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