Shellz India
· SME · BSE
Price Band
₹170–179
Lot Size
800 shares
Issue Size
₹60 Cr
Min. Investment
₹2,86,400
Grey Market Premium
Unofficial and indicative — can change during the day
Cap price plus current GMP: ₹214 — arithmetic, not a forecast
Subscription Status
Category-wise subscription figures aren't available for this issue.
Shellz IndiaIPO: Overview & Key Facts
Shellz India IPO is an SME issue whose public bidding closed on 19 October 2026, with listing on BSE scheduled for 23 October 2026. The price band is ₹170–₹179 per equity share, with a market lot of 800 shares. The total issue size is ₹60 Cr. At the upper price band, the minimum application for an individual investor is 2 lots (1,600 shares), amounting to ₹2,86,400 — SME issues require individual investors to bid for at least two lots.
Shellz India IPO GMP Today
The latest grey market premium (GMP) reported for Shellz India IPO is ₹35, about 19.55% over the upper price band of ₹179, and informal quotes had risen over the sessions we recorded. Cap price plus GMP works out to ₹214 — arithmetic, not a forecast. 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, or compare with GMP for all active IPOs.
Shellz India IPO Allotment & Listing
The registrar for this issue is Bigshare Services Pvt. Ltd., with the basis of allotment scheduled for 21 October 2026 and listing expected on 23 October 2026. Once results are published, you can check your allotment status on our IPO Allotment Checker using your PAN or application number. If you are not allotted shares, the amount blocked in your bank account under ASBA is released after the basis of allotment is finalised.
Issue Objectives
- Repayment or prepayment, in full or in part, of certain outstanding borrowings availed by our Company
- Funding our incremental working capital requirements and
- General corporate purposes
Reservation
| Category | Shares Offered | % |
|---|---|---|
| QIB | 15,09,600 | 49.97% |
| − Anchor Investor | 9,04,800 | 0% |
| − QIB (Ex. Anchor) | 6,04,800 | 0% |
| NII (HNI) | 4,53,600 | 15.02% |
| − bNII > ₹10L | 3,02,400 | 0% |
| − sNII < ₹10L | 1,51,200 | 0% |
| Retail | 10,57,600 | 35.01% |
| Market Maker | 3,29,600 | 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 | 1600 | ₹2,86,400 |
| Individual investors (IND) (Max) | 2 | 1600 | ₹2,86,400 |
| S-HNI (Min) | 3 | 2400 | ₹4,29,600 |
| S-HNI (Max) | 6 | 4800 | ₹8,59,200 |
| B-HNI (Min) | 7 | 5600 | ₹10,02,400 |
Financials (₹ Cr)
Valuations
EPS (Pre IPO)
15.34
EPS (Post IPO)
13.52
ROE
6.47%
P/E (Pre IPO)
11.67
P/E (Post IPO)
13.24
Market Cap
₹156.03 Cr.
Contact Details
Shellz India Ltd. Address
- 110026011 4850 4
- investor@shellz.in
- https://www.shellz.in/
Registrar Contact Details
Bigshare Services Pvt. Ltd.
- +91 22 6263 8200
- ipo@bigshareonline.com
- https://bigshareonline.com
- Office No. S6-2, 6th Floor, Pinnacle Business Park, Andheri East, Mumbai – 400093
Frequently Asked Questions
Key Dates
- Open Date
- 15 Oct 2026
- Close Date
- 19 Oct 2026
- Basis of Allotment
- 21 Oct 2026
- Listing Date
- 23 Oct 2026
Issue Details
- Registrar
- Bigshare Services
- Exchange
- BSE