Shanti Inorganics IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.23 | 1.63 | 130.97 |
| NII | 1.61 | 3.92 | 195.53 |
| RII | 1.72 | 5.15 | 125.72 |
| Total | 1.25 | 3.88 | 142.17 |
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
The Shanti Inorganics IPO minimum market lot is 3,200 shares with ₹2,65,600 application amount. The Shanti Inorganics IPO is a SME IPO, and it is to be listed on NSE SME.
Business Overview
Established in 1998 by Mr. Manoj J. Patel, Shanti Inorganics is a trusted manufacturer of a wide range of sulfur-based inorganic chemicals. Its product portfolio includes ammonium bisulphite, sodium bisulphite solutions, sodium meta/ bisulphite, and sodium sulphite powder, used as preservatives, reducing agents, oxygen scavengers, and process intermediates.
Its products are used in a diverse range of industries such as oil drilling, pharmaceuticals, food and beverages, pulp & paper, and water treatment. Shanti Inorganics exports over 60% of its production to more than 15 countries. Its 2 advanced manufacturing facilities are situated in Ahmedabad, covering 28,000 m², equipped with state-of-the-art infrastructure and fully automated plants that ensure top-quality products.
Shanti Inorganics IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Shanti Inorganics IPO Review and Rating
- May Apply For Long-term View
Shanti Inorganics IPO Form
How to apply for the Shanti Inorganics IPO? You can apply for Shanti Inorganics IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Shanti Inorganics IPO in the Invest section. The other option is you can apply for Shanti Inorganics IPO via IPO forms downloaded online. Check out the Shanti Inorganics forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
