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.
Shellz India Limited manufactures and markets packaged confectionery products in India, with a portfolio spanning choco delights, jellies, baked treats, panned and sugar candies, and food and bakery ingredients. Its consumer products are sold primarily under the Hugs and Tosca brands, with the Hugs portfolio focused largely on mass-market price points.
The company distributes through a super-stockist-led network and also sells through modern trade, online platforms, export markets and private-label arrangements. Its products are manufactured at its Delhi facility, while manufacturing operations are being consolidated and expanded at Sonipat, Haryana. The business focuses on broad product availability across urban, semi-urban, smaller-town and rural markets, with a wide distribution footprint across India. Revenue is generated from sale of confectionery and bakery products and ingredients, with a small services contribution from its subsidiary in the latest interim period.
| Category | Shares Offered | Shares Applied | Subscription Times (x) |
|---|
| GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated Profit* | Last Updated |
|---|---|---|---|---|---|
| 22-10-2026 | ₹179 | ₹25 | ₹204 ( 13.97% ) | ₹20,000.00 | 22-Oct-2026 10:05 AM |
| 21-10-2026 | ₹179 | ₹35 | ₹214 ( 19.55% ) | ₹28,000.00 | 21-Oct-2026 09:57 AM |
| 19-10-2026 | ₹179 | ₹46 | ₹225 ( 25.70% ) | ₹36,800.00 | 19-Oct-2026 03:41 PM |
| 12-10-2026 | ₹179 | ₹0 | ₹179 ( 0.00% ) | ₹0.00 | 12-Oct-2026 04:51 PM |
A quick overview of the key Financial Performance of Shellz India Limited.
*All values are in Rs. Cr
Revenue decreased by 75%, Profit after Tax (PAT) decreased by 69%, Total Assets increased by 7% between FY2026 and FY2027 (Jun).
| Period Ended | FY2024 | FY2025 | FY2026 | FY2027 (Jun) |
|---|---|---|---|---|
| Revenue | 162.41 | 186.97 | 192.62 | 47.24 |
| Assets | 147.04 | 167.36 | 213.72 | 229.36 |
| Total Income | 162.81 | 187.39 | 193.18 | 47.43 |
| Profit After Tax | 5.25 | 8.30 | 13.37 | 4.08 |
| EBITDA | 18.94 | 22.79 | 30.15 | 8.52 |
| Net Worth | 26.99 | 40.58 | 58.95 | 63.03 |
| Reserves & Surplus | 26.35 | 39.89 | 50.24 | 54.31 |
| Total Borrowings | 70.93 | 78.18 | 100.83 | 108.56 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Investors (IND) (Min) | 2 | 1,600 | ₹ 2,86,400 |
| Individual Investors (IND) (Max) | 2 | 1,600 | ₹ 2,86,400 |
| S-HNI (Min) | 3 | 2,400 | ₹ 4,29,600 |
| S-HNI (Max) | 6 | 4,800 | ₹ 8,59,200 |
| B-HNI (Min) | 7 | 5,600 | ₹ 10,02,400 |
| KPI | Latest |
|---|---|
| ROE (%) | 6.69 |
| ROCE (%) | 4.69 |
| Debt / Equity | 1.72 |
| RoNW (%) | 6.47 |
| PAT Margin (%) | 8.63 |
| EBITDA Margin (%) | 18.04 |
|
Pre IPO
Post IPO
|
|
| EPS (₹) |
4.68
-
|
| P/E (x) |
-
-
|
| Promoter Holding (%) |
88.11
63.64
|
