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IPO Shanthala FMCG Products Ltd

  • Price Range

    ₹91

  • Min. Quantity

    1,200

  • Closes on

    31 October 2023

  • Min. investment

    ₹1,09,200/1,200 Shares

Shanthala FMCG Products Ltd IPO Timeline

Shanthala FMCG Products Ltd was incorporated as Shanthala Traders Private Limited on February 20, 2014 with Registrar of Companies, Bangalore. The name of the Company was changed to Shanthala FMCG Products Private Limited vide Certificate of Incorporation, on April 24, 2023 by the Registrar of Companies, Bangalore. The status of the Company changed to Public Limited and the name was changed to Shanthala FMCG Products Limited vide fresh Certificate of Incorporation issued on July 10, 2023 by the Registrar of Companies, Bangalore.

EventDate
Shanthala FMCG Products Ltd IPO Opening Date27 October 2023
Shanthala FMCG Products Ltd IPO Closing Date 31 October 2023
Basis of Allotment3 November 2023
Initiation of Refunds6 November 2023
Credit of Shares to Demat7 November 2023
Shanthala FMCG Products Ltd IPO Listing Date3 November 2023

Shanthala FMCG Products Ltd IPO Details

Shanthala FMCG Products Ltd IPO Date27 October 2023 to 31 October 2023
Shanthala FMCG Products Ltd IPO Face Value10 per share
Shanthala FMCG Products Ltd IPO Price91 to ₹0 per share
Shanthala FMCG Products Ltd IPO Lot Size1,200
Issue SizeShares of ₹10 (aggregating up to ₹16.07 Cr)
Fresh IssueShares of ₹10 (aggregating up to ₹16.07 Cr)
Offer for Sale-
Issue TypeFixed Price - SME
Listing At NSE - SME
QIB Shares Offered-
Retail Shares Offered-
NII (HNI) Shares Offered-
Company PromotersManjunath Mallya, Shobitha Malya, Yogish Mallya

Shanthala FMCG Products Ltd IPO Lot Size

The Shanthala FMCG Products Ltd IPO lot size is 1,200 shares. A retail-individual investor can apply for up to 1 lots (1,200 shares or ₹1,09,200).

Application LotsSharesAmount
Minimum11,200₹1,09,200
Maximum11,200₹1,09,200
  • Risks
  • Opportunities
  • Distributor of Choice.
  • Distribution of variety of Products.
  • Experienced Promoter and management team with strong industry expertise and successful track record.
  • Strong and long-standing customer relationships.

Company Financials

Shanthala FMCG Products Ltd Financial Information (Restated)

Period Ended Total AssetsTotal RevenueProfit After Tax
03-202422.9541.870.29
03-20236.5740.770.18
03-20226.1632.550.05
Amount in ₹ Crore

Objects of the Issue

The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:

  • Funding additional working capital requirements
  • General Corporate Purposes

Shanthala FMCG Products Ltd IPO Promoter Holding

Pre Issue Share Holding35.73%
Post Issue Share Holding26.3%

Shanthala FMCG Products Ltd IPO Subscription Status (Bidding Detail)

The Shanthala FMCG Products Ltd IPO is subscribed 3.7582 times on 31 October 2023 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryQIBNIIRetailEmployeeTotal
Subscription (times)----3.7582

Shanthala FMCG Products Ltd IPO Prospectus

Shanthala FMCG Products Ltd IPO Listing Date

Listing Date3 November 2023
BSE Script 91867
NSE SymbolSHANTHALA
Listing In NSE - SME
ISININE0Q9Q01017
IPO Price91
Face Value10

Company Contact Information

Shanthala FMCG Products Ltd
7th Block Gandhinagr By.Pas RdVirajpet,Kodagu-571218
Phone: +91 82742 98999
Email: ipo@shanthalafmcg.com
Website: www.shanthalafmcg.com

Shanthala FMCG Products Ltd IPO Registrar

Phone:+91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com

Shanthala FMCG Products Ltd IPO Lead Manager(s)

  1. First Overseas Capital Ltd

FAQ

What is the issue size of Shanthala FMCG Products Ltd IPO?

Shanthala FMCG Products Ltd IPO, which opens for subscription from to 31 October 2023 has an issue size of ₹16.07 crore. The issue type is book building issue.

I have pre-applied for Shanthala FMCG Products Ltd IPO. When will my order get placed?

In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.

What are the open and close dates for Shanthala FMCG Products Ltd IPO?

Shanthala FMCG Products Ltd IPO Opens for subscription from 27 October 2023 to 31 October 2023

What is the lot size and minimum order quantity of the Shanthala FMCG Products Ltd IPO?

The lot size of Shanthala FMCG Products Ltd is 1,200 shares. Retail investors can subscribe to minimum 1 lot and maximum 1 lots. The minimum and maximum application value is ₹1,09,200 and ₹1,09,200 respectively.

What are the allotment dates for the Shanthala FMCG Products Ltd IPO?

Allotment date for Shanthala FMCG Products Ltd is 3 November 2023 and refund of application amount (in case allotment is not received) will begin from 6 November 2023. If your allotment goes through, then shares will be credited in your Demat account by 7 November 2023.

Who is the registrar of Shanthala FMCG Products Ltd IPO?

The registrar for Shanthala FMCG Products Ltd IPO is Bigshare Services Pvt Ltd . You can check your IPO allotment status on the registrar's website.

Where is the Shanthala FMCG Products Ltd IPO getting listed?

The shares of Shanthala FMCG Products Ltd are proposed to be listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE)