Shanti Inorganics Ltd.
SMENSE₹79–83
₹ 34 Cr
3200 Shares
₹ 2,52,800
₹10
Financial Summary
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| 7,122.02 | 5,710.57 | |
| 171.37 | 135.41 | |
| 7,293.39 | 5,845.98 | |
| 5,582.3 | 4,504.72 | |
| 1,382.82 | 1,077.31 | |
| 1,022 | 799.36 |
Subscription Details
IPO Timeline
IPO Offer Start
31 Aug 2026
IPO Offer Ends
2 Sept 2026
7 Sept 2026
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 1 | Part funding the capital expenditure towards setting up a new facility for ammonium bisulphite | 430 |
Promoters
Book Running Lead Managers
Promoter Shareholding
Pre-IPO
83.65%
Promoter stake
Post-IPO
56.05%
Promoter stake
Offered to Public
40,72,000
shares
Post Share Capital
96,67,040
shares
IPO Registrar
KFIN Technologies Ltd.
About the Company
We are engaged in the business of manufacturing and trading of sulphur based inorganic chemicals. Our productportfolio consists of ammonium bisulphite, sodium bisulphite solutions, sodium meta/ bisulphite, and sodiumsulphite powder, which are primarily used as preservatives, reducing agents, oxygen scavengers and processintermediates across multiple industries such as oil drilling, pharmaceuticals, food and beverages, pulp & paperand water treatment. In the inorganic chemical industry, products are categorized into two grades, food grade andtechnical grade, based on specific application and usage requirements.
Use of Proceeds
1. 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, Ahmedabad, Gujarat; (“Proposed Project”)2. General Corporate Purposes
Shanti Inorganics Ltd. Latest News
IPO FAQs
The Shanti Inorganics Ltd. IPO has a total of ₹34 crore, calculated at the upper end of the .
The Shanti Inorganics Ltd. IPO is priced at ₹79–83 per share. bids must fall within this , against a of ₹10 per share.
The for the Shanti Inorganics Ltd. IPO is 3,200 shares, which is also the minimum order quantity — you have to apply for at least 3,200 shares, and in multiples of 3,200 beyond that.
The minimum investment in the Shanti Inorganics Ltd. IPO is about ₹2,52,800 — one lot of 3,200 shares, calculated at the lower end of the .
Bidding at the cut-off or upper price raises the amount blocked in your account.
The Shanti Inorganics Ltd. opens on 31 Aug 2026 and closes on 2 Sept 2026.
Applications have to be in before 5:00 PM IST on the closing day, and your UPI mandate needs to be approved by then as well.
Shanti Inorganics Ltd. shares were listed on 7 Sept 2026 on NSE.
KFIN Technologies Ltd. is the for the Shanti Inorganics Ltd. IPO.
The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them.
Shanti Inorganics Ltd. IPO shares are listed on NSE.
Each Shanti Inorganics Ltd. share has a of ₹10.
Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.
held 83.65% of Shanti Inorganics Ltd. before the IPO, which falls to 56.05% after the issue.
40,72,000 shares of Shanti Inorganics Ltd. are being offered to the public in this issue.
- 1.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, Ahmedabad, Gujarat; (“Proposed Project”)
- 2.General Corporate Purposes
Vivro Financial Services Pvt Ltd is the book running lead manager for the Shanti Inorganics Ltd. IPO.
Pre-apply means placing your Shanti Inorganics Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.
Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.
You can apply in the Shanti Inorganics Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.
Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.
Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.
You can check the Shanti Inorganics Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.