Sheetal Universal Limited was incorporated in 2015 and is engaged in the operation of sourcing, processing, and supplying agricultural commodities, including spice, peanuts, sesame seeds, and grains, to the companies that make cakes, cookies, peanut butter, chocolate, and other food-related products.
The company offers a variety of products, such as peanuts, spices, sesame seeds, pulses, and other agro-products.
The company is spread across a total land area of around 14,668 sq m and has a manufacturing unit in Jamnagar, Gujarat. The manufacturing unit got the FSSAI-29006 certification from the government of India. The organization holds membership in the Indian Oil Seeds and Produce Export Promotion Council and the Agricultural and Processed Food Products Export Development Authority.
Sheetal Universal Limited has a revenue of Rs. 12,881.22 lacs, Rs. 3,868.77 lacs, and Rs. 3,763.64 lacs in fiscal 2023, 2022, and 2021, respectively.
Here are the competitive strengths of the company:
- Beneficial geographic position
- Knowledgeable and experienced promoters and management team
- Modular Business Plan
- On-time product delivery
- Long-lasting relationships with clients
Sheetal Universal Limited Financial Statement (Consolidated)
(Amount in lakhs)
Period Ended
|
31 Mar 2023
|
31 Mar 2022
|
31 Mar 2021
|
Assets
|
2,804.02
|
1,602.82
|
1,272.15
|
Revenue
|
13,165.68
|
3,983.67
|
3,883.53
|
Profit After Tax
|
198.85
|
28.31
|
25.41
|
Total Borrowing
|
1,356.24
|
984.80
|
625.07
|
Purpose of the Issue
- The need for working capital
- To cover the Public Issue Expenses
- Common Corporate Expenses
- Finance for capital expenditure