Shellz India Ltd IPO - Check Issue Date, Price, Lot Size & Details with BlinkX.

Shellz India Ltd IPO

We are engaged in the manufacturing and marketing of confectionery products in India, with a diversified product portfolio comprising over 250+ SKUs across multiple categories, including choco delights, jellies, baked treats and other confectionery formats. We also manufacture and supply food and bakery ingredients. We focus on developing confectionery products at accessible price points and distributing them across a wide geographic footprint, including urban and semi-urban markets, as well as smaller towns and rural areas.

Shellz India Ltd IPO Details

Total Shares Offered

₹ 33,50,400

Offer to Public

TBA

Retail Max (Shares)

₹ 11,72,640

Pre Issue Promoters Holding

₹ 76,80,000

Exchange

DBC

Issue size

₹ 59.97 Cr

IPO Open Date

Oct 15, 2026

Close Date

Oct 19, 2026

Lot Size

1600

Min Investment

₹ 2,72,000

Issue Type

Book Building - SME

Listing Date

Oct 23, 2026

Shellz India Ltd IPO Dates

Oct 15, 2026

Opening date

Oct 19, 2026

Closing date

Oct 21, 2026

Basis of Allotment

Oct 22, 2026

Initiation of Refunds

Oct 22, 2026

Credit of Shares

Oct 23, 2026

Listing date

Details

Sector	Type
Sector	Food - Processing - Indian
Sub Sector	NA
Issue Type	Book Building - SME

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*
QIB	0x	1675200
NII	0x	502560
Retail	0x	1172640
Employee	0x	0
Total	0x	3350400

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

1675200

502560

1172640

3350400

Shellz India 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	9.15	8.92	8.66
EBITDA	13.50	13.06	12.87
PAT	3.08	3.38	3.10
Total Assets	106.96	102.52	82.95
Share Capital	0.64	0.64	0.64
Total Borrowings	39.07	35.39	43.40
Operating Activities (Net Cash)	7.43	7.52	7.31
Investing Activities (Net Cash)	-19.66	-20.69	0.00
Financing Activities (Net Cash)	39.07	35.39	43.40
Net Cashflow	1.15	1.92	1.21

About Shellz India Ltd

Our company was incorporated as a private limited company under the name Tifosi Foods Private Limited under the provisions of the Companies Act, 1956 vide certificate of incorporation dated May 07, 2012, issued by the Registrar of Companies, National Capital Territory of Delhi and Haryana. Further, the name of our company was changed from Tifosi Foods Private Limited to Shellz India Private Limited pursuant to a special resolution passed in the extraordinary general meeting of our shareholders held on August 04, 2020 with the fresh certificate of incorporation dated on September 21, 2020 issued by the Registrar of Companies, Delhi. Thereafter, our company was converted from a private limited company to a public limited company, pursuant to a special resolution passed in the extraordinary general meeting of our shareholders held on December 12, 2024 and the name of our Company was changed to Shellz India Limited with a fresh certificate of incorporation dated February 04, 2025, issued to our Company by the Assistant Registrar of Companies/Deputy Registrar of Companies/ Registrar of Companies, Central Processing Centre.

Shellz India Ltd Key Points

Strengths

Ability to develop differentiated products across formats and price points.

Our presence at mass-market price-points supported by a diversified product portfolio.

Super stockist-led distribution model enabling scalable market reach.

Integrated in-house manufacturing capabilities with focus on scalability and process control.

In-house product development capabilities supported by technical expertise.

Risk

The company's inability to anticipate, respond to and meet the tastes, preferences or consistent quality requirements of its consumers or the company's inability to accurately predict and successfully adapt to changes in market demand or consumer preference could reduce demand for its products, affect our brand loyalty and impact the company's sales.

The company has incurred significant indebtedness which exposes the company to various risks which may have an adverse effect on the company's business, results of operations and financial conditions. Conditions and restrictions imposed on the company by the agreements governing its indebtedness could adversely affect the company's ability to operate the company's business. Further, there have been certain instances of delay in repayment of borrowings which have been reported in its credit history records, including in reports issued by credit information companies.

There are outstanding legal proceedings involving the Company, Subsidiaries, Group Companies, Promoters, Directors, Key Managerial Personnel and Senior Managerial Personnel. Any adverse decision in such proceedings may have a material adverse effect on the company's business, results of operations and financial condition.

Strategy

Expand product portfolio to enhance product mix and improve margin profile.

Scale manufacturing capabilities and improve operational efficiency through our Sonipat facility.

Build and scale the Tosca brand in higher-value product segments to enhance brand presence and improve product mix and margin profile.

Expand geographic presence and deepen market penetration of our Hugs brand across India to drive volume growth.

Expand presence across export markets through a segmented and margin-conscious approach.

How To Apply for Shellz India 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 Shellz India Ltd IPO?

Shellz India Ltd's IPO offers shares for up to 59.97 It begins on Oct 15, 2026 and ends on Oct 19, 2026.

What is the price of the Shellz India Ltd IPO?

The price of Shellz India Ltd IPO ranges between ₹170 to ₹179 per share.

What are the open and close dates for the Shellz India Ltd IPO?

The Shellz India Ltd IPO opens on Oct 15, 2026 and closes on Oct 19, 2026.

When will the Shellz India Ltd IPO be allotted?

The allotment for the Shellz India Ltd IPO will be finalised on Oct 21, 2026. The shares will be listed on BSE and NSE on Oct 23, 2026.

What is the minimum lot size required for Shellz India Ltd IPO?

The minimum lot size for Shellz India Ltd IPO is 1600 shares, priced between ₹170 to ₹179 per share.

What is the GMP of Shellz India Ltd IPO?

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

How do you check the allotment status of Shellz India Ltd IPO?

To check the allotment status of Shellz India 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 Shellz India Ltd IPO getting listed?

The Shellz India Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Oct 15, 2026, and closes on Oct 19, 2026. The allotment is finalised on Oct 21, 2026.

How do you apply for the Shellz India Ltd IPO?

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