Shivashrit Foods IPO Subscription Status

The Shivashrit Foods IPO concluded with healthy demand, being subscribed 2.89 times on its final day of bidding, i.e., 26th August 2025, till 05:00 PM.

• QIB (Qualified Institutional Buyers): 1.59x
• NII (Non-Institutional Investors): 5.16x
• RII (Retail Individual Investors): 2.65x

In total, the IPO received 94,74,000 bids against 32,81,000 shares on offer, reflecting robust investor interest, especially from NIIs and retail categories.

• On Day 1, the IPO was subscribed 0.24x.
• On Day 2, the subscription improved to 1.15x.
• By Day 3 (final day), the IPO closed at 2.89x overall.

About Shivashrit Foods Limited

Shivashrit Foods Limited, incorporated in August 2017, is one of the leading manufacturers, suppliers, and exporters of potato flakes, catering to both domestic and international markets.

The company markets its products under three popular brand names:

• Shivashrit
• Shreeaahar
• Flaker’s

Its distribution network spans across key Indian states, including Madhya Pradesh, Uttarakhand, Maharashtra, Punjab, Gujarat, Haryana, Delhi, Rajasthan, Uttar Pradesh, West Bengal, and Bihar. With a strong supply chain system and an experienced team of promoters and managers, the company has established long-term relationships with customers.

On the global front, Shivashrit Foods exports to more than 15 countries, including Argentina, Brazil, Chile, Dubai, Indonesia, Israel, Kuwait, Lebanon, Malaysia, Mexico, Turkey, Uruguay, USA, Kosovo, and Bangladesh. This international presence strengthens its brand recognition and revenue diversity.

Shivashrit Foods Financial Performance

The company has shown steady financial growth over the years:

• Revenue (FY 2025): ₹105.85 crore (vs ₹77.55 crore in FY 2024)
• Profit (FY 2025): ₹12.06 crore (vs ₹11.61 crore in FY 2024)

This represents a 36.5% year-on-year growth in revenue, while profits remained stable with a slight upward trend, showcasing the company’s consistent operational efficiency.

Shivashrit Foods IPO GMP (Grey Market Premium)

As of Tuesday, 26th August 2025, the GMP stood at ₹5.

• This implies the shares are trading at ₹147 in the grey market, reflecting a ₹5 premium over the issue price of ₹142.
• The modest premium indicates balanced investor sentiment, with expectations of steady listing gains.