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The capital markets are poised for the arrival of Shanti Inorganics Limited's's Initial Public Offering, targeting a total fundraise of 56,91,200 Shares. This comprises 56,91,200 Shares in new capital generation.
Investors can consider participating in this offering within the stipulated price range of ₹79 to ₹83, with each application lot consisting of 1600 shares. The IPO represents a milestone event in the company's corporate journey.
The subscription period commences on Aug 31, 2026 and will remain open until Sep 02, 2026. The basis of allotment will be announced on Sep 03, 2026, with trading expected to initiate on Sep 07, 2026 across the NSE platform.
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."
The expected premium (GMP) is based on market buzz and unofficial trading. It should not be considered as the guaranteed listing price. Always refer to the RHP and seek advice from a financial expert before making investment decisions.
💡 Read our detailed guide: What is IPO Grey Market Premium (GMP) & How It Works?
- 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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