care@investkraft.com
+91-9599071040
+91-9797971876
NSE SME
Shanti Inorganics Limited IPO
Download DRHP
Latest GMP
- Lead Manager
- Vivro Financial Services Private Limited
- IPO Registrar
- KFin Technologies Limited
- IPO Open Date
- 31st Aug 2026
- IPO Close Date
- 2nd Sep 2026
- Allotment date
- 3rd Sep 2026
- Listing date
- 7th Sep 2026
- Issue Size
- ₹ 47 Cr.
- Issue Price Band
- ₹ 79 to 83
- Lot Size
- 1600 Share
- Minimum Investment
- ₹ 265600
Disclaimer: IPO details, GMP, subscription figures, and other related information are for informational purposes only and may not always be accurate or up to date. Please verify the latest details from official sources before investing.
About Shanti Inorganics Limited
Shanti Inorganics Ltd. is engaged in the business of manufacturing and trading of sulphur-based inorganic chemicals.
The product portfolio consists of ammonium bisulphite, sodium bisulphite solutions, sodium meta/bisulphite, and sodium sulphite powder, which are primarily used as preservatives, reducing agents, oxygen scavengers, and process intermediates across multiple industries such as oil drilling, pharmaceuticals, food and beverages, pulp & paper, and water treatment.
Manufacturing Facilities
The company’s manufacturing facilities are located at:
- Vatva Unit (Manufacturing Unit – I): Plot no. 2015, Phase III, GIDC, Vatva, Ahmedabad – 382445, Gujarat, India
- Bavla Unit (Manufacturing Unit – II): Plot no. 5/A & 5/B, Sankalp Industrial Estate, Village: Chiyada, Ta.: Bavla, Ahmedabad
Product Portfolio
- Sodium meta bisulphite
- Sodium sulphite powder
- Ammonium bisulphite solution
- Sodium bisulphite powder/solution
Competitive Strengths
- Geographical diversification through exports to international markets
- Long-standing relationship with diversified customers across multiple industries
- Strategically located production facilities with access to abundant resources of raw materials and long-term relationships with suppliers
- Certifications and compliance with quality and food safety standards
IPO Subscription Details
| Category | Shares Offered | Shares Applied | Subscription Times (x) |
|---|---|---|---|
| QIB (Ex Anchor) | 10,81,600 (30.88%) | 14,16,54,400 | 130.97 |
| NII | 5,26,400 (15.03%) | 15,89,00,800 | 301.86 |
| bNII (> ₹10L) | 2,70,400 (7.72%) | 11,68,60,800 | 432.18 |
| sNII (< ₹10L) | 2,70,400 (7.72%) | 4,20,40,000 | 155.47 |
| Retail | 18,94,400 (54.09%) | 23,81,60,000 | 125.72 |
| Total | 35,02,400 (100.00%) | 53,87,15,200 | 153.81 |
Updated on 2026-09-14 09:50:25
Grey Market Premium (GMP)
| GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated Profit* | Last Updated |
|---|---|---|---|---|---|
| 02-09-2026 | ₹83 | ₹13 | ₹96 ( 15.66% ) | ₹20,800.00 | 02-Sep-2026 04:01 PM |
| 01-09-2026 | ₹83 | ₹21 | ₹104 ( 25.30% ) | ₹33,600.00 | 01-Sep-2026 10:09 AM |
| 31-08-2026 | ₹83 | ₹31 | ₹114 ( 37.35% ) | ₹49,600.00 | 31-Aug-2026 09:43 AM |
| 29-08-2026 | ₹83 | ₹31 | ₹114 ( 37.35% ) | ₹49,600.00 | 29-Aug-2026 10:18 AM |
| 27-08-2026 | ₹83 | ₹31 | ₹114 ( 37.35% ) | ₹49,600.00 | 27-Aug-2026 10:58 AM |
| 26-08-2026 | ₹83 | ₹31 | ₹114 ( 37.35% ) | ₹49,600.00 | 26-Aug-2026 10:27 AM |
Disclaimer: Grey Market Premium (GMP) is an unofficial market indicator provided for informational purposes only. It may change at any time and should not be considered investment advice or a guarantee of listing gains. Please evaluate company fundamentals, financials, valuation, and subscription data, and consult a SEBI-registered financial advisor before making any investment decision.
Financials of Shanti Inorganics Limited
A quick overview of the key financial performance of Shanti Inorganics Limited.
