IPO
IPO Synopsis Shanti Inorganics Ltd
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 Rs. 10/- 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 Rs. 83 per equity share including a share premium of Rs. 73 per equity share (the "Issue Price") aggregating to Rs. 47.24 Crores ("The Issue"/"Fresh Issue"), of which 2,84,800 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 83 per equity share including a share premium of Rs. 73 per equity share aggregating to Rs. 2.36 Crores was 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 Rs. 10/- each at a price of Rs. 83 per equity share including a share premium of Rs. 73 per equity share aggregating to Rs. 44.87 Crores is hereinafter referred to as the "Net issue". The issue and the net issue constitute 33.00% and 31.35% respectively, of the post issue paid up equity share capital of the company. Price Band: Rs. 83 per equity share of face value of Rs. 10 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  83.00-0.00  0.00-0.00
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  83.00  
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 Bavla  General Corporate Purposes
Promoted By
 Manojkumar Jayantilal Patel
 Avnish Manojkumar Patel
 Suhani Avnishkumar Patel
Listing At
 NSE - SME
Registrar to the Issue
 KFin Technologies Ltd
 
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