✓
Open
27 Oct 2023
✓
Close
31 Oct 2023
3
Allotment
—
✓
Listing
Fri, Nov 3, 2023
Price Band
₹91 per share
Issue Size
17,66,400 shares (agg. up to ₹16 Cr)
Lot Size
1,200 Shares
Listing Date
Fri, Nov 3, 2023
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
03-11-2023₹0Est. ₹91+0%
02-11-2023₹0Est. ₹91+0%
01-11-2023₹0Est. ₹91+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 3.83x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Aug 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 8.27 | 6.57 | 6.16 | 5.70 |
| Total Income | 15.86 | 40.77 | 32.55 | 39.56 |
| Profit After Tax | 0.10 | 0.18 | 0.05 | 0.14 |
| NET Worth | 5.49 | 1.43 | 1.25 | 1.21 |
| Reserves and Surplus | 0.56 | 0.93 | 0.75 | 0.71 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Quicktouch Technologies Ltd. | SME | ₹9.33 Cr | ₹61 | null | ₹96.60 | +58.36% | ₹24.15 (+3.43%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding additional Working capital requirements | 11.50 |
| 2 | General Corporate Purposes | 4.00 |
About Shanthala FMCG Products IPO
Incorporated in 1996, it is an FMCG product distribution company engaged in the distribution of branded packaged foods, Personal care products, Education and stationery products, Matches and Agarbatti and tobacco products to large FMCG companies. The company aims at providing quality products at reasonable prices with on-time delivery. In 2007, Shamnthala FMCG became an authorized distributor of ITC company. The company aims to provide meaningful shopping experience to its customers. Following are the competitive strengths of the company Shanthala is an FMCG distributor for large-sized FMCG companies in India The company is engaged in the distribution of a variety of products Strong and long term relationships with customers Experienced Management Team with stong domain knowledge + Read More
Contact Details
Shanthala FMCG Products Ltd. Address7th BlockGandhinagr Bye Pass RoadVirajpetKodagu, Karnataka, 571218+91 82742 98999ipo@Shanthalafmcg.comVisit Website