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Shanthala FMCG Products IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Virajpet and caters to FMCG sector. First Overseas Capital is the merchant banker of Shanthala FMCG Products IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 7th August 2023.
Shanthala FMCG Products IPO open date is 27th October 2023 and close date is 31st October 2023. IPO Allotment Date is 3rd November 2023 and Listing date is 3rd November 2023.Shanthala FMCG Products IPO size is Rs 16.07 Cr. crores with IPO price of Rs 91.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
First Overseas Capital Limited is the book-running lead manager of the Shanthala FMCG Products IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Bhh Securities Private Limited for Shanthala FMCG Products IPO.
Shanthala FMCG Products IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Shanthala FMCG Products IPO, based in Virajpet, operates in the FMCG sector with a focus on FMCG product distributor for the large size FMCG Companies. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Shanthala FMCG Products IPO size is ₹ 16.07 Cr. Crores with fresh issue size of Rs 16.07 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Shanthala FMCG Products IPO is expected to be 3rd November 2023, after the finalization of basis of allotment. Investors can check Shanthala FMCG Products IPO allotment status on the registrars website, Bigshare Services Private Limited. Shanthala FMCG Products IPO refund dates are 6th November 2023.
Shanthala FMCG Products IPO is expected to be listed on 3rd November 2023.
The upper price band for the Shanthala FMCG Products IPO is set at ₹ 91.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Shanthala FMCG Products IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Shanthala FMCG Products IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 31st October 2023. After submission, funds are blocked until the basis of allotment of Shanthala FMCG Products IPO is finalised.
The merchant banker for Shanthala FMCG Products IPO is First Overseas Capital Limited . First Overseas Capital Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Shanthala FMCG Products IPO RHP for further details.
The registrar for Shanthala FMCG Products IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Shanthala FMCG Products IPO through their official website or helpline.
Shanthala FMCG Products IPO was subscribed 3.91 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 16.07 Cr.
Avg IPO Size (Sector Based)
:
₹ 18.30 Cr.
Sector: FMCG
SME IPO so far:
8
Merchant Banker:
First Overseas
SME IPO by BRLM so far:
47
City:
Virajpet
SME IPO so far:
1
Revenue (annualised):
₹ 37.78 cr.
PE
Ratio:
252.78x
Average Sector PE Ratio: 16.84x
Shanthala FMCG Products IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Shanthala FMCG Products Financial Review Page
Merchant Banker(s) of Shanthala FMCG Products IPO: First Overseas Capital Limited
Shanthala FMCG Products IPO subscription was 3.91 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Shanthala FMCG Products IPO listed at a listing price of 103.55 against the offer price of 91.00.
The current market price of Shanthala FMCG Products is 25.10.
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