The Shanthala FMCG Products IPO started on October 27, 2023, and ended on October 31, 2023. Shares were allocated on November 3, 2023, and refund processes began on November 6, 2023. On November 7, 2023, the shares were credited to investors demat accounts. Shanthala FMCG Products was officially listed on the stock exchange on November 8, 2023.
During the IPO, Shanthala FMCG Products offered shares at a price range of ₹91 per share, and the lot size was 1200 shares. The total issue size was ₹16.07 crores, with ₹16.07 crores from new shares. The IPO was listed on the NSE SME.
Regarding share reservations, 50% of the shares were allocated to other and 50% were set aside for retail investors.
Shanthala IPO Subscription Update Video
Shanthala FMCG Products IPO Subscription Status
The Shanthala FMCG Products IPO on October 27, 2023 was subscribed times, with the retail category being subscribed times, the other category being subscribed times.
| Category | Subscription |
| Other | x |
| Retail | x |
| Total | x |
Shanthala FMCG Products IPO Basic Details
| Company Name | Shanthala FMCG Products Limited |
| Domain of Company | FMCG Distributor |
| 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 |
About Shanthala FMCG Products Limited
Founded in 1996, Shanthala FMCG Products is a distributor of various consumer goods. They distribute branded packaged foods, personal care products, education and stationery items, matches, agarbatti, and tobacco products to leading FMCG companies. The company’s goal is to offer high-quality products at affordable prices, delivered on time.
In 2007, Shanthala FMCG became an authorized distributor for ITC. Their mission is to create a valuable shopping experience for their customers.
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Shanthala FMCG Products IPO FAQs
What is the start and end date of Shanthala FMCG Products IPO Subscription?
The Shanthala FMCG Products IPO started on October 27, 2023, and ended on October 31, 2023.
When does Shanthala FMCG Products IPO Subscription open?
The Shanthala FMCG Products IPO open on October 27, 2023.
When does Shanthala FMCG Products IPO Subscription close?
The Shanthala FMCG Products IPO Close on October 31, 2023.
What is the allotment date of Shanthala FMCG Products IPO?
The allotment date for Shanthala FMCG Products IPO is November 3, 2023.
When is the initial refund date of Shanthala FMCG Products IPO?
The initial Refund date for Shanthala FMCG Products IPO is November 6, 2023.
When were the shares credited to investors demat accounts for the Shanthala FMCG Products IPO?
The shares for the Shanthala FMCG Products IPO were credited to investors demat accounts on November 7, 2023.
When will Shanthala FMCG Products IPO be listed on the stock market?
Shanthala FMCG Products IPO stock market will be listed on November 8, 2023 at 10 am.
What was the price range of the Shanthala FMCG Products IPO shares?
The Shanthala FMCG Products IPO shares were offered at a price range of ₹91 per share.
What was the lot size for the Shanthala FMCG Products IPO shares?
The lot size for the Shanthala FMCG Products IPO shares was 1200 shares.
What was the total issue size of the Shanthala FMCG Products IPO?
The total issue size of the Shanthala FMCG Products IPO was ₹16.07 crores.
How were the shares allocated among different types of investors for the Shanthala FMCG Products IPO?
50% of the shares were allocated to other and 50% were set aside for retail investors.
On which stock exchanges was the Shanthala FMCG Products IPO listed?
The Shanthala FMCG Products IPO was listed on the NSE SME.
What is the Shanthala FMCG Products IPO Subscription Status?
Shanthala FMCG Products IPO is subscribed Times.
