Shanti Inorganics IPO Details

SME

Shanti Inorganics IPO DRHP (Draft Red Herring Prospectus) has been Filed with Exchange.

Shanti Inorganics IPO total issue size comprises 50,00,000 shares (aggregating up to ₹0.00 Cr.). This includes a fresh issue of 50,00,000 shares (aggregating up to ₹0.00 Cr.). Pre-issue shareholding stands at 1,15,56,200, which will increase to 1,65,56,200 post-issue.

The Lead Managers for Shanti Inorganics IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Vivro Financial Services Private Limited. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Shanti Inorganics Limited DRHP.

Shanti Inorganics IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹10 per share
Lot Size
0
GMP
₹0
Issue Type
IPO
Listing On
NSE
Type
Book Built Issue
Share holding pre issue
11556200
Share holding post issue
16556200
Total Issue Size
50,00,000 shares (aggregating up to ₹0.00 Cr.)
Fresh Issue
50,00,000 shares (aggregating up to ₹0.00 Cr.)
Offer for Sale
-
DRHP Status
Filed with Exchange

Shanti Inorganics IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Shanti Inorganics IPO Reservation

Promoter Holding

Pre Issue:83.65%
Post Issue:-
Promoter Names:
Manojkumar Jayantilal Patel, Avnish Manojkumar Patel

Documents

Shanti Inorganics IPO Valuations

ROE:38.00%
ROCE:27.20%
DEBT/EQUITY:0.98
RONW:38.00%
PAT MARGIN:14.13%

Shanti Inorganics Financial Information

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets66.0452.6927.57
Total Income58.4645.0646.50
Profit After Tax8.265.124.60
EBITDA12.118.736.97
NET Worth25.8617.6012.49
Reserves and Surplus25.2316.9711.85
Total Borrowing25.3824.345.63
Amount in ₹ Crore

About Shanti Inorganics IPO

Shanti Inorganics Ltd. is engaged in the business of manufacturing and trading of sulphur based inorganic chemicals.

The product portfolio consists of ammonium bisulphite, sodium bisulphite solutions, sodium meta/ bisulphite, and sodium sulphite powder, which are primarily used as preservatives, reducing agents, oxygen scavengers and process intermediates across multiple industries such as oil drilling, pharmaceuticals, food and beverages, pulp & paper and water treatment.

The company's manufacturing facilities are located at plot no. 2015, phase III, GIDC, Vatva, Ahmedabad – 382445, Gujarat, India (“Vatva Unit” or “Manufacturing Unit – I”) and plot no. 5/A & 5/B Sankalp industrial estate, Village: Chiyada, Ta.: Bavla, Ahmedabad (“Bavla Unit” or “Manufacturing Unit – II”).

Products:

  • Sodium meta bisulphite
  • Sodium sulphite powder
  • Ammonium bisulphite solution
  • Sodium bisulphite powder/solution

Competitive Strengths:

  • Geographical diversification through exports to international market
  • Long standing relationship with diversified customers across multiple industries
  • Strategically located production facilities with access to abundant resources of raw materials and long-term relationships with suppliers
  • Certifications and compliance with quality and food safety standards

Strength Of Shanti Inorganics IPO

To be announced

Risk Of Shanti Inorganics IPO

To be announced

Objectives Shanti Inorganics IPO

1. Part funding the capital expenditure towards setting up a new facility for manufacturing of sodium meta bisulphite, sodium bisulphite powder and ammonium bisulphite situated at Bavla, Ahmedabad, Gujarat;

2. General Corporate Purposes

Company Contact Details

Shanti Inorganics Ltd.
Plot No.-2015,
Phase III GIDC, Vatva
Ahmedabad, Gujarat, 382445
Phone: +91-97277 52562
Email: info@shantiinorganics.com
Website: https://shantiinorganics.com/

Registrar Contact Details

Name: Kfin Technologies Limited
Phone: +91-40-67162222

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