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Shanthala FMCG Products IPO Dates, Price band, Review & allotment Details 2023

Shanthala FMCG Products is set to launch an IPO which will open on October 27, 2023, and close on October 31, 2023. Through this public offer company wants to raise Rs. 16.07 Crore from the primary market, Company fixed the price band of Rs. 91 with a minimum lot of 1,200 shares, and list on November 08, according to the preliminary papers filed to the capital market regulator SEBI.

About Shanthala FMCG Products Company

Shanthala FMCG Products is engaged in the business of FMCG product distributors for large companies, primary products are branded packaged foods, education, stationery products, branded beauty & wellbeing, nutrition, personal care & home care products, and oil, sugar, atta etc. the company presently operates in the state of Karnataka.

Check out the IPO allotment status on IPO Deliver.

Shanthala FMCG Products IPO Object

The company intends to use the IPO Funds for the below-mentioned purposes:

  1. Additional working capital requirement of the company
  2. General corporate purposes and offer expenses.

Shanthala FMCG Products Strength

  1. FMCG distributor for big companies
  2. Wide range of products.
  3. Strong and long-term relationship with customers
  4. Focus on quality environment, health and safety
  5. Experience promoters and senior management team

Shanthala FMCG Products Risk Factor

Dependence on single or few customers

Shanthala FMCG Products IPO Review & Rating

Issue Size (Rs.) 16.07 crore
Issue Price (Rs.) 91 per share
Minimum Lot Size 1,200 shares
Total Profit (March 2023) (Rs.) 0.115 crore
RoCE (%) 19%
EPS (Rs.) 3.55
NAV (Rs.) 28.64 per share
Listing on NSE Emerge (SME)
IPO Deliver Rating Long Term

 

Shanthala FMCG Products IPO Dates, Price Band & Details

Shanthala FMCG Products IPO will open on October 27, 2023, and close on October 31, 2023. The IPO list on November 08, 2023.  

Type of issue Fixed Price IPO
Issue Size (Rs.) 16.07 Crore
Face Value (Rs.) 10/- per share
IPO Open Date October 27, 2023
IPO Close Date October 31, 2023
IPO Allotment Date November 03, 2023
Refund Date November 06, 2023
Share Credit Date November 07, 2023
Listing Date November 08, 2023

 

Shanthala FMCG Products IPO Offer

Shanthala FMCG Products IPO’s total issue size is 17,66,400 shares which comprises below below-mentioned categories.

Offer Category Shares Offer Amount (Rs.)
Fresh Issue 17,66,400 16.07 Crore
Offer for Sale (OFS)

 

Shanthala FMCG Products Financials Review (Lakhs)

The following table sets forth the summary of financial information of the company for the financial year ending March 31, 2023, 2022, and 2021.

Category (Rs.) March 31, 2023 March 31, 2022 March 31, 2021
Total Revenue 4,077.25 3,254.57 3,955.67
Net Worth 143.22 125.49 120.97
Profit 17.73 4.52 14.41
Total Borrowings 168.70 204.69 262.89

 

Shanthala FMCG Products IPO Quantitative Factors

The following table sets forth the summary of financial information of the company for the financial year ending March 31, 2023, 2022, and 2021.

Category March 31, 2023 March 31, 2022 March 31, 2021
EPS (Rs.) 3.55 0.90 2.88
RoNW (%) 12.38 3.60 11.91
NAV (Rs.) 28.64 25.10 24.19

 

Shanthala FMCG Products IPO Peers Comparison (Top 2)

There is no company available for Comparison with the other same segment listed companies in India.

Company Names EPS (Rs.) RoNW (%) NAV (Rs.)

 

Shanthala FMCG Products Company Promoters

As per the DRHP and RHP, the company has four Promoter.  

Serial No. Name
01. B. Manjunath Mallya
02. Shobita Mallya
03. Yogesh Mallya
04. Snehal Vinayak Kudva

 

Shanthala FMCG Products Pre-offer and Post-Offer Promoters Shareholding

Promoter and promoter group Shareholding Percentage (%)
Pre-Issue
Post- Issue 59.71

.

Shanthala FMCG Products IPO Reservation

Shanthala FMCG Products IPO total reservation of 17,66,400 shares, distributed between the below-mentioned categories.

Category No. of Shares
Others – Not more than 50% of the offer size 8,38,800
RII- Not more than 50% of the offer size 8,38,800
Market Maker Portion 88,800

 

Shanthala FMCG Products IPO – Market Lot Size

An individual investor can apply for a minimum of 1 lot of 1,200 Shares Market lot sizes for retail investors are as follows:

Application Lot Size No. of Shares Amount (Rs.)
Retail Minimum 1 1,200 1,09,200
Retail Maximum 1 1,200 1,09,200

 

Shanthala FMCG Products IPO – Prospectus

An investor can download/view the Shanthala FMCG Products Limited prospectus copy, which was filed by the company to SEBI, details are as follows.

Shanthala FMCG Products IPO Prospectus Download/View Links
Draft Red Herring Prospectus (DRHP) Click here
Red Herring Prospectus (RHP) Click here

 

Shanthala FMCG Products IPO Registrar

BigShare Services Private Limited

Tel No.: +91-022 62638200

E-Mail: ipo@bigshareonline.com

Website: www.bigshareonline.com

Shanthala FMCG Products IPO lead manager

First Overseas Capital Limited

Tel No.: +91 224050 9999

E-Mail: mb@focl.in

Website: www.focl.in

Shanthala FMCG Products IPO Application (How to Apply for an IPO)

There are primary four options for applying for a Shanthala FMCG Products IPO, details are as follows:

Option-1 Apply for IPO through Internet Banking

Step-1. Log into your bank account.

Step-2. In the invest Tab, you will see ASBA, click on it.

Step-3. Choose to apply for IPO and select the ongoing IPO “Shanthala FMCG Products Limited

Step-4. Enter the basic details like bid quantity, price, PAN, etc. then proceed with payment.

Step-5. After the above steps, the respective amount will get blocked till the allotment date and after it will get a refund/debited in case of rejection/allotment respectively.

Option-2 Apply for IPO through a Broker firm

Step-1. Log into your broker account (e.g. Upstox/Zerodha etc.)

Step-2. Click on the IPO tab and select the ongoing IPO “Shanthala FMCG Products Limited

Step-3. Enter the basic details like bid quantity, price, PAN, etc. then enter UPI ID and proceed with payment.

Step-4. Your funds will get blocked, and once shares have been allotted to you, the respective amount will get debited from your account or get refunded in case no allotment is made to you.

Option-3 Apply for IPO Offline Mode Bank mode

Step-1. Visit the nearest branch of your bank.

Step-2. Fill out the ASBA form and submit it with KYC details.

Step-3. Your funds will get blocked, and once shares have been allotted to you, the respective amount will get debited from your bank account or refunded in case no allotment is made to you.

Option – 4 Apply for IPO through Stock Exchanges

NSE Form – Click to download

BSE Form – Click to download

Submit the form with your bank/broker.

Shanthala FMCG Products Company Details

Shanthala FMCG Products Limited (2014)

Registered Office: 07th Block, Gandhi Nagar, Bye Pass Road, Viragpet, Kodagu-571218

Tel: +91-82742 98999

Email: ipo@shanthalafmcg.com  

Website: www.shanthalafmcg.com  

Investor Grievances/Compliance Officer: Snehal Ravindra Bhagwat

 

Shanthala FMCG Products Subsidiary Companies (Top 2)

 

Serial No. Name of Companies
01.
02.

 

Shanthala FMCG Products Company Board (Top 2)

Serial No. Name of Directors
01. B. Manjunath Mallya
02. Shobita Mallya

 

Shanthala FMCG Products IPO – Frequently Asked Questions (FAQ’s)

Q-1 What is Shanthala FMCG Products IPO?

Ans: Shanthala FMCG Products brings its SME IPO of Rs. 16.07 crore, on October 27, 2023, with a price band of Rs. 91 per share.

Q-2 what is Shanthala FMCG Products IPO Open date?

Ans: Shanthala FMCG Products IPO opening date is October 27, 2023.

Q-3 what is Shanthala FMCG Products IPO Close date?

Ans: Shanthala FMCG Products IPO closing date is October 31, 2023.

Q-4 What is Shanthala FMCG Products IPO Listing date?

Ans: Shanthala FMCG Products IPO listing date is November 08, 2023.

Q-5 What is Shanthala FMCG Products IPO Minimum investment amount?

Ans: Shanthala FMCG Products IPO minimum investment amount is Rs. 1,09,200.

Q-6 What is Shanthala FMCG Products IPO offer issue Size?

Ans: Shanthala FMCG Products offers an issue size of Rs. 16.07 Crores.

Q-7 What is Shanthala FMCG Products IPO Price Band?

Ans: Shanthala FMCG Products IPO price band is Rs 91 per share.

Q-8 Is Shanthala FMCG Products IPO mainboard IPO or SME IPO?

Ans: Shanthala FMCG Products IPO is the SME IPO.

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