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Shellz India IPO Review

BSE SMEListed

Diversified FMCG · Listed on BSE · 15 Oct 2026 - 19 Oct 2026

Jagat JoshiJagat Joshi
November 2, 2026
Issue Size
60.00 Cr
Price Band
₹170.00 - ₹179.00
Lot Size
800 Shares
Min Investment
₹2,86,400
GMP
₹35
Subscription
1.78x
₹33.79 Cr
IPO Timeline
IPO OpensDONE
15 Oct 2026
IPO ClosesDONE
19 Oct 2026
Basis of AllotmentDONE
21 Oct 2026
RefundsDONE
22 Oct 2026
Demat CreditDONE
22 Oct 2026
ListingDONE
23 Oct 2026

About Shellz India IPO

Shellz India IPO open date is October 15, 2026 and the IPO will close on October 19, 2026. Shellz India IPO is a Bookbuilding Issue. The company to raise around ₹59.97 crores via IPO that comprises fresh issue of ₹59.97 crores and offer for sale up to [.] equity shares with face value of ₹10 each.

Shellz India IPO price band is ₹170 to ₹179 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Shellz India IPO to list on BSE SME on October 23, 2026. The allotment of Shellz India IPO date is October 21, 2026.

The company reported revenue of ₹193.18 crores in 2026 against ₹187.39 crores in 2025. The company reported profit of ₹13.37 crores in 2026 against profit of ₹8.30 crores in 2025. As per the financials the IPO investors should apply the IPO for a long term.

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Shellz India Review

ReviewerReviewDocument / Link
D
Dilip Davda
NeutralView Review

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