Shanthala FMCG Products IPO will be Open on 27 October 2023 and closes on 31 October 2023. The company has fixed the price of this IPO at ₹91 according to the face value of ₹10. The company will raise ₹16.07 Crores through this IPO under the 1,766,400 Equity Shares public issue, and the offer is 100% Fixed Price Issue. The company reserve quota in this IPO 50% for NII and 50% Retail Investor. You can check Shanthala FMCG Products IPO GMP here.
Shanthala FMCG product distribution company engaged in the distribution of branded packaged foods, Personal care products, Education and stationery products, Matches and Agarbatti and tobacco products to large FMCG companies. The company are also distributors for one of the largest FMCG MNC Company in India.
The company distribute branded Beauty & wellbeing, Nutrition, Personal care & Home care products for them. The company also distribute Oil, Sugar and Atta for M. K. Aggrotech Pvt. Ltd. sold under their brand name Sunpure.
The company operation is in the district of Coorg, Karnataka where customers are scattered across large area which makes it a difficult market to service for new entrants. You can check Shanthala FMCG Products IPO subscription status here.
Objects Of The Issue :
- Funding additional Working capital requirements;
- General Corporate Purposes
Company Strengths :
- 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.
| Read also: Upcoming IPO List 2023 |
Shanthala FMCG Products IPO Review :
| Details | Valuation |
| PAT 2023 : Issue Price : EPS 2023 : PE Ratio : ROE : RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹0.18 Cr ₹91 EQ 3.55 25.63x 12.38 % 12.38 % 19.00 % 3.12 ₹28.64 ₹8.27 Cr ₹60.95 Cr 77.44 % 57.01 % |
| Team Review : | AVOID |
Shanthala FMCG Products IPO GMP Live:
Shanthala FMCG Products IPO GMP Or Grey Market Premium available here. The SME IPO GMP Premium updated Day By Day IPOs Running Period and the GMP Rates are Fluctuate and stable some times later. (GMP rates are Not 100% Guaranteed)
| Date | GMP | Subject Rate |
| Today | Check Day Wise GMP | ₹- |
Shanthala FMCG Products IPO Date & Price Band & Details :
| Issue Offer : | Fixed Price Issue |
| IPO Open : | 27 October 2023 |
| IPO Close : | 31 October 2023 |
| Face Value : | ₹10 Equity Share |
| Price Band : | ₹91 Per Share |
| Listing On : | NSE, SME |
| Issue Size : | ₹16.07 Cr {1,766,400 Shares} |
| Fresh Issue : | ₹16.07 Cr {1,766,400 Shares} |
Shanthala FMCG Products IPO Market Lot :
Shanthala FMCG Products IPO Minimum Market lot is 1 Lot with 1200 shares with ₹109,200 Application amount. The retail investors can apply up to 1 lots with 1200 Shares or ₹109,200 amounts.
| Category | Lot | Share | Amount |
| Retail (Min) : | 1 | 1200 | ₹109,200 |
| Retail (Max) : | 1 | 1200 | ₹109,200 |
| S-HNI (Min) : | 2 | 2400 | ₹218,400 |
Shanthala FMCG Products IPO Net Reservation :
Shanthala FMCG Products IPO Net Reservation of 1,766,400 shares are to be bid for the public issue by Vinyas Innovative Technologies IPO with 838,800 for NII 838,800 For RII.
| Category | Reservation | Shares | Amount |
| NII : | 50% | 838,800 | ₹7.63 Cr |
| RII : | 50% | 838,800 | ₹7.63 Cr |
| MMRP : | – | 88,800 | ₹0.81 Cr |
| Total : | 100% | 1,766,400 | ₹16.07 Cr |
Shanthala FMCG Products IPO EPS & RoNW :
The Shanthala FMCG Products company’s EPS & RoNW growth is an Increasing last financial year, which is shown to you in the table here.
| Year | EPS (Rs.) | RoNW % | NAV |
| 2023 | ₹3.55 | 12.38% | ₹28.64 |
| 2022 | ₹0.90 | 3.60% | ₹25.10 |
| 2021 | ₹2.88 | 11.91% | ₹24.19 |
Shanthala FMCG Products IPO Peer Comparison PE :
The Shanthala FMCG Products, According to RHP there are no listed companies in India.
