Shanthala FMCG Products IPO Date, Review, Price, Allotment Details

Shanthala FMCG Products IPO Details: Shanthala FMCG Products IPO date is fixed, The IPO will open on October 27 and will close on October 31. Shanthala FMCG Products is an NSE SME IPO to raise ₹16.07 crores via IPO. The Shanthala FMCG Products IPO price band is fixed at ₹91 with a market lot of 1200 shares.

Shanthala FMCG Products IPO

Shanthala FMCG Products was operating their distributorship business through two proprietary firms viz. M/s. Shanthala Enterprises – Prop. Mrs. Sharada Malya and M/s. Shanthala Traders – Prop. B. Manjunath. They are an FMCG product distributor for large-size FMCG Companies in India for whom they distribute Branded packaged foods, Personal care products, Education and stationery products, Matches, and agarbatti and tobacco products.


They are also distributors for one of the largest FMCG MNC Companies in India. They distribute branded Beauty & well-being, Nutrition, Personal care, and home care products for them.

Shanthala FMCG Products also distributes Oil, Sugar, and Atta for M. K. Agrotech Pvt. Ltd. sold under their brand name Sunpure. At present their area of operation is in the district of Coorg, Karnataka where customers are scattered across a large area which makes it a difficult market to service for new entrants and it has been home for Shanthala and promoters for more than 20 years. As they have been catering to this place since our inception, they have a deeper understanding of our customers’ needs which makes us indispensable to large consumer companies.


Objects of the Issue:

  • Funding additional working capital requirements.
  • General Corporate Purposes.

Shanthala FMCG Products IPO Review

  • Avoid

Shanthala FMCG Products IPO Date & Price Band Details

IPO Open:October 27, 2023
IPO Close:October 31, 2023
IPO Size:Approx ₹16.07 Crores, 1,766,400 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹91 Per Equity Share
IPO Listing on:NSE SME
Retail Quota:50% of the net offer
QIB Quota:[.]% of the net offer
NII Quota:50% of the net offer
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors in IPO:Click Here

Shanthala FMCG Products IPO Market Lot

The Shanthala FMCG Products IPO minimum market lot is 1200 shares with a ₹109,200 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum11200₹109,200
Retail Maximum11200₹109,200
S-HNI Minimum22400₹218,400

Shanthala FMCG Products IPO Dates

The Shanthala FMCG Products IPO date is October 27 and the IPO close date is October 31. The IPO allotment date is November 3 and the IPO might list on November 8.

IPO Open Date:October 27, 2023
IPO Close Date:October 31, 2023
Basis of Allotment:November 3, 2023
Refunds:November 6, 2023
Credit to Demat Account:November 7, 2023
IPO Listing Date:November 8, 2023

You can check IPO subscription status and IPO allotment status on their respective pages.

Shanthala FMCG Products IPO Form

How to apply Shanthala FMCG Products IPO? You can apply Shanthala FMCG Products IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Shanthala FMCG Products IPO in the Invest section. The other option you can apply Shanthala FMCG Products IPO via IPO forms download via the NSE website. Check out the Shanthala FMCG Products forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.


Shanthala FMCG Products Company Financial Report

₹ in Crores
YearRevenueExpensePAT
2021₹39.56₹38.90₹0.14
2022₹32.55₹32.07₹0.05
2023₹40.77₹40.08₹0.18
2023 6M₹15.86₹15.55₹0.10

Shanthala FMCG Products IPO Valuation – FY2023

Check Shanthala FMCG Products IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):₹3.55 per Equity Share
Price/Earning P/E Ratio:NA
Return on Net Worth (RoNW):12.38%
Net Asset Value (NAV):₹28.64 per Equity Share

Peer Group

  • NA

Company Promoters

  • Manjunath Mallya
  • Shobitha Malya
  • Sneha Vinayak Kudva
  • Yogish Mallya

Shanthala FMCG Products IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6273 8200
Email: [email protected]
Website: http://www.bigshareonline.com

Shanthala FMCG Products IPO Allotment Status

Check Shanthala FMCG Products IPO allotment status on Bigshare website URL. Click Here

Shanthala FMCG Products IPO Lead Managers aka Merchant Bankers

  • First Overseas Capital Limited

Company Address

Shanthala FMCG Products Limited
7th Block, Gandhinagr Bye Pass Road
Virajpet
Kodagu – 571218
Phone: +91 82742 98999
Email: [email protected]
Website: https://shanthalafmcg.com/

Shanthala FMCG Products IPO FAQs


What is Shanthala FMCG Products IPO?

Shanthala FMCG Products IPO is an NSE SME IPO. They are going to raise ₹16.07 Crores via IPO. The issue is priced at ₹91 per equity share. The IPO is to be listed on NSE.

When Shanthala FMCG Products IPO will open?

The IPO is to open on October 27, 2023 for QIB, NII, and Retail Investors.

What is Shanthala FMCG Products IPO Investors Portion?

The investors’ portion for QIB is [.]%, NII is 50%, and Retail is 50%.

How to Apply the Shanthala FMCG Products IPO?

You can apply Shanthala FMCG Products IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Shanthala FMCG Products IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Shanthala FMCG Products”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Shanthala FMCG Products IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Shanthala FMCG Products”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Shanthala FMCG Products IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Shanthala FMCG Products”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Shanthala FMCG Products IPO Size?

Shanthala FMCG Products IPO size is ₹16.07 crores.

What is Shanthala FMCG Products IPO Price Band?

Shanthala FMCG Products IPO Price Band is ₹91 per equity share.

What is Shanthala FMCG Products IPO Minimum and Maximum Lot Size?

The IPO bid is 1200 shares with ₹109,200.

What is Shanthala FMCG Products IPO Allotment Date?

Shanthala FMCG Products IPO allotment date is November 3, 2023.

What is Shanthala FMCG Products IPO Listing Date?

Shanthala FMCG Products IPO listing date is November 8, 2023. The IPO to list on NSE SME.

Note: The Shanthala FMCG Products IPO details are announced officially. The IPO grey market premium (Shanthala FMCG Products IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

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