Shanti Inorganics
| Offer Type | Bookbuilding IPO |
| Sale Type | Fresh capital only |
| Listing At | NSE SME |
| Face Value | ₹ 10 per share |
| Price Band | ₹79 to ₹83 |
| Lot Size | 1600 shares |
| Total Issue Size | 56,91,200 shares (agg. up to ₹ 47 Cr) |
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 83.65% | |
| Public | 16.35% | |
| Total | 100% |
| EPS(₹) (pre → post) | 8.84 → 8.70 |
| P/E (x) (pre → post) | 9.39 → 9.54 |
| Market Cap at Offer Price | ₹143.15 Cr |
| Metric | 31 May 2026 | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|---|
| Assets | 110.73 | 97.04 | 66.04 | 52.69 |
| Total Income | 16.10 | 72.93 | 58.46 | 45.06 |
| Profit After Tax | 2.50 | 10.22 | 7.99 | 5.12 |
| EBITDA | 4.02 | 15.40 | 12.06 | 8.72 |
| NET Worth | 50.74 | 48.24 | 25.60 | 17.60 |
| Reserves and Surplus | 39.18 | 36.68 | 24.96 | 16.97 |
| Total Borrowing | 25.38 | 24.34 |
| ROE | 5.05% |
| ROCE | 4.45% |
| Debt/Equity | 0.69 |
| RoNW | 5.05% |
| PAT Margin | 15.53% |
| EBITDA Margin | 25.16% |
| NAV | 43.91 |
| Price to Book Value | 1.89 |
| Company | Issue price | P/E | Listing-day close |
|---|---|---|---|
| Devson Catalyst Ltd. | ₹118 | 9.66 | ₹205.95 |
| Vahh Chemicals Ltd. | ₹60 | 7.15 | ₹66.50 |
| Biopol Chemicals Ltd. | ₹108 | 19.73 | ₹105.50 |
| Neochem Bio Solutions Ltd. | ₹98 | 15.85 | ₹111.80 |
| Speb Adhesives Ltd. | ₹56 | 16.73 | ₹57.00 |
| SK Minerals & Additives Ltd. | ₹127 | 10.45 | ₹152.25 |
| Shlokka Dyes Ltd. | ₹91 | 13.69 | ₹85.50 |
| Sudeep Pharma Ltd. | ₹593 | 47.61 | ₹774.15 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 3,200 | ₹2,65,600 |
| Individual investors (IND) (Max) | 2 | 3,200 | ₹2,65,600 |
| S-HNI (Min) | 3 | 4,800 | ₹3,98,400 |
| S-HNI (Max) | 7 | 11,200 | ₹9,29,600 |
| B-HNI (Min) | 8 | 12,800 | ₹10,62,400 |
| Date | GMP ₹ | Implied |
|---|---|---|
| 2026-09-08 | 54 | +65.1% |
| 2026-09-08 | 54 | +65.1% |
| 2026-09-07 | 54 | +65.1% |
| 2026-09-07 | 54 | +65.1% |
| 2026-09-07 | 54 | +65.1% |
| 2026-09-07 | 54 | +65.1% |
| 2026-09-07 | 54 | +65.1% |
| 2026-09-07 | 54 | +65.1% |
| 2026-09-07 | 54 | +65.1% |
| 2026-09-07 | 43 | +51.8% |
| 2026-09-06 | 43 | +51.8% |
| 2026-09-06 | 43 | +51.8% |
| 2026-09-06 | 43 | +51.8% |
| 2026-09-06 | 43 | +51.8% |
🏢About Shanti Inorganics
Shanti Inorganics IPO is a book build issue of ₹47.24 crores. The issue is entirely a fresh issue of 0.57 crore shares of ₹47.24 crore.
Shanti Inorganics IPO opens for subscription on Aug 31, 2026 and closes on Sep 2, 2026. The allotment for the Shanti Inorganics IPO is expected to be finalized on Sep 3, 2026. Shanti Inorganics IPO will list on the NSE SME with a tentative listing date fixed as Sep 7, 2026.
Shanti Inorganics IPO is set issue price band at ₹79 to ₹83 per share. The lot size for an application is 1,600 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,65,600 (3,200 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (4,800 shares), amounting to ₹3,98,400.
Vivro Financial Services Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The Market Maker of the company is Rikhav Securities Ltd.
🎯Objects of the Issue
| Object | ₹ Cr |
|---|---|
| Part funding the capital expenditure towards setting up a new facility for manufacturing o | 43.00 |
| General Corporate Purposes | – |
- • Vivro Financial Services Pvt.Ltd.
- • Kfin Technologies Ltd.
- allotment status is checked on the registrar's portal