| Sr. No. | Company | PE Ratio |
| 1. | There are no listed companies in India | – |
Shanthala FMCG Products IPO Dates :
Shanthala FMCG Products IPO Date is 27 October 2023 and closes on 31 October 2023. The allotment will be finalized on 03 November 2023 and the IPO may list on 06 November 2023.
| Issue Open Date : | 27 October 2023 |
| Issue Close Date : | 31 October 2023 |
| Allotment Date : | 03 November 2023 |
| Refund Date : | 06 November 2023 |
| Share Credit Date : | 07 November 2023 |
| Listing Date : | 08 November 2023 |
Shanthala FMCG Products IPO Form :
There are two ways to apply in Shanthala FMCG Products IPO. You can apply for Shanthala FMCG Products IPO through ASBA available in your bank account. You have to go to your online bank login and select Shanthala FMCG Products IPO in the Invest section and apply through your bank account. Another option is you can apply Shanthala FMCG Products IPO through IPO form download through NSE and BSE. See the Shanthala FMCG Products IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Shanthala FMCG Products Company Financial Report (lakh) :
| Year | Revenue | Expense | PAT |
| 2023 | ₹4,077.25 | ₹4,008.30 | ₹17.73 |
| 2022 | ₹3,254.57 | ₹3,206.58 | ₹4.52 |
| 2021 | ₹3,955.67 | ₹3,890.21 | ₹14.41 |
Company Promoters :
■ Manjunath Mallya
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Shanthala FMCG Products IPO Lead Managers :
■ First Overseas Capital Limited
Shanthala FMCG Products IPO Registrar :
Bigshare Services Private Limited
S6-2, 6th Floor, Pinnacle Business Park,
Mahakali Caves Road, Next to Ahura Centre,
Andheri East, Mumbai – 400 093, Maharashtra, India
Tel. No.: +91 22 6263 8200
Email: [email protected]
Investor Grievance Email: [email protected]
Website: www.bigshareonline.com
Note: Check Shanthala FMCG Products IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Shanthala FMCG Products Limited
7th Block, Gandhinagr Bye Pass Road,
Virajpet, Kodagu – 571218,
Karnataka, India
Tel No.: +91 82742 98999
Email: [email protected]
Website: www.Shanthalafmcg.com
Shanthala FMCG Products IPO FAQs :
What is Shanthala FMCG Products IPO?
Shanthala FMCG Products IPO is SME IPO. They are going to raise ₹16.07 Crores via IPO. The issue is priced at ₹91 per equity share. The IPO to be listed on NSE, SME.
When Shanthala FMCG Products IPO will open?
The IPO is to open on 27 Oct – 31 Oct for NII & RII.
How much is Shanthala FMCG Products IPO Size?
Shanthala FMCG Products IPO size is ₹16.07 Crores.
How much is the Fresh issue size of Shanthala FMCG Products IPO?
The Fresh issue size of Shanthala FMCG Products IPO ₹16.07 Cr.
What is Shanthala FMCG Products IPO Price Band?
Shanthala FMCG Products IPO Price Band is ₹91 Per share.
What is the Shanthala FMCG Products IPO Minimum and Maximum Lot Size?
The minimum bid is 1200 Shares with ₹109,200 amount while the maximum bid is 1200 shares with ₹109,200.
How much is Shanthala FMCG Products IPO Investors Portion?
The investors’ portion for QIB 0%, NII 50%, RII 50%.
When is Shanthala FMCG Products IPO Allotment Date?
Shanthala FMCG Products IPO allotment date is 03 November 2023.
When is Shanthala FMCG Products IPO Listing Date?
Shanthala FMCG Products IPO listing date is 08 November 2023. The IPO to list on NSE, SME.
How to Apply the Shanthala FMCG Products IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Shanthala FMCG Products IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Shanthala FMCG Products IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Shanthala FMCG Products IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Shanthala FMCG Products IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Shanthala FMCG Products IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Shanthala FMCG Products IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Shanthala FMCG Products IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Shanthala FMCG Products GMP: Click Here Shanthala FMCG Products Subscription: Click Here Shanthala FMCG Products Allotment: Click Here Shanthala FMCG Products Listing: Click Here |
All Shanthala FMCG Products IPO-related links are available here. If you want to know the details then click on Click Here Link.
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