The Shelter Pharma IPO started on August 10, 2023, and ended on August 14, 2023. Shares were allocated on August 18, 2023, and refund processes began on August 21, 2023. On August 22, 2023, the shares were credited to investors demat accounts. Shelter Pharma was officially listed on the stock exchange on August 23, 2023.
During the IPO, Shelter Pharma offered shares at a price range of ₹42 per share, and the lot size was 3000 shares. The total issue size was ₹16.03 crores, with ₹16.03 crores from new shares. The IPO was listed on both the BSE SME.
Regarding share reservations, 50% of the shares were allocated to other and 50% were set aside for retail investors.
Shelter IPO Subscription Update Video
Shelter Pharma IPO Subscription Status
The Shelter Pharma IPO on August 14, 2023 was subscribed 15.25 times, with the retail category being subscribed 22.28 times, the other category being subscribed 6.59 times.
| Category | Subscription |
| Other | 6.59x |
| Retail | 22.28x |
| Total | 15.25x |
Shelter Pharma IPO Basic Details
| Company Name | Shelter Pharma Limited |
| Domain of Company | Producing Herbal Items |
| IPO Open Date | August 10, 2023 |
| IPO Close Date | August 14, 2023 |
| IPO Allotment Date | August 18, 2023 |
| IPO Listing Date | August 23, 2023 |
| Face Value | ₹10 per share |
| Price | ₹42 per share |
| Lot Size | 3000 Shares |
| Issue Size | 3,816,000 shares (aggregating up to ₹16.03 Cr) |
| Fresh Issue | 3,816,000 shares (aggregating up to ₹16.03 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Company Promoters | Mr. Mustaqim Nisarahmed Sabugar and Mr. Shakil Nisarahmed Sabugar |
About Shelter Pharma Limited
Established in 2007, Shelter Pharma Limited, formerly known as Shelter Pharmacy, specializes in crafting herbal products for both Human Pharma and Veterinary sectors.
The company creates herbal remedies that cater to the well-being of humans, poultry, and veterinary needs. Based in Himmatnagar, Gujarat, the company’s mission is to provide cost-effective and advanced solutions to address health concerns in both human and animal realms.
The company offers an extensive array of health supplements designed to enhance human and poultry health, blending the principles of Ayurveda with modernity – a guiding principle for the company.
Shelter Pharma’s product lineup encompasses a range of Human Healthcare products such as Lemonade Barley Water, Sherolax, Baldeepak, and Stonyl Tablets, as well as Veterinary Healthcare products like Agrical Powder, Lactocal gel, and Shelodex Ultra Ointment.
Shelter Pharma’s customer base is primarily drawn from rural and semi-urban markets.
Shelter Pharma IPO Should you subscribe?
Shelter Pharma IPO More Details Click Here
Shelter Pharma IPO FAQs
What is the start and end date of Shelter Pharma IPO Subscription?
The Shelter Pharma IPO started on August 10, 2023, and ended on August 14, 2023.
When does Shelter Pharma IPO Subscription open?
The Shelter Pharma IPO open on August 10, 2023.
When does Shelter Pharma IPO Subscription close?
The Shelter Pharma IPO Close on August 14, 2023.
What is the allotment date of Shelter Pharma IPO?
The allotment date for Shelter Pharma IPO is August 18, 2023.
When is the initial refund date of Shelter Pharma IPO?
The initial Refund date for Shelter Pharma IPO is August 21, 2023.
When were the shares credited to investors demat accounts for the Shelter Pharma IPO?
The shares for the Shelter Pharma IPO were credited to investors demat accounts on August 22, 2023.
When will Shelter Pharma IPO be listed on the stock market?
Shelter Pharma IPO stock market will be listed on August 23, 2023 at 10 am.
What was the price range of the Shelter Pharma IPO shares?
The Shelter Pharma IPO shares were offered at a price range of ₹42 per share.
What was the lot size for the Shelter Pharma IPO shares?
The lot size for the Shelter Pharma IPO shares was 3000 shares.
What was the total issue size of the Shelter Pharma IPO?
The total issue size of the Shelter Pharma IPO was ₹16.03 crores.
How were the shares allocated among different types of investors for the Shelter Pharma IPO?
50% of the shares were allocated to Other, and 50% were set aside for Retail investors.
On which stock exchanges was the Shelter Pharma IPO listed?
The Shelter Pharma IPO was listed on both the BSE SME.
What is the Shelter Pharma IPO Subscription Status?
Shelter Pharma IPO is subscribed 15.25 Times.
