Minimum Investment
About Company
Company Name: Shanti Inorganics Limited
Industry / Sector: Chemicals / Sulphur-based Inorganic Chemicals
Founded Year: January 2010
Promoters: Manojkumar Jayantilal Patel, Avnish Manojkumar Patel
Shanti Inorganics Limited is engaged in the manufacturing and trading of sulphur-based inorganic chemicals. The product portfolio consists of sodium metabisulphite, sodium sulfite powder, ammonium bisulfite solution, and sodium bisulfite powder/solution, which are primarily used as preservatives, reducing agents, oxygen scavengers, and process intermediates across multiple industries such as oil drilling, pharmaceuticals, food and beverages, pulp & paper, and water treatment. The company operates two manufacturing facilities in Gujarat and exports to over 15 countries including UAE, Malaysia, Qatar, Nigeria, Russia, Colombia, Turkey, Vietnam, Egypt, Ghana, and the Philippines.
IPO Basic Details
| Company Name | Shanti Inorganics Limited |
| IPO Type | SME IPO |
| Price Band | ₹79 – ₹83 |
| Lot Size | 1600 Shares |
| Total Issue Size | 56,91,200 Equity Shares (₹47.24 Cr) |
IPO Strengths & Risks
Strengths
- Growing international presence: The company sells its products in several overseas markets, reducing its dependence on the domestic market
- Diversified customer base: It has established relationships with customers across multiple industries, which helps reduce dependence on any single sector
- Strategic manufacturing locations: Its production facilities are located in Gujarat, providing access to raw materials and established supplier relationships
- Quality and safety standards: The company follows relevant quality and food safety standards and holds certifications supporting its manufacturing and product quality
Risks
- Dependence on the chemical industry
- Exposure to raw material price volatility
- Competition from other chemical manufacturers
- Working capital intensive business model
- SME IPO with lower liquidity compared to mainboard listings
IPO Important Dates
| IPO Open Date | 31 Aug 2026 |
| IPO Close Date | 02 Sep 2026 |
| Basis of Allotment | 03 Sep 2026 |
| Refund Initiation | Not specified in the source |
| Demat Credit Date | 04 Sep 2026 |
| Listing Date | 07 Sep 2026 |
| Anchor Investor Date | - |
| UPI Mandate Deadline | - |
IPO Objectives
- Capital expenditure for machinery and equipment – -
- Funding working capital requirements – -
- Debt repayment – -
- General corporate purposes – Balance Amount
Investor Reservation
| QIB Quota | Not more than 50% of the Net Issue |
| Retail Quota | Not less than 35% of the Net Issue |
| HNI Quota | - |
| Employee Quota | - |
| Shareholder Quota | - |
| Anchor Investor Allocation | - |
Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lots | 3200 | ₹2,65,600 |
| Retail Maximum | 2 Lots | 3200 | ₹2,65,600 |
| S-HNI Minimum | 3 Lots | 4800 | ₹3,98,400 |
| S-HNI Maximum | 7 Lots | 11200 | ₹9,29,600 |
| B-HNI Minimum | 8 Lots | 12800 | ₹10,62,400 |
Key Performance Indicators (KPI)
| ROE | Not explicitly stated in the source |
| ROCE | Not explicitly stated in the source |
| RoNW | - |
| PAT Margin | 14.01% (FY26) |
| EBITDA Margin | 21.12% (FY26) |
| EPS | ₹8.84 (Pre-IPO) |
| NAV per share | - |
| Debt to Equity | Not explicitly stated in the source |
| P/E Ratio | - |
| Industry P/E | - |
Company Financial Data
| Period | Assets | Total Income | PAT | EBITDA | Net Worth | Borrowings |
|---|---|---|---|---|---|---|
| FY2026 | ₹97.04 Cr | ₹72.93 Cr | ₹10.22 Cr | ₹15.40 Cr | ₹48.24 Cr | ₹24.34 Cr |
| FY2025 | ₹66.04 Cr | ₹58.46 Cr | ₹7.99 Cr | ₹12.06 Cr | ₹25.60 Cr | Not explicitly stated |
| FY2024 | ₹52.69 Cr | ₹45.06 Cr | ₹5.12 Cr | ₹8.72 Cr | ₹17.60 Cr | Not explicitly stated |
Grey Market Premium
| GMP Price | Not Available |
| Kostak Rate | Not Available |
| Subject to Sauda | Not Available |
| Last Updated | Not Available |
| Estimated Listing Price | TBA |
IPO Subscription Data
| Total Subscription | Pending |
| QIB (Ex Anchor) | Pending |
| HNI Subscription | Pending |
| Retail Subscription | Pending |
| Anchor | - |
IPO Intermediaries
Registrar: Kfin Technologies Ltd.
Registrar Website: Not explicitly stated in the source
IPO Lead Manager(s)
Company Information
Address: Plot No.-2015, Phase III GIDC, Vatva Ahmedabad, Gujarat - 382445
Website: https://shantiinorganics.com
Email: info@shantiinorganics.com
Phone: +91-97277 52562
IPO Documents
Frequently Asked Questions (FAQ)
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