Shanthala FMCG Products Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 838,800 (47%) | — | ₹763 Cr |
| Retail | — | 838,800 (47%) | — | ₹763 Cr |
| Market Maker | — | 88,800 (5%) | — | ₹8 Cr |
| Σ Total | — | 1,766,400 (100%) | — | ₹16,074 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹109,200 |
| Retail (Max) | 13 | 15,600 | ₹1,419,600 |
| S-HNI (Min) | 14 | 16,800 | ₹1,528,800 |
| B-HNI (Min) | 67 | 80,400 | ₹7,316,400 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Aug 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 1,586 | 4,077 | 3,255 |
| Profit After Tax | 10 | 18 | 5 |
| Net Worth | 549 | 143 | 125 |
| Total Assets | 827 | 657 | 616 |
| Reserves & Surplus | 56 | 93 | 75 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding additional working capital requirements –
- . General Corporate Purposes –
Company Overview
Incorporated in 1996, it is an FMCG product distribution company engaged in the distribution of branded packaged foods, Personal care products, Education and stationery products, Matches and Agarbatti and tobacco products to large FMCG companies. The company aims at providing quality products at reasonable prices with on-time delivery.
In 2007, Shamnthala FMCG became an authorized distributor of ITC company. The company aims to provide meaningful shopping experience to its customers.
Following are the competitive strengths of the company
- Shanthala is an FMCG distributor for large-sized FMCG companies in India
- The company is engaged in the distribution of a variety of products
- Strong and long term relationships with customers
- Experienced Management Team with stong domain knowledge