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.
| Event | Date |
|---|---|
| Shanthala FMCG Products Ltd IPO Opening Date | 27 October 2023 |
| Shanthala FMCG Products Ltd IPO Closing Date | 31 October 2023 |
| Basis of Allotment | 3 November 2023 |
| Initiation of Refunds | 6 November 2023 |
| Credit of Shares to Demat | 7 November 2023 |
| Shanthala FMCG Products Ltd IPO Listing Date | 3 November 2023 |
Shanthala FMCG Products Ltd IPO Details
| Shanthala FMCG Products Ltd IPO Date | 27 October 2023 to 31 October 2023 |
| Shanthala FMCG Products Ltd IPO Face Value | ₹10 per share |
| Shanthala FMCG Products Ltd IPO Price | ₹91 to ₹0 per share |
| Shanthala FMCG Products Ltd IPO Lot Size | 1,200 |
| Issue Size | Shares of ₹10 (aggregating up to ₹16.07 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹16.07 Cr) |
| Offer for Sale | - |
| Issue Type | Fixed Price - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Manjunath 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 | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,200 | ₹1,09,200 |
| Maximum | 1 | 1,200 | ₹1,09,200 |
- Strengths
- 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 Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 22.95 | 41.87 | 0.29 |
| 03-2023 | 6.57 | 40.77 | 0.18 |
| 03-2022 | 6.16 | 32.55 | 0.05 |
| 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 Holding | 35.73% |
| Post Issue Share Holding | 26.3% |
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)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 3.7582 |
Shanthala FMCG Products Ltd IPO Prospectus
Shanthala FMCG Products Ltd IPO Listing Date
| Listing Date | 3 November 2023 |
| BSE Script | 91867 |
| NSE Symbol | SHANTHALA |
| Listing In | NSE - SME |
| ISIN | INE0Q9Q01017 |
| IPO Price | ₹91 |
| Face Value | ₹10 |
Company Contact Information
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
Shanthala FMCG Products Ltd IPO Lead Manager(s)
- First Overseas Capital Ltd
FAQ
What is the issue size of Shanthala FMCG Products Ltd IPO?
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.