What is the issue size of Shanthala FMCG IPO?

The issue size of the Shanthala FMCG IPO is Rs 16.07 cr

What is 'pre-apply' for Shanthala FMCG IPO?

Pre-apply will alow you to apply for the Shanthala FMCG IPO 2 days before the subscription period starts.

If I pre-apply for Shanthala FMCG IPO, when will my order get placed?

Your order will be placed on the exchange as soon as the Shanthala FMCG IPO bidding starts. You will receive a UPI request within 24 hours after the bidding period opens.

When will I know if my Shanthala FMCG IPO order is placed?

We will notify you when your Shanthala FMCG IPO order is placed with the exchange.

What are the open and close dates of the for Shanthala FMCG IPO?

Shanthala FMCG IPO will be open between 27 Oct - 31 Oct, 2023.

What is the lot size and minimum order quantity of the Shanthala FMCG IPO?

Shanthala FMCG Limited IPO lot size is 1200 shares.

What are the allotment dates for the Shanthala FMCG IPO?

Shanthala FMCG IPO allotment date is 3 Nov, 2023. For Shanthala FMCG IPO allotment status check, you can visit the website of the registrar of the IPO.

Who is the registrar of Shanthala FMCG IPO?

Shanthala FMCG IPO registrar is Bigshare Services Pvt Ltd. You can check Shanthala FMCG IPO allotment status on the website of the registrar.

Where is the Shanthala FMCG IPO getting listed?

The shares are proposed to be listed on NSE SME.

Shanthala FMCG SME IPO

Shanthala FMCG Limited

₹1,09,200 /1200 sharesMinimum Investment

Shanthala FMCG SME IPO Listing DetailsListed OnIssue PriceListing PriceListing Gains
NSE₹91.00₹108.00₹17.00 (18.68%)
Shanthala FMCG SME IPO DetailsBidding DatesMin. InvestmentLot SizePrice Range
27 Oct ‘23 - 31 Oct ‘23₹1,09,2001,200₹91 - ₹91
Issue SizeIPO Doc
16.07CrRHP PDF
About Shanthala FMCG SMESince its incorporation in 2014, Shanthala FMCG has been a distributor serving major FMCG companies in India. They supply branded packaged foods, personal care products, education and stationery items, matches, agarbatti, and tobacco products. They are also distributors for a prominent Indian FMCG multinational company, distributing beauty, well-being, nutrition, personal care, and home care products.
Additionally, Shanthala FMCG distributes oil, sugar, and atta under the Sunpure brand for M. K. Agrotech Pvt. Ltd. Their current operational area is the Coorg district in Karnataka. ;
Parent Organisation
Shanthala FMCG Limited
Founded
2014
Managing Director
Mr. B. Manjunath Mallya
Strengths & Risks
Shanthala FMCG operates as a distributor specializing in fast-moving consumer goods for major companies based in India.
They handle a diverse range of products, including branded packaged foods, personal care items, education and stationery supplies, matches, agarbatti, tobacco products, beauty and wellness products, nutrition items, personal care goods, home care products, as well as essential food staples like oil, sugar, and flour. 
Shanthala FMCG maintains a consistent stream of repeat business. They leverage their client connections to cross-sell various products and services.
Shanthala FMCG's distribution network encompasses products from various companies, including HUL and ITC. This variety spans categories like food, beauty, personal care, and home care, satisfying both daily and aspirational needs. 
Recently, they've entered into a 'Redistribution Stockist Agreement' with Hindustan Unilever Limited (HUL), valid for five years from September 8, 2023. This agreement covers the distribution of all existing and forthcoming HUL products.
Shanthala FMCG distributes FMCG products, including tobacco products. It is subject to strict health and safety laws and consumption policies. Compliance with these regulations is crucial, as failure to do so may adversely affect the company's operations and finances.
Shanthala FMCG is currently involved in legal proceedings related to its promoter and promoter entities. These proceedings could potentially harm the company's business, financial condition, and operational results.
The company relies on third-party manufacturers and suppliers for its product inventory. If these suppliers encounter difficulties or do not adhere to regulatory requirements, it could negatively impact Shanthala FMCG's business.
Shanthala FMCG does not have long-term customer contracts, mainly relying on purchase orders. This arrangement could pose a risk to the company's revenues and profitability.
A small number of customers provide the company with a substantial portion of its revenue. Losing a significant client could have a material effect on its financial results.
Shanthala FMCG is dependent on a few suppliers for its material requirements without definitive agreements in place. The inability to maintain these supplier relationships or find new ones could adversely affect business operations.
The company's operations are concentrated in the Coorg district, Karnataka. Any loss or shutdown of facilities in this area could negatively impact its business and results.
The company has experienced negative cash flows in the past, and any future instances of negative cash flows may adversely affect its business, operational results, and prospects.
Shanthala FMCG has taken unsecured loans from Directors, which lenders can recall on demand. As of August 31, 2023, the outstanding loan amount is Rs. 32.87 Lakhs.
Financials
*All values are in Rs. Cr
No Graph Data To Display
Application detailsApply asPrice bandApply upto
Regular₹91 - 91₹2 Lakh
High Networth Individual₹91 - 91₹2 - 5 Lakh
For Shanthala FMCG SME IPO, eligible investors can apply as Regular.

Listed On	Issue Price	Listing Price	Listing Gains
NSE	₹91.00	₹108.00	₹17.00 (18.68%)

Bidding Dates	Min. Investment	Lot Size	Price Range
27 Oct ‘23 - 31 Oct ‘23	₹1,09,200	1,200	₹91 - ₹91

Issue Size	IPO Doc
16.07Cr	RHP PDF

Apply as	Price band	Apply upto
Regular	₹91 - 91	₹2 Lakh
High Networth Individual	₹91 - 91	₹2 - 5 Lakh

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