BY THE NUMBERS.
TICKET CLASSES.
HOW FULL THE BUS GOT.
WHAT THE CHATTER IMPLIES.
GMP +₹13 (+15.66%)
RECORDED 02 SEPT 2026, 15:53 IST
HOW THE ISSUE IS BUILT.
The two legs send the money to different places: a fresh issue raises new capital for the company, while an offer for sale is existing shares being sold by existing shareholders, whose proceeds go to those sellers and not to the company.
WHO GETS WHICH SEATS.
ON THE DASHBOARD.
THE RUNNING RECORD.
WHAT THE MONEY IS FOR.
Shanti Inorganics Ltd. is engaged in the manufacturing and trading of sulphur-based inorganic chemicals. Its product portfolio includes sodium metabisulphite, sodium sulphite powder, ammonium bisulphite solution, and sodium bisulphite powder and solution. These products are used as preservatives, reducing agents, oxygen scavengers, and process intermediates across industries such as oil drilling, pharmaceuticals, food and beverages, pulp and paper, and water treatment. The company operates two manufacturing facilities in Gujarat, located at Vatva, Ahmedabad and Chiyada, Bavla, Ahmedabad. Key Strengths: Geographically diversified business supported by an international export presence. Long-standing relationships with customers across diverse industries. Strategically located manufacturing facilities with reliable access to raw materials and established supplier relationships. Strong focus on quality, food safety, certifications, and regulatory compliance.
ON THE ROSTER.
COMMON QUESTIONS.
What is the Shanti Inorganics IPO price band?+
The indicative price band is ₹83 per share. The binding terms are the ones in the Red Herring Prospectus (RHP).
What is the lot size of the Shanti Inorganics IPO?+
One lot is 1600 shares. At the upper band of ₹83, one lot works out to ₹1,32,800.
When does the Shanti Inorganics IPO open and close?+
The issue opened on 31 Aug 2026 and closed on 02 Sept 2026. Dates can move — the registrar and the exchange notices are the record.
When is the Shanti Inorganics IPO allotment?+
Allotment is scheduled for 03 Sept 2026. The basis of allotment is published by the registrar to the issue. BuyUnlistedShares does not accept, process or track IPO applications.
When does Shanti Inorganics list?+
Listing is scheduled for 07 Sept 2026 on NSE SME.
Where will Shanti Inorganics be listed?+
Shanti Inorganics is proposed for listing on NSE SME. It is an SME issue, so it trades on the SME platform.
How large is the Shanti Inorganics IPO?+
The issue size is ₹47.24 Cr — a fresh issue of ₹44.87 cr. Figures are indicative and subject to the RHP.
What is the grey market premium (GMP) for the Shanti Inorganics IPO?+
The last GMP we recorded is +₹13 (+15.66%), as at 02 SEPT 2026, 15:53 IST. GMP is unofficial grey-market chatter. It is not a quote from any exchange, it is not a price anyone is obliged to honour, it moves through the day and it often does not match the eventual listing price. We publish it as information only.
What listing price does the GMP imply for Shanti Inorganics?+
Adding the last recorded GMP to the upper band gives ₹96. That is a calculation, not a forecast or an investment recommendation, and it is built on an unofficial grey-market figure.
How was the Shanti Inorganics IPO subscribed?+
The issue was subscribed 141.25× overall. By category: qib 130.97×, nii 195.53×, small hni 155.47×, big hni 215.56×, retail 125.72×. Subscription figures are as reported by the exchanges.
Who is the registrar for the Shanti Inorganics IPO?+
The registrar to the issue is Kfin Technologies Ltd. (040-79615565), shanti.ipo@kfintech.com.
Where can I check the Shanti Inorganics IPO allotment status?+
Allotment status is published by the registrar on its own official portal: https://ipostatus.kfintech.com/. Use the registrar's site directly — BuyUnlistedShares does not ask for PAN, application numbers or any other applicant detail.
What is the P/E ratio of the Shanti Inorganics IPO?+
The P/E ratio on file for this issue is 9.39, and the post-issue P/E is 9.54, stated as of 31 Mar 2026. A reported ratio is not a view on value.