Sheetal Universal Limited

NSE: SHEETAL
Sheetal Universal Limited - food and beverages in Rajkot, Gujarat, India. FY 2026 financials & compliance.
CIN L51219GJ2015PLC084270 Incorporated 20 August 2015 ROC Ahmedabad HQ Rajkot, Gujarat, India
Active Listed - NSE: SHEETAL Public Limited Company food and beverages MSME
Data last updated
Market Cap
₹478 Cr
SHEETAL-SM · NSE
Share Price
₹400.90
+0.35% today
Revenue
₹174 Cr
FY 2025-26 · +64.4% YoY
EBITDA
₹18.73 Cr
Margin 10.8%
Net Profit
₹11.49 Cr
FY 2025-26 · +23.8% YoY
P/E (TTM)
41.3x
P/B 7.2x
ROE
23.3%
ROCE 23.3%
Debt / Equity
0.61
Interest cover 19.1x

About Sheetal Universal Limited

Data last updated:

Sheetal Universal Limited is a public limited company based in Rajkot, Gujarat, India. It operates in the edible oils and cooking fats segment of the food and beverages sector. It was incorporated on 20 August 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L51219GJ2015PLC084270. Its GSTIN is 24AAWCS1266P1ZJ (Gujarat). It is a listed company as per MCA records. Its shares are listed on NSE: SHEETAL.

The company has an authorised share capital of ₹13 Cr and a paid-up capital of ₹12.88 Cr. It is led by directors including Hiren Vallabhbhai Patel (Managing Director) and Kajal Hiren Patel (Whole-Time Director).

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Rajkot, Gujarat.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹173.76 Cr, a growth of 64.4% compared to the previous year. For the same year it recorded a net profit of ₹11.49 Cr (net margin 6.6%) and EBITDA of ₹18.73 Cr (EBITDA margin 10.8%). The net worth stands at ₹54.78 Cr (up 25% YoY). Total assets are valued at ₹92.88 Cr (up 40.7% YoY).

Its group structure includes 2 subsidiaries.

The company is associated with 1 brand: Sheetal Universal. As per MCA filings, the company has open charges of ₹35 Cr and satisfied charges of ₹13.29 Cr on record. The company has 4 deals on record (3 rights issues, 1 ipo); the latest was in December 2023. The company has 10 MSME Form 1 returns on record between 2019 and 2023, listing 90 overdue payments to 67 micro and small suppliers.

Sheetal Universal Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0007805). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sheetaluniversal.com.

Company details

CIN L51219GJ2015PLC084270
Registration Number 084270
Incorporation Date 20 August 2015
ROC Ahmedabad
Listing Status Listed (NSE: SHEETAL)
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-GJ-20-0007805

CIN history

Sheetal Universal has one previous CIN (Corporate Identification Number): U51219GJ2015PLC084270. The current CIN is L51219GJ2015PLC084270, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L51219GJ2015PLC084270Current
U51219GJ2015PLC084270Previous
Key People
Hiren Vallabhbhai Patel Managing Director Kajal Hiren Patel Whole-Time Director Nishant Shavjibhai Ramani Director

Recognitions & Rankings of Sheetal Universal

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-GJ-20-0007805

Contact details

Sheetal Universal Limited's registered office is in Rajkot, Gujarat. Its website is sheetaluniversal.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    sheetaluniversal.com
  • Social Media
  • Registered Address
    Office No. 1508 – 1509 15th Floor, Space Odyssey Near Kkv Chowk 150 Feet Ring Road, Rajkot, Gujarat, India – 360005
  • Industry
    Food and Beverages, Edible Oils & Cooking Fats, Spice Manufacturing & Distribution

To see the full contact details of Sheetal Universal Limited, buy the company report.

Comprehensive company report
Sheetal Universal Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Sheetal Universal operates one associated brand: Sheetal Universal. Each brand links to its own profile.

BrandDescriptionWebsite
Sheetal Universal
Exporter & processor of edible oil, spices, peanut, sesame seeds, pulses, and other agro productssheetaluniversal.com

Business activity

The main business activity of Sheetal Universal is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Sheetal Universal Limited, buy the company report.

