Shanthala FMCG Products Limited
NSE SME₹109,200 / 1200 Shares
IPO Details
Shanthala FMCG Products Limited IPO is priced between ₹91 per equity share, with a face value of ₹10 per share. The company's equity shares will be listed on the NSE SME, and Bigshare Services Pvt Ltd is managing the issue as the registrar.
The IPO bidding period opened on 27 Oct, 2023, and closed on 31 Oct, 2023. The allotment results will be announced on 1 Nov, 2023, with a tentative listing date set for 3 Nov, 2023.
The total issue comprises 1,766,400 shares, amounting to ₹16.07 Cr.
Shanthala FMCG Products Limited IPO Highlights
| IPO Date | Listing Date | Face Value | Price Band | Lot Size | Fresh Issue | Offer for Sale | Listing At |
|---|---|---|---|---|---|---|---|
| Oct 27, 2023 - Oct 31, 2023 | 3 Nov, 2023 | ₹10 Per Equity Share | ₹91 per equity share | - | Shares | - | NSE SME |
Shanthala FMCG Products Limited IPO Timeline
Issue Price
₹91 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt LtdMarket Lot
1200 Shares (₹109,200/-)Lead Manager
First Overseas Capital LimitedIssue Size
1,766,400 shares(aggregating up to ₹16.07 Cr)Retail Portion
50%Subscription
3.91 timesShanthala FMCG Products Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 23 | 657.21 | 4077.25 | 17.73 | - | - | - |
| 31 Mar 22 | 615.79 | 3254.57 | 4.52 | - | - | - |
| 31 Mar 21 | 569.67 | 3955.67 | 14.41 | - | - | - |
All values are in ₹ Lakh
About Company
It is an FMCG product distribution company engaged in the distribution of branded packaged foods, Personal care products, Education and stationery products, Matches and Agarbatti and tobacco products to large FMCG companies. The company aims at providing quality products at reasonable prices with on-time delivery.
In 2007, Shamnthala FMCG became an authorized distributor of ITC company. The company aims to provide meaningful shopping experience to its customers.
Shanthala FMCG Products Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 8,38,800 | 8,38,800 | 16,77,600 |
| Day 1 - 27-10-23 06:00 PM | 2.10 x | 0.80 x | 1.45 x |
| Day 2 - 30-10-23 06:00 PM | 2.80 x | 1.73 x | 2.27 x |
| Day 3 - 31-10-23 06:00 PM | 4.76 x | 3.05 x | 3.91 x |
Shanthala FMCG Products Limited IPO - Issue Objectives
- Funding additional working capital requirements
- General Corporate Purposes