Shanti Inorganics Ltd IPO - Check Issue Date, Price, Lot Size & Details with BlinkX.

Shanti Inorganics Ltd IPO

We are engaged in the business of manufacturing and supply of sulphur based inorganic chemicals. We hold one of the largest domestic production capacities for bisulphites with capacity of 18,800 MTPA. Our product portfolio consists of ammonium bisulphite solution, sodium bisulphite powder or solution, sodium meta bisulphite and sodium sulphite powder anhydrous, which are primarily used as preservatives, reducing agents, oxygen scavengers and process intermediates across multiple industries such as food and beverages, chemicals, oil drilling, pharmaceuticals, ceramics, agrochemicals, water treatment, petrochemicals, cosmetics, paints, polymers, boilers and mining. In the inorganic chemical industry, products are categorized into multiple purity levels based on their applications, including, food grade and technical grade.

Shanti Inorganics Ltd IPO Details

Total Shares Offered

₹ 56,91,200

Offer to Public

TBA

Retail Max (Shares)

₹ 18,92,240

Pre Issue Promoters Holding

₹ 96,67,040

Exchange

NSE

Issue size

₹ 47.24 Cr

IPO Open Date

Aug 31, 2026

Close Date

Sep 2, 2026

Lot Size

3200

Min Investment

₹ 2,52,800

Issue Type

Book Building - SME

Listing Date

Sep 7, 2026

Shanti Inorganics Ltd IPO Dates

Aug 31, 2026

Opening date

Sep 2, 2026

Closing date

Sep 3, 2026

Basis of Allotment

Sep 4, 2026

Initiation of Refunds

Sep 4, 2026

Credit of Shares

Sep 7, 2026

Listing date

Details

Sector	Type
Sector	Chemicals
Sub Sector	NA
Issue Type	Book Building - SME

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*
QIB	0x	2703200
NII	0x	810960
Retail	0x	1892240
Employee	0x	0
Total	0x	5691200

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

2703200

810960

1892240

5691200

Shanti Inorganics Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	15.74	11.57	7.49
EBITDA	17.65	12.36	8.12
PAT	10.22	7.99	5.12
Total Assets	32.03	21.31	23.54
Share Capital	11.56	0.64	0.64
Total Borrowings	35.26	25.03	30.01
Operating Activities (Net Cash)	12.13	8.78	5.75
Investing Activities (Net Cash)	-10.90	-4.63	-17.81
Financing Activities (Net Cash)	35.26	25.03	30.01
Net Cashflow	0.45	0.11	1.49

About Shanti Inorganics Ltd

Our Company was incorporated as Shanti Inorgo Chem (Guj) Private Limited as a private limited company in Ahmedabad, Gujarat under the provisions of the Companies Act, 1956, pursuant to a certificate of incorporation dated January 13, 2010, issued by the Registrar of Companies, Gujarat. Subsequently, our Company was converted into a public limited company pursuant to a special resolution passed by our Shareholders at the Extra Ordinary General Meeting held on January 27, 2025, and the name of our Company changed from Shanti Inorgo Chem (Guj) Private Limited to Shanti Inorgo Chem (Guj) Limited. A fresh certificate of incorporation consequent upon conversion from a private limited company to a public limited company dated March 1, 2025, was issued by the Registrar of Companies, Central Processing Centre. Further, pursuant to resolutions passed by our Board of Directors in their meeting held on April 4, 2025, and Shareholder's Resolution passed on April 5, 2025, our Company's name was further changed from Shanti Inorgo Chem (Guj) Limited to Shanti Inorganics Limited and a fresh certificate of incorporation dated May 6, 2025, was issued by the Registrar of Companies, Central Processing Centre. The Corporate Identity Number of our Company is U24100GJ2010PLC059218.

Peer Comparison:

No listed in industry Peers

Shanti Inorganics Ltd Key Points

Strengths

Geographical diversification through exports to international market.

Long standing relationship with diversified customers across multiple industries.

Strategically located production facilities with access to abundant resources of raw materials and longterm relationships with suppliers.

Certifications and compliance with quality and food safety standards.

Experienced Promoters and Senior Management with extensive domain knowledge.

Risk

The company derives a substantial portion of its revenue from the food and beverages, oil drilling and chemical industries. Consequently, any material decline in the performance of the food and beverages, oil drilling and chemical industries, or the company's failure to sustain, grow, or efficiently manage its sales within these industries may materially and adversely affect the company's business operations, financial condition and results of operations.

The Company derives revenue from diversified customers. Its inability to acquire new customers or loss of all or a substantial portion of any of the company's major customers, for any reason and/or continued reduction of the business from them, could have a material adverse impact on the company's business, results of operations, cash flows and financial condition.

The company does not maintain long-term contractual arrangements with the majority of its customers. As a result, the loss of one or more key customers, or any significant reduction in their demand for the company's products, could materially and adversely affect its business operations, financial condition, results of operations and cash flows.

Strategy

Expansion of manufacturing capacity to support growth initiatives.

Investment in new plant and machineries for enhanced productivity and cost efficiency.

Continue to build our international and domestic customer base and geographic expansion into high-value western markets.

Strategic expansion into new end-user industry segments.

Strengthen and expand our sales and distribution network in India and international market.

How To Apply for Shanti Inorganics Ltd IPO Online?

Step 1:

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Shanti Inorganics Ltd IPO?

Shanti Inorganics Ltd's IPO offers shares for up to 47.24 It begins on Aug 31, 2026 and ends on Sep 2, 2026.

What is the price of the Shanti Inorganics Ltd IPO?

The price of Shanti Inorganics Ltd IPO ranges between ₹79 to ₹83 per share.

What are the open and close dates for the Shanti Inorganics Ltd IPO?

The Shanti Inorganics Ltd IPO opens on Aug 31, 2026 and closes on Sep 2, 2026.

When will the Shanti Inorganics Ltd IPO be allotted?

The allotment for the Shanti Inorganics Ltd IPO will be finalised on Sep 3, 2026. The shares will be listed on BSE and NSE on Sep 7, 2026.

What is the minimum lot size required for Shanti Inorganics Ltd IPO?

The minimum lot size for Shanti Inorganics Ltd IPO is 3200 shares, priced between ₹79 to ₹83 per share.

What is the GMP of Shanti Inorganics Ltd IPO?

The GMP (Grey Market Premium) of Shanti Inorganics Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Shanti Inorganics Ltd IPO?

To check the allotment status of Shanti Inorganics Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Shanti Inorganics Ltd IPO getting listed?

The Shanti Inorganics Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Aug 31, 2026, and closes on Sep 2, 2026. The allotment is finalised on Sep 3, 2026.

How do you apply for the Shanti Inorganics Ltd IPO?

To apply for the Shanti Inorganics Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.