Shreeji Global IPO: Spice brand's issue sees 39% subscription

Business Nov 04, 2025

Shreeji Global FMCG, the Gujarat-based spice brand, kicked off its IPO but didn't see much excitement from investors—only about 39% of shares were picked up on opening day.
Out of 56.38 lakh shares up for grabs, bids came in for just 22.03 lakh from 721 applications.
The company is hoping to raise ₹85 crore by selling shares at ₹120-125 each, with the offer open until November 7.

Financials and anchor investors

Even though the IPO had a quiet debut, Shreeji Global did manage to raise ₹14.52 crore earlier through anchor investors who bought in at ₹125 per share.
Profits hit ₹9.2 crore on revenue of ₹250.4 crore for five months ending August 2024, and annual revenue grew by 10.3% from last year to reach ₹648.9 crore in FY25.