Shanti Inorganics IPO Allotment Status: Steps to Verify Status & Key Issue Details

03 September 2026
2 min read
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The allotment status for the ₹47.24 crore Shanti Inorganics IPO is likely to be announced today, September 3, 2026. Investors can check their IPO allotment status on the official websites of the NSE and the IPO registrar, KFin Technologies Limited.

The shares are expected to be listed on the NSE SME platform on September 7, 2026.

Procedure to Check Shanti Inorganics IPO Allotment Status Online on NSE

  • Visit the NSE’s IPO allotment verification status page here.
  • Select “Equity & SME IPO Bid Details”.
  • In Select Symbol, select “SHANTIINOR”.
  • Enter your PAN No. and Application No.
  • Click “Submit”.

Procedure to Check Shanti Inorganics IPO Allotment Status on KFin Technologies Limited (Registrar to the Issue)

  • Visit the KFin Technologies’ IPO allotment status page here.
  • In Select IPO, select “SHANTI INORGANICS LIMITED SME IPO”.
  • Enter any of the following details.
    • App. No.
    • Demat Account
    • PAN
  • Click “Submit”.

Shanti Inorganics IPO - Issue Details

  • Issue Type: Book Built Issue (Fresh Issue only)
  • Total Issue Size: Up to ₹47.24 crore
  • Fresh Issue: Up to ₹47.24 crore
  • Offer for Sale (OFS): Not Applicable
  • Face Value: ₹10 per equity share
  • Price Band: ₹79 to ₹83 per share
  • Lot Size: 1,600 shares
  • Minimum Investment Amount (Retail Investor): ₹2,65,600 (3,200 shares at the upper price)
  • Listing: NSE SME
  • Book Running Lead Managers: Vivro Financial Services Private Limited
  • Registrar: KFin Technologies Limited

Explore other Upcoming IPOs on BSE and NSE.

Shanti Inorganics IPO Overall Subscription Status

[September 2, 2026, 7:00 PM]

Category 

Subscription (x)

Qualified Institutional Buyers (QIBs)

130.97x

Non-Institutional Investors (NIIs)

195.53x

Retail Individual Investors (RIIs)

125.72x

Total 

142.17x

Utilisation of IPO Proceeds

The company intends to utilise the net proceeds from the fresh issue towards:

  • 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
  • General corporate purposes.

About Shanti Inorganics Limited

Shanti Inorganics Limited is engaged in the manufacturing and supply of sulphur-based inorganic chemicals, with one of India's largest domestic bisulphite production capacities at 18,800 MTPA. Its product portfolio includes sodium bisulphite, sodium metabisulphite, ammonium bisulphite, and sodium sulphite, serving industries such as food & beverages, pharmaceuticals, water treatment, oil drilling, and mining.

The company operates manufacturing facilities in Vatva and Bavla, Gujarat, supplying both domestic and international customers. It has steadily expanded its production capacity and product range since 2010, and holds quality certifications including ISO 9001:2015, HACCP, Halal, Kosher, and NSF.

Key Financial Highlights 

Particulars

FY26

(in ₹ crore)

FY25

(in ₹ crore)

FY24

(in ₹ crore)

Revenue from operations

71.22 

57.11 

 

44.87

EBITDA

15.40 

12.06 

8.73

 

Profit After Tax (PAT)

10.22 

7.99 

5.12

 

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.

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