Shanthala FMCG Products Limited is an FMCG product distribution company engaged in the distribution of branded packaged foods, Personal care products, Education and stationery products, Matches and Agarbatti and tobacco products to large FMCG companies. The company aims at providing quality products at reasonable prices with on-time delivery.
The company also distributors for one of the largest FMCG MNC Company in India. We distribute branded Beauty & wellbeing, Nutrition, Personal care & Home care products for them.
Shanthala FMCG Products also distribute Oil, Sugar and Atta for M. K. Agrotech Pvt. Ltd. sold under their brand name Sunpure.
In 2007, Shamnthala FMCG became an authorized distributor of ITC company. The company aims to provide meaningful shopping experience to its customers.
Shanthala FMCG Products IPO – Details
| IPO Opening Date | 27 October 2023 |
| IPO Closing Date | 31 October 2023 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 17,66,400 Shares Worth ₹16.07 Crore Fresh Issue: 17,66,400 Shares Worth ₹16.07 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹91 |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Bigshare Services Pvt Ltd |
| Other Shares Offered | 50% |
| Retail Shares Offered | 50% |
Shanthala FMCG Products IPO – Date Schedule
| IPO Open Date | 27 October 2023 |
| IPO Close Date | 31 October 2023 |
| Basis of Allotment | 03 November 2023 |
| Initiation of Refund | 06 November 2023 |
| Credit of Shares to Demat Account | 07 November 2023 |
| IPO Listing Date | 08 November 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Oct 31, 2023 |
Shanthala FMCG Products IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1200 | 1,09,200 |
| Retail (Maximum) | 1 | 1200 | 1,09,200 |
| HNI (Minimum) | 2 | 2400 | 2,18,400 |
Competitive Strengths
- Distributor of Choice.
- Distribution of variety of Products.
- Experienced Promoter and management team with strong industry expertise and successful track record.
- Strong and long-standing customer relationships.
Company Promoters
- B. Manjunath Mallya
- Shobitha Malya
- Sneha Vinayak Kudva
- Yogish Mallya
Object Of The Issue
- Funding additional working capital requirements.
- General Corporate Purposes.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 39.55 | 38.90 | 0.14 | – |
| 31 March 2022 | 32.54 | 32.06 | 0.04 | – |
| 31 March 2023 | 40.77 | 40.08 | 0.17 | – |
Key Performance Indicator
| KPI | Values |
|---|---|
| P/E (x) | 25.66 |
| ROE | 12.38 |
| ROCE | 19.00 |
| Debt/Equity | 3.12 |
| EPS (Rs) | 3.55 |
| RoNW | 12.38 |
Shanthala FMCG Products IPO Promoter Holding
| Pre Issue Share Holding | 77.39% |
| Post Issue Share Holding | 59.71% |
Shanthala FMCG Products IPO Prospectus
Company Contact Information
| Shanthala FMCG Products Limited 7th Block, Gandhinagr Bye Pass Road Virajpet Kodagu – 571218 Phone: +91 82742 98999 Email: ipo@Shanthalafmcg.com Website: https://shanthalafmcg.com/ |
Shanthala FMCG Products IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
Shanthala FMCG Products IPO Lead Manager(s)
| 1. First Overseas Capital Limited |
Shanthala FMCG Products IPO FAQs
| What is Shanthala FMCG Products IPO? Shanthala FMCG Products IPO is a SME IPO. The issue is priced at ₹91 per equity share. The IPO is to be listed on NSE SME. |
| When Shanthala FMCG Products IPO will open? The IPO is to open on 27 October 2023 for Other – 50% and Retail – 50% Investors. |
| How to Shanthala FMCG Products IPO? You can apply Shanthala FMCG Products IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Shanthala FMCG Products IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Shanthala FMCG Products”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Shanthala FMCG Products IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Shanthala FMCG Products”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Shanthala FMCG Products IPO Size? Shanthala FMCG Products IPO size is ₹16.07 crores. |
| What is Shanthala FMCG Products IPO Price Band? Shanthala FMCG Products IPO Price Band is ₹91. |
| What is Shanthala FMCG Products IPO Minimum and Maximum Lot Size? The minimum bid is 1200 Shares with ₹1,09,200 amount while the maximum bid is 1200 shares with ₹1,09,200. |
| What is the Shanthala FMCG Products IPO Allotment Date? Shanthala FMCG Products IPO allotment date is 03 November 2023. |
| What is the Shanthala FMCG Products IPO Listing Date? Shanthala FMCG Products IPO listing date is 08 November 2023. The IPO is to list on NSE SME. |
