The Shanthala FMCG Products IPO commenced on October 27, 2023, and concluded on October 31, 2023. The allotment of shares took place on November 3, 2023, and the initiation of refunds began on November 6, 2023. The shares were credited to the demat accounts of investors on November 7, 2023. Finally, the listing of Shanthala FMCG Products on the stock exchange occurred on November 8, 2023.
The Shanthala FMCG Products IPO was priced at ₹91 per share, with a lot size of 1200 shares. The total issue size was ₹16.07 crores, comprising a fresh issue of ₹16.07 crores. The IPO was listed on the NSE SME.
In terms of quota reservations, the Other quota was reserved for 50% of the shares and the Retail quota was reserved for 50% of the shares.
Shanthala FMCG Products IPO Basic Details
| Company Name | Shanthala FMCG Products Limited |
| Domain of Company | FMCG Distributor |
| Shanthala FMCG Products IPO GMP Today | ₹0.00 |
| Shanthala FMCG Products IPO Listing Gain | 0.00% |
| Shanthala FMCG Products IPO Open Date | October 27, 2023 |
| Shanthala FMCG Products IPO Close Date | October 31, 2023 |
| Shanthala FMCG Products IPO Allotment Date | November 3, 2023 |
| Shanthala FMCG Products IPO Listing Date | November 8, 2023 |
| Face Value | ₹10 per share |
| Price | ₹91 per share |
| Lot Size | 1200 Shares |
| Issue Size | 1,766,400 shares of ₹10 (aggregating up to ₹16.07 Cr) |
| Fresh Issue | 1,766,400 shares of ₹10 (aggregating up to ₹16.07 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Company Promoters | Manjunath Mallya, Shobitha Malya, Sneha Vinayak Kudva, and Yogish Mallya |
Shanthala FMCG Products IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹0 | 0.00% | – | – |
| 26 October 2023 | ₹0 | 0.00% | – | – |
Shanthala IPO Details:
Shanthala FMCG Products started in 1996. They distribute popular packaged foods, personal care items, education supplies, matches, incense sticks, and tobacco products to big FMCG companies. Their goal is to offer good products at fair prices and ensure timely delivery.
By 2007, they had become an authorized distributor for ITC. Their focus is on making shopping enjoyable for their customers.
Shanthala FMCG Products IPO More Details Click Here
Shanthala FMCG Products IPO FAQs
When is Shanthala FMCG Products IPO open?
Shanthala FMCG Products IPO will open on 27 October 2023.
When is Shanthala FMCG Products IPO Close?
Shanthala FMCG Products IPO will be closed on 31 October 2023.
What is Shanthala FMCG Products IPO GMP Today?
The Shanthala FMCG Products IPO GMP aka Grey Market Premium is ₹0.
What is Shanthala FMCG Products IPO Kostak Rates Today?
The Shanthala FMCG Products IPO Kostak Rate is ₹000.
What is Shanthala FMCG Products IPO Subject to Sauda Price Today?
The Shanthala FMCG Products IPO subject to sauda rates is ₹000.
Shanthala FMCG Products IPO Expected Returns?
The Shanthala FMCG Products expected return is 0.00%.
How much will be the listing gain in Shanthala FMCG Products IPO?
Shanthala FMCG Products IPO will get listing gain of 0.00%. (Approx.)
