
Shellz India
23 Oct '26SME
Min. Investment
₹2,72,000
Issue size
₹59.97 Cr
GMP
Locked
Overall subscription: 0.03x
Expert verdict

IPO dates
15 Oct
Opening
19 Oct
Closing
23 Oct
Listing
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 1600 | ₹2,86,400 |

Subscription (as on 15 October 2026, 12:00 PM)
Overall0.03x
About company
Founded: 2012|MD: Mr Kapil Garg
- Shellz manufactures and markets confectionery products and supplies food and bakery ingredients. Its product portfolio includes over 300 stock keeping units (SKUs) across categories such as baked treats, chocolates, jellies, panned confectionery and sugar confectionery. The company markets its consumer products under the brands Hugs and Tosca. It also manufactures products under private labels for third-party customers and exports to markets in the Middle East, South Asia, and Europe.
- In addition, it supplies non-branded food and bakery ingredients. The company operates through a distribution network of over 300 super stockists, with its products available across retail outlets in around 24 states in India as of March 31, 2026. Its manufacturing facilities are located in Delhi and Sonipat, Haryana. The Sonipat facility is being developed to consolidate and expand existing operations and increase production capacity. The company manufactures its consumer products in-house.
Issue Details & Objective
Lot size
800 Shares
Price band
₹170 to 179
Face value
₹10 per share

Financials
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 Shellz India IPO is ₹59.97 Cr
The Shellz India IPO will be open for applications from 15 Oct '26 to 19 Oct '26
The lot size of Shellz India IPO is 800 Shares and its minimum investment amount is ₹2,72,000.

