The Shelter Pharma IPO minimum market lot is 3000 shares with ₹126,000 application amount. The Shelter Pharma IPO is a BSE SME IPO, and it will list on BSE.
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.
IPOWatch View
We recommend investors may apply for an IPO with Caution (Risky). Investors should also look at the QIB, NII, and Retail numbers before investing.
Shelter Pharma IPO Subscription Status – Day 3
| Category | Day 3 |
| NII | 6.59 |
| RII | 22.28 |
| Total | 15.25 |
Shelter Pharma 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
Shelter Pharma IPO Review
- Avoid
Shelter Pharma IPO Form
How to apply for the Shelter Pharma IPO? You can apply for 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 is you can apply for Shelter Pharma IPO via IPO forms downloaded online. Check out the Shelter Pharma forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
