Shanti Inorganics Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹46(55.42%)
Premium (ELP)
The Initial Public Offering of Shanti Inorganics Limited's culminated in its successful listing on Sep 07, 2026 at the NSE trading platform. The company secured 56,91,200 Shares through this capital market exercise, with 56,91,200 Shares allocated to new capital formation.
Investors participated within the price parameters of ₹79 to ₹83, with minimum investment requirements of 1600 shares. The subscription period from Aug 31, 2026 to Sep 02, 2026 witnessed active investor engagement across categories.
Following the subscription closure, share allotment was processed on Sep 03, 2026. The subsequent listing established a public market for the company's shares, enabling price discovery and secondary market trading for investors.
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.
Shanti Inorganics Limited is engaged in the manufacturing and trading of sulphur-based inorganic chemicals used across various industries. Its product portfolio includes sodium metabisulphite, sodium sulphite powder, ammonium bisulphite solution, and sodium bisulphite powder and solutions. These products are widely used as preservatives, reducing agents, oxygen scavengers, and process intermediates in industries such as oil drilling, pharmaceuticals, food and beverages, pulp and paper, and water treatment. The company operates manufacturing facilities in Vatva and Bavla, Ahmedabad, Gujarat, supporting its production capabilities and serving the diverse requirements of industrial customers.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Specialized Chemical Manufacturing: Shanti Inorganics manufactures inorganic chemicals and industrial products that cater to various applications across multiple industries, supporting a diversified business model.
- Established Manufacturing Capabilities: The company has developed production infrastructure and technical expertise that support consistent product quality, efficient manufacturing, and the ability to meet customized customer requirements.
- Diverse Industry Applications: Its products serve industries such as pharmaceuticals, chemicals, water treatment, textiles, ceramics, and other industrial sectors, providing opportunities for broader market reach and growth.
- Raw Material Price Volatility: Fluctuations in the prices and availability of key raw materials, chemicals, and energy can increase production costs and put pressure on profit margins.
- Environmental & Regulatory Risk: Chemical manufacturing is subject to strict environmental, safety, pollution-control, and regulatory requirements. Changes in regulations or non-compliance could increase costs or disrupt operations.
- Intense Industry Competition: The company faces competition from established domestic and international chemical manufacturers, which may create pricing pressure and affect market share and profitability.
- Manojkumar Jayantilal Patel
- Avnish Manojkumar Patel
Shanti Inorganics Limited
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