Total Assets (₹ Cr)
Revenue (₹ Cr)
Profit after Tax (₹ Cr)
*All values are in Rs. Cr
Company Financials
Revenue decreased by 78%, Profit after Tax (PAT) decreased by 76%, Total Assets increased by 14% between FY2026 and FY2027 (May).
| Period Ended | FY2024 | FY2025 | FY2026 | FY2027 (May) |
|---|---|---|---|---|
| Revenue | 44.87 | 57.11 | 71.22 | 15.98 |
| Assets | 52.69 | 66.04 | 97.04 | 110.73 |
| Total Income | 45.06 | 58.46 | 72.93 | 16.10 |
| Profit After Tax | 5.12 | 7.99 | 10.22 | 2.50 |
| EBITDA | 8.72 | 12.06 | 15.40 | 4.02 |
| Net Worth | 17.60 | 25.60 | 48.24 | 50.74 |
| Reserves & Surplus | 16.97 | 24.96 | 36.68 | 39.18 |
| Total Borrowings | 24.34 | 25.38 | 30.67 | 34.85 |
Amount in ₹ Crore
IPO Lot Size
Application
Lots
Shares
Amount
Individual Investors (IND) (Min)
2
3,200
₹ 2,65,600
Individual Investors (IND) (Max)
2
3,200
₹ 2,65,600
S-HNI (Min)
3
4,800
₹ 3,98,400
S-HNI (Max)
7
11,200
₹ 9,29,600
B-HNI (Min)
8
12,800
₹ 10,62,400
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Investors (IND) (Min) | 2 | 3,200 | ₹ 2,65,600 |
| Individual Investors (IND) (Max) | 2 | 3,200 | ₹ 2,65,600 |
| S-HNI (Min) | 3 | 4,800 | ₹ 3,98,400 |
| S-HNI (Max) | 7 | 11,200 | ₹ 9,29,600 |
| B-HNI (Min) | 8 | 12,800 | ₹ 10,62,400 |
Key Performance Indicators (KPI)
| KPI | Latest |
|---|---|
| ROE (%) | 5.05 |
| ROCE (%) | 4.45 |
| Debt / Equity | 0.69 |
| RoNW (%) | 5.05 |
| PAT Margin (%) | 15.53 |
| EBITDA Margin (%) | 25.16 |
|
Pre IPO
Post IPO
|
|
| EPS (₹) |
2.16
-
|
| P/E (x) |
-
-
|
| Promoter Holding (%) |
74.85
50.15
|
Disclaimer:
KPI values are based on information disclosed in the IPO prospectus and are provided for informational purposes only.
IPO Lead Manager(s)
Lead Manager Details
- Vivro Financial Services Private Limited
- Contact Person: Kruti Saraiya / Jay Dodiya
- SEBI Registration Number: INM000010122
- Investor Grievance Email: investors@vivro.net
- Website: https://www.vivro.net
- Email: investors@vivro.net
- Phone: +91 79 4040 4242
- Address: Vivro House, 11 Shashi Colony, Opp. Suvidha Shopping Center, Paldi, Ahmedabad 380007, Gujarat, India
IPO Registrar
- Registrar Name
- KFin Technologies Limited
- shanti.ipo@kfintech.com
- Phone
- +91 40 67162222 / 1800 309 4001
- Contact Person
- M Murali Krishna
- SEBI Registration Number
- INR000000221
- Address
- Selenium Tower B, Plot No. 31 and 32, Financial District, Nanakramguda, Serilingampally, Hyderabad 500032, Telangana, India
- Website
- https://www.kfintech.com/
Company Contact Details
- Company Name
- Shanti Inorganics Limited
- Phone
- +91-97277 52562
- Contact Person
- Maulik S Bhavsar
- Corporate Identity Number
- U24100GJ2010PLC059218
- Address
- Plot No.-2015, Phase III GIDC, Vatva, Ahmedabad 382445, Gujarat, India
- Website
- https://shantiinorganics.com
Shanti Inorganics Limited FAQs
The Shanti Inorganics Limited IPO is a SME IPO with a total issue size of
₹ 47 crores.
The IPO price band is fixed at
₹79 to ₹ 83 per share,
and the minimum lot size is
1600 Shares.
The Shanti Inorganics Limited IPO will open on
31st Aug 2026,
and will close on
2nd Sep 2026.
KFin Technologies Limited has been appointed as the registrar for the issue.
The equity shares are proposed to be listed on NSE SME.
The Shanti Inorganics Limited IPO opens on 31st Aug 2026 and closes on 2nd Sep 2026.
The Shanti Inorganics Limited IPO lot size is 1600 Share, and the minimum amount required for application is ₹ 265600.
You can apply for the Shanti Inorganics Limited IPO through your bank account using the ASBA facility or via your online trading and Demat account.
To apply online, log in to your broker’s platform, select Shanti Inorganics Limited IPO, enter the number of lots, choose your price within the price band, and submit the application.
After submitting, approve the UPI mandate to block the required amount in your bank account.
Once the IPO allotment is finalised, shares will be credited to your Demat account if allotted. If not allotted, the blocked amount will be released automatically.
The Shanti Inorganics Limited IPO listing date is 7th Sep 2026.
Investkraft Assistant
Beta Version
Powered by AI
👋 Hi! Before we start, may I know your name?
