Shanthala FMCG Products IPO: The fixed price issuance of Shanthala FMCG Products is valued at Rs 16.07 crores. This is a completely new 17.66 lakh share offering. The IPO price of Shanthala FMCG Products is ₹91 per share. An application must have a minimum lot size of 1200 shares. Retail investors are required to invest a minimum of ₹109,200. For HNI, a minimum investment of two lots (2,400 shares) totaling ₹218,400 is required.
The subscription period for the Shanthala FMCG Products IPO begins on October 27, 2023, and ends on October 31, 2023. On Friday, November 3, 2023, the allocation for the Shanthala FMCG Products IPO is anticipated to be completed. The tentative listing date for the Shanthala FMCG Products initial public offering (IPO) is Wednesday, November 8, 2023, on NSE SME.
Bigshare Services Pvt Ltd is the registrar for the Shanthala FMCG Products IPO, while First Overseas Capital Limited is the book running lead manager. Bhh Securities is the market maker for the IPO of Shanthala FMCG Products.
Shanthala FMCG Products IPO Overview
| Shanthala FMCG Products Limited Company Overview | |
|---|---|
| Company Name | Shanthala FMCG Products Limited |
| IPO Opening Date | 27 October, 2023 |
| IPO Closing Date | 31 October, 2023 |
| Face Value | 10₹ Per Share |
| Share Price Range | 91₹ |
| Lot Size | 1200 Shares Per Lot |
| GMP | Check Here |
| Issue Type | Fixed Price Issue |
| Total IPO Issue Size | 1,766,400 Shares |
| Fresh Issue Size | 1,766,400 Shares |
| IPO Listing At | NSE SME |
| Share Holding Pre Issue | 4,931,664 |
| Share Holding Post Issue | 6,698,064 |
| More IPO’s | Check Here |
Shanthala FMCG Products IPO Lot Size
An investor may offer up to 1,200 shares, with no minimum required. The table below displays the lowest and largest share and money investments made by HNIs and retail investors.
| Shanthala FMCG Products Limited IPO Lot Size | |
|---|---|
| Minimum Retail Applications | 01 Lot |
| Maximum Retail Applications | 01 Lot |
| Minimum HNI Applications | 02 Lots |
| Total Shares In Single Lot | 1200 Shares |
| Amount For Single Lot | ₹109,200 |
Shanthala FMCG Products IPO Time Table (Tentative)
The IPO for Shanthala FMCG Products starts on October 27, 2023, and ends on October 31, 2023.
| Shanthala FMCG Products Limited IPO Time Table Complete Details | |
|---|---|
| IPO Initiation Date | 27 October, 2023 |
| IPO Ending Date | 31 October, 2023 |
| Basis Of Allotment | 03 November, 2023 |
| Initiation Of Refund | 06 November, 2023 |
| Shares Credit To Demat Account | 07 November, 2023 |
| Date Of Listing | 08 November, 2023 |
| Cut Off Time For UPI Mandate Confirmation | 05:00 PM, 31 October, 2023 |
Shanthala FMCG Products IPO Reservation Details
| Shanthala FMCG Products Limited IPO Reservation Overview | |
|---|---|
| Shares Offered To Retailers | 50% Of Net Offer |
| Shares Offered To Others | 50% Of Net Offer |
Shanthala FMCG Products Company Financials
| Shanthala FMCG Products Limited Company Financials Information | |
|---|---|
| This Data Is Of | 31 August, 2023 |
| Total Revenue | 1,585.58 |
| Assets | 827.22 |
| Profit After Tax | 10.15 |
| Net Worth | 549.32 |
| Reserves And Surplus | 56.15 |
| All Amount In ₹Lakh | |
Shanthala FMCG Products Promoters Holding
| Share Holding Pre Issue | – |
| Share Holding Post Issue | 59.71% |
Shanthala FMCG Products Key Performance Indicators
| Shanthala FMCG Products Limited Key Performance Indicators | |
|---|---|
| KPI | Values |
| P/E (X) | 25.66 |
| EPS | 3.55 |
| ROE | 12.38% |
| ROCE | 19% |
| RoNW | 12.38% |
Is Shanthala FMCG Products IPO Contact Details.
| Shanthala FMCG Products Limited Contact Details | |
|---|---|
| Company Address | 7th Block, Gandhinagr Bye Pass Road Virajpet Kodagu – 571218 |
| Phone | +91 82742 98999 |
| ipo@Shanthalafmcg.com | |
| Website | https://shanthalafmcg.com/ |
Is Shanthala FMCG Products IPO Good Or Bad To Buy?
Founded in 1996, this FMCG product distribution company supplies big FMCG companies with branded packaged meals, personal care items, stationery and education supplies, matches, and agarbatti and tobacco goods. The company’s goal is to offer high-quality goods on schedule and at fair rates. Shamnthala FMCG was approved as an ITC business distributor in 2007. The organization wants to give its customers a meaningful buying experience.
What Is The Future Of Shanthala FMCG Products Stock?
- Large-scale Indian FMCG corporations use Shanthala as a distributor of their products.
- The business is involved in the distribution of numerous goods.
- Solid and enduring connections with clients.
- A skilled management team with deep domain expertise.
What Is The Objective Of Shanthala FMCG Products IPO Issue?
The main objective’s of Shanthala FMCG Products IPO issue are :-
- Financing the need for more working cash.
- General Company Objectives.
How To Apply For Shanthala FMCG Products IPO?
The Shanthala FMCG Products IPO application form and payment can both be completed online. Through the net banking feature of your bank account, you can access the ASBA IPO application. UPI IPO applications are provided by brokers who do not offer banking services. More information about utilizing Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank, and SBI Bank to apply online for an IPO can be found on this page.
When Is Shanthala FMCG Products IPO Allotment?
The Allotment Date For Shanthala FMCG Products IPO Is November 03, 2023.