Shanti Overseas (India) Ltd IPO

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Initial public issue of 20,04,000 equity shares of face value of Rs. 10 each (equity shares) of Shanti Overseas (India) Limited (company or issuer) for cash at a price of Rs.50 per equity share (including a share premium of Rs.40 per equity share) (issue price) aggregating to Rs.10.02 crores (issue ) of which 1,38,000 equity shares of face value of Rs. 10.00 each for a cash price of Rs.50 per equity share, aggregating to Rs.0.69 crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 18,66,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs.50 per equity share aggregating to 9.33 crores (is hereinafter referred to as the net issue). The issue and the net issue will constitute 27.07% and 25.20%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is Rs.50 each. The issue price is 5.0 times of the face value.

Shanti Overseas (India) Ltd IPO Subscription Details


Shanti Overseas (India) Ltd

Issue Type

Fixed Price - SME

Open Date

21 Jul

Close Date

26 Jul

Offer Price


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How to apply IPO on 5paisa app?

  • Login to your 5paisa Mobile Trading App and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a notification to block funds in your UPI app
  • Approve the block request

Shanti Overseas (India) Ltd IPO Frequently Asked Questions

Stove Kraft Ltd, kitchen appliances manufacturer is coming up with its Initial public Offerings on January 25 with the public issue comprising a fresh issue size of ₹412.63Cr.

You can apply for the Stove Kraft IPO using any supported UPI apps. To Apply on 5paisa App follow the procedure mentioned above. For further details Click Here.

Stove Kraft IPO will open on January 25, 2021.

Stove Kraft IPO Lot size is 38 equity shares, that means you can apply for one lot consisting 38 equity shares.

Shares of Stove Kraft will be getting allotted on 02nd February,2021.

Stove Kraft Shares will be getting listed on 05 February, 2021.

Here is the minimum investment calculation of Stove Kraft IPO
Lot size – 38 * Issue Price ₹385 = ₹14,630
Hence the minimum investment amount required to invest in Stove Kraft IPO is ₹14,630. As per the maximum limit that is allowed by SEBI you can apply for 13 lots.

No, one bank account one IPO application is allowed.

Cut off Price for Stove Kraft IPO is ₹14,630

Read more IPO FAQs

Contact Details of Shanti Overseas (India) Ltd IPO

Company Contact Information

Shanti Overseas (India) Ltd IPO
215-216 Vikram Tower,
1st Floor,
Indore, Madhya Pradesh 452001.

Phone: 91-731-586/587/4020587
Email: mail@shantioverseas.com

Shanti Overseas (India) Ltd IPO Register

Link Intime India Pvt Ltd

Shanti Overseas (India) Ltd IPO Lead Manager(s)

  • Hem Securities Ltd

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