Shellz India Ltd IPO

Shellz manufactures and markets confectionery products and supplies food and bakery ingredients. Its product portfolio includes over 300 stock keeping units (SKUs) across categories such as baked treats, chocolates, jellies, panned confectionery and sugar confectionery. The company markets its consumer products under the brands Hugs and Tosca. It also manufactures products under private labels for third-party customers and exports to markets in the Middle East, South Asia, and Europe. In addition, it supplies non-branded food and bakery ingredients. The company operates through a distribution network of over 300 super stockists, with its products available across retail outlets in around 24 states in India as of March 31, 2026. Its manufacturing facilities are located in Delhi and Sonipat, Haryana. The Sonipat facility is being developed to consolidate and expand existing operations and increase production capacity. The company manufactures its consumer products in-house.;