company ensures efficient sourcing, consistent quality, and adherence to modern production standards.
Currently serving customers across 22 Indian states and exporting to 25 countries, Shreeji Global FMCG is also expanding into blended spices, millet-based flours, and direct-to-consumer (D2C) channels, positioning itself as a quality-driven, future-ready FMCG brand.
For FY25, the company reported a revenue of ₹64,892.15 lakhs, EBITDA of ₹2,036.96 lakhs, and a PAT of ₹1,215.13 lakhs. With a strong financial foundation and a focus on innovation, Shreeji Global FMCG aims to leverage the IPO proceeds to strengthen its operations and reinforce its leadership in the Indian FMCG sector.
