Shreeji Global FMCG, a company focused on agriculture commodity processing, is set to raise ₹85 crore through an initial public offering (IPO) on NSE Emerge. The firm plans to issue 68 lakh equity shares, with a price range of ₹120 to ₹125 per share. The offering will commence on Tuesday.
The proceeds from the IPO are intended for establishing a new processing plant, a cold storage facility, a solar project, and as working capital. Interactive Financial Services will serve as the book-running lead manager, while MUFG Intime India has been appointed as the registrar for the issuance.
Jitendra Kakkad, Managing Director of Shreeji Global FMCG, stated that the funds raised will improve production efficiency, support energy sustainability, and enhance supply chain capabilities. He also mentioned the initiative will allow the company to broaden its product portfolio to better meet consumer demands.
Shreeji Global FMCG operates across 22 states in India and serves 25 export markets under the brand name ‘SHETHJI’. The company has recently improved its operations with automated spice and multigrain units located near Rajkot, alongside a cold storage facility that can hold 5,000 tonnes.
The product line includes gluten-free, high-fibre flours and ready-to-use spice blends such as Garam Masala, Pav Bhaji Masala, and Sambhar Masala. In the last fiscal year, Shreeji Global FMCG reported a revenue of ₹649 crore, earnings before interest, taxes, depreciation, and amortization (EBITDA) of ₹20 crore, and a net profit of ₹12 crore.
Published on October 31, 2025.
