Shanthala FMCG Products IPO Details ( Shanthala FMCG Products Limited IPO Review )
(27 Oct 2023 – 31 Oct 2023)
Shanthala FMCG Products started in 1996. We distribute well-known packaged foods, personal care items, education supplies, matches, agarbatti, and tobacco products to big FMCG companies. Our goal is to offer high-quality products at affordable prices with prompt delivery.
In 2007, we became an authorized distributor for ITC. Our aim is to make sure our customers have a great shopping experience.
Shanthala FMCG Products Limited IPO Competitive Strength
- Distributor of Choice
- Distribution of variety of Products
- Experienced Promoter and management team with strong industry expertise and successful track record
- Strong and long-standing customer relationships
Shanthala FMCG Products IPO Financials Performance ( Results )
Shanthala FMCG Products Limited Financial Information (Restated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-21 | 569.67 | 3,955.67 | 14.41 | 2.88 | 120.97 | 70.97 | ||
| 31-Mar-22 | 615.79 | 3,254.57 | 4.52 | 0.90 | 125.49 | 75.49 | ||
| 31-Mar-23 | 657.21 | 4,077.25 | 17.73 | 3.55 | 143.22 | 28.64 | 93.22 | |
| 31-Aug-23 | 827.32 | 1,585.58 | 10.15 | 1.06 | 549.32 | 57.47 | 56.15 |
Objective of Shanthala FMCG Products IPO Issue
- Funding additional working capital requirements
- General Corporate Purposes
Shanthala FMCG Products IPO Basic Details
| IPO Date | Oct 27, 2023 to Oct 31, 2023 |
| Listing Date | Wednesday, 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 |
| Share holding pre issue | 4,931,664 |
| Share holding post issue | 6,698,064 |
| Company Promoters | Manjunath Mallya, Shobitha Malya, Sneha Vinayak Kudva, and Yogish Mallya |
Shanthala FMCG Products IPO Reservation
| Other Shares Offered | 50% of the Net Issue |
| Retail Shares Offered | 50% of the Net Issue |
Shanthala IPO Timetable
Shanthala IPO will open on October 27, 2023 and close on October 31, 2023. You can join Shanthala IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 27 October 2023 (Friday) |
| Closing Date | 31 October 2023 (Tuesday) |
| Basis of Allotment | 3 November 2023 (Friday) |
| Initiation of Refunds | 6 November 2023 (Monday) |
| Credit of Shares to Demat | 7 November 2023 (Tuesday) |
| Listing Date | 8 November 2023 (Wednesday) |
| Deadline for UPI mandate confirmation | 5 PM on 31 October 2023 |
Shanthala FMCG IPO Lot Size
For retail investors in Shanthala FMCG IPO, 1200 shares will come in 1 lot or the minimum investment will be ₹109,200. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹109,200.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1200 | ₹109,200 |
| Retail (Max) | 1 | 1200 | ₹109,200 |
| S-HNI (Min) | 2 | 2400 | ₹218,400 |
Shanthala FMCG IPO Promoter Holding
The company’s promoters include Manjunath Mallya, Shobitha Malya, Sneha Vinayak Kudva, and Yogish Mallya.
| Pre Issue Share Holding | 77.44% |
| Post Issue Share Holding | 57.019% |
Shanthala FMCG Products Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 60.95 |
| Earning Per Share (EPS) | ₹3.55 per Equity Share |
| Net Asset Value (NAV) | ₹28.64 per Equity Share |
| P/E Ratio (P/E) (x) | 25.66 |
| Post P/E Ratio (P/E) (x) | 252.78 |
| Return on Net Worth (RoNW) (%) | 12.38 |
| Return on equity (ROE) (%) | 12.38 |
| Return on Capital Employed (ROCE) (%) | 19 |
| Debt/Equity Ratio | 3.12 |
Shanthala FMCG Products Ltd Peer Comparison
Our Company is engaged in the distribution of FMCG products for few of the largest FMCG Companies in India. There are no listed companies in India which are engaged in the similar business to ours, accordingly these data cannot be ascertained.
