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Shelter Pharma Limited Logo

Shelter Pharma Limited

Offer PeriodAug 10, 2023 – Aug 14, 2023
Listed Price
₹39.97
-4.83%
Price Band₹42 - ₹42
Lot Size3,000 Shares
Allotment DateAug 18, 2023
Listing DateAug 23, 2023
Subscription15.25 Times
Issue Size₹16.03 Cr

IPO Details

Subscription

lot distribution

Lot Distribution

reservation

Reservation

company financials

Company Fin.

₹0
(0.00%)

Premium (ELP)

The Initial Public Offering of Shelter Pharma Limited's culminated in its successful listing on Aug 23, 2023 at the BSE trading platform. The company secured 38,16,000 Shares through this capital market exercise, with 38,16,000 Shares allocated to new capital formation.

Investors participated within the price parameters of ₹42 to ₹42, with minimum investment requirements of 3000 shares. The subscription period from Aug 10, 2023 to Aug 14, 2023 witnessed active investor engagement across categories.

Following the subscription closure, share allotment was processed on Aug 18, 2023. The subsequent listing established a public market for the company's shares, enabling price discovery and secondary market trading for investors.

Shelter Pharma IPO Details
IPO Date
:
Aug 10, 2023 to Aug 14, 2023
Allotment Date
:
Aug 18, 2023
List Date
:
Aug 23, 2023
Lot Size
:
3,000 share
Issue Price
:
₹42 - ₹42
Issue Size
:
38,16,000 (aggregating up to 16.03 Cr)
Fresh Issue
:
38,16,000 (aggregating up to 16.03 Cr)
Offer For Sale
:
-
Listing At
:
BSE
Share Holding Pre-Issue
:
77,43,792
Share Holding Post-Issue
:
1,15,59,792
Market Marker Portion
:
1,94,000
Lot(s) Distribution

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.

IPO Reservation
Shares38,16,000
Market Maker
5.03%(1,92,000)
NII (HNI)
47.48%(18,12,000)
RETAIL
47.48%(18,12,000)
Total
100.00%(38,16,000)
Shelter Pharma IPO Key Performance Indicators
Company Financials (In Lakhs)
Shelter Pharma IPO About Company

Incorporated in 2007, Shelter Pharma Limited (formerly Shelter Pharmacy) manufactures herbal products for human and veterinary healthcare. Headquartered in Himmatnagar, Gujarat, the company focuses on providing cost-effective and high-quality solutions for human, poultry, and animal health. Its human healthcare products include Lemonade Barley Water, Sherolax, Baldeepak, and Stonyl Tablets, while veterinary offerings include Agrical Powder, Lactocal Gel, and Shelodex Ultra Ointment. Shelter Pharma combines Ayurvedic principles with modern practices to develop its range of health supplements. The company primarily serves rural and semi-urban markets, delivering accessible herbal healthcare solutions across India.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

Shelter Pharma IPO Strength Factors

NA

⚠️Shelter Pharma IPO Risk Factors

NA

🏦Shelter Pharma IPO Lead Manager(s)
Gretex Corporate Services Limited
👤Shelter Pharma IPO Promoter(s)
  1. Mr. Mustaqim Nisarahmed Sabugar
  2. Mr. Shakil Nisarahmed Sabugar
🏢Shelter Pharma IPO Company Details

Shelter Pharma Limited

Phone:02772296038
address:Shelter Nagar, Near S. T. Bus Stand, Himmatnagar -383001
📋Shelter Pharma IPO Registrar

Bigshare Services Private Limited

Name:Bigshare Services Private Limited
Phone:+91-22-6263 8200
Shelter Pharma IPO FAQs
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