Archive · 22 Aug 2025
Shivashrit Foods IPO Launches on August 22; GMP Rises
Shivashrit Foods, a potato flake maker, is selling shares to the public to get money.
They're selling shares at ₹135-142 each to raise about ₹70.03 crore.
As of the first day, a small part of the shares has been bought by investors.
The company plans to use the money to build a new factory, buy machines, and cover general business expenses.
The company specializes in producing premium-quality potato flakes from a facility in Aligarh, Western Uttar Pradesh.
Shivashrit Foods, a potato flake manufacturer, launched its IPO on August 22, 2025.
The IPO aims to raise approximately ₹70.03 crore through the issue of 49,32,000 equity shares.
The IPO price ranges from ₹135 to ₹142 per share.
The IPO saw an overall subscription of 8% by 2 pm on its first day.
The Grey Market Premium (GMP) for the IPO is ₹13.
- Who
- Shivashrit Foods Limited, a potato flake manufacturer.
- What
- Shivashrit Foods Limited launched its Initial Public Offering.
- When
- The IPO opened on August 22, 2025 and will close on August 26, 2025.
- Where
- Not explicitly stated, but the company operates from Aligarh, Western Uttar Pradesh, India.
- Why
- To raise ₹70.03 crore for a new manufacturing facility, new machinery, working capital, and general corporate purposes.
Investors
None
Market Demand
Investors
High demand as the Grey Market Premium has increased to ₹13.
None
None
- Company
- Shivashrit Foods Limited
- IPO Open Date
- August 22, 2025
- Issue Size
- ₹70.03 crore
- Price Band
- ₹135-142 per share
- Subscription (as of 2 PM)
- 8%
- GMP
- ₹13
Sources
Sarveshwar Foods rights issue: Penny stock in focus ahead of record date. Price, other details you MUST know
Shivashrit Foods Limited IPO Opens on August 22, 2025
Shivashrit Foods IPO Day 1: GMP jumps! Check subscription status, key dates and other details