Shanthala FMCG Products IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| 27 October 2023 | ₹0 | – | – |
| 26 October 2023 | ₹0 | – | – |
Shanthala FMCG Products IPO Detail Video:
link
Shanthala FMCG Products IPO Subscription Status (Bidding Detail)
The Shanthala FMCG Products IPO on October 31, 2023 at 7:00:00 PM was subscribed 3.91 times, with the retail category being subscribed 3.05 times, the other category being subscribed 4.76 times.
| Category | Subscription |
| Other | 4.76x |
| Retail | 3.05x |
| Total | 3.91x |
Shanthala FMCG Products IPO Prospectus
| Shanthala FMCG Products IPO DRHP | Download |
| Shanthala FMCG Products IPO RHP | Download |
| Shanthala FMCG Products IPO Anchor Investors Details PDF | Download |
Shanthala FMCG Products IPO Rating
| Our Rating | 2.0/5.0 |
Shanthala FMCG Products Company Contact Information
Shanthala FMCG Products Limited
Registered Office: 7th Block, Gandhinagr Bye Pass Road, Virajpet,
Kodagu – 571218, Karnataka, India
Tel No.: +91 82742 98999
Email: ipo@Shanthalafmcg.com
Website: www.Shanthalafmcg.com
Contact Person: Snehal Ravindra Bhagwat, Company Secretary and Compliance Officer
Promoter: B. Manjunath Mallya, Shobitha Malya and Yogish Mallya
Shanthala FMCG Products IPO Registrar
Bigshare Services Private Limited
Registered Office: S6-2, 6th Floor, Pinnacle Business Park,
Mahakali Caves Road, Next to Ahura Centre,
Andheri East, Mumbai – 400 093, Maharashtra, India
Tel. No.: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Investor Grievance Email: investor@bigshareonline.com
SEBI Registration No.: INR000001385
Contact Person: Babu Rapheal C.
Shanthala FMCG Products IPO Lead Manager
First Overseas Capital Limited
Registered Office: 1-2 Bhupen Chambers, Dalal Street,
Fountain, Mumbai – 400 001, Maharashtra, India.
Tel No.: +91 22 4050 9999
Email: mb@focl.in
Investor Grievance Email: investorcomplaints@focl.in
Website: www.focl.in
SEBI Registration No: INM000003671
Contact Person: Satish Sheth / Mala Soneji
Shanthala FMCG Products IPO FAQs
What is the lot size of Shanthala FMCG Products IPO?
The total size of Shanthala FMCG Products IPO is ₹16.07 crores and this is a complete fresh Issue.
When will Shanthala FMCG Products IPO start?
Shanthala FMCG Products IPO will open from 27 October 2023 and IPO will close on 31 October 2023.
What is the open date of Shanthala FMCG Products IPO?
Shanthala FMCG Products IPO will open date from 27 October 2023.
What is the last date ( close date ) of Shanthala FMCG Products IPO?
Shanthala FMCG Products IPO will close from 31 October 2023.
What is the price band of Shanthala FMCG Products IPO?
Shanthala FMCG Products IPO price band is ₹91.
What is the minimum amount required to apply for Shanthala FMCG Products IPO?
The minimum investment for retailers to apply for Shanthala FMCG Products IPO is ₹109,200 and the maximum investment is ₹109,200.
What is going on gray market premium of Shanthala FMCG Products IPO?
View gray market premium of Shanthala FMCG Products IPO by Clicking Here
How much is the GMP of Shanthala FMCG Products IPO?
Watch Shanthala FMCG Products IPO GMP Today: Click Here
What is the allotment date of Shanthala FMCG Products IPO?
The allotment date of Shanthala FMCG Products IPO is 3 November 2023.
How to check allotment status in Shanthala FMCG Products IPO?
To check the allotment status of Shanthala FMCG Products IPO, first of all go to the registrar website by clicking here, select your bad Shanthala FMCG Products IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Shanthala FMCG Products IPO?
The listing date of Shanthala FMCG Products IPO is 8 November 2023.
How much will be the listing gain in Shanthala FMCG Products IPO?
View listing gain of Shanthala FMCG Products IPO by Clicking Here
How much time Shanthala FMCG Products IPO is subscribed?
Total 3.91 times subscribed in Shanthala FMCG Products IPO out of which 3.05 times subscription was done in retail quota, 4.76 times subscription in other quota.
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How to apply for Shanthala FMCG Products IPO from Zerodha?
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