Shanthala FMCG Products Limited
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Having completed its public offering, Shanthala FMCG Products Limited's is now listed and trading on the NSE exchange as of Nov 03, 2023. The IPO raised cumulative capital of 17,66,400 Shares, including 17,66,400 Shares in primary capital infusion.
The IPO was conducted with a price range of ₹91 to ₹91 and minimum investment requirement of 1200 shares. subscription activity between Oct 27, 2023 and Oct 31, 2023 reflected market assessment of the offering's valuation and prospects.
The allotment process finalized on Nov 01, 2023 distributed equity ownership to successful bidders. The listing established a transparent market mechanism for share trading, price discovery, and investor participation in the company's future growth.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 1996, Shamnthala FMCG is a distribution company that deals in branded packaged foods, personal care items, stationery, matches, agarbatti, and tobacco products from leading FMCG brands. The company focuses on offering good quality products at reasonable prices with timely delivery. In 2007, Shamnthala FMCG became an authorized distributor of ITC, which strengthened its presence in the market. The company also aims to provide a smooth and meaningful shopping experience to all its customers.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- FMCG distributor for leading, large-sized FMCG companies in India
- Wide product distribution portfolio across multiple categories
- Strong and long-standing customer relationships
- Experienced management team with strong domain expertise
NA
- Manjunath Mallya
- Shobitha Malya
- Sneha Vinayak Kudva
- Yogish Mallya
Shanthala FMCG Products Limited
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