Financials of Sheetal Universal Limited

FY 2025-26 filings available

Sheetal Universal Limited reported revenue of ₹173.76 Cr (up 64.4% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹174 Cr
+64.4% YoY
EBITDA
₹18.73 Cr
+35.4% YoY
Profit After Tax
₹11.49 Cr
+23.8% YoY
Net Worth
₹54.78 Cr
+25.0% YoY
Total Assets
₹92.88 Cr
+40.7% YoY
Total Debt
₹38.12 Cr
+71.9% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Income statement
Revenue17410613212938.6937.64
Revenue growth+64.4%-19.9%+2.4%+232.9%+2.8%-
EBITDA18.7313.832.461.500.150.04
EBITDA margin+10.8%+13.1%+1.9%+1.2%+0.4%+0.1%
Profit before tax15.3713.053.042.790.410.32
Net profit11.499.282.082.000.280.26
Net profit margin+6.6%+8.8%+1.6%+1.6%+0.7%+0.7%
EPS (₹)10.058.121.815.680.810.73
Balance sheet
Total assets92.8866.0149.7020.0514.3510.47
Net worth54.7843.8434.546.494.504.22
Total debt38.1222.1715.1713.569.846.25
Cash & bank0.150.420.552.385.380.39
Net working capital68.6838.9635.7014.1610.987.34
Cash flow
Cash from operations(13.03)9.25(27.02)(2.68)2.310.19
Cash from investing(0.12)(14.38)(0.87)(3.11)(0.47)0.25
Cash from financing12.885.0026.072.793.15(0.51)
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue16910613012837.3238.7054.82
Revenue growth+59.8%-18.5%+1.1%+243.6%-3.6%-29.4%-
EBITDA18.7513.852.441.510.140.06(0.35)
EBITDA margin+11.1%+13.1%+1.9%+1.2%+0.4%+0.2%-0.6%
Profit before tax15.3913.073.022.790.370.330.59
Net profit11.529.302.072.070.240.260.41
Net profit margin+6.8%+8.8%+1.6%+1.6%+0.6%+0.7%+0.8%
EPS (₹)10.058.141.805.890.740.751.17
Balance sheet
Total assets92.8065.9549.6319.9014.3410.4910.28
Net worth54.7843.8434.526.564.504.243.97
Total debt38.0322.1115.1113.349.846.256.31
Cash & bank0.100.410.542.375.360.380.44
Net working capital68.6238.7235.4415.0210.937.346.75
Cash flow
Cash from operations(13.27)9.27(23.36)(2.45)2.32(0.01)(2.44)
Cash from investing0.11(14.39)(2.33)(1.66)(0.49)0.11(0.16)
Cash from financing12.854.9923.861.123.15(0.17)2.75

