Shanthala FMCG Products IPO Details

Open Date

27 Oct 2023

31 Oct 2023

1200 shares

₹16.07 Cr

Lot Size

IPO Size

Listing At

NSE SME

Listing  Date

Price Range

₹91 per share

Close Date

Allotment Date

03 Nov 2023

08 Nov 2023

IPO Details

It is an FMCG product distribution company that was founded in 1996 that distributes branded packaged foods, personal care items, education and stationery products, matches and agarbatti, and tobacco products to large FMCG companies. The company's goal is to provide high-quality products at competitive pricing and on schedule. Shamnthala FMCG became an authorized distributor of ITC in 2007. The company's goal is to provide its customers with a meaningful purchasing experience.

About the Company

Shanthala FMCG Products plans to utilize the raised capital from the IPO to: ●   For working capital requirements. ●   General corporate purpose.

Objective

The book-running lead managers to the offer are: First Overseas Capital Ltd

Book Runners

Disclaimer Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.