{"id":315460,"date":"2026-10-19T10:08:18","date_gmt":"2026-10-19T04:38:18","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=315460"},"modified":"2026-10-19T10:08:18","modified_gmt":"2026-10-19T04:38:18","slug":"shellz-india-initial-public-offering-review","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/shellz-india-initial-public-offering-review\/","title":{"rendered":"Shellz India IPO Review: Key Details, Company Overview and Financials"},"content":{"rendered":"

Shellz India IPO price band Rs 170 to Rs 179. Opens 15 Oct, closes 19 Oct 2026. Issue size Rs 59.97 Cr. Lists 23 Oct on BSE SME.<\/em><\/p>\n

\n

Quick Answer<\/strong><\/p>\n

The Shellz India IPO is a Rs 59.97 crore fresh issue of 33,50,400 shares priced at Rs 170 to Rs 179 per share, open from 15 to 19 October 2026 on the BSE SME platform. The Delhi confectionery maker behind the Hugs and Tosca brands plans to use Rs 22 crore to repay borrowings and Rs 23 crore for working capital. FY26 profit after tax rose 61 percent to Rs 13.37 crore on revenue growth of only 3 percent, but operating cash flow was negative and debt to equity is about 1.7.<\/p>\n<\/p><\/div>\n

The Shellz India IPO is a bookbuilding SME issue consisting entirely of a fresh issue of 33,50,400 equity shares aggregating Rs 59.97 crore at the upper band, with no offer for sale. The issue opens on 15 October 2026 and closes on 19 October 2026. Allotment is expected on 21 October, refunds on 22 October, and the shares are proposed to list on the BSE SME platform on 23 October 2026.<\/p>\n

The price band is Rs 170 to Rs 179 per share with a lot size of 800 shares, so one lot needs Rs 1,43,200 at the upper band. A tracker shows the reservation as 60 percent for qualified institutional buyers, 20 percent for non-institutional investors and 20 percent for retail investors, with an anchor portion within the QIB share, so confirm the split in the RHP.<\/p>\n

The lead manager, registrar and market maker were not available in the sources reviewed, and they should be confirmed in the Red Herring Prospectus.<\/p>\n

For detailed information on the company’s business, financials, risk factors and the use of proceeds, investors should refer to the Shellz India Red Herring Prospectus (RHP) before making an investment decision.<\/p>\n

Click Here – Get Free Investment Predictions<\/strong><\/p>\n

\n
\n

Table of Contents<\/p>\nToggle<\/span><\/path><\/svg><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n