Shelter Pharma IPO Date, Review, Price, Allotment Details

Shelter Pharma IPO Details: Shelter Pharma IPO date is fixed, The IPO will open on August 10 and will close on August 14. Shelter Pharma is an BSE SME IPO to raise ₹16.17 crores via IPO. The Shelter Pharma IPO price band is fixed at ₹42 with a market lot of 3000 shares.

Shelter Pharma IPO

Table of Contents

Shelter Pharma primarily focuses on manufacturing herbal products with a well-built presence in Human Pharma as well as Veterinary space. Shelter started with a few products about decades back. However, over a period of time, it has added products to its portfolio through its in-house R & D efforts backed by sound knowledge of Ayurveda. Shelter is present in most of the non-critical segments of Human as well as Veterinary Pharma through its well-spread portfolio. It enjoys good product acceptance and market share in the state of Gujarat. In the Human pharma segment, Shelter has a product portfolio of OTC products as well as Ethical pharma products. Similarly, Shelter has OTC and Ethical presence in the Veterinary segment. Shelter has a respectable track record of the efficacy of its products. All the products are priced very competitively considering Shelter’s target market.


The Company’s business was slowly expanded from a local presence in Himmatnagar to well spread presence in the state of Gujarat. Shelter remained a family enterprise before the incorporation of the Company with a consolidated position in Gujarat. The introduction of a new generation of promoters, set up of new companies around 2007 brought new ideas and aspirations to the business. Shelter has embarked on a major restructuring drive in line with redefined goals and objectives for last 4 years. The company has reworked its organizational structure, product portfolio, distribution network, pricing, packaging, and internal processes. It has also invested substantially in strengthening infrastructure with fresh fund infusions to improve its manufacturing capacity in Himmatnagar.

The company is also in the process of building up its management bandwidth with the planned induction of senior-level professionals in the system. It is also strengthening its R & D systems to fuel future growth in domestic as well as international market.


Objects of the Issue:

  • Working Capital Requirements
  • General Corporate Purposes

Shelter Pharma IPO Review

  • Avoid

Shelter Pharma IPO Date & Price Band Details

IPO Open:August 10, 2023
IPO Close:August 14, 2023
IPO Size:Approx ₹16.03 Crores, 3,816,000 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹42 Per Equity Share
IPO Listing on:BSE SME
Retail Quota:50% 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

Shelter Pharma IPO Market Lot

The Shelter Pharma IPO minimum market lot is 3000 shares with a ₹126,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum13000₹126,000
Retail Maximum13000₹126,000
S-HNI Minimum26000₹252,000

Shelter Pharma IPO Dates

The Shelter Pharma IPO date is August 10 and the IPO close date is August 14. The IPO allotment date is August 18 and the IPO might list on August 23.

IPO Open Date:August 10, 2023
IPO Close Date:August 14, 2023
Basis of Allotment:August 18, 2023
Refunds:August 21, 2023
Credit to Demat Account:August 22, 2023
IPO Listing Date:August 23, 2023

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

Shelter Pharma IPO Form

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


Shelter Pharma Company Financial Report

₹ in Crores
YearRevenueExpensePAT
2020₹30.07₹29.83₹0.08
2021₹22.49₹22.31₹0.04
2022₹30.06₹27.08₹2.09
2023 9M₹30.12₹23.35₹4.94

Shelter Pharma IPO Valuation – FY2022

Check Shelter Pharma 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):₹42.54 per Equity Share
Price/Earning P/E Ratio:19.55
Return on Net Worth (RoNW):23.39%
Net Asset Value (NAV):₹11.37 per Equity Share

Peer Group

  • Dabur India Limited
  • Emami Limited

Company Promoters

  • Mr. Mustaqim Nisarahmed Sabugar
  • Mr. Shakil Nisarahmed Sabugar

Shelter Pharma IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com

Shelter Pharma IPO Allotment Status

Check Shelter Pharma IPO allotment status on Bigshare website URL. Click Here

Shelter Pharma IPO Lead Managers aka Merchant Bankers

  • Gretex Corporate Services Limited

Company Address

Shelter Pharma Limited
Shelter Nagar,
Near S. T. Bus Stand,
Himmatnagar -383001
Phone: 02772296038
Email: [email protected]
Website: https://shelter.co.in/

Shelter Pharma IPO FAQs


What is Shelter Pharma IPO?

Shelter Pharma IPO is an BSE SME IPO. They are going to raise ₹16.03 Crores via IPO. The issue is priced at ₹42 per equity share. The IPO is to be listed on BSE.

When Shelter Pharma IPO will open?

The IPO is to open on August 10, 2023 for QIB, NII, and Retail Investors.

What is Shelter Pharma IPO Investors Portion?

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

How to Apply the Shelter Pharma IPO?

You can apply Shelter Pharma 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 Shelter Pharma 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 “Shelter Pharma”. 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 Shelter Pharma IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Shelter Pharma”. 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 Shelter Pharma IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Shelter Pharma”. 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 Shelter Pharma IPO Size?

Shelter Pharma IPO size is ₹16.03 crores.

What is Shelter Pharma IPO Price Band?

Shelter Pharma IPO Price Band is ₹42 per equity share.

What is Shelter Pharma IPO Minimum and Maximum Lot Size?

The IPO bid is 3000 shares with ₹126,000.

What is Shelter Pharma IPO Allotment Date?

Shelter Pharma IPO allotment date is August 18, 2023.

What is Shelter Pharma IPO Listing Date?

Shelter Pharma IPO listing date is August 23, 2023. The IPO to list on BSE SME.

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

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