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
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.
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|
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|
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|
- 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]
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
Shanthala FMCG Products Limited
7th Block, Gandhinagr Bye Pass Road
Kodagu – 571218
Phone: +91 82742 98999
Email: [email protected]