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 09 Nov 2026
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Revenue17410613212938.6937.64
Revenue growth+64.4%-19.9%+2.4%+232.9%+2.8%-
Other income2.242.392.842.841.151.20
Total expenses15591.8412912738.5437.60
Employee cost0.190.330.180.130.100.08
EBITDA18.7313.832.461.500.150.04
EBITDA margin+10.8%+13.1%+1.9%+1.2%+0.4%+0.1%
Depreciation2.492.010.820.630.440.47
Interest3.111.161.440.920.450.45
Profit before tax15.3713.053.042.790.410.32
Tax3.883.770.960.790.130.06
Net profit11.499.282.082.000.280.26
Net profit margin+6.6%+8.8%+1.6%+1.6%+0.7%+0.7%
EPS (₹)10.058.121.815.680.810.73
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Equity & liabilities
Share capital11.4611.4611.463.503.503.50
Reserves & surplus43.3232.3823.082.991.000.72
Shareholders' funds (net worth)54.7843.8434.546.494.504.22
Minority interest0.000.000.000.000.000.00
Secured loans36.7021.6111.7110.158.024.17
Unsecured loans1.420.563.463.411.822.08
Total debt38.1222.1715.1713.569.846.25
Total liabilities92.8866.0149.7020.0514.3510.47
Assets
Gross block24.4624.068.876.554.884.46
Net block16.7519.465.423.922.902.92
Capital work in progress0.050.050.051.500.030.00
Investments0.060.060.060.060.060.01
Inventories47.5917.186.046.483.173.13
Sundry debtors41.8621.6822.5310.862.994.35
Cash & bank balances0.150.420.552.385.380.39
Loans & advances13.655.498.062.421.111.72
Total current assets10344.7737.1822.1412.659.59
Total current liabilities34.575.811.487.981.672.25
Net working capital68.6838.9635.7014.1610.987.34
Total assets92.8866.0149.7020.0514.3510.47
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Opening cash0.420.552.385.380.390.46
Net cash from operating activities(13.03)9.25(27.02)(2.68)2.310.19
Net cash from investing activities(0.12)(14.38)(0.87)(3.11)(0.47)0.25
Net cash from financing activities12.885.0026.072.793.15(0.51)
Net change in cash(0.27)(0.13)(1.83)(3.00)4.99(0.07)
Closing cash0.150.420.552.385.380.39
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Growth
Sales growth+64.4%-19.9%+2.4%+232.9%+2.8%-
EBITDA growth+35.4%+462.2%+64.0%+900.0%+275.0%-
PBT growth+17.8%+329.3%+9.0%+580.5%+28.1%+9997.0%
Net income growth+23.8%+346.2%+4.0%+614.3%+7.7%-
Revenue CAGR (3Y)+10.5%+39.8%+51.9%---
EBITDA CAGR (3Y)+132.0%+351.8%+294.7%---
Profitability & leverage
Net income margin+6.6%+8.8%+1.6%+1.6%+0.7%+0.7%
Return on capital employed+23.3%+24.6%+12.8%+21.5%+6.9%+7.3%
Return on net worth+23.3%+23.7%+10.1%+36.2%+6.4%+5.9%
Debt / equity0.610.480.702.131.851.48
Long-term debt / equity0.110.120.220.580.570.58
Interest cover19.159.8187.80105.75-155.17-104.65
Efficiency & per share
Fixed asset turnover7.166.4217.1122.548.288.44
Inventory turnover5.379.1021.0826.7012.2812.03
Debtors turnover5.474.787.9018.6010.548.65
EPS (₹)10.058.121.815.680.810.73
Dividend per share (₹)0.000.000.000.000.000.00
Book value per share (₹)47.8138.2730.1518.5512.8712.06
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue16910613012837.3238.7054.82
Revenue growth+59.8%-18.5%+1.1%+243.6%-3.6%-29.4%-
Other income2.242.392.842.841.121.202.01
Total expenses15091.8212712737.1838.6455.17
Employee cost0.190.330.180.110.090.080.20
EBITDA18.7513.852.441.510.140.06(0.35)
EBITDA margin+11.1%+13.1%+1.9%+1.2%+0.4%+0.2%-0.6%
Depreciation2.492.010.820.630.440.470.57
Interest3.111.161.440.930.450.460.50
Profit before tax15.3913.073.022.790.370.330.59
Tax3.873.770.950.720.130.070.18
Net profit11.529.302.072.070.240.260.41
Net profit margin+6.8%+8.8%+1.6%+1.6%+0.6%+0.7%+0.8%
EPS (₹)10.058.141.805.890.740.751.17
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital11.4611.4611.463.503.503.503.50
Reserves & surplus43.3232.3823.063.061.000.740.47
Shareholders' funds (net worth)54.7843.8434.526.564.504.243.97
Secured loans36.7021.6111.719.897.304.355.51
Unsecured loans1.330.503.403.452.541.900.80
Total debt38.0322.1115.1113.349.846.256.31
Total liabilities92.8065.9549.6319.9014.3410.4910.28
Assets
Gross block24.4624.068.876.554.884.464.56
Net block16.7519.465.423.922.902.923.49
Capital work in progress0.000.000.000.000.000.000.00
Investments0.080.080.080.080.080.020.02
Inventories47.5917.186.046.483.172.061.91
Sundry debtors36.5221.5022.3510.672.995.567.46
Cash & bank balances0.100.410.542.375.360.380.44
Loans & advances13.815.427.982.151.091.592.10
Total current assets98.0244.5136.9121.6712.619.5911.91
Total current liabilities29.405.791.476.651.682.255.16
Net working capital68.6238.7235.4415.0210.937.346.75
Total assets92.8065.9549.6319.9014.3410.4910.28
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.410.542.375.360.380.440.29
Net cash from operating activities(13.27)9.27(23.36)(2.45)2.32(0.01)(2.44)
Net cash from investing activities0.11(14.39)(2.33)(1.66)(0.49)0.11(0.16)
Net cash from financing activities12.854.9923.861.123.15(0.17)2.75
Net change in cash(0.31)(0.13)(1.83)(2.99)4.99(0.07)0.15
Closing cash0.100.410.542.375.360.380.44
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+59.8%-18.5%+1.1%+243.6%-3.6%-29.4%-
EBITDA growth+35.4%+467.6%+61.6%+978.6%+133.3%+117.1%-
PBT growth+17.8%+332.8%+8.2%+654.1%+12.1%-44.1%+9997.0%
Net income growth+23.9%+349.3%0.0%+762.5%-7.7%-36.6%-
Revenue CAGR (3Y)+9.6%+41.5%+49.6%+32.7%---
EBITDA CAGR (3Y)+131.6%+362.5%+243.9%----
Profitability & leverage
Net income margin+6.8%+8.8%+1.6%+1.6%+0.6%+0.7%+0.8%
Return on capital employed+23.3%+24.7%+12.8%+21.7%+6.8%+7.6%+10.6%
Return on net worth+23.3%+23.8%+10.0%+37.3%+6.0%+6.3%+10.3%
Debt / equity0.610.470.692.101.841.531.59
Long-term debt / equity0.110.120.210.650.570.500.42
Interest cover19.139.8088.89105.68-150.00-112.20-54.35
Efficiency & per share
Fixed asset turnover6.966.4216.8122.447.998.5812.02
Inventory turnover5.219.1020.7126.5814.2719.5028.70
Debtors turnover5.824.827.8518.778.735.947.35
EPS (₹)10.058.141.805.890.740.751.17
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)47.8138.2730.1318.7412.8412.1011.35

