Shanti Inorganics IPO Booked 142.16 Times on Final Day

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Last Updated: 2nd September 2026 - 05:16 pm

Shanti Inorganics IPO was subscribed 142.16 times by 5:06 PM on Day 3, September 2, 2026. The public issue received bids for 53,83,88,800 shares against 37,87,200 shares available for subscription, based on the provided subscription data. The IPO bidding window ran from August 31 to September 2, 2026.

Non-Institutional Investors (NII) led the bidding on the final day, with their reserved portion subscribed 195.53 times. The Qualified Institutional Buyers (QIB) category was subscribed 130.97 times, while the Individual Investors portion was booked 125.70 times.

Subscription Status of Shanti Inorganics IPO

Date QIB NII Individual Total
Day 1 (August 31) 0.23 1.61 1.75     1.26
Day 2 (September 1) 1.63 3.93 5.18 3.89
Day 3 (September 2) 130.97 195.53 125.70 142.16

Here are the subscription details for Shanti Inorganics IPO Day 3, as of 5:06 PM:

Investor Category Subscription (times) Shares Offered Shares bid for Total
Anchor 1 16,19,200          16,19,200          13.44
Market Maker 1 2,84,800     2,84,800     2.36
QIB 130.97 10,81,600  14,16,54,400 1,175.73    
NII 195.53 8,11,200         15,86,16,000 1,316.51    
Individual 125.70 18,94,400   23,81,18,400 1,976.38  
Total 142.16 37,87,200    

    53,83,88,800   

4,468.63

Key Highlights – Day 3

  • Shanti Inorganics IPO was subscribed 142.16 times overall by 5:06 PM on Day 3.
  • The NII portion received 195.53 times subscription.
  • The QIB category was subscribed 130.97 times.
  • Individual Investors recorded 125.70 times subscription.

Key Highlights – Day 2

  • Shanti Inorganics IPO was subscribed 3.89 times overall on Day 2.
  • Individual Investors recorded 5.18 times subscription.
  • The NII portion received 3.93 times subscription.
  • The QIB category was subscribed 1.63 times.

Key Highlights – Day 1

  • Shanti Inorganics IPO was subscribed 1.26 times overall on Day 1.
  • Individual Investors recorded 1.75 times subscription.
  • The NII portion received 1.61 times subscription.
  • The QIB category was subscribed 0.23 times.

About Shanti Inorganics

Shanti Inorganics Limited is engaged in the manufacturing and supply of sulphur-based inorganic chemicals. Its product portfolio includes ammonium bisulphite solution, sodium bisulphite powder and solution, sodium metabisulphite, and sodium sulphite powder/anhydrous. These products are used as preservatives, reducing agents, oxygen scavengers and process intermediates across industries such as food and beverages, chemicals, pharmaceuticals, oil drilling, agrochemicals, water treatment, petrochemicals, cosmetics, paints, polymers and mining.

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