IPO IPO-Synopsis
Shanti Inorganics Ltd

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Registered Office: Plot No.2015 Phase II GIDC,Vatva , Ahmedabad - 382445 , Gujarat , India.
Phone : +91 97277 52562   Fax:
Email :  info@shantiinorganics.com  
Website :  https://shantiinorganics.com
Initial public issue of 56,91,200 equity shares of face value of Rs10/- each of Shanti Inorganics Limited (formerly known as `Shanti Inorgo Chem (GUJ) Private Limited' and `Shanti Inorgo Chem (GUJ) Limited)', ("SIL" or "Shanti" or the "Company" or the "Issuer") for cash at a price of Rs83 per equity share including a share premium of Rs73 per equity share (the "Issue Price") aggregating to Rs47.24 Crores ("The Issue"), of which 2,84,800 equity shares of face value of Rs10/- each for cash at a price of Rs83 per equity share including a share premium of Rs73 per equity share aggregating to Rs2.36 Crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Net issue of 54,06,400 equity shares of face value of Rs10/- each at a price of Rs83 per equity share including a share premium of Rs73 per equity share aggregating to Rs44.87 Crores is hereinafter referred to as the "Net issue". The issue and the net issue will constitute 33.00% and 31.35%, respectively, of the post issue paid up equity share capital of the company. Price Band: Rs83 per equity share of face value of Rs10 each. The floor price is 8.3 times the face value of the equity shares. Bids can be made for a minimum of 3200 equity shares and in multiples of 1600 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
31-Aug-26 02-Sep-26 Rs83.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :3200  Further Multiples of :1600

  Rs Cr Lead Managers to the Issue
Project Cost 42.50
Vivro Financial Services Private Limited
Project Financed through Current Offer 47.24  
Post Issue Equity Share Capital 17.25  
Issue Price Rs83.00  
Projects
Part funding the capital expenditure towards setting up a new facility for manufacturing of sodium meta bisulphite, sodium bisulphite powder and ammonium bisulphite situated at BavlaGeneral Corporate Purposes
Promoted By
Manojkumar Jayantilal Patel
Avnish Manojkumar Patel
Suhani Avnishkumar Patel
Listing At
NSE - SME 
Registrar to the Issue
KFin Technologies Ltd