To see the full year-wise statements and ratios of Sheetal Universal Limited, buy the company report.

Board of directors of Sheetal Universal Limited

Sheetal Universal has 6 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nishant Shavjibhai RamaniDirector20 Aug 201511 Years 2 MonthsCurrent
Hiren Vallabhbhai Patel
Also directs: Svar Industries Private Limited, Saumesvar International Private Limited, Sheetal Charitable Foundation
Managing Director20 Aug 201511 Years 2 MonthsCurrent
Kajal Hiren Patel
Also directs: Svar Industries Private Limited, Saumesvar International Private Limited, Sheetal Charitable Foundation
Whole-Time Director20 Aug 201511 Years 2 MonthsCurrent
Jagrutiben Ghanshyambhai ViraniDirector07 Jul 20233 Years 4 MonthsCurrent
Jay Mansukh ShahDirector20 Jul 20233 Years 3 MonthsCurrent
Vishal ShahDirector20 Jul 20233 Years 3 MonthsCurrent
View all directors

Auditor

Sheetal Universal Limited is audited by V V PATEL & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
V V PATEL & ASSOCIATESFY 2023118124W

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 66.80%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 33.20%.

Promoters: 66.80%Retail & Others: 33.20%
Sep 2026
QUARTER
66.80% Promoters
33.20% Retail & Others
Promoter holding - history
Now 66.80% · Sep 2026High 66.80% · Dec 2025Low 66.80% · Dec 2025
65%65.8%66.5%67.3%68%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 66.80%Mar 2026: 66.80%Jun 2026: 66.80%Sep 2026: 66.80%66.80%66.80%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters66.80%66.80%66.80%66.80%
Public33.20%33.20%33.20%33.20%

Charges & borrowings

Open charges
₹35 Cr
Satisfied charges
₹13.29 Cr
Breakdown by lending institutions
Bank of India₹35.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Jun 2024100950013Bank of India₹35 CrOpen
25 Jan 2021100437692United Bank of India₹85 LakhSatisfied
21 Jun 2016100037532Others₹12.44 CrSatisfied

To see the full charge records of Sheetal Universal Limited, buy the company report.

