Shanti Inorganics
07 Sep '26SME
Min. Investment
₹2,52,800
Issue size
₹47.24 Cr
GMP
Locked
Overall subscription: 0.96x
Expert verdict
IPO dates
31 Aug
Opening
02 Sep
Closing
03 Sep
Allotment
07 Sep
Listing
*Refunds will be initiated on 04 Sep '26
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3200 | ₹2,65,600 |
Subscription (as on 31 August 2026, 05:30 PM)
Overall0.96x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2010|MD: Mr Manojkumar Jayantilal Patel
- Shanti Inorganics is engaged in the manufacturing and supply of sulphur-based inorganic chemicals. Its product portfolio includes ammonium bisulphite solution, sodium bisulphite powder and solution, sodium metabisulphite, and sodium sulphite powder/anhydrous. These products are used as preservatives, reducing agents, oxygen scavengers, and process intermediates across industries such as food and beverages, chemicals, oil drilling, pharmaceuticals, ceramics, agrochemicals, water treatment, petrochemicals, cosmetics, paints, polymers, boilers, and mining.
- The company operates two manufacturing units in Ahmedabad, Gujarat. Manufacturing Unit I at Vatva has an installed capacity of 18,800 metric tonnes per annum (MTPA), while Phase I of Manufacturing Unit II at Bavla commenced commercial production in February 2025 with an installed capacity of 18,000 MTPA. Phase II of the Bavla facility is under development with a proposed capacity of 78,544 MTPA.
- The company holds ISO 9001:2015, NSF, KOSHER, HACCP, and HALAL certifications and sells its products in the domestic and international markets.
Issue Details & Objective
Lot size
1600 Shares
Price band
₹79 to 83
Face value
₹10 per share
Financials
IPO reservation
Anchor investor - 29.95%
QIB - 20.01%
HNI - 9.74%
Retail - 35.04%
Download DRHP (IPO Doc)FAQs
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
The issue size of Shanti Inorganics IPO is ₹47.24 Cr
The Shanti Inorganics IPO will be open for applications from 31 Aug '26 to 02 Sep '26
The lot size of Shanti Inorganics IPO is 1600 Shares and its minimum investment amount is ₹2,52,800.
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Shanti Inorganics IPO is null
