Listing Details
- Listing Exchange NSE SME
- Listing Date 03-Nov-23
- IPO Price Range ₹ 91
- Listing Price ₹ 108
- Listing Change 18.7%
- Last Traded Price ₹ 80
- Current Change -12.1%
Shanthala FMCG Products IPO Details
- Open Date 27-Oct-23
- Close Date 31-Oct-23
- Lot Size 1200
- IPO Size ₹ 16.07 Cr
- IPO Price Range ₹ 91
- Min Investment ₹ 109200
- Listing Exchange NSE SME
- Basis of Allotment 03-Nov-23
- Refunds 06-Nov-23
- Credit to Demat Account 07-Nov-23
- Listing Date 08-Nov-23
Shanthala FMCG Products IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 27-Oct-23 | - | 2.10 | 0.80 | 1.45 |
| 30-Oct-23 | - | 2.80 | 1.73 | 2.27 |
| 31-Oct-23 | - | 4.76 | 3.05 | 3.91 |
Shanthala FMCG Products IPO Synopsis
Shanthala FMCG Products Limited IPO is all set to open from 27th October to 31st October 2023. The company operates as an FMCG product distributor. The IPO includes a fresh issue of 1,766,400 shares worth ₹16.07 cr. The share allotment date is 3rd November, and the IPO will be listed on 8th November on the stock exchanges. The price band is ₹91 per share and the lot size is 1200 shares.
First Overseas Capital Limited is the book-running lead manager for this IPO, while Bigshare Services Pvt Limited is the registrar.
Objectives of the Issue
Shanthala FMCG Products plans to utilize the raised capital from the IPO to:
● For working capital requirements.
● General corporate purpose.
About Shanthala FMCG Products
Established in 1996, Shanthala FMCG Products Limited operates as an FMCG product distributor. It distributes well-known branded packaged foods, personal care items, educational and stationery products, matches, agarbatti, and tobacco products to major FMCG companies. In 2007, Shamnthala FMCG secured authorization as an official distributor for ITC.
The company's primary goal is to offer high-quality products at affordable prices while ensuring timely delivery.
Peer Comparison
There are no listed peers in India for the company.
For More Information:
Webstory on Shanthala FMCG Products IPO
Shanthala FMCG Products Financial Status
Profit and Loss
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue | 40.77 | 32.55 | 39.56 |
| EBITDA | 0.69 | 0.48 | 0.65 |
| PAT | 0.18 | 0.045 | 0.14 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Total Assets | 6.57 | 6.15 | 5.69 |
| Share Capital | 0.50 | 0.50 | 0.50 |
| Total Borrowings | 5.13 | 4.9 | 4.48 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Net cash generated from / (used in) operating activities | 1.11 | 0.27 | 0.14 |
| Net cash from / (used in) investing activities | 0.23 | -0.32 | 0.25 |
| Net cash flow from / (used in) financing activities | -0.60 | 0.21 | -0.46 |
| Net increase (decrease) in cash and cash equivalents | 0.73 | 0.16 | -0.063 |
Shanthala FMCG Products IPO Key Points
-
Strengths
1. The company is an FMCG product distributor for large-size FMCG Companies in India.
2. The company distributes a wide range of products.
3. It has strong and long-standing customer relationships.
4. Experienced Promoters and Senior Management.
-
Risks
1. The company is involved in the business of distribution of FMCG products including that of tobacco products which are subject to Stringent health and safety laws and regulations as well as governed by stricter consumption policies.
2. Higher working capital requirements.
3. The company operates in a highly competitive industry.
4. Negative cash flows in the past.
How to apply for IPO?
-
Login to your 5paisa account 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 mandate notification to block funds in
your UPI app -
Approve the mandate request on your UPI and funds
will be blocked
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Shanthala FMCG Products IPO FAQs
What is the minimum lot size and investment required for the Shanthala FMCG Products IPO?
The minimum lot size for Shanthala FMCG Products is 1200 shares and the investment required is ₹1,09,200.
What is the price band of the Shanthala FMCG Products IPO?
The price for this Shanthala FMCG Products IPO is ₹91 per share.
When does the Shanthala FMCG Products IPO open and close?
Shanthala FMCG Products IPO opens from 27th October to 31st October 2023.
What is the size of the Shanthala FMCG Products IPO?
The Shanthala FMCG Products IPO size is ₹16.07 Cr.
What is the allotment date of the Shanthala FMCG Products IPO?
The share allotment date for Shanthala FMCG Products IPO is 3rd November 2023.
What is the Shanthala FMCG Products IPO listing date?
The Shanthala FMCG Products IPO will be listed on 8th November 2023.
Who are the book runners for the Shanthala FMCG Products IPO?
First Overseas Capital Limited is the book-running lead manager for Shanthala FMCG Products IPO.
What is the objective of the Shanthala FMCG Products IPO?
Shanthala FMCG Products plans to utilize the raised capital from the IPO to:
1. For working capital requirements.
2. General corporate purpose.
How to apply for Shanthala FMCG Products IPO?
To apply for Shanthala FMCG Products IPO, follow the steps given below
• Login to your 5paisa account and select the issue in the current IPO section
• Enter the number of lots and the price at which you wish to apply for the Shanthala FMCG Products IPO.
• Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
• You will receive a mandate notification to block funds in your UPI app.
Contact Details of Shanthala FMCG Products IPO
Contact Information
Shanthala FMCG Products Limited
7th Block, Gandhinagr Bye Pass Road
Virajpet
Kodagu - 571218
Phone: +91 82742 98999
Email: ipo@Shanthalafmcg.com
Website: https://shanthalafmcg.com/
Shanthala FMCG Products IPO Register
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Shanthala FMCG Products IPO Lead Manager
First Overseas Capital Limited