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Shelter Pharma IPO is a book build IPO listing on BSE SME exchange. The company is based in Himmatnagar and caters to Pharmaceutical - Ayurvedic sector. Gretex Corporate Services is the merchant banker of Shelter Pharma IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 28th April 2023.
Shelter Pharma IPO open date is 10th August 2023 and close date is 14th August 2023. IPO Allotment Date is 18th August 2023 and Listing date is 23rd August 2023.Shelter Pharma IPO size is Rs 16.03 Cr. crores with IPO price of Rs 42.00 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.
Gretex Corporate Services Limited is the book-running lead manager of the Shelter Pharma IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Gretex Share Broking Private Limited for Shelter Pharma IPO.
Shelter Pharma IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Shelter Pharma IPO, based in Himmatnagar, operates in the Pharmaceutical - Ayurvedic sector with a focus on Manufacturing herbal products. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Shelter Pharma IPO size is ₹ 16.03 Cr. Crores with fresh issue size of Rs 16.03 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Shelter Pharma IPO is expected to be 18th August 2023, after the finalization of basis of allotment. Investors can check Shelter Pharma IPO allotment status on the registrars website, Bigshare Services Private Limited. Shelter Pharma IPO refund dates are 21st August 2023.
Shelter Pharma IPO is expected to be listed on 23rd August 2023.
The upper price band for the Shelter Pharma IPO is set at ₹ 42.00 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 Shelter Pharma 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 Shelter Pharma 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 14th August 2023. After submission, funds are blocked until the basis of allotment of Shelter Pharma IPO is finalised.
The merchant banker for Shelter Pharma IPO is Gretex Corporate Services Limited . Gretex Corporate Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Shelter Pharma IPO RHP for further details.
The registrar for Shelter Pharma 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 Shelter Pharma IPO through their official website or helpline.
Shelter Pharma IPO was subscribed 15.25 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 16.03 Cr.
Avg IPO Size (Sector Based)
:
₹ 35.77 Cr.
Sector: Pharmaceutical - Ayurvedic
SME IPO so far:
3
Merchant Banker:
Gretex Corporate
SME IPO by BRLM so far:
47
City:
Himmatnagar
SME IPO so far:
2
Revenue (annualised):
₹ 36.15 cr.
PE
Ratio:
8.40x
Average Sector PE Ratio: 12.54x
Shelter Pharma IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Shelter Pharma Financial Review Page
Merchant Banker(s) of Shelter Pharma IPO: Gretex Corporate Services Limited
Shelter Pharma IPO subscription was 15.25 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.
Shelter Pharma IPO listed at a listing price of 41.96 against the offer price of 42.00.
The current market price of Shelter Pharma is 39.19.
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