Total charge records: 3 View all charges

Deals & funding

Sheetal Universal Limited has 4 deals on record (3 rights issues, 1 ipo); the latest was in December 2023.

Total deals
4
Rights issues
3
IPO
1

Deals on record (4 of 4)

WhenDealAmountParties
Dec 2023IPO₹23.8 CrInvestors: Public Market Investors
Feb 2020Rights issue₹70 LakhInvestors: an individual
Mar 2018Rights issue₹84 LakhInvestors: 4 individuals
Jun 2016Rights issue₹99 LakhInvestors: 4 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Sheetal Universal Limited has 10 MSME Form 1 returns on record between 2019 and 2023, listing 90 overdue payments to 67 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 67)

SupplierAmount dueDue sinceReported on
Balikruit Peanuts
an individual supplier
Agriprox Traders
Avadh Agri Impex
A2z Agro Food

To see the full MSME payment records of Sheetal Universal Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Sheetal Universal has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

2
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Svar Industries Private LimitedU01100GJ2021PTC125584
Saumesvar International Private LimitedU51909GJ2017PTC098538

To see the full group structure of Sheetal Universal Limited, buy the company report.

Employees & EPFO

Sheetal Universal Limited has 1 active EPFO establishment as of Mar 20, 2024.

Active EPFO establishments
1

GST

Sheetal Universal has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAWCS1266P1ZJGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Sheetal Universal Limited, buy the company report.

Recent activity

Sheetal Universal Limited has 10 board changes on record since 2015: 8 appointments and 2 cessations. The latest: Jay Mansukh Shah was appointed as Director on 20 Jul 2023.

Charges
A charge with Bank Of India of Rs. 35.00 Cr registered on 28 Jun 2024 with Charge ID 100950013 was modified on 30 Apr 2026.
Filing
Sheetal Universal Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
AGM
Sheetal Universal Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 25 Jan 2021 via Charge ID 100437692 with United Bank Of India was fully satisfied on 03 Jul 2024.
Charges
A charge registered on 21 Jun 2016 via Charge ID 100037532 with Others was fully satisfied on 03 Jul 2024.
Charges
A charge with Bank Of India amounted to Rs. 35.00 Cr with Charge ID 100950013 was registered on 28 Jun 2024.
Charges
A charge with Others of Rs. 12.44 Cr registered on 21 Jun 2016 with Charge ID 100037532 was modified on 05 Aug 2023.
Appointed
Jay Mansukh Shah was appointed as Director.
Appointed
Vishal Shah was appointed as Director.
Appointed
Jagrutiben Ghanshyambhai Virani was appointed as Director.
Appointed
Nikul Narendrabhai Sorathiya was appointed as Additional Director.
Ceased
Nikul Narendrabhai Sorathiya ceased to be Additional Director.

8 earlier events are in the company report.

News

Frequently asked questions

Sheetal Universal is an active public limited company based in Rajkot, Gujarat, India. The company works in edible oils and cooking fats, within the food and beverages industry. It was incorporated on 20 August 2015 (11+ years old) and is registered under CIN L51219GJ2015PLC084270. Listed on NSE: SHEETAL.

Sheetal Universal reported revenue of ₹173.76 Cr for FY 2025-26 (up 64.4% YoY) based on consolidated financials.

Sheetal Universal has 6 current directors:

The latest financial statements of Sheetal Universal on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.

The GSTIN of Sheetal Universal is 24AAWCS1266P1ZJ, registered in Gujarat.

The CIN (Corporate Identification Number) of Sheetal Universal is L51219GJ2015PLC084270. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Sheetal Universal is a listed company as per MCA records. Its shares are listed on NSE (symbol: SHEETAL).

Sheetal Universal was incorporated on 20 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Sheetal Universal has 4 deals on record (3 rights issues, 1 ipo); the latest was in December 2023.

Jay Mansukh Shah was appointed as Director on 20 Jul 2023. Vishal Shah was appointed as Director on 20 Jul 2023. Jagrutiben Ghanshyambhai Virani was appointed as Director on 07 Jul 2023. Sheetal Universal has 10 board changes on record in total.

Yes, Sheetal Universal is registered as an MSME under Udyam registration (number: UDYAM-GJ-20-0007805).