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Shanthala FMCG Products Limited

Shanthala FMCG Products Limited

listed
₹1.09LMin. investment

Shanthala FMCG Products Limited IPO Details

Price range₹91.00 – ₹91.00
IPO type
SME
Lot size1200 shares
Issue size₹16.07Cr
RHP/DRHP
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Shanthala FMCG Products Limited Timeline

  1. Bid start
    27 Oct 2023
  2. Bid end
    31 Oct 2023
  3. Allotment
    29 Oct 2023
  4. Release of funds
    6 Nov 2023
  5. Demat transfer
    3 Oct 2023
  6. Listing
    8 Nov 2023

About Shanthala FMCG Products Limited

Incorporated in 2014, Shanthala FMCG Products Limited is an FMCG product distributor for the large size FMCG Companies in India for Branded packaged foods, Personal care products, Education & Stationery products, Matches & Agarbatti and tobacco products. They are also the  distributors for one of the largest FMCG MNC Company in India where they distribute branded Beauty & wellbeing,Nutrition, Personal care & Home care products for them. They distribute Oil, Sugar and Atta for M. K. Agrotech Pvt. Ltd. sold under their brand name Sunpure. Their  area of operation is in the district of Coorg, Karnataka. The Company strives to bring the best global products to its customers by providing last mile connectivity to large consumer product companies.
Shanthala FMCG Products Limited  is set to debut its initial public offering (IPO). The proceeds generated from the Fresh Issue will be allocated towards the following objectives:
  1. Funding additional Working capital requirements.
 2. General Corporate Purposes.

Here are key details about the Shanthala FMCG Products Limited

Company NameShanthala FMCG Products Limited Limited Shanthala FMCG Products Limited IPO Opening Date27 October,2023
Company Incorporated in1996Shanthala FMCG Products Limited IPO Issue Size16.07 crore

Checklist

Risk analysis
Debt to Equity ratio
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Shares pledged
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Shanthala FMCG Products Limited Contact Details

Company NameShanthala FMCG Products Limited

How to apply for Shanthala FMCG Products Limited?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Shanthala Fmcg Products IPO FAQs