Shanti Inorganics
· SME · NSE
Price Band
₹79–83
Lot Size
1600 shares
Issue Size
₹47 Cr
Min. Investment
₹2,65,600
Grey Market Premium
Last unofficial quote before listing
Cap price plus current GMP: ₹138 — arithmetic, not a forecast
Subscription Status
Category-wise subscription figures aren't available for this issue.
Shanti InorganicsIPO: Overview & Key Facts
Shanti Inorganics IPO is an SME issue that listed on NSE on 7 September 2026. The price band is ₹79–₹83 per equity share, with a market lot of 1,600 shares. The total issue size is ₹47 Cr. At the upper price band, the minimum application for an individual investor is 2 lots (3,200 shares), amounting to ₹2,65,600 — SME issues require individual investors to bid for at least two lots.
Shanti Inorganics IPO GMP & Listing
The last grey market premium (GMP) reported for Shanti Inorganics IPO before listing was ₹55, about 66.27% over the upper price band of ₹83, and informal quotes had risen over the sessions we recorded. The shares opened at ₹157.7 on listing day, 90% above the issue price of ₹83. GMP is an unofficial, unregulated indicator quoted by off-market dealers; it moves with supply and demand and is not a guaranteed listing price. For how often it has been right, read our research on IPO GMP accuracy.
Shanti Inorganics IPO Allotment & Listing
The registrar for this issue is KFin Technologies Ltd.; the basis of allotment was finalised on 3 September 2026 and the shares listed on 7 September 2026. You can check your allotment status on our IPO Allotment Checker using your PAN or application number.
Listing Performance
Issue Price
₹83
Listed At
₹157.7
Current Price
₹165.55
Issue Objectives
- Part funding the capital expenditure towards setting up a new facility for manufacturing of sodium meta bisulphite, sodium bisulphite powder and ammonium bisulphite situated at Bavla, Ahmedabad, Gujarat
- Issue Expenses
Reservation
| Category | Shares Offered | % |
|---|---|---|
| QIB | 27,00,800 | 49.96% |
| − Anchor Investor | 16,19,200 | 0% |
| − QIB (Ex. Anchor) | 10,81,600 | 0% |
| NII (HNI) | 8,11,200 | 15% |
| − bNII > ₹10L | 5,40,800 | 0% |
| − sNII < ₹10L | 2,70,400 | 0% |
| Retail | 18,94,400 | 35.04% |
| Market Maker | 2,84,800 | 0% |
- QIB50.0%
- − Anchor Investor0.0%
- − QIB (Ex. Anchor)0.0%
- NII (HNI)15.0%
- − bNII > ₹10L0.0%
- − sNII < ₹10L0.0%
- Retail35.0%
- Market Maker0.0%
Market Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 3200 | ₹2,65,600 |
| Individual investors (IND) (Max) | 2 | 3200 | ₹2,65,600 |
| S-HNI (Min) | 3 | 4800 | ₹3,98,400 |
| S-HNI (Max) | 7 | 11200 | ₹9,29,600 |
| B-HNI (Min) | 8 | 12800 | ₹10,62,400 |
Financials (₹ Cr)
Valuations
EPS (Pre IPO)
8.84
EPS (Post IPO)
8.70
ROE
5.05%
P/E (Pre IPO)
9.39
P/E (Post IPO)
9.54
Market Cap
₹95.92 Cr.
Contact Details
Shanti Inorganics Ltd. Address
- +91-97277 52562
- info@shantiinorganics.com
- https://shantiinorganics.com/
Registrar Contact Details
KFin Technologies Ltd.
- +91 40 6716 2222
- einward.ris@kfintech.com
- https://kfintech.com
- Selenium Tower B, Plot 31-32, Financial District, Nanakramguda, Hyderabad – 500032
Frequently Asked Questions
Key Dates
- Open Date
- 31 Aug 2026
- Close Date
- 02 Sept 2026
- Basis of Allotment
- 03 Sept 2026
- Listing Date
- 07 Sept 2026
Issue Details
- Registrar
- KFin Technologies
- Exchange
- NSE