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Shanti Inorganics IPO

  • Listed
  • SME IPO (NSE Emerge)
  • NSE: SHANTIINOR

Listed 7 Sep 2026

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Listing gain
+90.0%+₹74.70 a share · +₹1,19,520 a lot
Listed at
₹157.70
Price band
₹79 – ₹83
Lot size
1600 shares
Minimum (2 lots)
₹2,65,600
Subscribed
–

Key dates

  1. Opened

    31 Aug

  2. Closed

    2 Sep

  3. Allotment

    3 Sep

  4. Refunds and shares credited

    4 Sep

  5. Listed

    7 Sep

Allotment was on Thu, 3 Sep 2026. Check with your PAN or application number.

Money for shares not allotted was due to be released by Fri, 4 Sep 2026. SmartFigure never asks for your PAN: these links open the registrar's and exchanges' own pages.

Subscription status

  • Total–
Shares offered and bid for, by category
CategoryShares bid for
Qualified institutional buyers (QIB)14,16,54,400
Foreign institutions (FII)2,75,98,400
Banks, financial institutions and insurers1,74,56,000
Mutual funds16,92,800
Other institutions9,49,07,200
Non-institutional investors (NII)15,89,00,800
NII: bids above ₹10 lakh (big NII)11,68,60,800
Corporates20,68,800
Individuals(Other than RIIs)11,20,72,000
Others27,20,000
NII: bids of ₹2–10 lakh (small NII)4,20,40,000
Corporates7,00,800
Individuals(Other than RIIs)4,04,68,800
Others8,70,400
Total30,05,55,200

Lot size and investment

ApplicationLotsSharesAmount
Retail (minimum)23,200₹2,65,600
HNI / NII (minimum)34,800₹3,98,400

IPO details

CompanyShanti Inorganics Limited
BoardSME (NSE Emerge)
Issue periodMon, 31 Aug 2026 to Wed, 2 Sep 2026
Price band₹79 – ₹83
Face value₹10 per share
Lot size1600 shares
Cut-off time for UPI Mandate Confirmation02-Sep-2026 (upto 5:00 PM) The cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding.
Issue SizeInitial Public Offer comprising of Fresh Issue of up to 56,91,200 Equity Shares (including Market Maker portion of 2,84,800 Equity Shares and Anchor portion of 16,19,200 Equity Shares)
Issue TypeBook Building
Tick SizeRe.1
IPO Market Timings10.00 a.m. to 5.00 p.m. (Bidding Timings on Issue Closure upto 4:00 P.M.)
Maximum Bid Quantity for QIB Investors37,87,200 Equity Shares in multiple of 1600 Equity Shares
Maximum Bid Quantity for NIB Investors27,05,600 Equity Sharesin multiple of 1600 Equity Shares
Sponsor BankKotak Mahindra Bank Limited
Contact person name number and Email idM Murali Krishna, +91 40 67162222 / 1800 309 4001 , shanti.ipo@kfintech.com
RegistrarKFin Technologies Limited
Lead managersVivro Financial Services Private Limited

Offer documents

Frequently asked questions

When does the Shanti Inorganics IPO open and close?

It opens on Mon, 31 Aug 2026 and closes on Wed, 2 Sep 2026.

What is the price band of the Shanti Inorganics IPO?

₹79 – ₹83 per share, with a face value of ₹10.

What is the lot size and minimum investment?

One lot is 1600 shares. SME retail investors must apply for at least two lots, which costs ₹2,65,600 at the top of the price band.

When is the allotment and listing date?

Allotment was on Thu, 3 Sep 2026 and the shares listed on Mon, 7 Sep 2026.

What was the Shanti Inorganics IPO listing gain?

It listed at ₹157.70 on Mon, 7 Sep 2026, a gain of +90.0% on the issue price of ₹83.

How do I check the Shanti Inorganics IPO allotment status?

On the registrar's website (KFin Technologies Limited) or the NSE and BSE allotment pages, using your PAN or application number, from the allotment date.

For information only. Not investment advice. SmartFigure is not registered with SEBI as an investment adviser or research analyst. GMP is an unofficial, unregulated grey-market figure, averaged from public websites; it is not a prediction of the listing price. Rely on the offer documents.